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How to Reduce Technology Management Costs in Hotels

Hotelogix

On-premises or server-based hotel management systems require you to invest upfront in costly hardware, a dedicated IT team, and ongoing maintenance expenses. It lowers initial investment and mitigates unexpected costs, allowing you to maintain your budgets more prudently - improving hotel amenities, marketing,etc. Hold on!

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Prioritizing Restaurant Maintenance – The Recipe for Long-Term Success  

Modern Restaurant Management

There are many factors that drive the bottom line for restaurants and properly managing maintenance is chief among them. Maintenance impacts multiple critical aspects of restaurant management and operations. Restaurant maintenance ensures technical difficulties don’t compromise food production and quality.

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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

To help you survive and thrive, we've created a step-by-step and easy-to-follow restaurant budgeting guide. Table of Contents What is included in a restaurant budget? Why should you create a restaurant budget? Conclusion Frequently Asked Questions (FAQs) What is included in a restaurant budget?

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Best Steps and Practices to Create a Robust Hotel Budget

Revenue Hub

Planning a hotel budget is a critical task that ensures the smooth operation and financial health of your hotel. This guide will walk you through the essential steps, best practices, and expert advice to help you create a robust hotel budget. Without a budget, you risk financial instability and inefficiency.

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The Financial Burden of Owning Commercial Kitchen Equipment

Modern Restaurant Management

The high upfront costs, ongoing maintenance expenses, and potential equipment obsolescence can quickly eat into your budget. Avoiding Maintenance and Repair Expenses Another significant financial burden associated with owning commercial ice and refrigeration equipment is the ongoing maintenance and repair costs.

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Why Static Pricing Is Hurting Your Hotel Revenue

Revenue Hub

Every empty room represents lost revenue you may or may not make backand those missed profits mean tighter budgets in every other aspect of your operations, from marketing to maintenance, amplifying their impact. Losing bookings during low-demand times Low-demand periods can be some of the most nerve-racking times for any hotelier.

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Maximize Digital Marketing Performance with Data Strategies

Revenue Hub

For airlines, data-driven insights have enabled route planning based on customer demand, predictive maintenance to reduce unexpected delays, and demand forecasting to optimize capacity on-board each flight. The power of data is keenly understood in most industries nowadays.