Revenue Hub

DECEMBER 5, 2024

Managers can use it to budget, allocate resources, streamline inventory management, and improve the guest experience. These models use machine learning and causal AI to incorporate past and present data and uncover cause-and-effect relationships between variables, predicting shifts in demand and adjusting as they happen.

Book 109

Book Article Budgeting Pricing 109

Modern Restaurant Management

NOVEMBER 22, 2024

To facilitate a successful seasonal hiring process, restaurant operators must understand the full lifecycle of a seasonal hire – from recruitment to onboarding to retention – and how each stage presents an opportunity for restaurants to enhance their business and cultivate stronger teams.

Scheduling 175

Scheduling Training Budgeting Communication 175

Modern Restaurant Management

NOVEMBER 24, 2020

Restaurant owners are being forced to find a way to make it through winter with vastly reduced revenue, and many operators are scrambling to reallocate budgets and manage staffing to survive COVID-19. Plan for Gaps in Your Budget. That said, restaurants didn’t have COVID-19 written into their budget at the beginning of 2020.

Budgeting 230

Budgeting Communication Training & Development Marketing 230

Hotelogix

NOVEMBER 28, 2024

Whether it's business travelers seeking efficiency, luxury seekers craving unique experiences, or budget-conscious families planning their vacations, each group has distinct needs and preferences that present unique revenue opportunities.

Marketing 100

Marketing Guest Satisfaction Book Budgeting 100

Modern Restaurant Management

JUNE 1, 2022

As the prices of construction materials skyrocket due to rising inflation and supply chain woes, budgeting for commercial development has become significantly more challenging. It isn’t just the higher price tags, but the difficulty of sticking to budget constraints over the life of a project.

Budgeting 208

Budgeting Maintenance Pricing Back of House 208

Hotel Owner

OCTOBER 13, 2022

This year’s highlights will include the manufacturer’s market-leading dispensing systems –solutions that are better for the planet as well as the budget. The Salon for hotel and restaurant professionals will take place in Paris from November 6 to 10.

Presentation 105

Presentation Budgeting Marketing 105

Revenue Hub

MARCH 31, 2025

Consider offering: Late check-out or early check-in Complimentary spa access or a welcome drink Dining credits or a free upgrade The key is to present these packages as relaxed, flexible escapes, not just budget-friendly stays. This type of localised, timely content often performs well in both organic search and paid campaigns.

Book 65

Book Presentation Events Article 65

Soft Inn

DECEMBER 28, 2023

In response to the recent announcement in Malaysia's Budget 2024 presented in Parliament, a significant development is on the horizon that may cast a substantial impact on the hotel industry. There is a proposed increase in the Sales & Services Tax (SST) from the current 6% to 8% which might take effect from 1st March 2024.

Budgeting 130

Budgeting Presentation 130

Modern Restaurant Management

JULY 13, 2022

Differences in manpower, brand recognition, technology and marketing budgets have all presented significant challenges for single location restaurants to compete for market share. Even in the best of times, it’s mostly been an uphill battle for single location restaurants to compete with chain franchises.

Download 214

Download Marketing Presentation Information 214

Hotelogix

JANUARY 19, 2025

Standing out doesn’t require an enormous budget or complex tools, it requires the right strategy and the essentials like SEO to boost visibility, reviews to build trust, and technology to streamline operations. Unprofessional Photography: Dark, blurry, or poorly staged photos can deter even the most budget-conscious travelers.

Marketing 100

Marketing Book Budgeting Blog 100

Hotel Owner

NOVEMBER 8, 2024

The owner will always approve the yearly operating budget, and the furniture fixtures and equipment (FF&E) budget, along with any required capital replacements as presented annually by the brand.

Budgeting 72

Budgeting Presentation Training Information 72

Hotel Owner

FEBRUARY 5, 2025

The Igloo Hybrid Hostel, a budget accommodation in Nottingham, has been brought to market for 1.5m. “With its prime city-centre location and excellent reputation, the Igloo Hybrid Hostel presents a rare opportunity to acquire a well-established and highly adaptable business in one of the UKs most dynamic cities.

Marketing 52

Marketing Budgeting Presentation 52

Revenue Hub

JANUARY 28, 2025

Even with advanced systems, the process often looks like this: Static Dashboards: Predefined views and reports present aggregated data but offer little flexibility to adapt to specific questions. For instance, they may ask, Are we at $250K compared to the $300K budget target?

Pricing 70

Pricing Presentation Article Budgeting 70

Modern Restaurant Management

JANUARY 2, 2025

From garlic-butter crust options to artisanal oils, offering “good, better, best” options allows pizzerias to serve budget-conscious customers while catering to those willing to splurge for higher quality.

Training 100

Training Customer Service Budgeting Catering 100

Revenue Hub

APRIL 22, 2024

The absence of marketing at key points in a traveler’s booking journey due to budget restrictions should be recognized for what it is—opportunity cost. Your marketing and distribution alarms should be firing – this is the most critical time for your property to be present in the booking journey. Opportunity maximized.

Budgeting 109

Budgeting Book Presentation Marketing 109

Modern Restaurant Management

AUGUST 6, 2024

Recovering from a disappointing experience presents an opportunity to showcase your brand's values. This approach helps fortify restaurant concepts against economic pressures and allows them to win a larger share of tightening guest budgets. Yet it requires taking a more comprehensive approach to experience design.

Pricing 197

Pricing Accounting Presentation Budgeting 197

Hospitality Magazine

JANUARY 23, 2023

The panel will select the top 10 finalists based on technique, ingredients, storytelling and presentation, with the final group to be flown to France. The grand prize includes a trip to France for two and a $5,000 Euro budget allowing the recipient to tour and promote their winning drink.

Budgeting 130

Budgeting Presentation Magazine 130

Modern Restaurant Management

MAY 28, 2020

Research presented last year at Advertising Week New York showed how people who download a QSR brand’s app are more loyal to that brand versus those that do not have it. With people not going into the office at present, many are less likely to stop by Starbucks on their way to work for coffee or a sandwich.

Download 181

Download Communication Presentation Budgeting 181

Boutique Hotel News

MARCH 14, 2023

The company predominantly operates Ibis budget hotels across the UK. Viv Watts, co-founder of AGO added: “These past few years have presented the hotel investment market with challenges, but this new opening is an indication the market is recovering and there are new hotel deals to be done.

Budgeting 130

Budgeting Presentation Training Marketing 130

Larry Mogelonsky

DECEMBER 2, 2024

Something that many of us have felt and others have put into numbers is the megatrend of luxury hotel rates growing at an outsized pace relative to in-market comparisons from other budget, midscale and even upmarket hotels.

Budgeting 130

Budgeting Definition Pricing Marketing 130

Revenue Hub

NOVEMBER 8, 2023

You knew it was coming – it happens every year – but budget season was hectic so you pushed it to the bottom of your to-do list until… “What are we doing for Black Friday this year?” can be used to save you time (and budget!) It’s the question every busy marketer fears. But it doesn’t have to be this way!

Book 104

Book Budgeting Blog Pricing 104

Modern Restaurant Management

SEPTEMBER 2, 2020

Use planters and other sturdy dividers to make sure your space is presentable and doesn’t look haphazardly put together. Traditionally, the rule of thumb is to invest 50 percent into a budget of what one year of revenue will bring. A budget of $10,000-30,000 should suffice for most. You hope for an ROI within three years.

Budgeting 203

Budgeting Scheduling Sanitation Server 203

Hotel Business

DECEMBER 18, 2024

People deserve to know up-front what theyre being asked to paywithout worrying that theyll later be saddled with mysterious fees that they havent budgeted for and cant avoid, said FTC Chair Lina M. In addition, Congress proposed a continuing resolution (CR) that would protect consumers from hidden lodging fees.

Pricing 59

Pricing Events Budgeting Presentation 59

Boutique Hotel News

JANUARY 16, 2023

Rising costs spur budget increases . Eighty-one per cent in total say their budget will rise, including 26 per cent who predict it will increase significantly. Only around one in six travel managers (15 per cent) believe their budget will decrease. Travel managers have new needs when sourcing hotels .

Budgeting 130

Budgeting Download Events Pricing 130

Hotelogix

JULY 18, 2024

Improved hotel budgeting: Forecasting helps create more accurate budgets by predicting revenue and expenses more precisely. Present the report: Create a clear and comprehensive report that includes charts, graphs, and actionable insights.

Guest Satisfaction 130

Guest Satisfaction Budgeting Book Pricing 130

Modern Restaurant Management

DECEMBER 30, 2020

If the restaurant does online ordering, that information (including links) can be presented on these sites as well. If the restaurant is lucky enough to have the budget to work with a marketing agency, that entity can do many of these things. Accurate contact information (i.e., hours, phone number) is foundational.

Communication 216

Communication Information Marketing Blog 216

Modern Restaurant Management

SEPTEMBER 22, 2020

Yes, curbside presents a new way of fulfilling an order. If you have the budget to make your curbside indicators match the rest of your wayfinding, do so! In the drop-and-run method of curbside today, the interaction has dropped as well and, of course, many people that work in restaurants enjoy meeting their customers.

Budgeting 236

Budgeting Communication Presentation Training 236

Hotel Business

JUNE 28, 2023

This was followed by using public transportation or walking to work instead of driving a car (38%), giving birthday presents to friends (37%) and not going to a friend’s bachelor or bachelorette party (37%). Two-fifths (40%) would stop buying new clothes for six months to help save money to go on vacation.

Budgeting 105

Budgeting Pricing Book Presentation 105

Modern Restaurant Management

DECEMBER 30, 2020

From selling groceries, to prepping cook at home meal kits, to cocktails to-go, the hospitality industry has stepped up to the challenges presented by responding with creativity and resourcefulness. The pivoting we’ve seen across the industry throughout 2020 has been, in one word, impressive.

Marketing 225

Marketing Communication Sanitation Budgeting 225

Revenue Hub

MARCH 4, 2024

You Need a Huge Budget If you’re thinking, you need to spend money to make money, you’re correct. And, while having a large budget presents less challenges, effective marketing doesn’t always require a massive lump sum. Building brand awareness, attracting customers, and maintaining relationships requires consistent effort.

Marketing 109

Marketing Budgeting Maintenance Article 109

Hospitality Magazine

JULY 10, 2023

On 31 July at Metropolis Events, the industry’s leading figures will gather together for a full-day conference of keynotes, panel discussions, Q&As, and presentations on staffing, sustainability, marketing and branding, hospitality tech, the global food system, and much more. So what are you waiting for?

Menu Planning 100

Menu Planning Presentation Budgeting Training 100

Revenue Hub

APRIL 17, 2024

You have to go hunting for this data and even then it is opaque and not as presentable as other campaign keyword data is. Things like limited budget and targeting are reasons Google can show PMax over your standard campaigns. Due to the way Pmax works, there is no keyword data … like, none at all.

Budgeting 106

Budgeting Article Marketing Accounting 106

Hotel Owner

OCTOBER 19, 2023

A major budget hotel in Belfast has been brought to the market for sale for offers of more than £7.175m. Gavin Elliott, senior director at selling agents CBRE Northern Ireland said the sale presented a strong opportunity at “an exciting time for the Belfast hotel sector”.

Marketing 98

Marketing Budgeting Presentation Training 98

Modern Restaurant Management

DECEMBER 21, 2021

There is money to be saved by more closely managing campaign budgets and the cost of offers by zeroing in on efforts around segmentation and personalization. Focusing on predictive analytics and automation addresses several common issues that brands face today, which present ample opportunity for bottom line improvement.

Kitchen Operations 196

Kitchen Operations Back of House Pricing Marketing 196

Hospitality Magazine

NOVEMBER 13, 2023

Three months prior, decide on the target audience, promotional concept, and budget. There are good QR- code raffle systems so people can enter from their phones Go hard on gift card promotion They’re great for presents, which can lead to repeat business when recipients use them in the new year.

Back of House 147

Back of House Budgeting Scheduling Events 147

Revenue Hub

SEPTEMBER 24, 2024

Enhancing visibility and direct bookings: For hotels and resorts, appearing on metasearch booking engines is more than just being present; it’s about maximizing visibility. By strategically managing hotel metasearch advertising, Metadesk can optimize bids and budgets to enhance visibility and drive direct bookings.

Marketing 109

Marketing Book Presentation Article 109

Modern Restaurant Management

MAY 13, 2020

Malware is often present on systems for months before IT divisions and owners are aware. For owners who already employ IT staff or work with an IT partner : Provide the budget and time necessary to successfully safeguard the restaurant and all of its digital infrastructure. Don’t make the same mistake.

POS Systems 212

POS Systems Server Download Budgeting 212