Modern Restaurant Management

DECEMBER 30, 2024

At the same time, a rise in fast-food prices driven by inflation is reshaping consumer behavior, with many customers now treating fast food as a splurge rather than a convenience. Transparent communication and well-synchronized platforms helps every phygital interaction feel reliable and intuitive.

Communication 180

Communication Pricing Catering 180

Revenue Hub

JANUARY 10, 2025

In the competitive world of hotel sales, effective communication can make or break a deal. However, its not enough to simply email prospects, the key lies in strategic and thoughtful communication to stand out amidst the barrage of emails recipients receive daily. Personalization is the cornerstone of effective email communication.

Communication 109

Communication Catering Article Events 109

Hotelogix

JUNE 10, 2024

In this context, hotel dynamic pricing is one of the most critical elements. What is dynamic pricing in hotels?  Dynamic pricing strategy in hotels allows hoteliers to optimize revenue by ensuring room rates accurately reflect market conditions and consumer behavior.

Pricing 130

Pricing Demo Communication Training 130

Revenue Hub

NOVEMBER 14, 2024

The person should be good with numbers, super organized, a stickler, a strategic thinker, and an effective communicator who can rally the whole team to support revenue strategies. Pricing: What Rates Will You Charge? Pricing is one of the most important tasks of revenue management. Price dynamically.

Pricing 109

Pricing Scheduling Book Article 109

Revenue Hub

NOVEMBER 29, 2024

Designed to automate essential processes, Autopilot not only refines pricing strategies but also ensures hotels stay ahead of the competition while optimizing revenue streams effortlessly. Now, hotels can manage guest communications in real-time and personalize every interaction without switching between multiple systems.

Pricing 109

Pricing Book Communication Marketing 109

Hotelogix

NOVEMBER 7, 2024

This blog outlines simple, actionable strategies that hotels of all sizes can use to grow their business, from direct bookings to pricing strategies and everything in between. Promote a Best Rate Guarantee: Ensure guests know they'll get the best price when booking directly. For example, "Book now for 20% off on your stay!"

Pricing 130

Pricing Book Events Demo 130

Hospitality Magazine

JANUARY 15, 2025

Prices are up across the board wages, energy, you name it. However, more importantly, you need to keep the product you are offering at a good quality and at a fair price. Sarah Proietti, venue manager and head of people & culture, Maybe Sammy Build a team culture based on respect and open communication.

Marketing 257

Marketing Pricing Communication Training 257

Revenue Hub

JANUARY 10, 2025

Just as calculators replaced manual long division, or email transformed communication, tools like generative AI (gen AI) are poised to redefine how businesses operate and educate. Unlike traditional methods that rely on static pricing models and siloed data, gen AI introduces a dynamic and highly adaptable approach to decision-making.

Pricing 109

Pricing Guest Satisfaction Book Marketing 109

Modern Restaurant Management

NOVEMBER 14, 2024

Despite 93 percent of QSR operators indicating they raised prices in 2024, nearly two-thirds (64 percent) reported increased traffic across all dayparts, according to TransUnion’s QSR Industry Report: Bridging the Affordability and Profitability Gap.

Communication 100

Communication Pricing Catering Marketing 100

Revenue Hub

OCTOBER 30, 2024

Revenue leaders need to decide whether short-term gains negatively impact brand perception and pricing integrity. Insight : Implement a value-based pricing strategy that emphasizes the unique features and experiences your property offers, rather than relying solely on discounts. Bundled Offers, or Bumbled Offers? Not planning ahead?

Pricing 106

Pricing Book Article Communication 106

Revenue Hub

MAY 21, 2024

Today we explore why hotel guests ask so many questions, the gold standards of hotel guest communications and the challenges hoteliers face in that area. Joining us for this conversation is Shaun Sequeira from HiJiffy , one of our Expert Partners. Once the guest is reached there, now you’ve started your guest experience.

Communication 109

Communication Book Demo Pricing 109

Revenue Hub

APRIL 19, 2024

However, it’s not enough to simply email prospects, the key lies in strategic and thoughtful communication to stand out amidst the barrage of emails recipients receive daily. Personalization is the cornerstone of effective email communication. It’s as simple as addressing recipients by their name – personalized subject lines are 22.2%

Communication 109

Communication Document Article Catering 109

Revenue Hub

SEPTEMBER 27, 2024

NB: This is an article from Knowland Subscribe to our weekly newsletter and stay up to date Also known as attribute-based pricing, the shift allows guests to customize their stay by selecting only the necessary services, potentially reducing costs and enhancing their overall experience.

Pricing 107

Pricing Guest Satisfaction Communication Book 107

Hotelogix

NOVEMBER 28, 2024

After adopting a channel manager, they: Cut errors by 85% Increased bookings during peak season by 25% Saw guest ratings improve due to better communication Channel Management Best Practices Using the right channel manager is only half the job. Many systems offer automated pricing tools. Use these to stay on top of potential issues.

Book 130

Book Property Management Reservations Pricing 130

Hospitality Magazine

DECEMBER 16, 2024

As we were looking to compete with Hendricks at the top end of the price bracket (over AU$70 a bottle), we wanted to pick colours that communicated status, premium and (again) timelessness. The outlier was Hendricks with its almost medicinal dark black bottle. The end result was our iconic black label with copper foil.

Communication 246

Communication Pricing Magazine 246

LimeTray

FEBRUARY 9, 2025

The article below explores key features of restaurant POS systems, comparing top options like ere4u and LimeTray, along with their pricing factors. With a solid restaurant POS system, orders are entered accurately, and special requests are clearly communicated to the kitchen. Here are ten key factors that influence POS system pricing.

Pricing 52

Pricing POS Systems Server Scheduling 52

Revenue Hub

JANUARY 10, 2025

NB: This is an article from MARA Subscribe to our weekly newsletter and stay up to date The top 10 emerging trends, including AI-driven guest communication and focus on recent reviews, will reshape reputation management in hotels. The right tools can enhance both efficiency and guest communication quality.

Guest Satisfaction 109

Guest Satisfaction Communication Book Article 109

Revenue Hub

DECEMBER 18, 2024

Strategic Revenue Moves with Experiential Gifts Dynamic Pricing Done Right Lets talk numbers. Dynamic pricing during the holiday rush? Absolutely. But lets keep it transparent – guests appreciate honesty, and understanding why rates change will help maintain their trust. Create tailored experiences that hit the sweet spot.

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Workshop Pricing Article Marketing 108

Modern Restaurant Management

OCTOBER 30, 2024

. "Value is a broader tent than price, but price is an important value platform when consumers are faced with high inflation or a personal economic situation such as a job loss," Tim Fires, president of global foodservice at Circana, told Modern Restaurant Management (MRM) magazine. "We

Pricing 100

Pricing Budgeting Communication Magazine 100

Hotelogix

DECEMBER 17, 2024

What makes guests choose one hotel over another even when the price and amenities are nearly the same? Align Your Pricing with Your Promise Guests see price as a reflection of value. Guests want comfort, convenience, and thoughtful touches without the premium price tag.

Pricing 130

Pricing Book Marketing Budgeting 130

Hotelogix

MARCH 21, 2025

Intelligent hotels are embracing AI-based communication tools at a breakneck pace, not only to wow technology-aware travelers but also to automate operations, increase revenue , and establish long-term guest loyalty. AI-driven messaging apps can handle multilingual communication, making them useful for international guests.

Guest Services 100

Guest Services Guest Satisfaction Book Training 100

Modern Restaurant Management

MARCH 11, 2025

While working hard to bring customers back into the restaurant is very important for success, it has become more important to figure out the third-party equation in terms of pricing, commissions and fees, and value – which is ultimately the difference between success and failure. Small businesses did what they always do—adapt.

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POS Systems Marketing Server Communication 188

EATER

SEPTEMBER 20, 2023

In the bread aisle, you see two loaves identically wrapped; both are perfectly edible, but one is a day older and costs half the price. This is a business practice called dynamic pricing, and it may be coming soon to a supermarket near you. The price is changing throughout the [time] horizon.” Which do you choose?

Pricing 137

Pricing Accounting Communication Marketing 137

Revenue Hub

FEBRUARY 25, 2025

Atomize Hall 9, Stand 313 (Mews stand) Maximize Your Hotel’s Revenue With Less Effort: Atomizes AI-driven Revenue Management System turns complex data into real-time pricing, ensuring you offer the right room, to the right guest, at the right price – maximizing revenue up to two years in advance.

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Book Communication Pricing Demo 78

Hotelogix

NOVEMBER 28, 2024

Personalizing Communication Channels Each segment prefers different communication methods: Corporate clients: LinkedIn, email newsletters Millennials: Instagram, mobile apps Senior travelers: Traditional mail, phone support Modifying Pricing Strategies Implement dynamic pricing based on segment behavior patterns.

Marketing 100

Marketing Guest Satisfaction Book Budgeting 100

Hotelogix

JANUARY 12, 2025

Integrate Your Rates and Inventory : Managing multiple OTA platforms manually can quickly become overwhelming, leading to errors like double bookings or inconsistent pricing. A Channel Manager is a tool that synchronizes your room availability, pricing, and inventory across all connected OTAs in real-time. 

Book 130

Book Pricing Marketing Events 130

Revenue Hub

NOVEMBER 29, 2024

Here is our round up of 8 Success Stories from our Expert Partners outlining revenue growth, increased ADR, occupancy, booking growth, pricing changes and direct channel success. Challenge Eliminating heavy reliance on manual spreadsheets for revenue management and generating data insights for accurate, data-driven pricing.

Book 109

Book Pricing Reservations Events 109

EATER

OCTOBER 21, 2024

This puts restaurateurs in a precarious position of having to communicate choices and challenges without sullying the fun of eating out. Customers who are attracted to sustainable eating “come find us because of our sourcing,” he adds, but “there’s only so many places we can communicate that.” without interruptions.

Communication 131

Communication Pricing Information Training 131

Boutique Hotel News

NOVEMBER 15, 2022

The Ying’nFlo app will allow users to check-in and out, control in-room technology such as the television, air conditioning and lighting, communicate with reception, and browse local points of interest. In the lobby and communal spaces, vending machines will provide a range of supplies and snacks.

Communication 264

Communication Pricing 264

Revenue Hub

NOVEMBER 18, 2024

Consideration: They explore your website, reading about amenities, checking reviews, and comparing prices. Post-Booking: After booking, the guest may interact with confirmation emails, loyalty programs, and any pre-stay communications.

Book 109

Book Reservations Article Accounting 109

Revenue Hub

NOVEMBER 14, 2024

Transparent and Competitive Pricing : Ensure direct booking offers the best rates and communicate this. This transparent approach can help steer travelers away from third-party options and establish trust.

Book 109

Book Article Marketing Communication 109

7 Shifts

NOVEMBER 15, 2024

How do you communicate restaurant policies and changes to your employees effectively? How do you maintain smooth communication between FOH and BOH staff? Becoming a restaurant manager entails leadership and communication skills. This question also gauges a potential manager’s leadership and communication skills.

Communication 78

Communication Server Special Events Training 78

Modern Restaurant Management

MARCH 21, 2023

Many brands have been experimenting with new technology to help reduce the demand for labor and combat recent price inflation. Improving Communication with Customers With inflation increasing at record levels, it will be critical for QSR brands to easily relate the costs of materials, sourcing, and labor to customers clearly and concisely.

Pricing 189

Pricing Communication Customer Service Information 189

Modern Restaurant Management

OCTOBER 17, 2024

It is consequentially more difficult for restaurant owners and operators to obtain comprehensive coverage at a fair price – let alone find policies with the specific coverages they need. Restaurant owners and operators should discuss these options with their insurer, who will help determine what coverage best fits their business.

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Training Events Maintenance Document 167

Modern Restaurant Management

JULY 9, 2024

percent YOY) and throughout 2024 were primarily due to price increases, which have surged nearly 50 percent in some segments since the pre-pandemic era and were still up 3.0 Additional insights into QSR sales, traffic, and pricing trends are in the Revenue Management Solutions June Trend Report. Positive net sales in May (+1.9

Pricing 189

Pricing Marketing Budgeting Communication 189

Hospitality Magazine

NOVEMBER 25, 2024

The bread course at the newly opened Tilda in Sofitel Wentworth Sydney is priced at $39 and a great example of the selling power of service. Communication and transparency is key! Back in 2018, the average price of 750ml of wine in US dollars was $11.40, according to the World Health Organization.

Front of House 173

Front of House Pricing Communication Training 173

Modern Restaurant Management

OCTOBER 28, 2022

And though that in and of itself is helpful, it also communicates something important to your employees – you care about their experience and want to make things easier for them. 3 – Foster Better Communication. Open and transparent communication is a hallmark of great leadership. Further, listen to your employees.

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Training Communication Scheduling Information 188