Remove Competitive Analysis Remove Information Remove Scheduling
article thumbnail

Why the Shift Experience Is 2022’s Answer to Staff Retention

Modern Restaurant Management

From unpredictable schedules to being denied time off, shift workers are frustrated and exhausted. Worldwide, 40 percent of job candidates rank schedule flexibility as one of their top factors in career decisions. Pen-and paper schedules are behind us – or at least you’d think. Reduce Wage Costs.

article thumbnail

Best Hotel Review Websites to Improve your Hotel Reputation

Hotelogix

These websites serve as a critical resource for travelers looking to make informed decisions based on past guests' experiences. These sites are frequented by millions of users looking to make informed travel decisions. Hotels can analyze guest preferences and expectations trends, which can inform targeted marketing strategies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Innovative Techniques for Hotels to Optimize Room Rates, Occupancy, and Revenue

Horizon Hospitality

Make sure you have regularly scheduled training on your RMS so that your staff is up to date on upgrades to the software. Utilize Real-Time Data: Dynamic pricing thrives on real-time information. Ensure you have systems in place to capture and analyze data continuously, allowing you to make informed pricing decisions quickly.

Pricing 130
article thumbnail

Harness the power of data analytics in hospitality

Les Roches

In the digital age, data can be the source of actionable insights, empowering businesses to make informed decisions that can shape lucrative strategies and create growth. But what purpose does this raw information serve? Let’s look at the intriguing world of data analytics and it can be essential for any hospitality business.

article thumbnail

How to start a hotel business plan

SiteMinder

It serves as a roadmap for your hotel’s success, helping you attract investors, secure funding, and make informed decisions about your operations. Break-even analysis: Calculate the point at which your hotel will start to generate a profit. Smart technology: What smart devices (e.g.,

article thumbnail

Social Media for Restaurants: 20 Effective Strategies To Boost Your Social Presence Online

7 Shifts

Analyze what competitors are doing If you want to stand out from the competition, you have to know what they’re doing well and build on their strategies. Another reason to do a competitive analysis is to identify gaps in your competitors’ strategies.

article thumbnail

How to Write a Restaurant Business Plan [with Sample]

7 Shifts

A business plan should include information on your target market, competition, business model, marketing strategy, and financial projections. A business plan is commonly associated with investors—it's what they will look to for a better understanding of a business, its concept, and its competitive advantage. Scheduling software.

Document 158