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5 Essential Business Development Activities for Hotel Sales Teams

Revenue Hub

We recommend implementing three strategic nurture campaigns: Past Bookings: Reach out to past definite bookings. Invite these groups back for an anniversary party, follow-up strategic planning session, or suggest making your hotel the annual holiday party venue of choice.

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Streamline the Rush: Solving the Pain Points Created by Delivery Apps

Modern Restaurant Management

The modern restaurant ecosystem demands that businesses of all shapes and styles, from full-service fine dining to quick-serve fast-casual, incorporate third-party delivery systems into their business models, strategic planning, Front and Back of House training and physical design.

Training 196
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What Restaurants Need to Know About PPP Forgiveness, Including Recent Changes 

Modern Restaurant Management

If they are paying their workforce, they most definitely are doing so with a reduced headcount. Having a revised business model and an effective strategic plan could even lead to higher margins and increased returns long-term. Restaurants today are still finding themselves with doors closed. With crisis, comes opportunity.

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Definition of revenue growth strategies

Les Roches

Maximizing profit margins through effective planning and analysis One of the­ most important goals for any business is to maximize profit margins, which re­quires strategic planning and careful analysis. By flexibly adapting goals to capitalize on these, busine­sses can help ensure long-term success.

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Work Smart, Play Smart

Modern Restaurant Management

We believe it starts with the definition of what you want your organizational culture to be. Third, we include Team Development in all of our strategic plans and budgets. We share stories, celebrate our successes, and dole out positive vibes with our “Fist Bump” program.

Budgeting 197
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How to Build a Hotel KPI Tree and Link it to Your Strategy

Revenue Hub

Define the strategy Establish the hotel’s mission, vision, and goals by conducting one or several strategic planning meetings with stakeholders before setting plans and budgets for the next year. Again, the definition of the KPI is critical, as is the alignment, so people are working toward the same goals.

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Roadmap to Sustainability

Modern Restaurant Management

She dives into the real definition and actions required to achieve sustainability from the environmental to the societal to the economical. The biggest challenge is simply having the capacity to think about these issues, make a strategic plan, gather information, and take action.

Book 196