Remove Domestic Remove Maintenance Remove Strategic Planning
article thumbnail

MRM Research Roundup: Mid-Year 2024

Modern Restaurant Management

KFC finishes second at 81 (unchanged), appearing to hold on to highly loyal customers as competitors cut into its domestic market share. These obstacles highlight the need for strategic planning, education, and investment to successfully integrate AI into restaurant operations.

Pricing 117
article thumbnail

How to Start a Hotel Business

Xotels Hotel Revenue Management

Considering how the following external factors could be affecting the market is therefore vital: Domestic travel, whether larger or smaller markets, domestic travel can contribute highly to your performance. The same applies to Non-domestic travel. Strategic Plan. Rent and Utilities. Key Milestones.