May, 2022

article thumbnail

Managing Inventory with Quality Data and Automation

Modern Restaurant Management

Accurate inventory management is crucial to running a successful business because it directly impacts a company’s bottom line and is key to maximizing profits. Having an accurate handle on inventory enables a business to become more resilient and know what they can sell and when they can sell it, helping mitigate out-of-stock scenarios. At one point, inventory management was a meticulous, lengthy and manual process for the Independent Purchasing Cooperative (IPC), an independent member-own

article thumbnail

Hotel Self Check-in Kiosk: Knowing The Pros & Cons

Soft Inn

As we live in the world of 2022, there is no doubt that technology has made our lives more convenient by changing the way we do many things. It does change how many businesses operate nowadays, the hotels have no exception to it. Looking at the hotel industry perception, the way guests check in to the hotel has changed as well. There is a surge that hoteliers finding a reasonable contactless service technology ever since the Covid-19 pandemic took place.

130
130
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Build (and Maintain) Epic Restaurant Culture

7 Shifts

The restaurant industry has long been associated with long hours, hot-headed chefs, and an intense working environment that only the most passionate could handle. But that's been slowly changing over the past few years. Even before the pandemic hit, there's been a growing feeling that the restaurant industry has to do better when it comes to employee experience.

article thumbnail

The 38 Essential Vancouver Restaurants

EATER

Sandwiches at BreadxButter. | Bread x Butter Cafe. From laksa-marinated wings at an ’80s-inspired Singaporean kopitiam to sustainable fish and chips from a marine biologist, here’s where to eat in Canada’s thriving food hub Ringed by soaring mountains, with gleaming glass skyscrapers reflected in the still waters that surround its downtown core, Vancouver is easy to love.

Events 136
article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

article thumbnail

Hospitality Industry: All your questions answered

EHL Insights

What is the Hospitality Industry? The hospitality industry is a large subsection within the service industry and is comprised of four main areas : Food & beverage, travel & tourism, lodging, and recreation. As examples, the F&B category includes restaurants, bars and food trucks; travel & tourism covers different forms of transportation and travel agencies; lodging varies from hotel resorts to hostels; recreation refers to leisure activities such as sports, wellness and entertain

More Trending

article thumbnail

How Restaurants Can Drive Profits and Growth During a Perfect Storm

Modern Restaurant Management

Soaring prices, continued supply chain disruptions, and ongoing staffing shortages are creating a perfect storm for restaurants. Food and labor costs are elevated and expected to remain high in 2022 , negatively impacting restaurants’ profit margins. Additionally, supply chain disruptions remain a huge problem, with 96 percent of restaurant operators saying they experienced supply delays or shortages last year.

Training 218
article thumbnail

Top Social Media Marketing Trends in 2022

Social Hospitality

Whether you’re a large, multi-national company or a small indie creator, social networks provide the perfect opportunity to promote your brand. People spend the majority of their time on these platforms, so it makes sense to establish a solid presence there. However, social media changes constantly. For your advertising to be effective, learn about current social media trends to ensure you’re optimizing your content effectively. 1.

article thumbnail

[Guide] Conquer Swing Shift Scheduling for Restaurants

7 Shifts

The 9 to 5 workday is common in many industries—but not in restaurants. The hospitality industry calls for early mornings and late nights, which means a normal scheduling approach doesn't exactly fit in a restaurant. If your restaurant is open 24/7 or needs workers outside its normal hours of service, your business might benefit from a swing shift schedule , which ensures you have the right amount of coverage at the right times.

article thumbnail

The Best Vegan Cheeses for Melting, Sprinkling, and Snacking

EATER

Nicole Miles. From perfectly melty shreds to briny feta, these vegan cheeses rise to the top In the last couple of years, perhaps no aisle in the grocery store has seen more innovation than the dairy-free cheese aisle. As more and more people eschew dairy for health or ethical reasons, a slew of new products have hit the market after decades of dairy-free cheese enthusiasts being forced to stick to only a few options (looking at you, Daiya) that just weren’t as satisfying as the real thing.

Marketing 135
article thumbnail

Food & Beverage Industry Report 2024

Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.

article thumbnail

CSR adoption in independent hotels: The drivers and barriers

EHL Insights

A focus piece that resumes the challenges of independent hotels in their CSR journey. In a recent study of 14 independent hotels in France and Switzerland, we focused on two questions: What are the key drivers that push smaller independent hotels towards CSR adoption? And, conversely, what are the main barriers they need to overcome?

94
article thumbnail

The 5 Customer Benefits of Introducing a POS System

Restaurant Engine

Thinking about a POS system? Your customers will thank you. As a restaurant owner or manager, you know how important the overall consumer experience is to the success of your restaurant. What your customers experience with your restaurant is as important as the food they eat. For example, if they have a positive experience, they’re likely to return and tell their friends and family about your wonderful restaurant.

article thumbnail

Why Recipe Writing is Pivotal for Professional Kitchens

Modern Restaurant Management

If you want to make money selling food, you need good recipes. A professional kitchen’s main responsibility is to turn out a consistent, quality product so whether you’re working in a restaurant, a manufacturing facility or any other food preparation business, if you can’t turn out a quality, consistent product, you are unlikely to have a successful business.

Document 215
article thumbnail

ALERTS: New deals, products, partnerships and hires in digital travel

PhocusWire

The backbone of the travel, tourism and hospitality industry is powered by technology and digital services. Here we capture new deals and partnerships, product launches and important hires all in one place.

article thumbnail

Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

article thumbnail

[Podcast] The state of the QSR and FSR industries with Danny Klein, Editor at Food News Media

7 Shifts

Episode Summary. As editor at Food News Media , Danny Klein has a 30,000-foot view of everything that's going on in our industry. So from curbside pickup to QR codes, to the labor shortage to loyalty, Danny has a ton of thoughts to share. It's an episode that's just packed with breakdowns, some hot takes, and knowledge bombs that you can take back to your teams.

article thumbnail

How to Be Food Famous

EATER

Champagne wishes, caviar dreams, and a really good ring light The paths to becoming food famous used to be fairly limited: First, you needed to cook really well, or at least know what good cooking was and have a particularly fine way with words. You could get there by creating an amazing cookbook , or writing a New Yorker essay that would inspire a memoir , which in turn would spawn a genre-defining travel series.

130
130
article thumbnail

Swiss tourism amid dueling crises: A look behind the numbers

EHL Insights

During the Covid crisis, many hospitality players suffered, some weathered the storm and a few even thrived. As the pandemic finally recedes and another threat surges to the forefront, we take a look back at how hospitality has been reshaped by recent events in Switzerland. Two specialists from the EHL Hospitality Business School delve into the statistics before and during Covid, and draw some surprising conclusions.

Events 59
article thumbnail

Great Restaurant Marketing Expectations

Service that Sells

You should avoid promising in your restaurant marketing materials what your operation can’t deliver consistently. It’s impossible to create guest loyalty if you’re in the habit of building up expectations only to pull the rug out from under guests once you get them in the door. The marketing expectations you create through your promotional materials will be the baseline of what guests demand when they walk into your restaurant.

article thumbnail

Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

article thumbnail

Emerging Trends in Restaurant Benefits

Modern Restaurant Management

For restaurants, the health care expenditure will increase, and it’s not just the cost of health care. With winter behind us and summer approaching, it is time to begin planning for the 2023 benefits plan year. ‘Tis the season for plan review, benchmarking and forecasting. The key to success in this process is viewing the trends and national data through the prism of a restaurant operator.

Concierge 212
article thumbnail

Amadeus pockets highest revenue quarter in two years

PhocusWire

The Spain-based distribution and technology giant is still suffering from the impact of the coronavirus, with the quarter's revenue pegging at 65% of the same metric in Q1 2019.

52
article thumbnail

¿Por qué necesitas formación del restaurante para tener un negocio de restauración de exito?

The Restaurant Times

Hay muchas cosas que influyen en el éxito de un restaurante, y un personal debidamente capacitado es el primer combustible que mantiene un restaurante en funcionamiento y con éxito. Cada empleado es tan bueno como la formación que recibe. Formación de restaurante simplemente no implica formación en el trabajo. los nuevos empleados necesitan recibir orientación de tu restaurante, tus expectativas sobre ellos, en qué consiste su trabajo, como hacer el trabajo, y con que se les juzgará al momento d

52
article thumbnail

For Restaurant Owners, Instagram Hacks Create Major Headaches

EATER

Isabela Humphrey. Businesses are more reliant on Instagram than ever — which means more pain when they get locked out One day in March, the pastry chef Bronwen Wyatt was posting a picture of one of her signature squiggle-decorated cakes on Instagram when she was suddenly logged out of her account. When she tried to log back in, an error message appeared, so she clicked a button to request support.

article thumbnail

Business Automation in Hospitality: A New World

Dive into the transformative potential of business automation within the hospitality sector. This comprehensive overview showcases how innovative technologies can streamline operations, reduce costs, and elevate guest satisfaction. Discover the advantages of integrating systems like automated check-ins, CRM, and energy management to not only save on expenses but also to provide a seamless and personalized guest experience.

article thumbnail

Top Hospitality Industry Trends in 2022

Xotels

The hospitality industry has undergone a seismic transformation since 2020. This period of change is set to continue through 2022 and 2023, with shifts in demographics and technology, and the post-pandemic transition to a new normal all playing decisive roles. As a hotel management company with clients around the world, we have seen these trends in the tourism and hospitality industry take shape and evolve.

article thumbnail

Webinar On-Demand – How to work towards Total Profit Management

SiteMinder

Hotel Revenue Management has evolved over the years, giving hoteliers new strategies to improve their pricing and optimize the profitability of their businesses. The AI and its modern algorithms are able to accurately predict demand and recommend sales strategies that yield the highest possible revenue. Nowadays, hoteliers need to be creative and implement new strategies to retain guests and optimize revenues.

Pricing 52
article thumbnail

How ‘Phygital’ Marketing Improves Customer Engagement for Restaurants

Modern Restaurant Management

One of the most impactful ways to target your audience is through location-based marketing. Nine out of 10 people who own a smartphone use it for information regarding their location, which allows vendors to access relevant and timely data in a nonintrusive way. Customer engagement is guaranteed to increase as customers interact with your restaurant through a dedicated mobile app or QR code system.

Marketing 212
article thumbnail

Conversion rates up, abandoned carts down as travel recovers

PhocusWire

Terms such as "revenge travel" and "pent-up demand" are being thrown about as the travel industry recovers. Research from Quantum Metric builds out a picture of what's going on.

52
article thumbnail

Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.