Modern Restaurant Management

OCTOBER 14, 2024

In the modern dining landscape, where convenience and customer experience are paramount, restaurants increasingly rely on electronic payment systems to facilitate transactions. For restaurants, especially those operating on thin margins, these fees can influence pricing strategies, profitability, and even operational decisions.

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Pricing Marketing 128

Hospitality Magazine

MARCH 19, 2025

Its the foundational element in classic cocktails including the Moscow Mule and the Ginger Rogers, but it comes at a price, often fetching close to $30 per kilogram depending on the time of year. Making the syrup is costly due to the price of fresh ginger but is ultimately non-negotiable.

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Modern Restaurant Management

AUGUST 22, 2024

With guests searching for value, how can local restaurants compete and thrive in such a competitive market and build trust withconsumers who are more cautious about price and safety than ever? "Value "People tend to go to fast-food restaurants for the speed and lower price point.

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Modern Restaurant Management

APRIL 14, 2025

-based diners who recently ordered from a QSR, fast-food or fast-casual chai also found that value is about more than just price. This is a clear signal that today’s diners are more willing to switch brands in search of better value – but that shift isn’t driven by price alone.

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Pricing Guest Satisfaction Budgeting Definition 132

Modern Restaurant Management

DECEMBER 18, 2024

This culinary evolution is rooted in immigrants from Japan, China, Korea, the Philippines, and Portugal – then later America during World War II, who each made significant contributions to Hawaii’s flavor landscape. The franchise model remains one of the best business structures in today’s restaurant landscape.

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Revenue Hub

MARCH 12, 2025

As we settle into 2025, independent hotels and small hotel groups face a rapidly evolving pricing landscape. Here are five pricing trends to watch along with strategies to help you stay on top of the opportunities and ahead of your competitors. But inflation hasnt just impacted travelers its hit hotels too.

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Pricing Article Book Budgeting 57

Modern Restaurant Management

JULY 16, 2024

How could the growth of the private credit market be beneficial for the F&B landscape? Tipping culture has also dramatically changed over the past few years, which will undoubtedly have an impact on labor retention rates (and on the prices consumers are willing to pay for products and services).

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Pricing Presentation Marketing Magazine 110

Hotelogix

JUNE 10, 2024

We have witnessed firsthand the evolving landscape of hotel revenue management. In this context, hotel dynamic pricing is one of the most critical elements. What is dynamic pricing in hotels?  It enables you to stay competitive by adjusting rates in response to market fluctuations and competitive pricing strategies.

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Revenue Hub

APRIL 11, 2025

As the digital landscape continues to evolve, how can hotels build on this progress, continue growing their direct business, and create even more meaningful guest experiences? They became the go-to platforms for guests because they provided an easy way to compare prices and find the best deals. Keep reading this article to find out.

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Book Pricing Article Reservations 101

STAAH

JANUARY 14, 2025

The hospitality landscape continues to evolve rapidly, and staying ahead of the curve is no longer an option its a necessity. Today, travelers turn to Google as their first step in researching destinations, comparing prices, and checking reviews. Use STAAHs integration to ensure: Room availability and pricing are always accurate.

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Hotelogix

APRIL 16, 2025

The Shifting Landscape of Indian Hospitality in 2025 The Indian hotel industry is experiencing unprecedented growth, with more than 100,000 new rooms expected to be added by 2029, surpassing the 300,000-room mark. Are you ready to transform your hotel operations and stay ahead in this competitive marketplace?

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Hotelogix

APRIL 24, 2025

In a competitive hospitality landscape where efficiency is just as important as warmth, a modern Property Management System (PMS) can make all the difference. Without a centralized system, managing these channels manually increases the risk of double bookings, inconsistent pricing, or even lost reservations.

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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. Here are the three trends that will shape the QSR landscape in 2025 and beyond: 1.

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Revenue Hub

APRIL 14, 2025

In an increasingly competitive hospitality landscape, simply having a great property is no longer enough to drive bookings. Strategy: Adjust pricing and availability in anticipation of events Promote early booking discounts Offer add-ons like early check-in or late checkout during peak days 5.

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Hospitality Magazine

FEBRUARY 5, 2025

While Van Bone has been a huge loss to the local dining landscape, Laura Ducken and Tim Hardy have “handed over the baton” so to speak, and along with it, introductions to local suppliers and their own business tips to ease the transition.

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Reservations Training Pricing Magazine 130

Hotelogix

NOVEMBER 28, 2024

The secret often lies in their ability to master market segmentation - a strategy that's becoming increasingly crucial in today's diverse hospitality landscape.  Business travelers often book last minute and value convenience over price, while leisure travelers book ahead and are more price-sensitive.

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Revenue Hub

JANUARY 21, 2025

Enhances strategic decisions: Provides clarity on pricing, cost management, and resource allocation. Type and class: Star rating, pricing strategy, and operational focus. Market conditions, renovations, and rebranding efforts continuously reshape the competitive landscape. Offerings: F&B options, amenities, and facilities.

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Pricing Article Catering Marketing 109

Hospitality Magazine

FEBRUARY 26, 2025

Sydney has welcomed a new pasta bar to the dining landscape run by brother and sister duo Ben and Emily Calabro. The chefs have put together a menu of share dishes inspired by traditional Italian plates, with all pasta options priced under $30. We wanted to capture the spirit of the Amalfi Coast and bring that to Pyrmont, says Ben.

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Pricing Magazine 130

Revenue Hub

MAY 7, 2024

Perfect competition is a term used in economics to describe a market structure where many buyers and sellers interact without any restrictions, and prices reflect the actual supply and demand dynamics. The industry is characterized by its diverse pricing and services and the advanced technological tools used to set those prices.

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STAAH

JANUARY 12, 2025

Established in 1990, The Samilton Hotel revolutionized Kolkata’s hospitality landscape by offering a pioneering concept: a fully air-conditioned, three-star boutique hotel. This led to the team having to frequently make manual updates to prices across online travel agents (OTAs) to avoid issues with these key partners.

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Book Pricing Marketing 109

Larry Mogelonsky

APRIL 14, 2025

Pause for a moment and take in the broader landscape of the hospitality industry. Yes, these enhancements come with a price another per-room software fee and onboarding efforts but the savings from better labor allocation make the return on investment highly compelling. This same principle applies to guest acquisition costs.

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Housekeeping Procurement Scheduling Training 130

Revenue Hub

SEPTEMBER 18, 2024

One of the most pervasive myths is the belief that offering low prices will automatically lead to high occupancy rates. In fact, setting prices too low can have several detrimental effects on a hotel’s revenue, profitability, and overall brand perception.

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Revenue Hub

OCTOBER 22, 2024

The hospitality landscape in 2024 is a study in contrasts. As we look toward 2025, global pricing trends reveal a resilient industry, but one marked by stark regional differences. Latin America leads the charge Latin America has emerged as the star performer in hotel pricing recovery. With a remarkable 12.2%

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Pricing Presentation Article Marketing 106

Revenue Hub

DECEMBER 19, 2024

Dynamic pricing tools use algorithms to recommend the ideal rates and the right time. NB: This is an article from Lighthouse Subscribe to our weekly newsletter and stay up to date Price optimization works by collecting and analyzing data from sources like competitor rates, seasonal trends and external events.

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Pricing Book Article Budgeting 97

STAAH

JULY 23, 2024

In the ever-evolving landscape of the hotel industry, finding the right pricing strategy can significantly impact your business’s success. One approach that has gained traction among savvy hotel owners and managers is dynamic pricing. But what exactly is dynamic pricing?

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Revenue Hub

JANUARY 17, 2024

Despite the challenges, the pendulum of recovery and innovation is swinging, presenting opportunities for the hospitality industry in Spain to not only bounce back but to thrive in a post-pandemic landscape. This growth, due to multiple factors, currently leaves us in a situation of uncertainty: Will the price continue to grow rapidly?

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Pricing Travel and Tourism Article Presentation 109

Hotelogix

APRIL 11, 2025

In today’s rapidly evolving hospitality landscape, choosing the right Point of Sale (POS) system is more crucial than ever for hotels. Why a POS System Is Essential in Today’s Hotel Landscape Running a hotel in 2024 involves much more than just managing rooms and housekeeping. billion by 2028 , growing at a CAGR of 8.1%

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Larry Mogelonsky

MARCH 24, 2025

Priced at $750USD for 2.5 This propertys Thermal Body Mapping and Massage uses sensors to detect sources of bodily tension for the therapist to then interpret during the treatment and enhance the patients physical recovery.

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Guest Satisfaction Information Presentation Pricing 130

STAAH

APRIL 20, 2025

Located in the heart of Jakartas business district, Mangkuluhur Residences by LORIN offers a haven of tranquillity amidst the dynamic urban landscape of the Indonesian capital. After a demo, its comprehensive and user-friendly solutions for managing online distribution and pricing stood out for them. Till STAAH came along.

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Revenue Hub

APRIL 8, 2024

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date We need hoteliers to embrace innovative strategies that resonate with modern travelers, setting a new standard for hospitality excellence beyond competitive pricing.

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Pricing Guest Satisfaction Article Budgeting 101

Revenue Hub

OCTOBER 30, 2024

Welcome to the “rate wars,” where hoteliers engage in a constant game of pricing cat and mouse. From fancy software tools that track every rate change in real-time to secret phone calls under the guise of a corporate booker, hoteliers have mastered the art of “price espionage.”

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Modern Restaurant Management

MARCH 24, 2025

Many of the restaurant brands on the list, like Dave’s Hot Chicken and Cava, are thriving by offering high-quality, and on-trend food at accessible prices. The fact that value is a top search criteria reflects the broader economic landscape. Why is breakfast booming, and will you anticipate that being affected by egg prices?

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Pricing Budgeting Magazine Marketing 88

Revenue Hub

NOVEMBER 18, 2024

In today’s highly competitive hospitality landscape, understanding the digital customer journey is crucial for hotels looking to optimise their online presence and increase direct bookings. Consideration: They explore your website, reading about amenities, checking reviews, and comparing prices.

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Book Reservations Article Accounting 109

7 Shifts

NOVEMBER 24, 2024

Aside from improving restaurant customer experience , market research also helps you make informed decisions about location, pricing, and marketing strategies. You can identify potential gaps in the local dining landscape and create unique value propositions. Food costs are another macro-economic indicator to consider. With the 4.5%

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STAAH

NOVEMBER 3, 2024

In operations since 2015, Acappella Suite Hotel stands amidst the dynamic landscape of Selangor, Malaysia. Dynamically driven pricing, use of promo codes and stop-sell limits are among the many revenue optimisation features in STAAH. The Malaysian hotel saw a 125% increase in direct bookings in six months since moving to STAAH.

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Revenue Hub

DECEMBER 6, 2024

When asked why behind their preference for online booking, most travelers cite speed, easy price comparisons, and lower prices as the leading motivations. Distribution Technology Providers, in particular, play a crucial role in shaping the hotel booking journey for guests in this new, digitally transformed landscape.

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Book Travel and Tourism Pricing Information 109

Boutique Hotel News

MARCH 14, 2023

This represents a premium of around 52 per cent on the volume-weighted average price (VWAP) in the three-month period leading to the end of January. The newly digitised events landscape, coupled with Cvent’s strong existing customer base and commitment to innovation, has provided a new growth vector in a post-Covid world.

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