Modern Restaurant Management

MAY 13, 2020

It may be tempting to purchase a smaller mixer at a lower upfront price, but that can lead to problems. Cleanliness and Maintenance. It may seem obvious, but proper maintenance and cleaning of your mixer is key to optimal performance, as well as avoiding sanitation issues that could cause food-borne illnesses. Mixer Capacity.

Maintenance 212

Maintenance Sanitation Training Scheduling 212

Modern Restaurant Management

NOVEMBER 9, 2023

The high upfront costs, ongoing maintenance expenses, and potential equipment obsolescence can quickly eat into your budget. Avoiding Maintenance and Repair Expenses Another significant financial burden associated with owning commercial ice and refrigeration equipment is the ongoing maintenance and repair costs.

Maintenance 197

Maintenance Budgeting Training Pricing 197

Hotel Owner

NOVEMBER 18, 2024

A New Revenue Stream for Hotels Installing EV charging stations offers a relatively low-maintenance, passive revenue stream that can drive profits with minimal ongoing effort. By partnering with a Charge Point Operator (CPO), a hotel can set tariffs tailored to its electricity costs, which means every charge generates a direct margin.

Guest Satisfaction 119

Guest Satisfaction Maintenance Book Marketing 119

Modern Restaurant Management

OCTOBER 17, 2024

It is consequentially more difficult for restaurant owners and operators to obtain comprehensive coverage at a fair price – let alone find policies with the specific coverages they need. Sharp utensils can cause cuts and scrapes leading to workers’ compensation claims. And the list goes on.

Training 167

Training Events Maintenance Document 167

Revenue Hub

JUNE 27, 2023

When hotels implement dynamic pricing, they are constantly adjusting their room rates based on mathematical algorithms aimed to increase occupancy based on area demand. The success or failure of price optimisation often depends on how the strategy is specifically implemented at an individual property. 2. Offer competitive rates.

Pricing 98

Pricing Book Special Events Maintenance 98

Revenue Hub

JULY 26, 2023

NB: This is an article from Global Asset Solutions Unlike other products that can be stored and sold later, the prices of hotel room nights often fluctuate based on supply and demand, with prices typically rising during peak seasons or when major events are happening and falling during slower periods.

Pricing 98

Pricing Book Marketing Article 98

Hospitality Magazine

APRIL 17, 2024

Smart inventory and order management It’s tied to the POS for sales information and should be connected to your suppliers, who keep you informed on what’s out of stock snd price movements. They monitor kitchen equipment, optimise energy use, and predict maintenance needs. Less waste and less stock holding.

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Maintenance Information Communication Presentation 264

Modern Restaurant Management

JUNE 1, 2022

How value engineering can be a restaurant construction solution in the face of rising prices and unpredictable supply chains. As the prices of construction materials skyrocket due to rising inflation and supply chain woes, budgeting for commercial development has become significantly more challenging.

Budgeting 208

Budgeting Maintenance Pricing Back of House 208

Hotelogix

MARCH 6, 2025

AI-powered maintenance systems for proactive issue resolution. Sensors throughout the hotel could detect issues like leaky faucets or malfunctioning air conditioners before they become noticeable to guests, dispatching maintenance crews or robots to fix the problem preemptively.

Concierge 130

Concierge Maintenance Book Demo 130

Modern Restaurant Management

SEPTEMBER 9, 2022

Rising Overhead Costs Are Hiking up Prices. Inflation drives price increases for raw materials and labor costs, which are some of a restaurant's most significant expenses. The steady increase in cost is forcing restaurants to raise their prices because they’re spending more on materials.

Pricing 189

Pricing Maintenance Events Accounting 189

InnQuest

JUNE 8, 2023

Hotels can now use machine learning to analyze data to anticipate guest needs, optimize pricing and improve operations. Smart algorithms can also detect anomalies, predict maintenance needs and alert users in advance, reducing downtime and improving device longevity. weather, events) and market trends to predict future booking demands.

Maintenance 135

Maintenance Pricing Guest Satisfaction Marketing 135

Hotelogix

JANUARY 19, 2025

Legacy vs. Cloud-Based PMS Legacy PMS Legacy PMS relies on on-premise servers and requires significant maintenance. Cloud-based PMS eliminates the need for on-premise servers and expensive IT maintenance, making it an affordable solution for hotels of all sizes.

Housekeeping 100

Housekeeping Front Desk Operations Guest Satisfaction Property Management 100

Modern Restaurant Management

JULY 22, 2024

The cost of powering up restaurants’ air conditioning enterprise-wide—on top of inflation, the high price of staples like meat, and staff salaries—can dilute their financial strength at a time of significant growth. Bureau of Labor Statistics’ Consumer Price Index Summary, the electricity index went up 5.9

Pricing 197

Pricing Facility Management Maintenance Budgeting 197

Modern Restaurant Management

JUNE 21, 2023

When introducing new menu items to a menu category, they must be priced at the average profit from that menu category + the recipe cost of goods sold (COGS), and then rounded off to the next half dollar. Round up to the next half dollar and the menu price should be set at $12.50 to ensure you haven’t compromised profitability.

Maintenance 180

Maintenance POS Systems Pricing Presentation 180

Modern Restaurant Management

OCTOBER 13, 2021

One desirable option is to leverage low-power IoT solutions to deliver energy and maintenance efficiencies and reduce operational expenses. Restaurateurs, however, have options to mitigate these challenges with technological innovation. Low-power IoT solutions are affordable, secure, and reliable.

Maintenance 245

Maintenance Pricing 245

SiteMinder

OCTOBER 10, 2023

What is cost based pricing? Cost-based pricing is a pricing method where the selling price of a product or service is determined by adding a markup to the unit cost or, in the case of hotels, the cost of keeping a room available and maintained for use. Table of contents Why do hotels use a cost-based pricing strategy?

Pricing 59

Pricing Maintenance Marketing Communication 59

Hotelogix

FEBRUARY 4, 2024

Maintenance requests: If a guest reports a maintenance issue, you can create a maintenance request, assign it to a staff member, and track its progress. You can update prices, add new items, and manage inventory. You'll always know which rooms are ready for guests.

Housekeeping 147

Housekeeping Maintenance Reservations Accounting 147

Hotel Owner

MARCH 3, 2025

From fast 22kW AC chargers to ultra-rapid DC charging options, RAWs offerings deliver reliability, ease of use, sustainability, and there is no cost to the hotel – from installation to maintenance, this is all taken care of. Jason Simpson, CEO of RAW Charging, explains: The new regulations are a game-changer for the hospitality sector.

Maintenance 52

Maintenance Guest Satisfaction Pricing 52

Modern Restaurant Management

DECEMBER 28, 2022

A small business bringing in $100,000 or less annually will feel the sting of a $6,000 price tag on a new commercial ice machine. Combined with at least another $1,000 in ice machine maintenance and repair fees every year, ice ends up consuming a significant chunk of the budget.

Maintenance 197

Maintenance Budgeting Reservations Back of House 197

Modern Restaurant Management

APRIL 2, 2021

It’s no surprise that many restaurant owners will try to cut corners with maintenance and repairs to conserve budget after a tough year, but finding the right contractor for the job will help you get the best repair for your budget. Choosing a contractor based solely on price.

Maintenance 139

Maintenance Budgeting Pricing Information 139

Revenue Hub

SEPTEMBER 4, 2023

Hotel operations technology focuses on optimizing efficiency and reducing costs, while revenue managers concentrate on pricing strategies and increasing revenue. Housekeeping and maintenance data can also be used with occupancy data to forecast and plan maintenance operations.

Housekeeping 107

Housekeeping Maintenance Pricing Information 107

Modern Restaurant Management

MARCH 3, 2020

It’s low maintenance and water-resistant. It is also durable and low-maintenance, making it a great choice for restaurant environments. It comes in a huge range of styles and price ranges and installation is a simple process. Tile is a popular choice for commercial spaces and for good reason.

Maintenance 215

Maintenance Budgeting Pricing 215

Modern Restaurant Management

JANUARY 25, 2022

Prices for raw products were consistent, and while there were fluctuations, it was nothing like today. At this restaurant, lack of cooler space required smaller, frequent, higher-priced food deliveries—and perishables were harder to store and find. In other words, go for the same effect, but at a much lower price.

Pricing 189

Pricing Information Maintenance Events 189

Hotelogix

JULY 11, 2024

From setting the right prices to attracting the right guests, every decision you make impacts your hotel's bottom line. Hotel revenue management involves strategically adjusting your hotel's pricing and availability to maximize revenue.   What is Revenue Management in Hotels?

Pricing 130

Pricing Download Book Budgeting 130

Hotelogix

JULY 5, 2024

It helps small hotels by managing their rooms, setting prices, and deciding rules like minimum stay.  Online booking software helps hotels track rooms, see how many guests want to stay, and change room prices to make most profits automatically. One dashboard makes it easy to set prices based on demand and available rooms.

Reservations 130

Reservations Guest Satisfaction Book Property Management 130

Hospitality Magazine

OCTOBER 4, 2023

It needs preventive maintenance well before summer including cleaning the condenser coils at the back of the fridge units every month, checking the door seals are in good shape, and re-gassing the motors. Air conditioning also needs care and maintenance: dirty filters reduce airflow and make the motors work harder.

Maintenance 130

Maintenance Communication Training Pricing 130

Hotel Business

JANUARY 15, 2025

Reecos platform allows users to purchase food and supplies based on live pricing from their preferred vendors; manage inventory through an AI-powered app; and generate real-time food cost insights by linking recipes to point-of-sale systems. We are excited to partner with them and support their growth.

Procurement 59

Procurement Back of House Accounting Vendor Management 59

Revenue Hub

JULY 24, 2023

The worst part is if hotels at the destination start a price war to attract more guests, the results will be lower revenue for all, and no additional guests will travel to the destination because the hotel rooms are cheap. There are more reasons to travel to the destination, and the guests are less price sensitive than before.

Maintenance 98

Maintenance Travel and Tourism Special Events Pricing 98

Hotelogix

SEPTEMBER 12, 2024

It offers greater control and customization but has higher setup and maintenance costs than cloud-based systems. Maintenance Management : Tracks service requests and schedules preventive maintenance. Revenue Management : Integrates with revenue management systems to forecast demand and adjust pricing strategies.

Property Management 130

Property Management Housekeeping Maintenance Server 130

Modern Restaurant Management

JUNE 29, 2023

In most cases, repairs, and maintenance can start at $300 an hour not including the price of parts, delivery, and installation. Preventative Maintenance Routine maintenance is important to keeping your equipment working at its peak performance. This can be budget friendly if your equipment is relatively new.

Maintenance 88

Maintenance Budgeting Pricing 88

Revenue Hub

OCTOBER 16, 2024

Failing to consider total cost of ownership: Long-term costs like maintenance and support are often underestimated, which can seriously erode your profitability. Craft a long-term budget that includes a buffer for unforeseen costs and future price rises.

Maintenance 109

Maintenance Property Management Article Budgeting 109

Hotelogix

AUGUST 27, 2024

Increase Bookings and Revenue: Being on more than one platform let’s hotels adjust prices and fill more rooms. Metasearch Engines- Metasearch engines compare prices and availability from various booking sites, helping travelers find the best deals. Integrating with a GDS can open up new markets and bring in more bookings.

Book 130

Book Pricing Maintenance Marketing 130

Lithos POS

DECEMBER 19, 2024

What are the setup and maintenance costs? Hidden fees and high maintenance costs can turn a seemingly affordable POS software into a costly burden for businesses. LithosPOS solves these problems with transparent pricing and affordable plans tailored to businesses of all sizes.

Maintenance 52

Maintenance Training Information Blog 52

Revenue Hub

JUNE 18, 2024

reservations, housekeeping, maintenance, etc.), A common concern for many hoteliers (especially Front Desk Managers) is that guests will be upset and feel “ripped off” if a hotel implements dynamic pricing. The guests’ ratings for price fairness went down by a small amount.

Guest Satisfaction 109

Guest Satisfaction Pricing Housekeeping Communication 109

Modern Restaurant Management

JUNE 23, 2020

There are many choices in OS and compute form factors, but one way restaurant operators can do this successfully –and lower the cost of deployment and maintenance for doing so – is by establishing a unified architecture; one engine under the hood that can be used for multiple form factors.

Back of House 227

Back of House Front of House Maintenance Catering 227

7 Shifts

AUGUST 2, 2024

This number is essential because it helps you determine the price of your food and beverages. TouchBistro stresses how the importance of this figure can help restaurant owners determine whether or not their food prices need to be adjusted. of times a specific item was sold x The item's price - (No.

Accounting 158

Accounting Bookkeeping Pricing Budgeting 158

Modern Restaurant Management

NOVEMBER 12, 2021

When it comes to equipment maintenance, procrastination is one of the biggest financial risks during these holidays. As prices rise, and supply chain delays continue, it’s especially important to stay on top of equipment issues now. They changed their procedures and throughput increased, along with customer satisfaction.

Facility Management 197

Facility Management Maintenance Catering Pricing 197