Remove Presentation Remove Pricing Remove Special Events
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Hills Collide opens in Adelaide Hills

Hospitality Magazine

The event will celebrate Gruner Veltliner from both Australian and Austrian producers. Hills Collide will continue to produce its own products, including wine, vermouth and gin, ensuring good quality at affordable prices. The kitchen will prioritise high-quality, locally sourced produce from the Adelaide Hills and surrounding regions.

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MRM Research Roundup: Price Wars, Influencer Impact and No-Show Fees

Modern Restaurant Management

Another 25 percent said they were investing in special events and one-off promotions, and 24 percent said they were prioritizing takeout and delivery operations. As a result, they are making hard decisions to adjust prices and make menu changes. Thirty-seven percent said they’re expanding catering operations.

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Decoding Hotel Demand: Mastering Hotel Seasonality for Profit

Revenue Hub

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. Leverage Local Events : If any local events are happening, hotels can offer special packages tied to these events.

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What is a prix fixe menu? An A to Z guide for restaurateurs

OpenTable

Prix fixe, a French term for “fixed price,” is a menu offering a complete meal at a set rate. The chef takes full control of the menu, presenting predetermined courses. Some restaurants provide a middle ground, allowing limited customization within a set price.

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Five myths about revenue management debunked

Hotel Business

Whether business is busy or slow, it is critical to define your inventory correctly, update your systems accordingly and ensure their descriptions are clearly presented to customers on all channels. There will likely be a special event or sudden period of high demand, so always look for those opportunities.

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Understanding Your Guest Profitability

Revenue Hub

Big Data’s Role in Mitigating the Hotel Industry’s Top Three Risks The first and biggest risk is opportunity cost, or leaving money on the table by not accurately pricing inventory – and that can be in either direction. Another risk is conflating channel complexity with pricing complexity.

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How is the cost of living crisis impacting travel trends?

Hotel Owner

What I hope to do is focus on the opportunities presented to us in adversity. Think about what attracts people to your area – is it a theme park, special event, scenery, or a pastime, such as walking, cycling or fishing? I didn’t sit down to write this to drive you into deeper despair or tell you things you already know.