Hotel Owner

JUNE 29, 2023

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.

Special Events 105

Special Events Marketing Reservations Communication 105

SiteMinder

JULY 13, 2024

Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. Optimal strategies and techniques are dynamic, based on the understanding that hotel pricing is fluid and can change from one day to the next.

Pricing 98

Pricing Book Budgeting Marketing 98

Les Roches

NOVEMBER 18, 2022

It may be boring polishing wine glasses, but if guests are paying a premium price for dinner they are going to be upset to find a glass with stains. A move to Ritz-Carlton saw him work at the iconic Hotel Arts in Barcelona, before he joined the Hilton group in 2015, taking on his present role in January this year. “My

Special Events 98

Special Events Guest Services Presentation Pricing 98

Revenue Hub

OCTOBER 17, 2023

Where was the value for the price paid? I appreciate it is a tough time and the recovery post COVID-19 takes time, but prices continue to increase while service and value may not keep pace. Customer demand: guests who are willing to pay different prices. These data can include traffic counts, special events, airport access etc.

Pricing 109

Pricing Marketing Training Book 109

7 Shifts

MAY 23, 2024

We’ve studied what makes the 20% of restaurateurs successful and categorized them into essential categories, including optimizing your menu, providing unforgettable experiences, hosting events, and improving takeout. During this time, your customers scan the menu, go through the descriptions, and review the prices before deciding.

Pricing 78

Pricing Scheduling Events Marketing 78

Hotel Business

SEPTEMBER 15, 2023

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.

Special Events 64

Special Events Pricing Accounting Events 64

7 Shifts

DECEMBER 8, 2020

For your kitchen team, this could be a signature burger or sandwich special. Give your team a small budget for supplies or an ingredient allowance and have them present their dish or drink to the rest of the team for a tasting at your next staff meeting. For the front-of-house, a cocktail or coffee drink. Then, put it to a vote!

Front of House 148

Front of House Server Events Special Events 148

OpenTable

FEBRUARY 21, 2024

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.

Special Events 52

Special Events Pricing Events Reservations 52

SiteMinder

OCTOBER 5, 2023

However, while the platform provides a suite of tools designed to streamline operations, like reservation management, dynamic pricing, and integrated review systems, it’s essential for hoteliers to invest time in understanding and optimising these features. A particularly useful feature is the rate management tool.

Competitive Analysis 59

Competitive Analysis Book Information Property Management 59

Synergy Suite

OCTOBER 19, 2023

This metric provides insights into your restaurant’s pricing strategies, menu composition, and upselling techniques. This can help you assess the effectiveness of pricing strategies and upselling techniques. This information helps in fine-tuning menu composition and pricing strategies. Are there underperforming items?

Pricing 52

Pricing Training Information Presentation 52

Modern Restaurant Management

JUNE 3, 2021

percent) consumers say they would be encouraged to visit by special offers on drinks, and more than a quarter would be attracted by drink offers (32.7 percent), special events (31.6 These closures presented the surviving brands with the opportunity to acquire new guests. 2 percent say the price. Two in five (39.9

Download 189

Download Travel and Tourism Sanitation Events 189

Synergy Suite

MAY 24, 2024

Internal factors include historical sales data, past and present expenses related to ensuring that customers can order everything they hope to from the menu, trends in the popularity and pricing of menu items , profit margins, and more. How does price impact its popularity?

POS Systems 52

POS Systems Information Pricing Special Events 52

SiteMinder

OCTOBER 10, 2023

By analysing past and present data, hotel forecasting enables you to predict future outcomes and gives you the opportunity to correct past mistakes, maximise profit, and be prepared for disruptions or unforeseen events. What is hotel forecasting? This will allow you more clarity and flexibility when it comes to setting your rates.

Book 52

Book Pricing Reservations Accounting 52

Synergy Suite

DECEMBER 7, 2023

Revenue per seat represents the average income generated for each occupied seat within a specified timeframe, offering a nuanced perspective on customer spending patterns and the effectiveness of pricing strategies. It helps you identify trends, measure the impact of pricing changes, and assess the success of marketing initiatives.

POS Systems 52

POS Systems Pricing Training Reservations 52

Synergy Suite

OCTOBER 12, 2023

Analyze the gross profit margin to understand how efficiently you’re managing costs and pricing your menu items. Gross profit is a critical indicator of the core profitability of a restaurant’s menu items, reflecting how efficiently it manages costs and pricing.

Portion Control 52

Portion Control Pricing Accounting Procurement 52

SiteMinder

NOVEMBER 30, 2023

Stay on the cutting edge with SiteMinder Automated listing updates, tailored offers, in-depth competitor pricing insights and more, SiteMinder offers users the latest in hotel management technology. The disadvantages of travel technology Some technologies do present a double-edged sword to hoteliers who aren’t vigilant.

Guest Satisfaction 52

Guest Satisfaction Book Property Management Pricing 52

Les Roches

DECEMBER 30, 2023

Some key guest services prized by modern travelers include: Digital check-in and check-out: a streamlined check-in and check-out process using mobile apps and digital platforms that creates a fast, more convenient user experience Smart room technology : guests can control lighting, temperature and entertainment preferences through their smartphones (..)

Guest Services 95

Guest Services Concierge Definition Customer Service 95

7 Shifts

JUNE 16, 2024

You can give your customers 1 point for every $10 they spend at your restaurant (the price point depends on how much you're selling your food and beverages; just make sure to set an achievable price). Finally, your content should be presented from left to right and top to bottom. how your food would look on camera).

Marketing 78

Marketing Catering Events Reservations 78

SiteMinder

OCTOBER 20, 2022

As recently as 2016 STR measured the impact of Airbnb on hotels by impact on ADR during special events; for example, during the Boston Marathon hotel rates grew 5% year over year when unit supply on Airbnb had grown by 76%. Say hello to digital nomads or travellers who also work. How does Airbnb compare to the alternatives?

Book 52

Book Blog Pricing Special Events 52

Synergy Suite

OCTOBER 5, 2023

This could include renting out space or property to other businesses or for events, any sort of income generated from membership or loyalty programs, income generated from partnerships or joint promotions, or income from catering services that are above and beyond the price of just the food.

Catering 52

Catering Information Events Labor Cost Controls 52

eZee Absolute

MAY 29, 2024

Here’s a quick rundown of some common groups: Conferences & Meetings: Think business suits and presentations. These groups often require special event spaces, banquet halls, and on-site catering for the big day. Highlight Value Over Price : Focus on the value your hotel offers beyond just the room rate.

Events 52

Events Catering Book Budgeting 52

Synergy Suite

APRIL 11, 2023

Promoting special events, discounts, or new menu items through your website helps generate buzz and attract customers and retain loyal ones. Menu Presentation Your website should feature an up-to-date menu, showcasing your culinary offerings and enticing visitors to dine with you.

POS Systems 52

POS Systems Reservations Information Definition 52

Lithos POS

DECEMBER 19, 2023

Chefs are responsible for creating and designing the menu, managing kitchen operations, and ensuring the quality and presentation of dishes. Cleanliness and Presentation One of the main things you need to keep in mind when it comes to managing a fast food business is keeping cleanliness.

Front of House 52

Front of House Scheduling Communication Bookkeeping 52

Synergy Suite

NOVEMBER 2, 2023

Monitor overtime expenses and the use of additional labor resources during peak times or special events. By staying proactive with regular wage analysis, restaurants can make informed decisions about menu pricing adjustments and operational efficiencies to counterbalance the impact of rising labor costs.

Scheduling 52

Scheduling Training Information Cost Reduction 52

SiteMinder

AUGUST 29, 2023

Think about introducing occupancy sensitive cooling and heating systems that adapt to when people are present in the room. Host events and functions Similar to the last point, if you have the space to host special events you should do so.

Housekeeping 52

Housekeeping Book Guest Satisfaction Maintenance 52

Synergy Suite

JULY 20, 2024

This introduction tees up a comprehensive exploration of the double shift paradigm — from the allure of extended hours for some employees to the acute challenges they present regarding fatigue, work-life balance, and sustainability.

Bookkeeping 52

Bookkeeping Scheduling Accounting Information 52

Modern Restaurant Management

JUNE 19, 2020

” Features include: Ingredient Price Tracker — Monitor item price fluctuations to audit and avoid vendor discrepancies. Product Catalog — View and manage the details of all products the restaurant has purchased, including units of measurement, price, and quantity.

Sanitation 145

Sanitation Information Marketing Document 145