Revenue Hub

APRIL 24, 2025

Weve seen cases like: Teams overriding most system suggestions just to be cautious GMs removing length-of-stay rules without understanding their purpose Last-minute rate changes triggered by competitor price shifts All of this affects how your RMS learns.

Training 62

Training Article Information Events 62

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. Second, in the kitchen, training is a critical component of a safe workplace.

Training 167

Training Events Document Maintenance 167

Modern Restaurant Management

NOVEMBER 20, 2024

To make progress in both areas in 2025, managers should focus on offering more in-depth training and elevating the employee experience. Even so, some restaurants are piloting alternative compensation models, like service charges or higher menu prices, to see if such models offset the elimination of tips and create more wage equity.

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Scheduling Training Marketing Information 189

Larry Mogelonsky

APRIL 14, 2025

Many of these innovations may already be available and simply require your initiative, investment and staff training for implementation. Its also important to acknowledge that unlocking these savings may require some upfront spending whether its capex for implementation, additional opex, or the time needed for training and adaptation.

Housekeeping 130

Housekeeping Procurement Scheduling Training 130

Hotelogix

NOVEMBER 28, 2024

Letting AI Handle the Boring Stuff Behind every great guest experience is a ton of behind-the-scenes work room assignments, housekeeping schedules, pricing updates, you name it. AI can predict which rooms need cleaning first, suggest price adjustments based on demand, and even help manage your restaurant’s inventory.

Housekeeping 147

Housekeeping Budgeting Demo Pricing 147

Modern Restaurant Management

JANUARY 20, 2025

These chefs might know how to source the finest ingredients, but no one’s taught them how to negotiate the price of those ingredients or keep suppliers from quietly eating away at their profits. It’s like training a pilot to fly but not teaching them how to fuel the plane or maintain it. Be wary of common tactics.

Pricing 167

Pricing Vendor Management Accounting Training 167

STAAH

JANUARY 14, 2025

Today, travelers turn to Google as their first step in researching destinations, comparing prices, and checking reviews. Features like Hotels Nearby and rich search results give Google users immediate access to your propertys room availability, pricing, and reviewsputting you front and center for eager bookers.

Pricing 109

Pricing Book Information Training 109

Revenue Hub

APRIL 24, 2025

It works the other way, too: a poor rating limits your pricing power and can force you into a race to the bottom just to fill rooms. Undermine staff morale, especially when the feedback points to service issues that could have been avoided with better training or support. That single 2-star review?

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Training Book Article Customer Service 97

Hotelogix

JUNE 10, 2024

In this context, hotel dynamic pricing is one of the most critical elements. What is dynamic pricing in hotels?  Dynamic pricing strategy in hotels allows hoteliers to optimize revenue by ensuring room rates accurately reflect market conditions and consumer behavior.

Pricing 130

Pricing Demo Communication Training 130

Modern Restaurant Management

JANUARY 8, 2025

Misconception 4: Sustainable Oils Are Always More Expensive Why It’s Made : Operators often equate sustainability with higher costs, influenced by the initial price tags of some sustainable products. How should operators be training their staff?

Training 169

Training Maintenance Pricing Magazine 169

Hotelogix

NOVEMBER 7, 2024

This blog outlines simple, actionable strategies that hotels of all sizes can use to grow their business, from direct bookings to pricing strategies and everything in between. Promote a Best Rate Guarantee: Ensure guests know they'll get the best price when booking directly. For example, "Book now for 20% off on your stay!"

Pricing 130

Pricing Book Events Demo 130

Hospitality Magazine

JANUARY 15, 2025

Prices are up across the board wages, energy, you name it. Kiet Diep, director, Yum Sing House Always have a clear business plan covering goals, marketing strategies, financials, hiring processes, training manuals, and standard operating procedures. Oliver Brown, CEO, Big Easy Group Time to get ruthless with your numbers!

Marketing 257

Marketing Pricing Communication Training 257

Revenue Hub

NOVEMBER 7, 2024

In Series 2, we looked at Dynamic Pricing; how this can immediately impact your ADR along with the considerations you need to make before implementing this strategy. Whilst revenue gains can of course be made by channel shift or dynamic pricing strategies, you can also make an immediate impact by simply reviewing your product offering.

Pricing 109

Pricing Blog Article Training 109

Hotelogix

DECEMBER 19, 2024

Here's why hotel business intelligence is key: Smarter Choices: Accurate data helps you choose about prices, ads, and other aspects. Revenue Management Figuring out room prices can be tough. Hotel business intelligence helps you set the right price for each room. Teaching and Setup: Full training for your staff.

Maintenance 100

Maintenance Training Information Pricing 100

Revenue Hub

JANUARY 10, 2025

In contrast, generative AI creates new data, content, and solutions inspired by its training material, offering a much broader and more creative range of applications. Unlike traditional methods that rely on static pricing models and siloed data, gen AI introduces a dynamic and highly adaptable approach to decision-making.

Pricing 109

Pricing Guest Satisfaction Book Marketing 109

Revenue Hub

JANUARY 24, 2025

Its about understanding that a hotel room isnt a static product with a fixed price tag. Its a dynamic asset that canand shouldfluctuate in price based on a whole slew of factors. Its about selling the right room to the right guest at the right time for the right price. Segment your market and tailor your pricing to each segment.

Pricing 108

Pricing Article Marketing Events 108

LimeTray

FEBRUARY 9, 2025

The article below explores key features of restaurant POS systems, comparing top options like ere4u and LimeTray, along with their pricing factors. This enables you to make informed decisions on the fly, such as adjusting your menu, changing prices, or maximizing staffing levels.

Pricing 52

Pricing POS Systems Server Scheduling 52

Hotelogix

NOVEMBER 28, 2024

Read more on Best Online Travel Agencies   for your Hotel User-Friendly DesignHoteliers and staff shouldn’t need weeks of training. Follow these practices to make the most of your system: Keep Rates Competitive - Adjust prices frequently based on demand, market trends, and competitor rates.

Book 130

Book Property Management Reservations Pricing 130

Revenue Hub

NOVEMBER 20, 2024

A common myth in hotel revenue management is the belief that increasing prices during periods of high demand is a form of exploitation. Understanding Demand-Based Pricing in Hotels To start, let’s clarify what demand-based pricing means. Hotel demand fluctuates widely based on seasonality, local events, and economic conditions.

Pricing 109

Pricing Article Book Training 109

Revenue Hub

JULY 31, 2024

The ongoing manual calculations and pricing updates across all your distribution channels are huge headaches to most hoteliers, especially if pricing isn’t your only responsibility at your property. How can you use data to improve your pricing strategy? Do they have shared price sensitivities?

Pricing 109

Pricing Book Marketing Article 109

Hotelogix

APRIL 24, 2025

Without a centralized system, managing these channels manually increases the risk of double bookings, inconsistent pricing, or even lost reservations. This ensures accurate inventory and pricing while saving you hours of manual work. A PMS brings structure and automation to the booking process.

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130

Hospitality Magazine

JULY 24, 2024

The restaurant has a nine-point checklist that all products must meet covering animal welfare and pricing to traditional farming methods and sustainability. We were trained to work with full animal carcasses and the seasons,” says de Rancourt, who joined as a sous chef before being promoted to head chef. “We

Training 130

Training Definition Presentation Information 130

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.”

Pricing 108

Pricing Training Book Marketing 108

Hospitality Magazine

SEPTEMBER 16, 2024

From cyber security, tipping, and payment solutions to financial wellbeing, practical business advice, and produce price tracking, technology innovators are helping each part of the industry run more effectively and efficiently. Such instances are creating a high demand for training and understanding around cyber threats.

Pricing 231

Pricing POS Systems Training Budgeting 231

Hospitality Magazine

FEBRUARY 5, 2025

The new business owners say Oirthir has been years in the making, with the picturesque location going hand in hand with their vision to reference the place they grew up and first trained as chefs Scotland. “Our connection to the coast relates to our Scotland heritage.

Reservations 130

Reservations Training Pricing Magazine 130

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. increase in average wholesale food prices compared to last year, you might want to update your pricing strategy. With the 4.5%

Marketing 148

Marketing Information Pricing Training 148

Modern Restaurant Management

APRIL 9, 2025

Maintaining brand consistency : It is essential to ensure that franchisees adhere to operational systems and complete training programs to avoid inconsistencies across the brand. In a franchise system, you can also leverage better pricing as part of the whole system compared to operating a single location.

Training 88

Training Marketing Definition Accounting 88

InnQuest

MARCH 2, 2023

Focus on Employee Training and Development Your employees are the face of your hotel, and providing them with proper training and development opportunities is essential for creating a positive guest experience. Our software solutions come with competitive pricing while retaining their quality and functionality.

Customer Service 224

Customer Service Training Guest Satisfaction Pricing 224

Revenue Hub

FEBRUARY 20, 2024

NB: This is an article from Lighthouse (formerly OTA Insight) Subscribe to our weekly newsletter and stay up to date Your property should have a tailored pricing strategy that fits its unique needs, but there are common industry practices that can be honed to compliment your business and improve performance.

Pricing 108

Pricing Article Accounting Training 108

7 Shifts

NOVEMBER 25, 2024

However, productivity is more easily trained than managed. In a survey by Toast , 46% of restaurateurs listed hiring, training, and retaining staff as their biggest challenge. Solution: Training from hands-on management The results and repercussions of a disconnected restaurant staff are glaringly apparent.

Back of House 88

Back of House Training Procurement Server 88

Hotelogix

MARCH 21, 2025

" AI can help with the reservation process by providing real-time pricing and availability. Step 3: Train Your Staff for AI Integration Staff training is essential for a smooth transition. Regular training and support must be offered to keep up with system updates and modifications. Let me help!"

Guest Services 100

Guest Services Guest Satisfaction Book Training 100

7 Shifts

OCTOBER 28, 2024

It just goes to show how important drink pricing and cost management are to maximizing profits. Bar profit margin and pour cost Some high-performing bars can reach higher margins by optimizing their costs and pricing strategies. Keep in mind that certain drinks can be priced higher due to their popularity or unique ingredients.

Portion Control 78

Portion Control Pricing Training Scheduling 78

Hotelogix

FEBRUARY 13, 2025

Moreover, these employees are not even well-trained or skilled to sell the rooms online. The problem faced by independents is that most of them are unaware of the importance of reviews and  even those who are aware don’t have well-trained staff to manage guest reviews on review media sites.

Marketing 130

Marketing Budgeting Blog Reservations 130

InnQuest

APRIL 3, 2023

Maximizing Revenue in a Competitive Market Implementing a dynamic pricing strategy can improve revenue management and help hotels maximize profits. With real-time, automatic rate optimization, hotels can adjust rates dynamically in response to demand fluctuations, ensuring they are competitively priced.

Training 222

Training Property Management Special Events Guest Satisfaction 222

Hotelogix

APRIL 16, 2025

" Remember that technology should enhance, not replace, the human element of hospitality.

Front Desk Operations 130

Front Desk Operations Property Management Pricing Reservations 130

Revenue Hub

MARCH 12, 2025

Revenue Management Systems (RMS) have become essential tools for optimizing hotel pricing strategies and maximizing revenue. Many RMS solutions are perceived as too complex, too technical, or requiring extensive training before they can be fully utilized. Why is adoption still so limited? Why is adoption still so limited?

Pricing 65

Pricing Training Article Information 65

InnQuest

SEPTEMBER 12, 2023

This includes advertising, promotions, pricing strategies and partnerships with travel agencies and online booking platforms. This involves recruiting, training, and retaining qualified staff, creating a positive work culture and offering opportunities for career growth.

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Maintenance Guest Satisfaction POS Systems Housekeeping 220