Hotel Owner

DECEMBER 7, 2023

The Park, the holiday park situated in Mawgan Porth, Cornwall, has been sold off a guide price of £3.75m. The five-star park comprises 110 bedrooms across 56 self-catering holiday units ranging from luxury lodges, cottages, park cabins and yurts. In 2023, Knight Frank has advised on over £1bn of holiday parks.”

Catering 98

Catering Pricing Events 98

Boutique Hotel News

JANUARY 27, 2023

The company, which has €18 billion of assets under management, has committed to reducing embodied and operational CO2 emissions by 30 per cent and 50 per cent respectively before the end of 2023. 2023 is likely to see further political and economic uncertainty which will see winners and losers on the exchange rate see-saw.

Travel and Tourism 130

Travel and Tourism L&D Marketing Pricing 130

Modern Restaurant Management

JANUARY 13, 2023

Starting January 17th, the brand is also launching a new signature cocktail called Endless Sunshine that will feature happy hour pricing of $7 all day, every day. Price may vary per market). “Menu innovation sits at the forefront of our plans for 2023,” said Mark Parmerlee, president and chairman of Golden Chick.

Catering 100

Catering Marketing Pricing Definition 100

Revenue Hub

JANUARY 9, 2024

According to Trootech, the present AI market stand October 2023 is worth over 300 billion EUR, and AI has become the number one priority for 83% of businesses around the globe. Revenue managers would use spreadsheets and basic forecasting tools to make pricing decisions, often overlooking the complexity of the market dynamics.

Pricing 97

Pricing Article Definition Catering 97

Hospitality Magazine

OCTOBER 25, 2023

Kolkata-born Ahana Dutt grew up going to the markets on Sundays with her mother, spending mornings selecting produce and haggling down the price of live fish. The graduate made the move to Sydney after completing her studies and began working for the catering arm of Aria before moving to The Keystone Group.

Definition 130

Definition Catering Accounting Presentation 130

Luxury Hospitality Magazine

JUNE 9, 2023

IDeaS Function Space Revenue Management (FSRM), a module to G3 RMS – The module provides powerful automated meetings and events (M&E) forecasts, interactive demand calendars, profit-based price evaluation, and displacement capabilities. Users can also [.]

Catering 52

Catering Events Pricing Magazine 52

Modern Restaurant Management

JANUARY 8, 2024

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. As the trend of digital nomadism continues to rise in the future, catering to this growing demographic becomes increasingly important.

Pricing 215

Pricing Catering Training Marketing 215

InnQuest

OCTOBER 3, 2023

Multiple Payment Options: These solutions can accommodate various payment methods, making it easier for hotels to cater to guests’ diverse preferences. Real-time Updates: Thereafter, integration with property management system s (PMS) provides real-time updates on room availability and pricing.

Guest Satisfaction 221

Guest Satisfaction Information Property Management Blog 221

Modern Restaurant Management

MARCH 4, 2024

Cracking the Code of Restaurant App Usage, November 2023 ) What Customers Value RMS segmented respondents by generation, and while preferences varied, all ages placed the most value on: Exclusive deals Loyalty-based incentives Customization What They Don’t Value On the other hand, crashes or technical issues ranked as the biggest pet peeve.

Catering 197

Catering Training Pricing 197

InnQuest

JULY 10, 2023

As markets continue to prioritize brands that cater to individual preferences the best, every business’s success depends on how well it offers personalized experiences to end-users. Imagine walking into a hotel that anticipates your needs, understands your unique desires and precisely caters to your individual preferences.

Marketing 130

Marketing Catering Budgeting Pricing 130

Revenue Hub

AUGUST 10, 2023

Subscribe to our weekly newsletter and stay up to date Our recent survey identified the key things that influence travelers when making vacation decisions and how price plays into it. While you can’t change your location, understanding the local pricing landscape is crucial. Consider the location and views of each room.

Budgeting 81

Budgeting Pricing Article Catering 81

Luxury Hospitality Magazine

MARCH 8, 2023

The post What’s on the menu at Northern Restaurant & Bar 2023? View the full exhibitor list here: www.northernrestaurantandbar.co.uk/exhibitor-list View the full exhibitor list here: www.northernrestaurantandbar.co.uk/exhibitor-list first appeared on Luxury Hospitality Magazine.

Demo 40

Demo Catering Pricing Magazine 40

Modern Restaurant Management

JANUARY 31, 2024

full service restaurants surveyed plan to introduce catering services. Inventory : Generally, when food costs go up, operators will raise their menu prices by a small amount. Labor : From a labor standpoint, 2023 was a relatively good year for operators. I hope they come away from reading the r eport with a sense of optimism.

Multi-Unit Operations 203

Multi-Unit Operations Bookkeeping POS Systems Pricing 203

Modern Restaurant Management

NOVEMBER 21, 2022

Additionally, menu prices at casual dining establishments rose by an average of 9 percent year over year from 2021. Making this problem more cogent is the fact that inflation isn’t forecast to ease until late next year, where it is predicted to fall to 3-to-4 percent by the end of 2023, according to economic projections by Kiplinger.

Pricing 197

Pricing Catering Information 197

STAAH

JANUARY 29, 2024

million guests in 2023. Through the partnership, STAAH’s vacation rental, serviced apartment and other self-catering property customers receive direct access to distribute their inventory through Holidu’s booking platform which boasts more than 30 million visitors a month across 25 live domains.

Book 77

Book Catering Customer Service Business Development 77

MBB Hospitality

FEBRUARY 10, 2022

We are going to teach you how food truck expansion can help you grow your restaurant in 2023. You can rent a food truck for a fraction of the price that it would cost you to buy one. Use The Food Truck For Catering Events. When people love a restaurant, they often want that restaurant to cater for their large events.

Catering 52

Catering Events Marketing Training 52

Revenue Hub

DECEMBER 14, 2023

54% of hoteliers believe that the available technology is not sufficiently advanced to meet their ever-evolving requirements A more reluctant approach comes from the uncertainty that technology can cater to the needs of an industry that has to combine operational excellence with human touch and emotions. 2 Traveling Cheaper or Greener?

Article 91

Article Blog Pricing Budgeting 91

Luxury Hospitality Magazine

MARCH 27, 2023

Event catering company Lush by Tom Kerridge, in partnership with Searcys, has been appointed the official caterer for the Guards Polo Club. Lush brings the ethos, creativity, flavours and tastes of Tom’s famous two-Michelin starred restaurant Hand & Flowers, to the Guards Polo Club.

Catering 52

Catering Events Pricing Magazine 52

Hotel Owner

MAY 10, 2024

For the full year, Hyatt expects its RevPAR to increase between 3% to 5% compared to 2023, with net income projected to be between $1.13bn (£900m) and $1.19bn (£950m). The Grade II Corinium Hotel in Cirencester has been put up for sale with an asking price of £295,000.

Catering 52

Catering Pricing Marketing 52

Hotel Owner

AUGUST 14, 2023

Frank Cogan, director of Bozz Co Inns Ltd, said: “Myself and Martin are happy to be leaving the future of the Belmill in the hands of Amber Taverns, who are in a great position to cater for the up and coming demands of the customers in the town.

Catering 96

Catering Pricing Marketing 96

Hotel Owner

APRIL 10, 2024

The four-star Douglas Hotel, situated on the Scottish Isle of Arran, has been listed for sale at a price of £2.9m. Additionally, The Shorehouse, featuring 13 self-catering apartments, is available for separate purchase. The UK recorded €2.62bn (£2.24bn) in hotel transactions in 2023, slightly surpassing Spain.

Guest Satisfaction 52

Guest Satisfaction Catering Presentation Pricing 52

Modern Restaurant Management

NOVEMBER 15, 2023

A return to work in offices and higher grocery prices due to continued inflation pressures are among the factors leading to nearly one in four U.S. Heading into the end of 2023, two-thirds of consumer households (64 percent) planned to spend at the same levels with restaurants as they did over the second and third quarters of the year.

Pricing 110

Pricing Marketing Catering Magazine 110

Revenue Hub

JANUARY 11, 2024

Attribute-Based Pricing Takes Centre Stage As personalised experiences become more sought after, attribute-based pricing is expected to dominate in 2024. In 2023, one-third of marketers utilised short-form videos, and this trend is expected to grow further in 2024. Let the adventure begin!

Guest Satisfaction 82

Guest Satisfaction Pricing Guest Retention Catering 82

Modern Restaurant Management

FEBRUARY 7, 2024

As Merriam-Webster's word of the year for 2023, authenticity is proving to be something that people of all generations search for now more than ever. According to a National Restaurant Association Show presentation, Gen Z consumers care more about authenticity, convenience and aesthetics than price value.

Catering 197

Catering Presentation Pricing Information 197

Revenue Hub

MAY 11, 2023

of 2019 levels in 2023, and Amadeus reports that 64% of event professionals say their spending increased this year. Based on its Meeting Recovery Forecast , overall meeting volume will surpass 2019 levels in mid-2023. After all, speed and service win more often than price.

Events 86

Events Pricing Catering Book 86

Revenue Hub

MAY 9, 2023

million group room nights booked for H1 2023. According to the Global Business Travel Association (GBTA), group travel demand will likely increase in 2023, and the average spend per attendee for group events will increase in 2023. Amadeus reports that group and business travel segments are steadily recovering, with 4.3

Book 79

Book Pricing Events Accounting 79

Modern Restaurant Management

DECEMBER 20, 2023

In 2023, the restaurant industry faced several challenges and made some missteps along the way. As with most other industries, the biggest talking point for restaurants in 2023 has been artificial intelligence. Co-founder, Carbonate Looking back at 2023, I witnessed a significant shift in how restaurants approach loyalty programs.

Pricing 197

Pricing Marketing Customer Service Scheduling 197

Revenue Hub

OCTOBER 31, 2023

To provide more current information, we also relied on the monthly operating statements of 1,200 properties during the period January through June of 2023. catering and banquet revenue) during 2021. In 2023 we have seen a slowdown in total F&B revenue growth. respectively during the first six months of 2023.

Beverage Operations 84

Beverage Operations Article Catering Pricing 84

Hotel Owner

MAY 20, 2024

In 2023, the share of Britons taking a domestic summer holiday, or staycation, in the UK increased by 50% compared to the previous year. According to a survey by Statista, 63% of the respondents planned a staycation in 2023, while about 42% of Britons did the same in 2022.

Travel and Tourism 52

Travel and Tourism Blog Book Events 52

SiteMinder

DECEMBER 3, 2023

Booking a trip is evolving into a metrics-driven process as travellers assess a combination of star ratings, consumer review scores, and price. Travellers can now quickly compare pricing and availability directly within TripAdvisor. In some cases, it can even be more important than price. Here’s what we mean.

Book 105

Book Pricing Reservations Budgeting 105

Modern Restaurant Management

MARCH 8, 2024

In this edition of MRM Research Roundup, we feature news about an influx of catering orders, the topic of tipping, the rise of kiosks and affordable Michelin restaurants. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022. Total tips averaged 18.9

Catering 100

Catering Pricing Multi-Unit Operations Marketing 100

STAAH

JULY 25, 2023

There are an estimated 23 million digital nomads worldwide as of 2023. They choose their destination based on a few specific factors, including safety, the price of accommodation, internet speed, or the co-working spaces on offer. And this figure is growing. How to attract digital nomads to your property?

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Travel and Tourism Definition Scheduling Catering 74

Modern Restaurant Management

MAY 23, 2023

Interestingly, 55 percent of consumers now consider takeout and delivery essential, according to NRA's 2023 State of the Restaurant Industry Report. As a result, restaurants had to quickly adapt by offering takeout and delivery options to cater to their customers' changing needs.

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Definition Customer Service Catering Information 167

Revenue Hub

NOVEMBER 21, 2023

Broader range of deals : With extended sales, travel companies have the opportunity to offer a wider variety of deals, catering to different types of travelers and their preferences. Extending the sales period allows travelers to carefully consider their options, research destinations, and make informed choices.

Article 85

Article Events Budgeting Catering 85

Modern Restaurant Management

FEBRUARY 5, 2024

Yelp’s engaged community of locals who share their opinions and reviews is what enables its community to connect with great local and affordable businesses – more than 85% of the businesses on the list are priced under 30 dollars per person. trillion (7 percent of total revenue) due to poor customer experience in 2023.

Marketing 196

Marketing Budgeting Cost Reduction Pricing 196

Modern Restaurant Management

AUGUST 16, 2023

However, given the current circumstances surrounding the COVID-19 pandemic, economic instability and impending recession in 2023 , traditional norms are shattered. QSRs can revolutionize the drive-thru experience and cater to the evolving needs of customers by combining digital solutions with traditional drive-thru infrastructure.

POS Systems 167

POS Systems Customer Service Back of House Catering 167

Hotel Owner

JUNE 30, 2023

Energy prices, inventory management, and employee productivity all play critical roles in the profitability of a hotel. In a recent report from the World Travel and Tourism Council, nearly 69% of travellers were actively seeking sustainable accommodation options in 2023.

Travel and Tourism 105

Travel and Tourism Strategic Planning Procurement Concierge 105