Revenue Hub

OCTOBER 23, 2023

NB: This is an article from Amadeus Revenue managers are tasked with maximizing revenue and profitability, balancing occupancy and pricing, developing effective competitive demand strategies, understanding evolving guest needs, and more. Many of these sustainability efforts provide cost reduction benefits as well.

Pricing 85

Pricing Book Cost Reduction Strategic Planning 85

Synergy Suite

DECEMBER 14, 2023

At the end of this article, you’ll not only grasp the concept of the inventory turnover ratio but also be equipped with strategies to maximize it, ensuring smoother operations and increased profitability for your restaurant. Let’s explore inventory turnover ratio, and dissect its importance in the restaurant industry.

Menu Planning 52

Menu Planning Information Procurement Training 52

Modern Restaurant Management

DECEMBER 16, 2019

November and December purchases typically account for upwards of 50 percent of annual gift cards sales. While gift cards account for 6.3 Edward Bergen, Mintel Global Food & Drink Analyst, said:“The digital era has certainly changed the way we communicate with each other, even when we’re surrounded by friends and family.

Events 111

Events Pricing Marketing Cost Reduction 111