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What ADR Can Tell You and What It Can’t

Revenue Hub

NB: This is an article from Altexsoft However, like any other technique, it comes with its own strengths and weaknesses. Facilitates competitive analysis. Comparing your hotel’s ADR with that of your competitors can bring significant market positioning insights to light. Offers an overview of room revenue performance.

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Grow Hotel Profits with These Winning Revenue Management Practices

Revenue Hub

NB: This is an article from Revenue Team by Franco Grasso , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Revenue management is a complex discipline worth implementing. Failure to account for probable events on a specific date You may nod your head as you read through these.

Pricing 101
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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

In this article, you'll learn how to get a business loan for your restaurant so you can make your dream of starting or growing your restaurant a reality. Customer Analysis : discuss the types of customers you will attract and serve. Marketing Plan : detail your pricing structure (e.g., social media marketing ) you will employ.

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6 Expert Tips To Create An Effective Cafe Business Plan For The UK

The Restaurant Times

With lockdown restrictions easing and restaurant business slowly picking up the pace in the UK market, it is an excellent time to revisit your restaurant’s business plans. This article discusses how you can write an impactful business plan for your cafe in the UK. . Promotion/marketing strategies . SWOT Analysis.

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Starting a Waffle Restaurant in Dubai? 9 Things You Absolutely Must Know

The Restaurant Times

In this article, we will guide you through the entire process of starting a waffle restaurant in Dubai. . Conduct a location analysis on factors such as demographics, real estate prices, crowd density, target audience, expected footfall, average income, accessibility to market, and parking spaces. . Kitchen Equipment .