Remove Accounting Remove Article Remove Competitive Analysis Remove Pricing
article thumbnail

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. As you know, appropriate pricing is key to any profitable hotel. Spillage, spoilage, and overbooking can destroy your bottom line.

Pricing 103
article thumbnail

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., Table of Contents.

Document 157
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 .

article thumbnail

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

The Restaurant Times

This article discusses how you can write an impactful business plan for your cafe in the UK. . Targeted Audience Analysis: Analyze the demographics or customer groups you are planning to focus on. Competition Analysis: Identify your competitors and include them in your cafe business plan.

article thumbnail

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. This continuous monitoring can reveal valuable insights, such as identifying peak revenue-generating periods, recognizing the impact of specific events on revenue, or understanding the effects of a new pricing strategy.