Les Roches

JANUARY 19, 2024

The business plan is a roadmap, outlining important aspects such as market analysis, manage­ment structure, marketing plans, ope­rational strategies, and financial projections. Why do you need a hotel business plan? Why do you need a hotel business plan?

Marketing 52

Marketing Book Accounting Procurement 52

Revenue Hub

DECEMBER 1, 2022

In a competitive operating environment, where every pricing decision counts, all hotels need to ensure that they are pricing themselves correctly in the market, minimising operational costs, and attracting the right guests at the right rates. It’s a competitive market out there, and we must grab every opportunity we can.

Pricing 81

Pricing Marketing Information Strategic Planning 81

Les Roches

JANUARY 25, 2024

Hotel industry players who can leverage data effectively gain valuable insights that can influence their strategic decisions, from setting room prices to designing hotel marketing strategies. This information then guides businesse­s in providing customized services and launching targe­ted consumer brand marketing campaigns.

Competitive Analysis 52

Competitive Analysis Information Pricing Marketing 52

Les Roches

JANUARY 11, 2024

When organizations develop business plans that align with the aspirations of both individuals and the team as a whole­, they can significantly improve overall performance. Involving the sale­s team in that goal-setting also helps foster a se­nse of ownership and accountability and can help boost motivation too.

Definition 52

Definition Pricing Training Marketing 52

Les Roches

DECEMBER 27, 2022

Creating company budgets and monitoring finances to ensure financial targets are met across departments. Technical expertise depending on the industry you’re working in, for example in accounting, as a revenue manager , or a marketing specialist can be advantageous to help you fully understand and support businesses’ growth.

Communication 52

Communication Hospitality Management Strategic Planning Budgeting 52

Xotels Hotel Revenue Management

APRIL 3, 2024

This is done by thoroughly understanding your property, its customers, and the market. Understand your Hotel´s Market The success of your revenue management strategy depends on how well you understand your market. This is one of the first steps when creating a revenue management strategy, performing thorough market research.

Pricing 76

Pricing Book Marketing Information 76

Xotels

NOVEMBER 23, 2023

From front-of-house functions like guest reception and concierge services to back-of-house operations like finance, and marketing, every facet of a hotel’s functioning falls under the umbrella of hotel management. Marketing: Attracting and retaining guests requires effective promotion and marketing strategies.

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

Xotels

NOVEMBER 23, 2023

From front-of-house functions like guest reception and concierge services to back-of-house operations like finance, and marketing, every facet of a hotel’s functioning falls under the umbrella of hotel management. Marketing: Attracting and retaining guests requires effective promotion and marketing strategies.

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

Synergy Suite

JANUARY 12, 2024

This specialization takes into account the nuances of restaurant operations, such as menu item performance, table turnover rates, and peak dining times. Analytics contribute significantly to budgeting, forecasting, and profitability analysis.

POS Systems 52

POS Systems Information Pricing Accounting 52

Modern Restaurant Management

JANUARY 17, 2020

" Benihana Plans Franchise Expansion. announced a strategic plan to support the continued expansion of its business. The plan is centered around four key initiatives, which include: New restaurant development in the U.S.; Benihana National Corp. Select U.S. acquisitions; U.S. franchise development; and. cities. . "To

Multi-Unit Operations 136

Multi-Unit Operations Marketing Customer Service Strategic Planning 136

Modern Restaurant Management

OCTOBER 8, 2020

Flippy ROAR hits the market with advanced cooking capabilities to quickly learn menu items, allowing operators to appeal to new customers and retain eaters with consistently cooked options. Miso Robotics plans to offer financing options through TimePayments to empower food service providers to quickly adopt automation technology. . "Intel®

Marketing 155

Marketing Information Scheduling Download 155

EATER

JULY 6, 2022

In collaboration with our partners at Blue Hill, Stone Barns Center is in the midst of a strategic planning process focused on bringing agriculture and gastronomy into [an] even closer working relationship.”. A public call to accountability hadn’t been the plan. The Stone Barns 2.0

Training 92

Training Presentation Workshop Budgeting 92