Revenue Hub

FEBRUARY 15, 2023

NB: This is an article from OTA Insight Headlines about the impending downturn bring back memories of 2008. However, limited budgets will force many to adjust travel plans and reduce overall holiday spend. Communication within teams and across departments is an essential part of that. Hospitality was no exception.

Article 89

Article Budgeting Reservations Communication 89

InnQuest

OCTOBER 5, 2022

This article dives into the importance of direct hotel bookings and shares expert tips to achieve the best results. The most profitable of the three is direct hotel bookings i.e. wherein guests directly reach out to the hotels for all accommodation-related queries and make a reservation. . What’s All The Hype About Direct Bookings?

Book 217

Book Pricing Reservations Information 217

Revenue Hub

OCTOBER 10, 2023

NB: This is an article from Theresa Hajko of Spire Hospitality Subscribe to our weekly newsletter and stay up to date With a limited amount of human oversight various systems can forecast demand by segment, manage rate and restriction changes as needed including reacting to sudden high demand and maximize profit.

Information 105

Information Reservations Pricing Events 105

Revenue Hub

APRIL 11, 2023

NB: This is an article from Demand Calendar However, no one-size-fits-all answer exists, as each hotel must consider its specific situation and goals. Still, it is one of the most critical decisions hoteliers can make to improve profitability and boost reservations. Distribution is complex and will not be uniform for all structures.

Book 80

Book Information Reservations Catering 80

Modern Restaurant Management

NOVEMBER 25, 2019

In this article we’re going to look at five marketing mistakes that many restaurant owners make and show you how to avoid falling into the same traps yourself. Not Having a Budget for Marketing. Ignoring the Power of Social Media. And keep an eye on your local market in case the demographic begins to change.

Marketing 228

Marketing Communication Definition Budgeting 228

Synergy Suite

MAY 16, 2023

In this article we’ll cover the ins and outs of inventory management software : what it is, what the benefits are, and how to choose the right one for your restaurant business. It simplifies communication with vendors, tracks deliveries, and provides alerts for low stock levels, ensuring timely replenishment of supplies.

Definition 52

Definition POS Systems Vendor Management Scheduling 52

Revenue Hub

DECEMBER 8, 2023

NB : This is an article from Infor Subscribe to our weekly newsletter and stay up to date The good news is that the outlook remains promising, with recent Expedia data revealing that almost half of people prioritize travel more now than they did pre-pandemic, and nearly 80% plan to embark on leisure travel into 2024.

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Travel and Tourism Procurement Maintenance Information 100

eZee Absolute

JANUARY 12, 2023

In this article, we’ll take a closer look at the benefits of using a PMS and POS system from the same hotel tech supplier, and how it can help you succeed in the competitive world of hospitality. Collaboration and communication. Collaboration and communication. But, why would I say so? Table of Content. Time and cost.

POS Systems 52

POS Systems Training Communication Information 52

Xotels

APRIL 3, 2024

Article Summary: What is the Definition of Revenue Management? Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? History of Revenue Management: Where It All Started Yield Management vs. Revenue Management – What is the Difference?

Pricing 52

Pricing Book Budgeting Marketing 52

Les Roches

MAY 24, 2023

In this article, we’ll go over the skills that you will need to be successful in restaurant management. Budgeting and financial management Portra/E+ via Getty Images Finances for a restaurant will include sales forecasting, food cost control, staffing costs, and more. Successful restaurant management requires a diverse skill set.

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Front of House Communication Hospitality Management Customer Service 52

SiteMinder

OCTOBER 24, 2022

Just like advertising in any industry, hotel advertising is a way for you to communicate with potential guests about your services and offers. A successful hotel advertising strategy will depend on choosing the right channels, allocating the appropriate budget, and targeting the most ideal audience. Table of contents. Boosted revenue.

Budgeting 72

Budgeting Book Blog Pricing 72

Les Roches

MAY 9, 2023

In this article, we’ll go over the skills that you will need to be successful in restaurant management. Budgeting and financial management Finances for a restaurant will include sales forecasting, food cost control, staffing costs, and more. This means working closely with team members to know what’s needed and when.

Front of House 52

Front of House Communication Hospitality Management Customer Service 52

SiteMinder

FEBRUARY 28, 2023

This article will take you through the state of play, the opportunity for your business, and the actions you need to take to capitalise on the return of the world’s largest tourism segment. On top of that, there has always been diverse incomes, budgets, ages, hometowns, interests, and travel motivations. How can SiteMinder help?

Travel and Tourism 105

Travel and Tourism Book Marketing Communication 105

Revenue Hub

DECEMBER 1, 2022

NB: This is an article from IDeaS. It needs to consider all ancillary spending from online reservations to check-out, food service to spa services, guest rooms to gift shop, and more. In order to meet their organisations’ goals, GMs regularly communicate with the sales, operations, finance, and marketing teams.

Pricing 83

Pricing Marketing Information Strategic Planning 83

The Restaurant Times

OCTOBER 11, 2021

Good branding is the art of communicating those values to the diner. You can also opt to engage a professional design firm if it fits your budget. . Reservation and online ordering software — Reservation and ordering software can be a bit tricky, as some are more difficult to adapt to your needs.

Marketing 52

Marketing Reservations Blog Budgeting 52

Synergy Suite

JULY 11, 2023

In this article, we’ll dive into restaurant payroll and HR software–what they are, what benefits they bring, and what to look for when you’re trying to choose the right one for your business. Budget Consider the affordability of the payroll and HR solution in relation to your restaurant’s budget.

POS Systems 52

POS Systems Maintenance Information Accounting 52

SiteMinder

OCTOBER 11, 2022

This article will take you through the most essential factors to consider for successful hotel restaurant management. It is a complex role involving day-to-day administration, staff management, general operations, accounting and budgeting, fielding customer complaints and enquiries, menu engineering, and ensuring health and safety compliance.

Customer Service 52

Customer Service Reservations Book Marketing 52

Les Roches

AUGUST 10, 2023

They must handle budgets, manage vendors and deal with logistics. Depending on the type of hospitality and tourism business, front-of-house roles typically require a combination of customer service and technical skills. If you’re interested in managerial roles, it’s a good idea to consider a master’s degree. Salary range: $66,000 to $93,000.

Travel and Tourism 52

Travel and Tourism Front of House Back of House Hospitality Management 52

eZee Absolute

JANUARY 9, 2023

In this article, we’ll show you how to make your hotel the ultimate destination for digital nomads. Which is why it is imperative to offer flexible booking options, such as the ability to easily change or cancel reservations. But is your hotel prepared to cater to them? Don’t fret, if not! This is where discounts come in.

Book 52

Book Catering Reservations Marketing 52

Les Roches

JUNE 5, 2023

The focus is on delivering exceptional customer service and maximizing profits. Front office management In a hotel, the front office management can also be called front-of-house management. The staff here are responsible for much of the customer-facing parts of the business.

Menu Planning 52

Menu Planning Housekeeping Front of House Training 52

Synergy Suite

APRIL 24, 2023

In this article, we’ll go into the ins and outs of online ordering systems: what they are, how to choose one, and examples of the best online ordering systems on the market today. Budget Review your budgetary constraints when selecting an online ordering system. What is an Online Ordering System?

POS Systems 52

POS Systems Information Maintenance Pricing 52

Xotels

SEPTEMBER 22, 2022

In this article we will cover 15 best practices to create a solid marketing plan and strategy for your property: Guest experience is everything. Communication with the team & stakeholders. Chances are you’re aware of your booking engine’s conversion rate, but what about your reservation department? Social media.

Marketing 40

Marketing Blog Book Communication 40

Revenue Hub

APRIL 17, 2024

It was the very yearly days where revenue managers were very much viewed as executive reservation managers and expected to perform reservation manager duties. With abundant competition and limited marketing budgets, spending resources where they’ll do the most good and merchandising results are critical.

Marketing 91

Marketing Information Budgeting Reservations 91

Les Roches

JANUARY 19, 2024

Hotel operations Operating a hotel involves meticulous coordination, starting from managing room reservations to supervising staff members. Specify whethe­r it will be a boutique guesthouse­ or budget lodgings and mention your target custome­r base. They must be practical, cost-effective, and streamlined.

Marketing 52

Marketing Book Accounting Procurement 52

Synergy Suite

FEBRUARY 7, 2023

Payment Processing Equipment Payment processing equipment includes devices such as credit card readers, NFC (Near Field Communication) terminals, and barcode scanners, allowing for various payment methods to be accepted. Cash Register or Cash Drawer This component securely stores cash and provides a physical point for cash transactions.

POS Systems 52

POS Systems Definition Server Information 52

Revenue Hub

OCTOBER 6, 2023

NB: This is an article from Revinate Ever since the introduction of online travel agencies (OTAs) in the ‘90s, hoteliers have struggled to achieve the optimal distribution mix between OTAs and hotel direct bookings. It lets staff maintain a single flow of communication with guests as interactions move from email, to text, to voice.

Book 105

Book Communication Guest Satisfaction Article 105

Xotels

NOVEMBER 23, 2023

This is just one of the many important things discussed in this article. As a hotel management company , we hope this article will help you with the basic concept of hotel management to explore different hotel positions and everything in between. Article Summary What Is Hotel Management All About, And Why Is It Important?

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

Xotels

NOVEMBER 23, 2023

This is just one of the many important things discussed in this article. As a hotel management company , we hope this article will help you with the basic concept of hotel management to explore different hotel positions and everything in between. Article Summary What Is Hotel Management All About, And Why Is It Important?

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

Revenue Hub

JULY 12, 2023

NB: This is an article from Userguest , one of our Expert Partners Embracing direct booking tools has become a strategic imperative for hotels, empowering them to bypass third-party channels and forge a direct connection with their cherished guests.

Book 85

Book Communication Pricing Budgeting 85

Synergy Suite

FEBRUARY 21, 2023

In this article, we’ll share some of our thoughts on what you should consider when choosing a restaurant POS system. Features like quick order entry, menu customization options, and kitchen display systems (KDS) for streamlined communication with the kitchen are essential.

POS Systems 52

POS Systems Training Budgeting Reservations 52

eZee Absolute

SEPTEMBER 20, 2022

And in this piece of article, I am getting down to the brass tacks and help you have clarity around this subject. Reservation. In this phase, she is reading various vacation articles on the internet, binge-watching solo travel videos, scrolling through her Instagram feed, and whatnot. Budgeting comes third? Experience.

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Budgeting Reservations Book Article 96

Revenue Hub

MAY 2, 2023

NB: This is an article from Right Revenue , one of our Expert Partners So, what kind of conversations should they have? Ie Is my business ahead or behind your own KPI (often Last Year, Same Point in Time), but this may be budget or forecast. What has been communicated to Sales and to Marketing? Will this mean a mailshot?

Budgeting 78

Budgeting Article Blog Reservations 78

MEWS

FEBRUARY 9, 2023

For this reason, we wanted to share some of the lessons we learned in the last 3 years during which we built the Mews PMS, which may come in helpful when you start looking around for an upgrade of your hotel reservation system. This information can be collected at the time of making a reservation or during check-in.

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Information Book Reservations Communication 130

7 Shifts

MARCH 10, 2022

Reservation software keeps your hosts organized, review sites provide you with actionable feedback on your performance, and staff management software keeps your team in sync with auto scheduling. Team Communication. It's arguably the go-to platform for diners looking to make a reservation. Try 7shifts for Free. Apple | Android.

Scheduling 78

Scheduling Reservations Download Communication 78

Xotels Hotel Revenue Management

SEPTEMBER 1, 2020

In this article we have put together a series of tips on how to start your own hotel business: First Things First – Key Considerations Before Starting a Hotel. Communication, being able to communicate your goals and how the hotel is performing is crucial to the development of your business. Sales reservation fees.

Definition 52

Definition Marketing Budgeting Article 52

Social Hospitality

JULY 25, 2022

Technologies such as food delivery, ghost kitchen setups, and automated communications helped scores of restaurants remain business-worthy through the toughest times in recent history. Chatbots can take orders, upsell, provide suggestions, make reservations, offer promotions, collect feedback, and even process payments. Set a Budget.

POS Systems 59

POS Systems Budgeting Reservations Communication 59

Modern Restaurant Management

AUGUST 5, 2020

While TouchBistro has previously partnered with providers of loyalty solutions, this acquisition will provide the company with a proprietary solution that is much more deeply integrated into the TouchBistro platform and its ecosystem of products like Online Ordering and Reservations. ” Tyga Bites Launches.

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Server Marketing Bookkeeping Document 210