Synergy Suite

JULY 5, 2023

To learn more about what a restaurant management software is, you can hop on over to our other articles: What is Restaurant Management Software? Definition and Benefits All-in-One Restaurant Management System: How the Pieces Fit In this article, we’ll discuss what you should look for when exploring your restaurant management software option.

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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?

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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?

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Housekeeping Maintenance Article Concierge 40

The Restaurant Times

JUNE 3, 2020

With the help of the strategies and tips mentioned in this article, a stable dark kitchen business can quickly reach operating break-even and generate profits. . Forecasting will also allow you to benefit from proper budgeting, which is very important for running a restaurant business. Reduce maintenance costs.

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Revenue Hub

OCTOBER 25, 2023

NB: This is an article from RateGain In the realm of hotel distribution and connectivity, two essential tools are often in the spotlight: GDS vs Channel Manager. Cost-Effective Solution: Channel Managers are typically more cost-effective than GDS, making them an attractive choice for properties with budget constraints.

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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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The Restaurant Times

JANUARY 19, 2021

This article serves as an ultimate restaurant equipment buying checklist that restaurants in the UAE must follow. . If you are operating on a tight budget, analyze what types of restaurant equipment will be required. Maintenance. Proper restaurant equipment maintenance ensures longevity and improves efficiency.

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The Restaurant Times

JANUARY 21, 2021

This article covers restaurant industry trends that restaurant owners must adopt in 2021 to sustain and strengthen their businesses. . Providing new offerings, limiting menus, and offering unique experiences will help attract diners who may be limiting their dining out budgets.

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Les Roches

APRIL 13, 2023

In this article, we answer the question, “ Are hotels a good investment?” , and share everything you need to know to determine whether investing in hotels is right for you. Maintenance and upkeep costs in hotel investment When you invest in a hotel, maintenance and upkeep costs will fall on you.

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Revenue Hub

JULY 26, 2023

NB: This is an article from Global Asset Solutions Unlike other products that can be stored and sold later, the prices of hotel room nights often fluctuate based on supply and demand, with prices typically rising during peak seasons or when major events are happening and falling during slower periods.

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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. Support and Maintenance Consider the level of support and maintenance provided by the payroll and HR solution provider.

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SiteMinder

OCTOBER 10, 2022

As a low budget option, there are usually no additional facilities in the hotel and no type of room service. Two star hotels are still relatively basic and low budget but the standards and services will be a little higher. Three star hotels are not budget options and therefore guests will expect high quality customer service.

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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. Small or Independent Restaurants Small or independent restaurants often have limited budgets and fewer resources compared to larger establishments.

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7 Shifts

AUGUST 10, 2020

Don’t have the budget for any filing products? Check out this article on Lifehack for DIY tips for how to cheaply save space and organize content in your back office. Fitting the theme of this article, going paperless on your schedules removes yet another unnecessary element from your back office.

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Les Roches

AUGUST 10, 2023

Some of the common back-of-house positions you may find include: Food and beverage manager Chef Sous chef Line cook Pastry chef Purchasing manager Housekeeping staff Facilities manager Maintenance technician Sales and marketing Finance and revenue management What skills are required for back-of-house roles? Salary range: $66,000 to $93,000.

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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? property maintenance) and comparatively low variable costs (e.g., What Does the Process of Revenue Management Look Like?

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Pricing Book Budgeting Marketing 52

Restaurant Engine

APRIL 14, 2021

If so, check out this article where we uncover how to pick the right one. This may depend on your budget and your needs. When you purchase a used food truck, be prepared for ongoing maintenance as well. If you’re thinking about buying a food truck , you can take the tips in this article regarding how to pick the best one.

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The Restaurant Times

APRIL 18, 2020

This article explains why cloud kitchens are the safest bet and why investing in them would be the wisest choice. . In comparison to traditional restaurant businesses, cloud kitchens can appeal to budget-conscious consumers and grow their market share. Unraveled: Why Cloud Kitchens Are The Wisest Investment Opportunity In 2020.

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The Restaurant Times

DECEMBER 3, 2021

Working within your budget’s limits is critical, as is developing an effective company plan that accounts for all employees, food, beverages, entertainment, maintenance, promotion, cleaning, and bills. This article aims to present you with a few pub ideas to draw more customers through events. . Live Music .

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The Restaurant Times

OCTOBER 12, 2021

This article aims to highlight the pros and cons of ghost kitchens to the restaurateurs to help them make a balanced decision: 5 Pros of Running Ghost Kitchens. You don’t have to worry about the ambience or regular maintenance. . In order to do so, they have to pay higher rents which impacts their overall budget.

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7 Shifts

APRIL 3, 2020

Please note thought: this article is meant to provide information only and is not a substitute for any professional advice you may receive from an accountant, lawyer, HR, or other professional. Evaluate your restaurant scheduling practices to see if you are consistently over-budgeting on labor needs based on your sales.

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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.

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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?

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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.

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Revenue Hub

MAY 18, 2023

NB: This is an article from Xotels Is there anything more pressing on the minds of hoteliers, preventing them from having sleepless nights thinking about how to bring down their hotel`s cost and keep their business afloat? Keep reading our article on how to approach this multi-faceted issue. What is Cost Control in a Hotel?

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Les Roches

JANUARY 19, 2024

you’ll need a detailed breakdown of overheads such as staff wages, utilities, marketing efforts, and ongoing maintenance. Specify whethe­r it will be a boutique guesthouse­ or budget lodgings and mention your target custome­r base. If you’re trying to answer the question ‘How much does it cost to own a hotel?’

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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. We cover this further in our Hotel Trends article diving deeper into personalization in hospitality. Be prepared to add the following fees to your budget: Initial fee.

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7 Shifts

NOVEMBER 17, 2022

On top of knowing what your customers want, you'll also need to consider your business's budget and ability to facilitate games. Always have a back-up plan, and be aware that adding games at your bar may require maintenance and extra staff. A ping pong table missing paddles is pointless. Classic Bar Games. Drinking Games.

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Xotels Hotel Revenue Management

NOVEMBER 11, 2019

There are various types of tools available for your hotel to carry out a thorough, accurate forecast, which differ depending on your needs and budget. Additional key metrics include any planned renovations and maintenance operations during the off-season, and the impact of any tax payment or interest rate obligation changes.

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