HotStats

OCTOBER 26, 2023

We asked them, “Is the annual budget process still a necessary evil for hotels?” HotStats reached out to hospitality leaders around the world. Here is a condensed, edited roundup of their responses.

Budgeting 52

Budgeting Blog 52

HotStats

NOVEMBER 2, 2023

Are there ways to make the 2024 budgeting process more streamlined and efficient? For insights and advice, HotStats reached out to leading hospitality experts around the world.

Budgeting 52

Budgeting Blog 52

HotStats

NOVEMBER 8, 2023

HotStats share five ways to improve budget accuracy and performance in uncertain times.

Budgeting 52

Budgeting Blog 52

Adora POS

SEPTEMBER 22, 2023

Explore pizza delivery options for your pizzeria in this blog. Learn how to choose the right fit based on factors like location, budget, and customer preferences. We delve into three primary methods: Third-Party Delivery Services offer reach and convenience but come with fees and loss of control.

Demo 98

Demo Blog Budgeting Scheduling 98

Revenue Hub

NOVEMBER 8, 2023

You knew it was coming – it happens every year – but budget season was hectic so you pushed it to the bottom of your to-do list until… “What are we doing for Black Friday this year?” can be used to save you time (and budget!) It’s the question every busy marketer fears. Below we’ll outline how automation and A.I.

Book 97

Book Budgeting Blog Pricing 97

Revenue Hub

JANUARY 11, 2024

With so many marketing channels and blogs with bright ideas, it can get confusing about which shiny new marketing trend you should hop on board with. Yes, yes, there are other search engines out there but the reality is that Google dominates when it comes to travel planning and can help your hotel get out in front even if you’re on a budget.

Marketing 101

Marketing Blog Budgeting Article 101

STAAH

SEPTEMBER 19, 2023

In the context of hotel marketing, content can take various forms: 1) Hotel Blogs and Latest Press Releases : Regularly publishing blog posts about local attractions, travel tips, and hotel updates can establish your hotel as a trusted source of information and improve SEO.

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Marketing Blog Budgeting Book 82

Revenue Hub

MAY 10, 2024

Budgeting matters for families, with 37 percent who say affordability is an important factor in picking their destination. Even if your packages don’t include an activity, you can still let families know about local activities via your “things to do” page, blog, or digital guide. If so, be sure to mention it on your website.

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Marketing Budgeting Events Article 83

Hotelogix

JANUARY 30, 2024

In this blog, we will look at a few important reports that you must always have access to. Additionally, it includes reports on no-shows, occupancy, market analysis, company contributions, business analysis, MIS, and a manager flash report with budget details for comprehensive analysis. Benefits of these reports Here they are.

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Housekeeping Reservations Budgeting Book 148

Modern Restaurant Management

JUNE 10, 2020

What You Can Do with Your Marketing Budget. Budgeting is a tricky one at this time. Should you cut your marketing budget or keep it the same as it was? If you can justify keeping your marketing budget where it is then do so. Although you should examine how your budget is spent. Focus on Digital Marketing.

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Marketing Budgeting Blog Book 206

InnQuest

AUGUST 8, 2023

In this blog, we have curated the top 4 benefits of seasonal pricing for hotels. On the other hand, during off-peak seasons when demand is low, hotels can offer more attractive pricing, attracting budget-conscious travelers who might have otherwise chosen alternative accommodation options. Firstly, What is Seasonal Pricing?

Pricing 220

Pricing Guest Satisfaction Blog Budgeting 220

Revenue Hub

FEBRUARY 15, 2024

In this blog post, we’ll delve deep into why you shouldn’t be afraid to push your room prices higher. By pricing your rooms at a premium, you discourage budget-conscious travelers who might not fully appreciate the unique experience your hotel offers. Average Daily Rate (ADR) is like the heartbeat of a hotel’s revenue strategy.

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Pricing Blog Article Book 98

Modern Restaurant Management

AUGUST 18, 2021

Read blogs, buying guides, and ask experts before finalizing your purchase list. Your budget. Stick to a Budget and Purchase What You Need : While purchasing commercial equipment, there is a high chance of overshooting your budget. Your research should be based on various factors: Size and scale of your operations.

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Budgeting Blog Article Pricing 179

eZee Absolute

DECEMBER 7, 2023

Myth #2: Revenue management is only for mathematics enthusiasts When we talk about aspects like pricing, revenue, or budgeting, many think that it is the job of someone who has a strong grip on mathematics. And this makes the budget players feel that they need a humongous amount of money to reap its benefits. That’s not all.

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Budgeting Pricing Blog Information 98

Revenue Hub

APRIL 19, 2024

Benchmarking is also a valuable tool to track your performance against internal key success metrics, such as your budget and forecast. In this blog post we will explore some common benchmarking mistakes in revenue management and provide guidance on how to avoid them. However, benchmarking effectively is easier said than done.

Pricing 100

Pricing Article Blog Budgeting 100

7 Shifts

APRIL 24, 2020

This blog is dedicated to the hundreds of thousands of restaurant workers struggling in the “new normal” with COVID-19—a collection of strategies, resources, and tips to help you survive and thrive. You can find a full list of financial relief programs at our blog: COVID-19 Restaurant Relief Programs.

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Budgeting Server Blog Information 141

Revenue Hub

APRIL 29, 2024

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date In this blog, we’ll explore CEOs’ top challenges and discuss ways to navigate these complexities successfully. This means addressing critical questions like: Are we on track to meet our budget, and what might derail our progress?

Article 87

Article Blog Budgeting Marketing 87

STAAH

APRIL 25, 2024

In this blog, she unveils her 10 reasons why Delhi remains an enduring source of inspiration and fascination for her. Purvi Ramani, deeply rooted in Delhi, finds herself drawn to the city’s myriad charms and ceaseless energy, offering a tapestry of cultural diversity and contemporary living.

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Budgeting Catering Events Blog 87

Revenue Hub

DECEMBER 14, 2023

In this blog, we analyze three key hospitality trends for 2024 and look at the excitement, challenges, and fears that they may bring along the way. This equals the same number of people saying their travel budgets have been affected by rising costs. Our data also confirms the role that price plays when leaving a review.

Article 92

Article Blog Pricing Budgeting 92

InnQuest

JULY 10, 2023

This informative blog delves into the world of hotel market segmentation strategy, exploring real-world tactics, methods and actionable tips to help connect hotels with their ideal guests. Budget Segment: Budget hotels provide affordable lodging options, catering to frugal travelers, backpackers and those seeking minimal amenities.

Marketing 130

Marketing Catering Budgeting Pricing 130

Modern Restaurant Management

OCTOBER 11, 2021

A niche can be determined by an audience’s location, demographics, psychographics, or budget. You could adjust your menu to fit their budgets and include younger adults in your advertising. You may even want to create a blog as a way to create your own online community. The Advantages of Finding Your Niche.

Marketing 195

Marketing Budgeting Communication Blog 195

Modern Restaurant Management

MARCH 19, 2020

This blog has done a great job of teaching you how to spot fake followers to avoid getting scammed. If you don’t have anything in the financial budget for influencer marketing, there are other non-monetary incentives that you can offer! offer a gift voucher of $100). Be sure to include a stipulation of guidelines (i.e.

Marketing 212

Marketing Blog Accounting Budgeting 212

SiteMinder

NOVEMBER 15, 2022

Within just a few clicks, their search can be narrowed down to a handful of properties, with the top listings benefiting tremendously in shaping their perception of what is available and within their budget. The cost of ads is based on individually defined campaign budgets and bid values. Bid values are within the control of hotels.

Budgeting 105

Budgeting Book Blog Pricing 105

Service that Sells

JANUARY 3, 2023

You’ve probably already started on the New Year’s resolutions you made for your personal life – go the gym, cut the carbs, stick to the family budget, and so on. The restaurant staffing section of our blog is dedicated to helping you meet your staffing goals. Get started with these three resolutions specific to restaurant managers.

Communication 85

Communication Blog Budgeting Training 85

Revenue Hub

JULY 27, 2023

In this blog post, we will delve deep into both these pricing strategies, offering a detailed exploration of how they work, their pros and cons, and the circumstances under which they can be most effectively utilized. Generic room pricing can be applied to any hotel, from a generic budget hotel to a generic luxury hotel.

Pricing 89

Pricing Guest Satisfaction Article Blog 89

Service that Sells

FEBRUARY 13, 2023

If you’re thinking you’d never have the budget for that sort of thing, you’re not alone. Get More Restaurant Management Tips The restaurant management section of our blog is dedicated to helping you meet your leadership goals. A new perspective can open your eyes to aspects of your operation that haven’t been on your radar.

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Server Blog Budgeting Training 95

Revenue Hub

MAY 15, 2024

Self-serving “thought leaders,” employed by tech companies, offer blogs and conference presentations pushing automation RFP responses and AI-powered prospecting, leading to generic, spammy-feeling sales correspondence. Yes, even if their stated budget is lower than your rate ranges.

Events 95

Events Book Training Budgeting 95

7 Shifts

JULY 10, 2020

[Pssst, if this is your first opening, check out our blog on How to Start a Restaurant! ] Set a budget ?? With your goal set, work backwards to determine your budget. Fit Small Business recommends spending a minimum of $6,000 for a restaurant opening, or 20% of your first year’s marketing budget.

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Events Budgeting Reservations Scheduling 140

Hotel Owner

MAY 20, 2024

Hotels can capitalise on this by offering customisable staycation packages that cater to different interests and budgets. This could include blog posts about local attractions, video tours of the hotel and its amenities, and guest blogs featuring local experts.

Travel and Tourism 52

Travel and Tourism Blog Book Events 52

Revenue Hub

NOVEMBER 9, 2023

Subscribe to our weekly newsletter and stay up to date In this blog post, we’ll unveil four essential steps that will not only simplify the process but also unlock new revenue streams. Each has its own demands, booking patterns, and budget constraints. Differentiate Between Group Types Not all groups are the same.

Book 92

Book Pricing Guest Satisfaction Article 92

Revenue Hub

MAY 2, 2023

Ie Is my business ahead or behind your own KPI (often Last Year, Same Point in Time), but this may be budget or forecast. Revenue Managers typically hate being held to budget as they often can have zero or close to zero input into the figures presented. The Conversation: Where am I compared to pace? Will this mean a mailshot?

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Budgeting Article Blog Reservations 76

SiteMinder

OCTOBER 24, 2022

In this blog, we’ll explore the key role of advertising in bringing your hotel success, and how you can make your advertising strategy the best it can be. 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.

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Budgeting Book Blog Pricing 72

Revenue Hub

FEBRUARY 21, 2023

Although SEO works with organic search and is a free traffic source, there is a certain cost associated with the work, effort, budget, and time put into SEO itself. You can leverage blog posts pertaining to the hotel, the area, activities, and local attractions to insert your property into the conversation.

Marketing 84

Marketing Blog Book Article 84

Revenue Hub

SEPTEMBER 12, 2023

In this blog post, we will explore the role of customer segmentation in revenue management and discuss how hotels can effectively implement it to boost their bottom line. Income level: Budget travelers, mid-range, luxury seekers, etc. Gender: Male, female, non-binary, etc.

Pricing 106

Pricing Book Article Blog 106

Lithos POS

OCTOBER 27, 2023

The Offline Point of sale Software A good point-of-sale system is essential for small enterprises on a limited budget. The post Offline POS Software for Small Business appeared first on LithosPOS Blog. This ensures that when the internet fails, your business is not stuck.

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POS Systems Blog Server Budgeting 52

Revenue Hub

NOVEMBER 10, 2022

If you’re like the majority of independent hoteliers, you have a lean marketing budget. Incorporating a hotel blog and FAQ page are surefire ways to boost your hotel’s SEO. NB: This is an article from WebRezPro. Every marketing dollar matters and mistakes can be costly! Subscribe to our weekly newsletter and stay up to date.

Marketing 77

Marketing Book Article Blog 77

InnQuest

AUGUST 3, 2023

This blog emphasizes the importance of guest satisfaction in hospitality industry and discusses various strategies to enhance guest satisfaction. Satisfied guests are more likely to become repeat customers, leave positive reviews and recommend the property to others. Let’s get started! Firstly, Why is Guest Satisfaction Important?

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Guest Satisfaction Book Document Blog 217