Remove management reservations-vs-walk-ins
article thumbnail

9 Common Myths About Hotel Revenue Management. Let’s Debunk Them.

eZee Absolute

Revenue management (RM) is supremely necessary for hotels. I kid you not, most of the hotels refrain from opting for any sort of revenue management services. The hotel revenue management myths that are swirling around are the real reasons hotels are so skeptical about it. Do not shy away from revenue management.

article thumbnail

Getting Your Hotel Ready for Autumn Bookings

Revenue Hub

Travel demand is looking strong since June up until September 2023, with recent analysis showing pickup of 23% in June 2023 vs June 2022. million tourists arriving in May alone, while some hotel groups said reservations were slow in the first weeks of summer due to the steep rise in room prices.

Book 65
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Guide to Suggestive Selling For Restaurant Owners and Employees

7 Shifts

In the restaurant industry, every bit counts. In this blog post, we will discuss suggestive selling and how it can improve your restaurant's bottom line. Suggestive Selling vs. Upselling vs. Cross-selling. In hospitality, the goal should always be to “wow” the guest. What is suggestive selling?

Server 147
article thumbnail

FOH Meaning: What it is and How it’s The First Line in Customer Satisfaction

Synergy Suite

Welcome to the world of front of house (FOH) in the restaurant industry! Did you note the positive and enthusiastic way in which we greeted you? Whether you’re a seasoned pro or new to the restaurant business, understanding the ins and outs of the front of house operations is key to running a successful establishment.

article thumbnail

The Guide to Suggestive Selling For Restaurant Employees

7 Shifts

In the restaurant industry, every bit counts. In this blog post, we will discuss suggestive selling and how it can improve your restaurant's bottom line. Suggestive Selling vs. Upselling vs. Cross-selling. In hospitality, the goal should always be to “wow” the guest. What is suggestive selling?

Server 78
article thumbnail

12 Best Ways To Get Your Restaurant Noticed

7 Shifts

From stand-out social media accounts, to good old-fashioned mail marketing, we'll walk you through 12 unique customer-driving ideas! From managing your budget to accounting and bookkeeping for national holidays and events, this document will be your year-long guide to tracking your restaurant's promotional strategy.

article thumbnail

Hotel rate management: Best software to use

SiteMinder

What is hotel rate management? Hotel rate management is the process of strategically pricing rooms to attract guests while also maximising revenue. It’s not just about setting the right price, but also about adjusting it in response to market changes. Table of contents Why does hotel rate management matter?

Pricing 59