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10 powerful strategies to maximise your hotel revenue in 2024

STAAH

In this blog, we share some simple tactics and ideas that can boost your hotel’s revenue. Ancillary services such as restaurants, spa treatments, meetings and event spaces can generate more profit for your hotel. More importantly services such as restaurants, spas and events can broaden your target audience to include locals.

Pricing 84
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A Guide to the Role of a Restaurant Manager: Duties, Daily Routine, and Essential Skills

7 Shifts

Managing a restaurant is a delicate routine—if we can even call it a routine. Managers are responsible for nearly every aspect of the restaurant and have to cover a variety of duties. In addition to their main duties, restaurant managers also have to contend with all the unwritten or hidden responsibilities that fall on them.

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Labor Cost Percentage for Restaurants: The Ins and Outs

Synergy Suite

Running a successful restaurant goes beyond crafting delectable dishes and providing excellent service; it involves strategic financial management, with labor costs being a crucial aspect, that includes the intricacies of labor cost percentage. Restaurant labor cost percentage is a bit different than just plain old restaurant labor cost.

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Understanding EBITDA for Restaurant Owners

Synergy Suite

Running a restaurant involves more than just creating delicious dishes and providing excellent service. It may sound complicated but, in this chapter we’ll dive deep into what EBITDA is, why it’s important for your restaurant, and how you can use this metric to gauge and improve your business’s financial health.

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Top Tactics to Drive Direct Bookings at Your Hotel

Revenue Hub

The last few years have seen major shifts within the hospitality industry. There are multiple ways to tailor that experience, including but not limited to adaptable blog content, intent-driven offers and other personalized perks. This will ensure your hotels are at the top of the search list every time.

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Restaurant Scheduling Software: Why and What to Look For

Synergy Suite

Every restaurant business wants to ensure that their employees are satisfied. One of the most important factors that determine their satisfaction is how they are scheduled: how many shifts they’re scheduled for, how long the shifts are, how often they change without much notice, and more.

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Restaurant Sales and Revenue Data: What It Is, and How to Use It

Synergy Suite

Revenue is the lifeblood of any restaurant business. Just like with any business, understanding and effectively managing restaurant sales and revenue is crucial for long-term success. Once you have that information, we’ll share what to look for in revenue data, common trends, and the importance of comparative analysis.