Modern Restaurant Management
MARCH 15, 2023
Dynamic pricing would add friction to the guest experience, according to Capterra’s 2023 Dynamic Pricing in Restaurants. Sixty-five percent of consumers say dynamic pricing would make the decision of where and when to eat more difficult; 63 percent say it would make it harder to budget their restaurant spending.
Revenue Hub
NOVEMBER 30, 2022
With the industry still recovering from the pandemic and inflation impacting both revenues and operational costs, what should budget 2023 consider? The unprecedented volatility has made the task of budgeting for 2023 daunting. Let’s look at a few areas you should think about when preparing the annual budget for your hotel.
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STAAH
NOVEMBER 29, 2022
With the industry still recovering from the pandemic and inflation impacting both revenues and operational costs, what should budget 2023 consider? The unprecedented volatility has made the task of budgeting for 2023 daunting. Let’s look at a few areas you should think about when preparing the annual budget for your hotel.
Hospitality Magazine
MARCH 27, 2024
And while each wine has been meticulously selected, bottles at Hunters Hill Wine Room cover a wide range of price points to suit every budget. .” The store is stocking a range of both local and international wines that will constantly evolve as well as more unique drops from South America, Sicily, Portugal, and Hungary.
Modern Restaurant Management
OCTOBER 24, 2022
In response, consumer searches for budget-friendly dining and grocery options are higher than Q3 2021. “Yelp data shows that food businesses and restaurants across the country have seen some of the highest increases in inflation mentions,” Pria Mudan, data science leader at Yelp, told Modern Restaurant Management (MRM) magazine.
Modern Restaurant Management
MAY 22, 2023
Promotions and loyalty programs are necessary to convince Americans to dine out more frequently, according to new research from Provoke Insights and Modern Restaurant Management (MRM) magazine. It’s no surprise that inflation is taking a toll on the restaurant industry and Americans are noticing the price increases.
Hospitality Magazine
FEBRUARY 6, 2023
People will adjust their budgets and choices, and you’re flexible enough to meet them with fresh new offers. A digital menu gives you endless flexibility to experiment with new dishes, drinks and pricing. If something doesn’t work, it’s gone in minutes, or you can raise the price if it’s a success. Upgrade your menu.
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