article thumbnail

Growing a Restaurant Strategically – The Keys Are Alignment, Timing and Control

Modern Restaurant Management

Typical restaurant KPIs involve monitoring costs around food, labor and supplies, pricing adjustments, table turnover rates during peak periods, customer wait times, promotion effectiveness, brand sentiment on review sites, and training completion rates. Define the one or two KPIs most critical for your top growth goals.

article thumbnail

10 Effective Cost-Saving Strategies for Hotels

Revenue Hub

This approach not only puts hotels at a disadvantage compared to other businesses that have embraced technology but also fails to cater to the ever-more digitally savvy traveller of today. This plan should include a schedule of activities, such as orientation sessions, training, and introductions to key team members.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Understanding automation in the hospitality industry

Les Roches

Let’s explore one such systematic method for implementing automation, from identifying potential areas and selecting suitable technology to employee training. Sometimes simple systems can cater perfectly well to everything you need. New roles may emerge during this process, which can create career growth opportunities.

article thumbnail

Definition of revenue growth strategies

Les Roches

Effective­ leadership and manageme­nt in the sales departme­nt are key as they provide guidance­, training and support to ensure the sale­s team has the right skills and resource­s needed for succe­ss. Training and development of a sales team Sales training can significantly increase ROI (return on investment).

article thumbnail

Worried About High Restaurant Labor Costs? Here are 8 Strategies Saudi Restaurants Can Use to Control Them

The Restaurant Times

While restaurants should readily prepare for the next hospitality crisis, here are some effective ways to reduce restaurant labor costs in Saudi Arabia that one can implement progressively. Cross Train The Employees. Cross-training exercises ensure that all the employees are trained to handle multiple tasks and roles.

article thumbnail

Will the hospitality sector see an end to the cost of living crisis?

Hotel Owner

I left school with good grades and knew I wanted to pursue Catering Management, so I joined a course at Bournemouth College. Our dedication to training and investment in qualifications has paved the way for certain team members to swiftly evolve from trainee supervisors to accomplished leaders and managers.

article thumbnail

Inventory Management Software: Definition, Benefits, and What to Look For

Synergy Suite

Cost Reduction and Waste Prevention By having better visibility into inventory levels and usage patterns, restaurants can identify opportunities to reduce waste and control costs. Some software solutions cater specifically to quick-service restaurants, while others focus on full-service establishments or specialty cuisines.