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Making Workforce and Cost Reduction Part of Revenue Management Mix

Revenue Hub

The post Making Workforce and Cost Reduction Part of Revenue Management Mix appeared first on Revenue Hub. Hoteliers are rethinking their entire labor planning process and finding a lot of success by adopting a flexible schedule strategy. Read rest of the article at Hotel Executive.

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Reducing Operating Costs in Hotels Using Cloud PMS

InnQuest

Operational Cost Reduction Switching to a cloud-based PMS can help hotels reduce their operational costs significantly. The cloud-based system eliminates the need for expensive on-premises hardware and software, which require regular maintenance and upgrades.

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What Restaurant Groups Need to Know about Managing Prescription Drug Expenditures

Modern Restaurant Management

While cost reductions are almost impossible in an environment of double-digit cost increases, it is vital to limit the rate of increase. However, it is not unusual to see a first-time cost reduction of 30% in the Rx expenditure when these strategies are adopted.

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What Can I Do to Reduce My Restaurant Supply and Labor Costs?

Modern Restaurant Management

Working with supply chain experts that provide industry leading technology can put your restaurant on the path to restaurant profitability, cost reduction, well-informed procurement, and automated integration.

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First dual-brand property for avid hotels opens in Suburban Nashville

Hotel Business

Additionally, dual branding has offered cost reduction and operational advantages for IHG owners, namely through streamlined management, housekeeping and front desk functions.

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LuxUrban Hotels Inc. partners with Rebel Hotel Co.

Hotel Business

Rebel Hotel Company is best-in-class and brings a proven record of success in applying its data-driven management solutions to help streamline operational efficiencies, elevate client service and accelerate operating deliverables,” said Brian Ferdinand, chairman/CEO, LuxUrban Hotels Inc.

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Four Ways QSRs MUST Innovate to Outlast the Pandemic

Modern Restaurant Management

Also, ghost kitchens don’t have to worry about foot traffic, so they can be located in less expensive areas that aren’t frequented by locals or tourists (especially since not many people are out and about these days), further reducing costs. Go All In on Digital Delivery.