Modern Restaurant Management

JANUARY 23, 2024

In fact, according to the Business Research Company’s 2023 Food and Beverages Global Market Report, the global industry’s market size grew over 7.3 Invest in Market Research Understanding not only the habits and behaviors of your consumers, but also your competitors is critical knowledge in a crowded marketplace.

Procurement 195

Procurement Accounting Marketing Training 195

Hospitality Magazine

APRIL 10, 2024

Jose Luis Hermoso, IWSR Research Director for Central and South America, said these factors will see agave proves continue to fall. After several years of robust double-digit increases, overall tequila consumption volumes grew by only four per cent in the US during the first half of 2023, according to IWSR data.

Pricing 130

Pricing Marketing 130

Modern Restaurant Management

SEPTEMBER 20, 2021

To answer the question, RMS conducted online ordering behavior research, the first of its kind, in conjunction with the University of South Florida’s Center for Marketing and Sales Innovation (CMS I) and using TGI Fridays’ online menu. So how can restaurant operators increase the profitability of online menus? Suggestive Selling.

Marketing 195

Marketing 195

Modern Restaurant Management

OCTOBER 24, 2023

Instead, two recent research reports, The State of Third -Party Delivery and The Biggest Consumer Insights Trends of 2023 (So Far) , shed light on how delivery has become a preferred dining option for many consumers and an important part of the omnichannel restaurant customer journey that brands can’t afford to overlook.

Pricing 195

Pricing Marketing Customer Service Scheduling 195

SAS

MAY 1, 2023

Research Scientist and Professor Alex Hearn of the Galapagos Science Center hoped that a team of SAS analytics volunteers would be able to answer that by analyzing data he has collected over nearly two decades. Visualizing new ways to protect sharks with data and analytics was published on SAS Voices by Evan Markfield

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Modern Restaurant Management

OCTOBER 10, 2023

noted RJ Hottovy, Head of Analytical Research at Placer.ai. and coming in less frequently after 8 p.m.,” The report looked at trends at The Capital Grille, Ruth’s Chris Steak House, Cooper’s Hawk, Saltgrass Steak House, Fogo de Chão, Eddie V’s Prime Seafood.

Scheduling 188

Scheduling Reservations Marketing 188

Modern Restaurant Management

APRIL 17, 2024

Restaurants need to take this data as a signal and think twice about pricing increases. Based on our research, we know that customers will pay premiums for conveniences such as delivery because it betters the customer experience. Restaurants need to take this data as a signal and think twice about pricing increases.

Pricing 192

Pricing Information Communication Magazine 192

Hotel Business

MARCH 12, 2024

Recent research commissioned by the AHLA Foundation , the charitable arm of the American Hotel and Lodging Association (AHLA), projects robust demand for hotel industry jobs over the next five years, outpacing overall market job growth. The hotel industry currently employs 1.8 million workers in the U.S.

Marketing 111

Marketing 111

Revenue Hub

APRIL 2, 2024

The Power of Insights and Technology Enter the era of insights and technology, where data analytics, artificial intelligence (AI), and digital marketing tools support the quest for guest acquisition. The Power of Data and Market Research In the age of information, data reigns supreme.

Guest Satisfaction 95

Guest Satisfaction Marketing Article Blog 95

Modern Restaurant Management

MAY 12, 2022

The team utilized a variety of data sets including Google search trends, Google Adwords and sales information for the research. Google Trends data shows that the relative popularity of veganism has plunged over the last couple of years in the United States.

Information 195

Information 195

Hotel Owner

NOVEMBER 9, 2023

Some 61% of UK travellers have reported that they consider sustainability when planning their holidays, according to new research from InsureandGo. The research was based on a survey of over 2,000 holidaymakers who were asked how they address the climate emergency in the context of overseas travel.

Travel and Tourism 97

Travel and Tourism 97

Modern Restaurant Management

JULY 16, 2020

To find clarity, restaurants should consider turning to data and research to answer big questions on when customers will return, how to customize menus to capture every sales opportunity, as well as minimize supply chain disruptions resulting from the pandemic. The odds are humbling.

Information 130

Information Catering Accounting 130

Modern Restaurant Management

FEBRUARY 14, 2022

Think about it: you can’t possibly know what your restaurant is up against unless you do your research. Research, in this case, involves visiting, eating at, and making copious notes about the other restaurants in your area. And research is the lifeblood of a restaurant pitch to investors.

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Pricing Information Marketing Catering 229

Modern Restaurant Management

JULY 21, 2022

According to new data from Cision, 18 percent of journalists consider their relationships with PR professionals more valuable than last year. PR practitioners understand the tight deadlines and will move fast while providing data, expert sources, and coordination. Provide Quality Data and Sources. Engage in Media Training.

Training 131

Training Scheduling Communication Presentation 131

Modern Restaurant Management

JULY 26, 2021

According to NPD Group data, takeout and delivery orders have increased dramatically, with takeout jumping from 18 percent to 60 percent within the FSR segment from 2019 to 2020. Tork research uncovered that as we emerge from COVID-19, 60 percent of restaurant patrons will have higher expectations of restaurants’ hygiene standards.

Sanitation 201

Sanitation Communication Information 201

Hospitality Net

JANUARY 15, 2024

To help hotel developers and investors with their due-diligence process, CBRE Hotels Research collected more than 20 years, and analyzed ten years, worth of hotel key performance indicators (KPIs) disclosed in the SEC filings of six large public companies: Choice, Hilton, Hyatt, IHG Hotels & Resorts, Marriott and Wyndham.

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InnQuest

MARCH 9, 2023

Improved accessibility: Another key benefit of the cloud is allowing remote access to your data and applications. Enhanced security: Despite some concerns over data security in the cloud, many providers offer robust security measures to protect your data.

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Server Demo Budgeting Property Management 222

Boutique Hotel News

NOVEMBER 14, 2022

UK: International Hospitality Media , the publisher of Boutique Hotel News, has appointed Mark Harris as head of research. Harris added: “There’s never been a greater need for detailed insight into the trends driving extended stay, and for robust data to support decision making.

Marketing 130

Marketing Events 130

Modern Restaurant Management

NOVEMBER 30, 2023

By investing in a data-driven POS platform, restaurant operators can address labor challenges, fine-tune their stock management, design promotions based on current trends, reduce human error and more. This shift underscores the evolution of POS systems from mere transactional tools to comprehensive data hubs.

POS Systems 128

POS Systems Training Scheduling Customer Service 128

Modern Restaurant Management

APRIL 9, 2024

Currently, restaurants are leveraging AI in various aspects of their operations, including customer service, marketing, operations management, and data analysis. Additionally, we asked operators to list what AI solutions they have researched and many could not specify any tools.

Customer Service 190

Customer Service Reservations Scheduling Catering 190

Industry Insights Lodging Magazine

SEPTEMBER 29, 2023

That’s according to recent research commissioned by AHLA Foundation and conducted by Penn State’s School of Hospitality Management. The 2022 data set analyzed 230 […] The post AHLA Foundation: Hotel Industry Board Seats Are Becoming More Diverse appeared first on LODGING Magazine.

Hospitality Management 117

Hospitality Management Magazine 117

Revenue Hub

MARCH 5, 2024

Many leaders also worry about the downtime associated with implementing new systems, the potential for data loss during the transition, and the steep learning curve for employees. Legacy systems often contain years, if not decades, of accumulated knowledge and data critical to hotel operations. These concerns are all valid.

Maintenance 93

Maintenance POS Systems Book Article 93

Revenue Hub

OCTOBER 4, 2023

We delve into the different attribution models available in Google Ads and offer valuable insights on what hoteliers should be cautious of when working with agencies that may use tactics to inflate conversion data for their own benefit. It’s adaptive and dynamic but requires a substantial amount of data to perform optimally.

Marketing 84

Marketing Book Article Budgeting 84

Hotelogix

OCTOBER 10, 2023

Data, Analytics and Visualization After all, who doesn’t want error-free judgment and pitch maps and real-time analytics! Give me data visualization - give me the Wagon Wheel over a three minute commentary of how specific batsmen scored their runs, or which part of the grounds saw most boundaries, and so on.

Information 130

Information Pricing Definition Presentation 130

Revenue Hub

APRIL 24, 2024

As a result, new global research from Amadeus has revealed a strong appetite to spend. In order to maximize revenue across the business, hoteliers should focus their budget on elevating the guest experience using advanced reservations, distribution, marketing, and data services.

Book 88

Book Reservations Article Information 88

Modern Restaurant Management

DECEMBER 20, 2023

According to research, the majority of customers are interested in ordering seasonal items. Research indicates that over 70 percent of customers prefer ordering from restaurants actively engaged on social media platforms. Influencers can be powerful advocates for restaurants.

Reservations 195

Reservations Marketing Information 195

Modern Restaurant Management

FEBRUARY 20, 2023

With a strong, data-driven foundation and a robust omni-channel strategy, restaurants can increase profits while navigating labor shortages and rising food costs. Prioritize First-Party Data Using data to learn about customers is the only way to personalize customer experiences and change their behavior.

Information 167

Information Marketing 167

Lodging Magazine

DECEMBER 9, 2022

The company released research including unpacked data found throughout the previous year with sentiments from consumer surveys taken across the globe. Recent Tripadvisor research found that “Relax and Rejuvenate” was the main trip purpose for 50 percent […].

Magazine 111

Magazine 111

Modern Restaurant Management

MARCH 4, 2024

The data analytics firm did some decoding by asking 330-plus restaurant consumers what app features were most valuable – and what turned them away. According to our research, the investment in personalization pays off. As traffic slows, how do restaurant operators keep and capture customers?

Catering 195

Catering Training Pricing 195

Les Roches

JUNE 29, 2023

Working with user experience (UX) developers UDIMU and non-fungible token (NFT) experts Quantum on the research and development project, the students were challenged to explore the hospitality market readiness for using blockchain and digital art in the form of NFTs in hotels.

Presentation 98

Presentation Communication Marketing 98

Modern Restaurant Management

OCTOBER 16, 2023

Restaurant research firm Technomic says they don’t foresee the number of restaurants in the U.S. With those stats in mind, Causeway Solutions conducted consumer research* on today’s dining trends compared to our research over the past few years. returning to pre-COVID levels even by 2026. Remember 2020?

Pricing 211

Pricing Catering Article 211

Hospitality Net

SEPTEMBER 27, 2023

Undertaken collaboratively by teams from the SHTM’s Hospitality and Tourism Research Centre and the Council, the WTTC–SHTM Global Retail Tourism project offers critical data-driven insights into the key trends, challenges and opportunities shaping retail tourism in the post-pandemic era.

Travel and Tourism 95

Travel and Tourism 95

Modern Restaurant Management

FEBRUARY 27, 2024

.” One result of the pandemic is that consumers have increased the amount of time they spend online and are spending more time researching businesses online before engaging offline. With new features for businesses, consumers expect to research, weigh options, and make appointments online first.

Information 187

Information Special Events Marketing Training 187

Modern Restaurant Management

APRIL 16, 2024

Every year marketers spend hundreds of thousands of dollars on research, analyst reports, focus groups, and carefully crafted persona-inspired messages to improve CX and drive revenue. But what if you could ask those survey questions in real time to real customers? What if you had thousands of customer voices at your fingertips?

Customer Service 108

Customer Service Accounting Marketing 108

Hospitality Net

JANUARY 15, 2024

Latest flight booking data from the World Travel & Tourism Council (WTTC) and its knowledge partner ForwardKeys, shows France is set to keep its pole position as the world’s most popular destination for international arrivals this year.The research reveals a positive outlook for France’s inbound travel, with arrivals set to almost reach pre-pandemic (..)

Travel and Tourism 73

Travel and Tourism Book 73

Hotel Owner

APRIL 6, 2023

Nearly 60% of consumers said that they were likely to stay in a pub with rooms according to data from CGA Strategy and Stay In a Pub. Research also showed that 60% of people who have stayed in a pub in the last 24 months say that they would prefer pub stay versus other types of accommodation for the same spend and location.

Book 105

Book Marketing 105

Modern Restaurant Management

MAY 31, 2022

More industries are becoming highly data-driven and the restaurant industry is no exception. Big data may seem like a tech-savvy buzzword, but it's a hot topic of conversation for a good reason. One helpful reporting practice is determining how often to pull reports and which data reports are most valuable.

POS Systems 195

POS Systems Download Reservations Training 195