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What Restaurants Need to Know About PPP Forgiveness, Including Recent Changes 

Modern Restaurant Management

If they are paying their workforce, they most definitely are doing so with a reduced headcount. Companies depend on the strength of their balance sheet and reserves and in a situation as severe as the pandemic, it may have made more business sense for them to hold on to the PPP funds received. With crisis, comes opportunity.

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What is Hotel Revenue Management?

Xotels

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

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The “Why?” Is So Important: Use Data to Reach Actionable Insights

Revenue Hub

And while hospitality professionals have built up enough know-how to drastically cut back on the need to ask why for most subjects, tapping into that childlike curiosity when working with data and developing strategic plans is actually an important skill to refine. Using “why?”

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Maximizing Revenue per Seat (Average Cover) for Your Restaurant

Synergy Suite

Here we will delve deep into the concept of revenue per seat, exploring what it is, why it’s important, and how you can strategically increase it to drive higher profits for your restaurant. It helps you identify trends, measure the impact of pricing changes, and assess the success of marketing initiatives.

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What is Hotel Management?

Xotels

Hotel Management: Always talks about hospitality in accommodation Hospitality Management: Usually refers to a broader definition, incl. For a comprehensive understanding of the definition of hospitality management , read our full article. restaurants, bars, etc.

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What is Hotel Management?

Xotels

Hotel Management: Always talks about hospitality in accommodation Hospitality Management: Usually refers to a broader definition, incl. For a comprehensive understanding of the definition of hospitality management , read our full article. restaurants, bars, etc.

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How to Start a Hotel Business

Xotels Hotel Revenue Management

It is definitely one of the most rewarding jobs when it comes creating moments that will make people happy. Guests can always bring out points of improvement, and acting on it will definitely put you ahead of the game. Everything is true, and even more when you’re in charge of a hotel. Multi-tasking. Distribution (e.g.