Modern Restaurant Management

JULY 24, 2020

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.

Cost Reduction 210

Cost Reduction Strategic Planning Pricing Definition 210

Revenue Hub

JUNE 28, 2023

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?”

Strategic Planning 82

Strategic Planning Housekeeping Article Book 82

Metasphere

APRIL 3, 2022

Well, let's take a look at this definition: Guest data is non-public, personally identifying information of or related to a Guest, which information includes, without limitation, credit and/or debit card and/or any other payment method details, name, company name, address, phone number and e-mail address of the Guest. What Is Guest Data?

Information 52

Information Communication Definition Book 52

Xotels

APRIL 3, 2024

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?

Pricing 52

Pricing Book Budgeting Marketing 52

Synergy Suite

DECEMBER 7, 2023

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. Reservation Systems: If your restaurant accepts reservations, integrate reservation data into your analysis.

POS Systems 52

POS Systems Pricing Training Reservations 52

Les Roches

DECEMBER 28, 2023

” Overview Definition of hotel management and culinary arts Hotel management concerns itself primarily with running establishments where accommodation is offered, which is usually a hotel or a similar operation.

Housekeeping 52

Housekeeping Training Hospitality Management Accounting 52

Xotels Hotel Revenue Management

SEPTEMBER 1, 2020

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. Sales reservation fees. Everything is true, and even more when you’re in charge of a hotel. Royalty fees.

Definition 52

Definition Marketing Budgeting Article 52