even-better-guide-to-tax-season 
Revenue Hub
FEBRUARY 20, 2024
Our experience shows many hotels bounced back to 2019 RevPar and even exceeded it by 15 to 40% as early as 2021. Common hotel revenue sinkers include selling inventory too soon and too low – spillage – or not selling enough during high demand, leaving you with last-minute discounts. For example, guest behavior has changed.
Revenue Hub
JANUARY 10, 2023
This article offers a guide to revenue management analysis to give you ideas on improving your hotel’s profitability. Insurance and taxes. It’s not just about looking at the numbers: it’s about understanding why those numbers exist in the first place. Subscribe to our weekly newsletter and stay up to date. What Is Revenue Management?
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EATER
JULY 22, 2020
Closing dining rooms once cost a lot of money, but closing twice could be even worse At Twisted Soul Cookhouse and Pours in Atlanta, masked servers whisk plates draped in plastic to socially distanced tables separated by plastic screens, all beneath the hum of a ventilation system upgraded with UV filtration.
The Restaurant Times
AUGUST 5, 2022
With accurate accounting methods, you can have a much better understanding of the ins and outs of your business and discover new trends in your industry. Even though the number of sales your restaurant makes is crucial for its success, your expenses relative to those sales determine the actual profits. Deeper Insights. Labor Costs .
OpenTable
OCTOBER 20, 2023
With this guide, we walk you through the key steps to turn your restaurant dream into a successful reality. Market research Before you even think about the menu or location, you need to understand the guests who will walk through your doors. Are you targeting families, young professionals, or a little bit of everything?
Synergy Suite
AUGUST 17, 2022
Better Customer Service. Naturally, this leads to a better experience for your customers. Anyone close to the food service business knows that accurate prediction means a better bottom line. What’s the most important prerequisite for running a high-quality food service establishment? Is it the food? Is it customer service?
Synergy Suite
NOVEMBER 30, 2023
They serve as a compass, guiding decisions on pricing strategies, menu development, and staffing levels, ultimately influencing the delicate balance between offering high-quality cuisine and ensuring the establishment’s profitability. What Are Prime Costs?
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