Modern Restaurant Management

NOVEMBER 18, 2020

Indeed, recent world events have put the kibosh on traditional dining, networking, and events which play a significant role in a company’s business development strategy. Identifying your key audience is an important part of your strategic plan. Why public relations, you ask?

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Strategic Planning Blog Events Business Development 225

Revenue Hub

NOVEMBER 29, 2023

Factors Influencing the Booking Window Events and Festivals: Unexpected events can suddenly increase room demand, creating variable booking windows. For example, an international sports event could spike bookings around ticket release, months in advance.

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Book Pricing Strategic Planning Download 84

Hotel Owner

MAY 13, 2024

However, crafting a successful hotel restaurant requires a blend of strategic planning, culinary innovation, and attentive service. This could involve collaborations with nearby producers, participation in local events, or showcasing regional specialties. Successful hotel restaurants actively engage with their local communities.

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Strategic Planning Special Events Guest Satisfaction Events 52

Revenue Hub

JULY 19, 2023

Subscribe to our weekly newsletter and stay up to date Leverage Dynamic Pricing Strategies Dynamic pricing involves adjusting room rates in real time based on factors such as demand, competition, local events, and historical data. Partner with Local Businesses Develop symbiotic relationships with local businesses.

Pricing 92

Pricing Article Strategic Planning Guest Satisfaction 92

Hotel Business

APRIL 19, 2024

Strategic planning around the logistics of rooms and suites being out of commission ensured minimal disruption to hotel guests. This involved consideration of booking history, the season and local events. Columns were removed from the center of the room to enhance flow and accommodate larger events.

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Strategic Planning Events Book 59

Hotel Owner

APRIL 29, 2024

Whether it’s to pursue new opportunities, consolidate assets, or respond to market shifts, the sale process demands careful consideration and strategic planning. Alongside this, you should forge strategic partnerships and cultivate relationships within the hospitality industry to identify potential buyers and investors.

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Document Pricing Strategic Planning Information 97

Hotel Business

DECEMBER 20, 2022

Kiersten Pearce was promoted to SVP, executive & strategic initiatives. In her new role, she shapes and develops key industry initiatives and ensures alignment and execution on AHLA’s strategic plan and organizational priorities. Kara Filer was promoted to SVP, strategic partnerships and business development.

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Revenue Hub

OCTOBER 11, 2023

Understanding of Context: Humans can understand the broader context, such as cultural nuances, historical events, or local happenings, which might affect revenue. Automation: Routine tasks can be automated, freeing up time for strategic planning. Weaknesses: Prone to Errors: Manual calculations and decisions can lead to errors.

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Training Strategic Planning Pricing Information 87

SiteMinder

FEBRUARY 29, 2024

Key focus areas: Inspiring and leading teams to achieve excellence Strategic planning and innovation in hospitality Ethical leadership and fostering a positive organisational culture “Thanks to SiteMinder, we are now working much more efficiently.

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Training Customer Service Communication Guest Satisfaction 52

Les Roches

MARCH 8, 2024

Thorough research, strategic planning and meticulous preparation are essential to ensure a competitive application and gain admission to your desired program. Researching and shortlisting potential schools A crucial first step in the application process is to fully research the schools you are considering.

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Strategic Planning Hospitality Management Travel and Tourism Budgeting 52

STAAH

MAY 11, 2023

4) Cultural Festivals & Events Onam , the state’s biggest festival, is celebrated with much fanfare and involves elaborate feasts, traditional games, and performances. Demonstrations and performances of the martial art form are often featured in local festivals and events.

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Travel and Tourism Budgeting Business Development Strategic Planning 94

Modern Restaurant Management

OCTOBER 16, 2019

We believe that you need a combination of what we would call the Five Pillars: food, beverage, entertainment, special events, and corporate or group events. A successful food hall begins with understanding the goal of the developer and how it aligns with the strategic plan of the food hall operator. Next is execution.

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Strategic Planning Special Events Definition Marketing 102

Revenue Hub

OCTOBER 23, 2023

To meet business objectives and drive higher revenue and profitability, there are new considerations that today’s revenue managers must account for in their strategic planning. A Revenue manager must constantly adjust pricing strategies based on demand, customer, competitor, and market data to respond to changes in real-time.

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Pricing Book Cost Reduction Strategic Planning 90

Modern Restaurant Management

AUGUST 31, 2021

." The National Restaurant Association will continue to monitor the effect of COVID-19 on the industry in the coming months and plans a full State of the Restaurant Industry Report in early 2022. Irby joined the organization in 2010 and has played an integral role in advancing the strategic plans for both the Association and Foundation.

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Strategic Planning Download Pricing Events 180

SiteMinder

FEBRUARY 14, 2024

Understanding emerging trends helps in strategic planning, ensuring that investments in marketing, renovations, or expansions are aligned with future market demands. Current tourism trends: How to attract international tourists The international travel market is of course, by nature, very complex and diverse.

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Travel and Tourism Marketing Catering Book 59

Modern Restaurant Management

OCTOBER 4, 2023

Overcoming these challenges requires strategic planning, effective utilization of technology, and a focus on candidate experience. Collaborate with local universities, trade schools, and professional organizations to tap into their talent pools through job fairs, career events, or targeted email campaigns.

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Scheduling Communication Strategic Planning Information 88

Les Roches

JANUARY 18, 2024

A CEO holds ultimate decision-making power within an organization, develops strategic plans outlining company goals, and works closely with other top-level executives while overseeing day-to-day business activities to ensure alignment with broader objectives.

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Accounting Business Development Bookkeeping 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. These promotions can be tailored to specific days of the week or events. Are there underperforming items that could be improved or removed?

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POS Systems Pricing Training Reservations 52

Les Roches

DECEMBER 27, 2022

They plan, project manage, monitor, and direct day-to-day business development activities and coordinate across different departments. They use their business intelligence and strategic planning to get the best out of an organization’s systems and people. Director of Business Operations responsibilities.

Communication 52

Communication Hospitality Management Strategic Planning Budgeting 52

Les Roches

MARCH 6, 2024

Consider pursuing a bachelor’s degree or additional education to gain relevant knowledge and skills in areas such as branding, consumer behavior, market research and strategic planning.

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Marketing Communication Brand Management Information 52

Les Roches

JANUARY 19, 2024

Why do you need a hotel business plan? Similar to how architects create blueprints before constructing a building, it’s essential to have a strategic plan when starting a hotel business. It provide­s guidance for your actions and decisions as you take the project forward.

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Marketing Book Accounting Procurement 52

Xotels Hotel Revenue Management

MARCH 4, 2020

These include team-building retreats, corporate meetings and events, offering a coworking space for self-employed people and small businesses, corporate events and meetings, and, of course, weddings. For instance, a long-stay package can target retirees, including activities like a museum visit, walking tours, and food tasting events.

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Blog Pricing Training Accounting 52

Lithos POS

DECEMBER 19, 2023

Like all the business the business model also needs strategic planning to succeed. The fast food industry is going through a boom period. Management has a crucial role in the success of a business. Becuase there are so many challenges that can make you fail.

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Front of House Scheduling Communication Bookkeeping 52

Metasphere

APRIL 3, 2022

Entertainment/Events. In addition, hoteliers can use it for marketing purposes as well as aiding in strategic planning efforts. Interests If you want to create truly personalized e-mails, then you need to learn as much as possible about your guests. Knowing their interests will help you communicate on a more personal level.

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Information Communication Definition Book 52

Les Roches

JANUARY 11, 2024

Seasonal sale­s like holiday promotions or end-of-season cle­arance events can significantly boost sale­s. Maximizing profit margins through effective planning and analysis One of the­ most important goals for any business is to maximize profit margins, which re­quires strategic planning and careful analysis.

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Definition Pricing Training Marketing 52

Les Roches

JANUARY 8, 2024

Diverse career opportunities: Explore a vast array of career paths, from hotel management to event planning and emerging roles in tech-driven startups. Successful transitions in automation in the hospitality industry require strategic planning and seamless integration.

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Housekeeping Training Hospitality Management Travel and Tourism 52

Les Roches

DECEMBER 28, 2022

Whether it’s a restaurant, hotel, or events company, digital transformation is a vital component for modern, thriving businesses. You’ll also gain sought-after skills, like effective leadership, revenue management , and strategic planning that are all vital to help any hospitality business innovate and excel.

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Book Customer Service Information Concierge 52

Xotels

APRIL 3, 2024

Advance Sales: The hotel product, represented by rooms, can be sold in advance, enabling revenue managers to strategically plan and optimize occupancy levels over time. Revenue management strategies typically include decisions based on historical booking data, competitor pricing, seasonal trends, local events, and customer behaviour.

Pricing 52

Pricing Book Budgeting Marketing 52

Les Roches

OCTOBER 23, 2023

There are many roles in hospitality management that allow you to work as part of the fast-paced world of sales operations and marketing campaigns, such as sales manager, event management or marketing manager. They also research strategies and analyze the success of previous sales and marketing programs to make new strategic plans.

Marketing 52

Marketing Strategic Planning Travel and Tourism Guest Satisfaction 52

Synergy Suite

DECEMBER 5, 2023

Managing Risk and Uncertainty In the restaurant industry, where external factors like seasonality and unforeseen events can impact business, reaching the break-even point offers a measure of financial security. It allows you to weather downturns and strategically plan for the future.

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Pricing Budgeting Information Marketing 52

Modern Restaurant Management

DECEMBER 3, 2020

Wescott’s career with Fuzzy’s Taco Shop began in January of 2018 as the Executive Vice President of Finance, where her responsibilities included strategic planning, finance, technology, and marketing. "ezCater's platform provides effortless online ordering and exceptional customer service." ”

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Catering Marketing Multi-Unit Operations Events 165

Modern Restaurant Management

JANUARY 23, 2023

It is an ongoing process at La Vida nurtured through a series of programs, events, and celebrations to facilitate these connections and prove it to our staff. Third, we include Team Development in all of our strategic plans and budgets. We want to build up how much people care about each other.

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Budgeting Strategic Planning Communication Definition 197

Modern Restaurant Management

MARCH 7, 2020

Voters in the Flavored Nation State Dish Showdown are automatically entered for a chance to win two tickets to a Flavored Nation 2020 event, plus airfare, hotel accommodations and $2,500. The Flavored Nation event celebrates each iconic state dish and gives attendees the opportunity to sample them all in one place.

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Business Development Marketing Events Strategic Planning 129

STAAH

MAY 16, 2023

This expectation relies on understanding your hotel’s occupancy data, revenue, room rate and average spend per room for the last couple of months and in the same period the previous year, as well as looks at demand and events. Overall, hotel room pricing is a complex process that requires careful analysis and strategic planning.

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Pricing Book Strategic Planning Blog 85

Xotels Hotel Revenue Management

APRIL 3, 2024

For analysing market situations, the demand calendar includes key indicators such as RevPAR (Revenue Per Available Room) and demand levels from the previous year, along with factors like groups or events, bank holidays, school holidays, and exceptional demand indicators for the current year.

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Pricing Book Marketing Information 76

Modern Restaurant Management

MAY 28, 2021

Clean Juice®, honored its franchise partners during its annual Juicey Awards event. Founders Landon and Kat Eckles kicked off the event by welcoming all franchise partners and home office team members and outlining another record-setting performance in 2020 in which they served more than 2.2 Clean Juice Celebrates Franchisees.

Marketing 189

Marketing Training Health & Safety Scheduling 189

Xotels

NOVEMBER 23, 2023

Main responsibilities: Set yearly revenue targets, upgrade hotel standards, liaise with sales & marketing manager on departmental strategy, conduct interviews, project business opportunities, and develop formal training plans.

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Housekeeping Maintenance Article Concierge 40