InnQuest

SEPTEMBER 5, 2023

It involves tracking and controlling inventory in real-time, making informed decisions on pricing, room allocation and availability, and ensuring that the right resources are available at the right time. Effective management ensures that rooms are allocated efficiently and priced competitively. Maintenance and scheduling are crucial.

Guest Satisfaction 218

Guest Satisfaction Maintenance Pricing Book 218

Modern Restaurant Management

JUNE 21, 2023

When introducing new menu items to a menu category, they must be priced at the average profit from that menu category + the recipe cost of goods sold (COGS), and then rounded off to the next half dollar. Round up to the next half dollar and the menu price should be set at $12.50 to ensure you haven’t compromised profitability.

Maintenance 180

Maintenance POS Systems Pricing Presentation 180

Hotel Business

AUGUST 11, 2023

Inflation and the cost of food/beverage are the highest I have seen over the last year. Paying folks higher wages from the farm or field producer to the table is also pushing prices higher. Still, sometimes an issue is supply chain and disruption that may cause a menu or simply getting new China or glass in a timely manner.

Maintenance 52

Maintenance Catering Pricing Budgeting 52

Hotel Owner

OCTOBER 12, 2022

Almost all of our hotels are still on fixed price energy contracts, which were put in place prior to the dramatic increases we saw earlier this year, which has meant they have been protected for now. Ultimately, we see the cost-of-living crisis as an impact on the P&L through numerous costs inflating – be that food, beverage, linen etc.,

Marketing 105

Marketing Procurement Housekeeping Facility Management 105

The Restaurant Times

OCTOBER 5, 2020

Gross Revenue is the sales revenue generated by selling food, beverages, and merchandise plus additional gains, i.e., income from a transaction that doesn’t come from regular business operations. This includes the cost of ingredients, rent, equipment, depreciation, interest and taxes, repairs, wages, utilities, and maintenance.

POS Systems 52

POS Systems Portion Control Training Procurement 52

Modern Restaurant Management

JULY 1, 2021

Price sensitivity has increased, as have concerns over the economy and our own personal finances. Consistently, a growing number of respondents believe restaurant prices are higher, moving from 34 percent in November 2020, to 35 percent in February 2021, to 46 percent in May. percent increases. ‘ For more information, click here.

Marketing 154

Marketing Download Maintenance Reservations 154