Serviced Apartments

FEBRUARY 13, 2024

The financial investment is set to power the Bob W brand to further develop its technology, as well as support fast-paced growth throughout Europe, where it currently operates design-led, sustainably-focused, full-service aparthotels in 10 countries and 17 cities. At Bob W, we are leading this category.

Customer Service 52

Customer Service Procurement Information Marketing 52

Synergy Suite

NOVEMBER 30, 2023

Prime costs are a critical component of your restaurant’s profitability, and mastering them is essential for long-term success in the competitive food service industry. What Are Prime Costs? In essence, prime costs encapsulate the direct expenditures tied to creating the culinary offerings that grace a restaurant’s menu.

Portion Control 52

Portion Control Scheduling Pricing Training 52

Modern Restaurant Management

AUGUST 10, 2021

Given the financial battering that they have already suffered due to the pandemic, there are quite a few outfits, especially the small-scale eateries, that simply cannot afford these additional costs and face the very real threat of being out of business soon. With this information planning becomes more sensible and projections more accurate.

Customer Service 236

Customer Service Pricing Information Marketing 236

Synergy Suite

DECEMBER 5, 2023

To navigate this complex landscape successfully, restaurant owners need to be savvy not only in the culinary arts but also in financial management. One fundamental financial concept that can make or break a restaurant’s bottom line is the “Break-Even Point.” ” What is the Break-Even Point?

Pricing 52

Pricing Budgeting Information Marketing 52

7 Shifts

APRIL 3, 2020

Psst, even outside of these extraordinary times, this information is also valuable for any restaurateurs that are looking to optimize their operations and get a handle on what they can and cannot control in order to reduce monthly expenses in their restaurant. For example, you might notice that you’re spending an inordinate amount on napkins.

POS Systems 147

POS Systems Cost Reduction Pricing Download 147

Synergy Suite

AUGUST 17, 2022

In its seventh edition, SaaS Awards categories include “Best SaaS for Productivity,” “Highest Customer Satisfaction in a SaaS Product,” and “Best Product for Financial Services.”. Categories range from Best Enterprise-Level SaaS to Best UX or UI Design in a SaaS Product.??. About SynergySuite.

Scheduling 40

Scheduling Catering Information Blog 40

Synergy Suite

JANUARY 12, 2024

By leveraging data, restaurant owners and managers can uncover trends, forecast future performance, and make informed choices about their business strategies. Financial Management In the competitive restaurant industry, effective financial management is crucial for sustainability and growth.

POS Systems 52

POS Systems Information Pricing Accounting 52

Revenue Hub

OCTOBER 31, 2023

The 2020 COVID-influenced lodging industry recession resulted in some noticeable changes to the way hotels provide food and beverage (F&B) service. full-service, resort, and convention hotels that participated in CBRE’s annual Trends ® in the Hotel Industry in 2021 and 2022.

Beverage Operations 88

Beverage Operations Article Catering Pricing 88

Modern Restaurant Management

AUGUST 17, 2020

Both sides agreed that a negative take-out experience – ranging from a reduced menu to poor service – was a deal-breaker. Restaurants vs. delivery services. Financial Trend Insights from Black Box Financial Intelligence™ (based on data from the week ending August 2).

Download 193

Download Marketing Information Sanitation 193

EATER

NOVEMBER 19, 2020

According to the Idaho Department of Labor , initial unemployment claims in food preparation and service-related occupations — the hardest hit of all categories — totaled nearly 23,000 between mid-March and mid-October. Note: Due to the pandemic and the winter season, restaurant hours and level of service may vary.

Pricing 109

Pricing Information 109

Modern Restaurant Management

DECEMBER 21, 2023

Savvy food and beverage professionals are recognizing the craft beverage category as a gateway to loyal, higher-value customers. With responsible on-demand pay, employers can give all employees more control over their financial wellness and simultaneously reduce the pressure on payroll professionals caused by increased turnover and new hires.

Marketing 120

Marketing Training POS Systems Server 120

7 Shifts

DECEMBER 27, 2019

Turnover creates more than just financial repercussions. The turnover rate for quick service restaurants is 123% , which means that the number of team members who leave in one year outnumbers the average number of staff in the entire restaurant. Team culture and customer service also suffer. Here’s how.

Server 144

Server Training Front of House Back of House 144

InnQuest

DECEMBER 21, 2022

The rapidly-expanding hospitality industry today covers multiple categories, from hotels and resorts to restaurants and event venues. to gain insights and locate areas of improvement in their services. Lastly, it helps make more informed decisions, such as whether or not the hotel needs expansion or more rooms of a certain type.

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Book Marketing Customer Service Reservations 223

Les Roches

DECEMBER 28, 2023

A career in the hospitality industry can be incredibly rewarding, both financially and personally. This comprehensive guide reveals the opportunities and advantages of each profession, helping you make a fully informed choice for a fulfilling future. Two popular options are in hotel management and culinary arts.

Housekeeping 52

Housekeeping Training Hospitality Management Accounting 52

Modern Restaurant Management

MAY 26, 2023

Below, Martha Marchesi, CEO of JK Design —a full-service creative agency with a powerhouse roster that includes Tiffany & Co., One great way to exhibit empathy in brand messaging is by addressing common and specific customer pain points like that related to productivity, financial, processes and support.

Communication 98

Communication Marketing Information Events 98

Modern Restaurant Management

DECEMBER 21, 2022

To reduce friction and allow multitasking, a KDS should speak to the chef rather than display information on its screen. Talk to your bank — be proactive in communications and provide timely, accurate financial information if trying to secure or increase a line of credit.

POS Systems 193

POS Systems Pricing Front of House Marketing 193

Workforce Bulletin

SEPTEMBER 8, 2022

California’s Consumer Privacy Act (CCPA) and the California Privacy Rights Act (CPRA) give consumers substantial rights regarding the disclosure and use of their personal information collected by businesses subject to the law. Failure to fulfill a request can lead to reputational – not to mention financial – consequences.

Information 52

Information Definition Maintenance Document 52

Xotels

APRIL 3, 2024

Its inception traces back to the airline industry, where the primary objective was to optimize financial outcomes. This approach challenges resources to prioritize gathering market information, fostering a proactive rather than reactive stance. This marked the adoption of dynamic pricing strategies within the expansive aviation sector.

Pricing 52

Pricing Book Budgeting Marketing 52

Modern Restaurant Management

APRIL 14, 2020

This new site is a one-stop hub of critical information for restaurants, employees, customers and industry partners. This map links to state-by-state information, tools and updates covering state laws, regulations regarding closures as well as, eventually, re-openings. .

Information 209

Information Download Marketing Accounting 209

NCC USA

MARCH 31, 2023

Understanding your sales trends will help you make informed decisions that will help keep your business in the black. Profit Margin Report: This will show you which products or services are making the most profit and which are losing you money. Sales by Menu: A detailed look at sales listed by menu categories (i.e.,

POS Systems 52

POS Systems Information Accounting Blog 52

SiteMinder

MAY 12, 2023

Hotel accounting is the process of recording and maintaining the financial records and performance of your hotel business. Good accounting makes the finances of your hotel easy to understand for management and other stakeholders – so they can make informed decisions. For example, when the guest orders room service.

Accounting 52

Accounting Maintenance Document Pricing 52

SiteMinder

AUGUST 29, 2023

By breaking down these costs, hoteliers can make informed decisions, allocate resources efficiently, and ensure the long-term sustainability of their establishment. A clear grasp of these expenses not only ensures financial stability but also provides insights into areas of potential savings and efficiency.

Housekeeping 52

Housekeeping Guest Satisfaction Book Maintenance 52

The Restaurant Times

NOVEMBER 18, 2021

He comes with more than 25 years of experience in informal and full-service operations in national and multinational corporations. Guillermo Herrera- I have more than 30 years of experience in the operation and management of food services across different modalities and volumes and types of food services. More than 1.5

Workshop 52

Workshop Information Budgeting Catering 52

Les Roches

DECEMBER 25, 2022

Whether you’re thinking about a career in hotel management or hospitality consultancy , or just interested to learn more, understanding the different types and classifications of hotels can help you understand what kind of environment, level of service, and facilities to expect. Levels of services. Guest demographic.

Travel and Tourism 52

Travel and Tourism Catering Definition Budgeting 52

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. It can take time to get everything right and as we can see there’s a lot to be aware of.

Travel and Tourism 59

Travel and Tourism Book Housekeeping Customer Service 59

Modern Restaurant Management

FEBRUARY 17, 2020

Through opt-in location information at scale, and other signals that users provide when engaging with Yelp, clients can more easily measure the extent to which Yelp ads are driving customers into their stores. Scan to Pay, a first-of-its-kind feature is now available with the Clover® platform from Fiserv, Inc.,

Catering 147

Catering Server Reservations Marketing 147

Modern Restaurant Management

JULY 6, 2020

Often the upsell from franchisors and service providers includes seemingly convenient, useful, and “free” extras like employee handbooks, wage and hour policies, and employment forms, but these one-size-fits-all documents are often tailored to federal law and don’t account for changes in California law.

Document 189

Document Accounting Communication Information 189

Synergy Suite

FEBRUARY 14, 2023

Look for a POS system that offers detailed reports on sales by item, category, time period, and location. This includes tracking customer preferences, purchase history, and contact information. Advanced reporting helps you make informed decisions, optimize operations, and identify areas for improvement.

POS Systems 52

POS Systems Front of House Back of House Catering 52

Modern Restaurant Management

DECEMBER 16, 2021

Given the increase in off-premise, we expect to see more drive-thru’s similar in format to Checkers & Rally’s iconic double drive-thru model, which dedicates one lane to traditional consumer drive-thru service and one to e-commerce only, including pre-paid digital orders for pickup and third party-delivery orders.

Back of House 178

Back of House Pricing Marketing Scheduling 178

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. It can take time to get everything right and as we can see there’s a lot to be aware of.

Travel and Tourism 52

Travel and Tourism Book Housekeeping Customer Service 52

Les Roches

JANUARY 22, 2024

The concept involves identifying different levels of hotel room occupancy and using this information strategically. Segmentation : hotels often classify their customers into different categories based on booking habits, spending capacities, room preferences, and more.

Pricing 52

Pricing Book Travel and Tourism Marketing 52

7 Shifts

JULY 24, 2020

Improving these relationships is a surefire way to improve your restaurant’s service and bottom line. Goodreads: 5.00 (*few ratings) This one is certainly contains more practical information, and should be the go-to book for any restaurant manager or owner looking to cut costs and boost revenue. Published: 2009 ?? Published: 2005 ??

Book 148

Book Reservations Scheduling Training 148

EATER

FEBRUARY 18, 2021

The CDC advises people who fall into this high-risk category to protect themselves from infection by “limit[ing] your interactions with other people as much as possible.”. For those who are at above-average risk for severe COVID-19, or who care for someone in this category, following this guidance can present a seemingly impossible choice.

Front of House 104

Front of House Server Catering Scheduling 104

7 Shifts

JULY 16, 2021

From the most popular preparation methods to the most coffee-consumed time of day, this information will help you build a coffee shop perfect for them. So, make the most of this step– gathering this information will help you plan, operate, and run a successful coffee shop. Section 4: Financial Projections. Don't stop there!

Scheduling 183

Scheduling Marketing POS Systems Pricing 183

7 Shifts

NOVEMBER 17, 2021

There are plenty of good reasons to take inventory on a regular basis: Your restaurant can avoid running out of a key ingredient mid-service. Typically, taking inventory involves five rows of information. A recent study found that food waste in fast-food restaurants is about 9.55% whereas full-service operations waste 11.3%

POS Systems 148

POS Systems Pricing Scheduling Front of House 148

Modern Restaurant Management

DECEMBER 17, 2020

Service-related mentions became more positive by 6.0 In the case of limited-service restaurants, the menu item most frequently mentioned when describing a positive food experience in November was by far pizza. For full-service restaurants, the menu item that got the largest number of positive guest mentions during November was steak.

Travel and Tourism 167

Travel and Tourism Sanitation Marketing Training 167

7 Shifts

JUNE 4, 2021

You can now determine what percentage this is off your overall sales to get a picture of your restaurant's financial health. Labor cost includes all labor-related categories: Employees, both hourly wages and salaries. Total labor costs, or the sum of all applicable cost categories like wages, salaries, bonuses, and overtime.

Pricing 166

Pricing Scheduling Marketing Budgeting 166