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How Predictive Analytics Can Help Suppliers Overcome Fluctuations in Demand

Modern Restaurant Management

Traditional forecasting and procurement strategies are no longer enough to keep pace with today’s unpredictable supply chain. If the hypothetical six, now-closed restaurants’ information is still in your database, it will skew your demand history and result in unreliable forecasting.

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Clermont Hotel Group introduces instant booking platform

Boutique Hotel News

The online platform by MeetingPackage provides customers with price information and the live availability of meeting room spaces across Clermont Hotel Group’s London portfolio. With this decision Clermont Hotels can be booked, online, instantly and with zero duplication of information across direct and indirect marketplaces.”

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My One Piece of Advice For The Restaurant Industry

Modern Restaurant Management

But when you think about it, where would you get that information from? Technology can be the crutch you lean on to make those smarter, more informed business decisions. You can unlock the power of your restaurant data with the help of solutions such as procurement and supply chain technology. The unknown is always scary.

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Castlerock Asset Management makes exec appointments

Hotel Business

Castlerock Asset Management, an integrated real estate development, ownership, marketing, hospitality management and asset management firm, has made several executive appointments, including a new chief information officer. He was formerly VP, IT.

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What Can I Do to Reduce My Restaurant Supply and Labor Costs?

Modern Restaurant Management

When you’re short on time and resources, technology can help you automate on and off-premise processes, navigate increased costs, and make more informed business decisions. Leveraging industry knowledge and expertise allows you to take your business to the next level and make more informed operational decisions.

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Majority of corporates have not set carbon budgets for travel, says BTS study

Serviced Apartments

The poll was answered by 289 travel and procurement managers from around the world (64 per cent UK, 22 per cent Europe, 14 per cent rest of the world). 31 per cent (compared to 27 per cent) offer travellers information on their carbon footprint. 5 26 per cent 21 per cent We rely on our TMC for that.

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Tech-Driven Hospitality Trends to Expect in 2024 and Beyond

Revenue Hub

For example, AI can help procurement software compare environmentally friendly and diverse-owned hotel suppliers and monitor outcomes when investing in these businesses. If you’re procuring digital tools, the key is to strike a balance between automation and human touch.