Revenue Hub

NOVEMBER 7, 2023

Plus, use our Excel template to collect the necessary data without relying on a PMS for seamless reservations history analysis. Offering insights into guest behaviours, booking patterns, and revenue streams, they are a critical asset for understanding the market dynamics and carving out a future-proof strategy.

Download 88

Download Article Pricing Definition 88

Hotel Business

MARCH 13, 2024

By Jared Lerner In the competitive landscape of the hospitality industry, hotels are constantly seeking innovative ways to optimize their operations, increase revenue and enhance guest satisfaction. Microstays also provide hotels with an opportunity to connect with budget-conscious travelers who may be priced out of their rooms otherwise.

Guest Satisfaction 69

Guest Satisfaction Catering Budgeting Scheduling 69

Hotel Owner

OCTOBER 21, 2022

Due to the dynamic nature of the hospitality industry, data collection and analysis can often be pushed to the side, leaving management unsure of their property’s performance. Why are KPIs & data analytics important in the hospitality industry? . The average daily rate (ADR) is the average price your guests pay for a room.

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Pricing Book Accounting Housekeeping 119

Boutique Hotel News

JANUARY 27, 2023

After a topsy-turvy 2022, here are the major hospitality and real estate trends we expect to see in the year ahead, some more unexpected than others. The tax is introduced alongside a green incentive to motivate project teams to implement sustainability efforts exceeding market standards and secure above average sustainability certifications.

Travel and Tourism 130

Travel and Tourism L&D Marketing Pricing 130

eZee Absolute

DECEMBER 11, 2023

Compatibility with Your PMS User-Friendly Interface Connectivity with OTAs Real-Time Updates Pricing Structure Mobile App Training and Support Analyzing Data and Creating Reports Unlock the Future of Your Hotel with eZee The Role of a Channel Manager Let’s start at the beginning. There are many channel managers in the market.

Book 59

Book Pricing Information Training 59

Revenue Hub

OCTOBER 5, 2022

They represent the foundation of every sound strategy, whether you are marketing a brand, apologizing to your spouse, or pitching to investors. This observation rings especially true when we look to the world of hospitality, an industry in which brands live or die according to the ever-shifting preferences of travelers.

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Book Communication Article Marketing 83

InnQuest

NOVEMBER 21, 2022

As business started picking up again after the pandemic, inflation and the cost of living crisis worsened, threatening more uncertainty for the hospitality industry. Rates should be determined in real-time based on analytics that take into account numerous factors including supply and demand, customer loyalty, and competitor pricing.

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Housekeeping Book Property Management Pricing 130

SiteMinder

SEPTEMBER 12, 2023

Every wholesaler will have a unique price for operators to participate in their programs and often different wholesalers will sell in different ways. Some are even limited to specific property types or markets. HPro Travel, formerly HotelsPro, claims to work with one million hotels, making it the biggest hotel wholesaler in the market.

Travel and Tourism 52

Travel and Tourism Book Marketing Pricing 52

InnQuest

JULY 29, 2022

– How Is A Hotel Distribution Strategy Different Than A Hotel Marketing Strategy? How Is A Hotel Distribution Strategy Different Than A Hotel Marketing Strategy? To learn about some of the most influential hotel marketing strategies for 2022 and beyond, click here. – Conclusion. for their clients in real-time.

Reservations 130

Reservations Book Pricing Information 130

Revenue Hub

OCTOBER 17, 2023

NB: This is an article from Robert O’Halloran , Professor Director, School of Hospitality Leadership at East Carolina University A new hotel to some is just another place some travelers cannot afford to stay. Where was the value for the price paid? Customer demand: guests who are willing to pay different prices.

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Pricing Marketing Training Book 96

Synergy Suite

JANUARY 12, 2024

How Restaurant Analytics Differ from General Business Analytics While both restaurant analytics and general business analytics focus on data-driven decision-making, restaurant analytics are specifically tailored to the unique environment of the hospitality industry. This metric is indicative of the overall profitability of the restaurant.

POS Systems 52

POS Systems Information Pricing Accounting 52

Modern Restaurant Management

FEBRUARY 18, 2020

” Their answers touched on a variety of subjects including AI, virtual reality, virtual kitchens, staffing and retention, social media marketing, sustainability and third-party delivery. Elo’s Sonal Apte, vice president of retail and hospitality. Marketing efficiency and effectiveness. Reduce theft.

Catering 215

Catering Marketing Customer Service Front of House 215

Modern Restaurant Management

JULY 7, 2020

and BurgerFi International entered into a definitive agreement at a $100 million purchase price to combine and form BurgerFi International, Inc. BurgerFi’s estimated 2021 net company revenues and 13.6x ’s stock price performance. Miami-headquartered OPES Acquisition Corp. Adam Marcus, Managing Director at PSG.?

Accounting 192

Accounting POS Systems Information Sanitation 192

7 Shifts

JULY 6, 2023

A three-month consulting gig turned into a six-month gig, which turned into a partnership at a hospitality company in Toronto. What do you reserve your budgets for - to invest in growth in people? We are paying top of market without collecting tips from our customers. What is the market charge? And that's the price.'

Document 78

Document Book Pricing Marketing 78

Modern Restaurant Management

JUNE 12, 2020

metro is extremely valuable right now, and we know that Taffer’s Tavern will be perfect for a high-quality conversion in this market.” Taffer’s Tavern has partnered with Fransmart, the global leader in franchise development, to bring the concept to the top 40 major media markets across the U.S. . “The D.C.

L&D 168

L&D Multi-Unit Operations Marketing Training 168

Modern Restaurant Management

OCTOBER 29, 2020

Lunchbox will also focus on acquiring top-tier talent and invest in further development on its platform and expand to new markets. He spent 55 years with the same company in the hospitality industry before starting Freddy’s. Personalizing marketing communications towards guest preferences and behavior.

Catering 143

Catering Marketing Communication Events 143

EATER

AUGUST 30, 2022

A decade into the “Jiro” era, omakase has become both a rarified experience — and one that’s rife for future experimentation In 2013, even though I could not afford it (not like there was a time when I could afford it), I saved up my money and got a reservation at Sushi Nakazawa soon after it opened. In Los Angeles.

Reservations 109

Reservations Pricing Concierge Information 109