STAAH

NOVEMBER 26, 2023

The boutique New Zealand property – The Convent Hotel in Auckland changed its pricing strategy to be based on more real-time market conditions and customer demand. Listening to the guests was key to informing room pricing that yielded the best returns for the business, i.e. moving into the era of dynamic pricing.

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Pricing Demo Reservations Training 72

Hotel Owner

MARCH 28, 2023

Savills, on behalf of 01 Property Investment Limited, has completed the sale of Bendene Town House, a popular boutique town house hotel in Exeter city centre, has been sold to Hi West off a guide price of £1.1m.

Pricing 104

Pricing Training Marketing 104

Hotel Owner

DECEMBER 7, 2022

Avisford Park has been acquired by Crest Hotels, a privately owned and managed hotel group, after it was brought to market off a guide price of £8.95m. . The hotel also has access to London via the A283, as well as by train from both Arundel and Barnham train stations.

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Pricing Training Marketing 111

Synergy Suite

JANUARY 21, 2023

In this article, we’ll discuss all the major questions surrounding food safety training for restaurant employees, so you can have a proper and complete food safety training program in your food business. What is Food Safety Training? Why is Food Safety Training Important?

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Training Presentation Document Information 52

Les Roches

OCTOBER 27, 2023

If you want a career in hotel management , you’ll need to be familiar with many aspects of overseeing a hospitality venue, including hotel pricing strategy. However, there are various factors to be considered when pricing and, if you want to maximize revenue, it’s essential to know all about effective hotel pricing strategies.

Pricing 52

Pricing Communication Book Marketing 52

InnQuest

MARCH 2, 2023

Focus on Employee Training and Development Your employees are the face of your hotel, and providing them with proper training and development opportunities is essential for creating a positive guest experience. Our software solutions come with competitive pricing while retaining their quality and functionality.

Customer Service 224

Customer Service Training Guest Satisfaction Property Management 224

InnQuest

SEPTEMBER 12, 2023

This includes advertising, promotions, pricing strategies and partnerships with travel agencies and online booking platforms. This involves recruiting, training, and retaining qualified staff, creating a positive work culture and offering opportunities for career growth.

Maintenance 220

Maintenance Guest Satisfaction POS Systems Housekeeping 220

InnQuest

APRIL 3, 2023

Maximizing Revenue in a Competitive Market Implementing a dynamic pricing strategy can improve revenue management and help hotels maximize profits. With real-time, automatic rate optimization, hotels can adjust rates dynamically in response to demand fluctuations, ensuring they are competitively priced.

Property Management 222

Property Management Training Guest Satisfaction Special Events 222

STAAH

APRIL 16, 2024

Dynamic Pricing: A dynamic pricing is the backbone of any effective RMS. Look for a solution that utilizes sophisticated algorithms to analyze market demand, competitor pricing, booking patterns , and other relevant factors in real-time. Scalability and Flexibility: As your hotel grows, so should your RMS.

Workflow Management 80

Workflow Management Pricing Training Book 80

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.

Guest Satisfaction 218

Guest Satisfaction Maintenance Pricing Book 218

Hospitality Net

OCTOBER 16, 2023

We can confidently say that a traveler’s purpose will most likely always center around location first, with price as a close-second attribute, for all those outside the luxury segment. Unless it’s a lifestyle brand specifically known for its exercise programming like Equinox or EVEN, the answer is a resolute ‘no’.

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Training Pricing Book 51

Hospitality Magazine

APRIL 17, 2024

Smart inventory and order management It’s tied to the POS for sales information and should be connected to your suppliers, who keep you informed on what’s out of stock snd price movements. You can also share five-minute training videos in a learning app followed by a quiz and a bunch of reminders about upcoming events and staff birthdays.

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Maintenance Information Communication Presentation 264

Revenue Hub

SEPTEMBER 5, 2023

This allows them to adjust pricing strategies, allocate rooms accordingly, and maximize revenue during peak seasons while avoiding vacancies during off-peak periods. By utilizing revenue management systems, hotels can optimize prices in real-time to strike a balance between attracting guests and maximizing revenue.

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Pricing Reservations Training Article 97

Modern Restaurant Management

JANUARY 8, 2024

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. To tackle this pressing issue effectively, businesses must invest in staff training and development, vital for retaining and upskilling their existing workforce.

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Pricing Catering Training Marketing 215

MBB Hospitality

NOVEMBER 23, 2019

Now that you’ve decided to open up your restaurant, you’ll have to determine pricing for all the delicious items you’ll sell to patrons. The right menu pricing strategy is essential for attracting customers and establishing a reliable client base. Pricing Based On Competition. Inadequate Front House Training.

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Pricing Information Front of House Communication 52

Modern Restaurant Management

APRIL 22, 2024

When leveraging ATO and accounts with stolen payment methods, fraudsters can either sell the entire account or use the stolen payment methods to sell goods at a “discounted” price to unsuspecting consumers, particularly those that frequent groups focused on couponing, frugal living, etc.

Accounting 203

Accounting Training Pricing Magazine 203

Hotelogix

OCTOBER 18, 2023

  👉It offers real-time information about room availability, pricing, and amenities, allowing potential guests to make informed decisions and quickly secure their reservations. It allows them to browse available rooms, view pricing and amenities, and make real-time reservations through various channels.

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Reservations Book Information Guest Satisfaction 100

STAAH

JANUARY 16, 2024

A few small but powerful tweaks to your overall pricing strategy can make a dent to your revenue. Attractively pricing these or combining with room booking to create packages can bump up your revenue quickly. Switch to dynamic pricing. Dynamic pricing is a modern hotelier’s most effective strategy for revenue management.

Pricing 85

Pricing Book Reservations Training 85

Hospitality Magazine

FEBRUARY 6, 2023

Part of this is a boost to staff training: start with tray skills and simple sales scripts, then find ways to make service faster. A digital menu gives you endless flexibility to experiment with new dishes, drinks and pricing. If something doesn’t work, it’s gone in minutes, or you can raise the price if it’s a success.

Bookkeeping 162

Bookkeeping Pricing Book Budgeting 162

Modern Restaurant Management

AUGUST 10, 2022

Food prices are soaring amidst supply chain disruptions, increasing labor costs, and processing plant shutdowns. Poultry prices are up 15 percent to 18 percent ; the cost of eggs has risen 73 percent. The food service industry is scrambling to keep up with these new costs, pushing the price of a restaurant meal to a 40-year high.

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Pricing Training Customer Service Scheduling 188

Modern Restaurant Management

SEPTEMBER 19, 2022

To offer operators more support than before, we introduced new technology, prioritized omnichannel strategies, implemented a more personalized training and operations system, and adjusted our franchisee support. Building hands-on real estate committee to advise operators and help select the best location at the best price.

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Training Communication Pricing Marketing 211

Hotelogix

FEBRUARY 1, 2024

These systems can be cumbersome, requiring extensive training and technical know-how. High-end hotel management software or hotel property management systems (Hotel PSM) have a hefty price tag. On top of it, with an easy-to-use solution, you don't have to worry about spending time and money on training.

Guest Satisfaction 130

Guest Satisfaction Training Budgeting Demo 130

PhocusWire

MARCH 14, 2023

The Denmark-based startup says its search engine “accesses thousands of flights, trains, buses and hotels in real-time, comparing prices, locations and schedules.”

Scheduling 88

Scheduling Training Pricing 88

Hotel Business

NOVEMBER 14, 2023

The number of people traveling by cruise, bus and train over Thanksgiving is up nearly 11% over last year. Holiday booking prices This holiday season, travelers are generally paying less for domestic trips compared to last year and more for international vacations. The average price for an international flight is $1,231, down 5.7%

Pricing 102

Pricing Reservations Book Training 102

Modern Restaurant Management

MAY 19, 2022

The prices of goods and services have increased 8.5 Rebounding demand, supply chain issues, and labor shortages are mostly to blame for driving prices to an all-time high. It requires a careful examination of your recipes, your team’s prep efficiency, and menu item prices. Take Advantage of QR Codes.

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Pricing Accounting Training Information 187

Modern Restaurant Management

DECEMBER 28, 2023

Improved Staff Training : Restaurant staff will benefit from assistants, and AI powered training modules resulting in enhanced service, quality and reduced onboarding time. Customer Feedback Insights : By running large amounts of data through an advanced algorithm, companies can discover insights that a human would otherwise miss.

Kitchen Operations 123

Kitchen Operations Training Maintenance Pricing 123

Modern Restaurant Management

JUNE 9, 2023

Hire and Train Staff Invest time and effort in training your employees so that they’re capable of embodying your vision for the restaurant. Addressing this problem with sufficient training and employee perks will be crucial to hold onto valuable staff members.

Document 163

Document Training Procurement Marketing 163

InnQuest

OCTOBER 3, 2023

Real-time Updates: Thereafter, integration with property management system s (PMS) provides real-time updates on room availability and pricing. These insights inform pricing and marketing strategies, optimizing revenue management. These options include credit cards, mobile payments and digital wallets.

Guest Satisfaction 221

Guest Satisfaction Information Property Management Blog 221

Modern Restaurant Management

FEBRUARY 22, 2023

For many, recruiting is a skill they’re not trained on and just one of a hundred tasks occupying their work day. This gives a manager a small advantage in speed, but on a broader scale, busy hiring managers lack the time and training to compete with the resources of a Fortune 500 company.

Training 208

Training Scheduling Customer Service Pricing 208

Modern Restaurant Management

SEPTEMBER 16, 2022

The guest pays the price of not having service. The owner pays the price of losing an all-important return guest. Worse, many restaurants have stopped conducting training. During those monthly training sessions, make it clear that you expect your staff to implement what they learned that very night. Ignoring the Floor.

Server 184

Server Training Pricing Scheduling 184

Modern Restaurant Management

JUNE 30, 2023

Thoroughly Test Ideas and Train Employees Before Implementation A well-known QSR brand recently failed to fully vet its app prior to releasing it for customer use. ” This was both a technology and operational fail due to lack of proper testing/QA and employee training. percent higher than in March 2022. percent this year.

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Pricing Accounting Communication Training 179

Modern Restaurant Management

MAY 2, 2022

Soaring prices, continued supply chain disruptions, and ongoing staffing shortages are creating a perfect storm for restaurants. With prices skyrocketing, restaurants should focus on eliminating food waste. Train continuously. New employees get trained on safety and quality protocols as part of their onboarding.

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Training Pricing Document Information 218

Modern Restaurant Management

NOVEMBER 30, 2023

Diving into data on individual menu item sales can guide pricing strategies to further enhance revenue and cut costs by helping operators identify less popular items and modify their options accordingly. Regular analysis of customer preferences can also guide seasonal menu adjustments and staff training for data-driven upselling.

POS Systems 129

POS Systems Training Scheduling Customer Service 129

MBB Hospitality

NOVEMBER 15, 2023

It involves tracking the cost of each ingredient, understanding seasonality, and recognizing price fluctuations. This granular approach helps in making informed decisions about menu design, portion sizes, and pricing, ensuring that each dish contributes positively to your bottom line.

Pricing 52

Pricing Training Portion Control POS Systems 52

STAAH

JANUARY 14, 2024

Combined with its high service standards and competitive pricing, it was an opportunity that was too hard to ignore. The installation was seamless, and, being extremely user friendly, the training to onboard the team was quick. Any gaps in training were filled by online user guides and the friendly Customer Care team.

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Book Training Pricing Information 80

Modern Restaurant Management

JANUARY 30, 2024

Typical restaurant KPIs involve monitoring costs around food, labor and supplies, pricing adjustments, table turnover rates during peak periods, customer wait times, promotion effectiveness, brand sentiment on review sites, and training completion rates.

Cost Reduction 203

Cost Reduction Server Training Customer Service 203

Modern Restaurant Management

NOVEMBER 8, 2023

At the same time, producers, suppliers and shipping companies have increased their prices; rent and energy prices have also continued to go up vis-à-vis the impact of the Ukraine-Russia conflict. There is a saying we often hear: “Staff training is key to creating consistency and having a successful business.”

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Training Marketing Pricing Budgeting 189