Modern Restaurant Management

JANUARY 9, 2024

First, run a self-assessment of your business by determining: Restaurants offer both a product and service. Are you are offering a premium product vs. a low-cost, high-volume product? High volume products will need a broad marketing strategy while premium products will likely require a more targeted, niche approach.

Budgeting 192

Budgeting Pricing Marketing Catering 192

Modern Restaurant Management

MARCH 28, 2024

While brands are increasingly labeling their products with 2D barcodes, retailers have also recognized the value and committed to accept 2D barcodes at point of sale by 2027 in a GS1 US initiative called “ Sunrise 2027.”

Information 220

Information Server Catering Events 220

Revenue Hub

FEBRUARY 22, 2024

A distribution strategy refers to the methods and channels a company uses to deliver its products or services from the point of production to the end consumer. An effective distribution strategy aligns with a company’s target audience, business model, product offerings, and growth objectives.

Article 85

Article Scheduling Marketing Book 85

Hospitality Net

APRIL 19, 2024

Discussions held during HSMAI leadership meetings and conferences within these sectors have illuminated the evolving dynamics of the workplace, emphasizing the importance of happiness, productivity, and equity in this new era. It’s noteworthy that the embrace of remote and hybrid work models varies across the globe.

Marketing 97

Marketing 97

Hospitality Net

MARCH 7, 2024

The ways in which businesses get their products and services to customers continue to rapidly evolve. An effective distribution strategy is critical for any business looking to get its products or services to customers efficiently.

Book 75

Book 75

Modern Restaurant Management

MARCH 27, 2024

While there are many marketing strategies to get customers in the door, it is just as important to create customer service strategies that keep them coming back. Punch cards, coupons, point systems, and even exclusive products can keep customers coming back. The restaurant industry has a lot of competition.

Customer Service 188

Customer Service Server Presentation Marketing 188

Hospitality Net

APRIL 10, 2024

My experiences, particularly as the VP of Product and Strategy at Shiji Group and leading hotel consulting services for Opera at MICROS in the Asia Pacific, have provided me with deep insights into the importance of a 360-degree unified customer profile in PMS.

Property Management 93

Property Management 93

Modern Restaurant Management

OCTOBER 3, 2023

This means tailoring marketing campaigns and activations to local events and holidays, forming charitable partnerships and introducing new product launches through street teams and boots-on-the-ground support. In fact, it has become even more impactful for consumers to see, touch and taste products upfront.

Marketing 176

Marketing Events 176

MEWS

JUNE 19, 2023

From the beginning of my career in content, which has included business journalism, digital marketing, content strategy and product content in several successful tech startups and scaleups, most of my strategic decisions have been based on the goal of getting as many people to read my words as possible.

Marketing 130

Marketing 130

Modern Restaurant Management

DECEMBER 1, 2021

Global and domestic supply chains are more complex and interdependent than ever, and while they offer consumer benefits like more choices, lower prices, and the year-round availability of many food items that were once only seasonal, the increasing number of moving pieces also adds more risk for product quality and food safety failures.

Communication 194

Communication Document Pricing Information 194

Modern Restaurant Management

JANUARY 23, 2024

Failing to mind quality and food safety measures can also lead to large-scale product recalls that wreak havoc on the financial health of a company. Even unavoidable events like natural disasters and pandemics can have significant negative financial impacts in the form of increased costs and decreased production capacity.

Procurement 195

Procurement Accounting Marketing Training 195

Modern Restaurant Management

MAY 16, 2023

Experiment with Different Promotional Strategies One of the key benefits of digital signage is the ability to quickly and easily experiment with different promotional strategies. Upsell and Cross-Sell Products Want to showcase a soup of the week or a new best-selling menu item?

Communication 156

Communication 156

Modern Restaurant Management

MARCH 12, 2024

” to protect the tier-three pricing strategy and reinforce Ori’Zaba’s brand personality, has resulted in enhanced customer engagement and satisfaction, improved restaurant operations and significantly boosted sales and revenues. "Review your product mixes, guest reviews and speak with your teams. Double Your Meat!”

Pricing 178

Pricing Accounting Server Presentation 178

Hospitality Net

FEBRUARY 21, 2024

The ways in which businesses get their products and services to customers continue to rapidly evolve. An effective distribution strategy is critical for any business looking to get its products or services to customers efficiently.

Book 66

Book 66

Hospitality Net

APRIL 19, 2024

By now, you’re likely familiar with the concept of ancillary revenue in the hotel industry — it’s not just about selling products. From room upgrades to late check-outs, early check-ins, stay extensions, and beyond, hotels have a wealth of strategies at their disposal. But let’s take it a step further.

Whitepaper 95

Whitepaper Catering 95

Les Roches

DECEMBER 30, 2023

Product and service­ are fundamental concepts in busine­ss that play a significant role in shaping global commerce. In this article, we will delve­ into the key differe­nces betwee­n products and services in the hospitality industry.

Guest Services 95

Guest Services Concierge Definition Customer Service 95

Lodging Magazine

JANUARY 2, 2024

The product itself is wonderful, but we are having issues of high turnover. To encourage employees to commit to your establishment long-term, there are several crucial strategies […] The post Ask Anthony: Encouraging Employees to Stay Long Term appeared first on LODGING Magazine.

Magazine 124

Magazine 124

Social Hospitality

JANUARY 19, 2024

Knowing your audience enables you to: Target the Right Users: Use the targeting features offered by social media platforms to ensure your ads are reaching the individuals most likely to be interested in your products. High-quality images and videos allow you to showcase your products in the best possible light.

Information 105

Information Catering Communication Budgeting 105

Modern Restaurant Management

MARCH 2, 2023

Satisfying CX Delivering a satisfying customer experience (CX) is the #1 priority for companies, according to a recent study by Metrigy, a research and advisory firm that advises companies on technology transformation strategies. What is your payments strategy? Most consumers now expect vendor acceptance of digital payments.

Training 164

Training Pricing Events Marketing 164

Revenue Hub

FEBRUARY 28, 2024

Branded Product Ideas Collaborate with brands and businesses to release new and exclusive products or take an everyday object, add your logo, and customize it to reflect your brand’s aesthetic. Sales Strategies When brainstorming product ideas and sales strategies, it is important to consider your market.

Article 91

Article Marketing 91

Revenue Hub

NOVEMBER 9, 2023

The luxury sector thrives owing to its distinctive capacity to proffer not merely products, but also experiences and emotions. Unveiling the psychology of luxury: A look inside consumer behavior Owning a luxury product is not just a purchase; it’s an event, an emotional experience.

Marketing 85

Marketing Article Accounting Events 85

Les Roches

JANUARY 12, 2024

Pricing strategies are an essential part of commercial activity. In this article, we’ll look at different pricing strategies, exploring how they relate to the highly competitive world of hospitality and considering their implications in the broader context of pricing strategies in business. What are pricing strategies?

Pricing 52

Pricing Marketing Definition Catering 52

eHotelier

JUNE 12, 2023

To mark the official naming of the MSC Euribia ship, MSC's most energy-efficient to date, international leaders from the worlds of science, policymaking and business explored new paths to responsible consumption and production in tourism as a key strategy for transitioning to a regenerative, carbon-neutral, and circular blue economy.

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100

STAAH

APRIL 23, 2024

As technology continues to evolve, so do the strategies and innovations within revenue management. Hotel Revenue Management using Omnichannel Data In today’s interconnected world, harnessing omnichannel data is essential for optimizing revenue management strategies.

Pricing 87

Pricing Presentation Marketing Information 87

Revenue Hub

AUGUST 2, 2023

The rapidly changing landscape of hotel marketing is reshaping the traditional 4Ps – Product, Price, Promotion, and Place. Jerome McCarthy, the 4Ps – Product, Price, Promotion, and Place – have acted as the cornerstones upon which successful marketing strategies have been built. Conceived in the early 1960s by E.

Marketing 87

Marketing Pricing Article Blog 87

Modern Restaurant Management

AUGUST 1, 2023

What novel strategies can help this vital industry not only survive but thrive in the years to come? Will the industry be able to harness these challenges into opportunities for innovation and growth? The core question revolves around the future of the restaurant industry.

Pricing 167

Pricing Marketing 167

Hospitality Net

MARCH 5, 2024

The latest offering, Amadeus Leisure Connect, unifies three complementary products: Private Agreements, Amadeus Value Hotels™, and the Amadeus Travel Platform™, to deliver a connected traveler experience, more personalization, and an optimized distribution strategy for leisure travel sellers.

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SiteMinder

APRIL 10, 2024

A trusted, long-term, relationship Nira Caledonia has been investing in SiteMinder’s platform for the past nine years, establishing superior distribution and booking strategies to grow revenue and become more efficient. Aditi explained that these features were an essential part of the property’s strategy. “It

Communication 98

Communication Guest Satisfaction Book Marketing 98

Modern Restaurant Management

APRIL 12, 2023

During the pandemic he helped advise Milk Bar CEO Christina Tosi’s shift from retail to ecomm—resulting in the launch of Milk Bar’s rapidly expanding collection of CPG products. In our experience, having an omnichannel presence certainly helps, but there’s no “one size fits all” strategy.

Back of House 179

Back of House Marketing Magazine 179

EHL Insights

NOVEMBER 8, 2023

Luxury has always been associated with high-end brands and products, with marketers utilizing this association to promote their offerings effectively. This piece delves into how luxury can be a precious tool for powerful marketing strategies across various industries.

Marketing 98

Marketing Pricing 98

Hospitality Net

FEBRUARY 27, 2024

DerbySoft’s and Kayak’s partnership brings together deep skills in business and technology strategy, product ideation, technology development, and deployment to release MStrategy.

Marketing 75

Marketing 75

Modern Restaurant Management

OCTOBER 6, 2023

Connected sensors and devices allow real-time tracking and monitoring of food products throughout the supply chain. IoT devices provide real-time data on critical factors, including equipment performance, energy consumption, and production processes. Leveraging real-time monitoring and predictive analytics. Did you know that U.S.

Maintenance 200

Maintenance Information Scheduling Accounting 200

Revenue Hub

FEBRUARY 9, 2024

With upcoming changes, like third-party cookies getting phased out , we need to transition to more durable strategies to help grow your business. In light of industry changes, we’ll sunset both Commissions (per Stay) and Commissions (per Conversions) bid strategies for Hotel Ads in October 2024.

Travel and Tourism 92

Travel and Tourism Article Budgeting Information 92

Modern Restaurant Management

FEBRUARY 15, 2024

The foundational strategy focuses on two pivotal elements: maintaining rigorous standards for commercial refrigeration and ensuring a robust plan to manage increased customer flow. Augment Ice Production Ensure your ice machine inventory can match the impending demand.

Maintenance 116

Maintenance Scheduling Training Presentation 116

Hospitality Net

FEBRUARY 23, 2024

In building our products, I paid a lot of attention to this element, and we researched and learned a lot along the way. Taking from everything we learned, I’d like to offer some perspectives on the nature of these threats and the strategies and practices that can help safeguard hotels and their guests.

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Modern Restaurant Management

SEPTEMBER 7, 2023

As Millennial homeownership surpasses Millennial renters for the first time, restaurants have a golden opportunity to engage this valuable demographic through targeted new mover marketing strategies. High ROI : New movers are in need of various products and services as they settle into their new homes. million in 2022.

Marketing 201

Marketing Catering Customer Service Reservations 201