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What is Hotel Revenue Management?

Xotels

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

Pricing 52
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Harness the power of data analytics in hospitality

Les Roches

In the digital age, data can be the source of actionable insights, empowering businesses to make informed decisions that can shape lucrative strategies and create growth. It ranges from simple database management systems used for basic statistical analysis to sophisticated predictive modeling techniques.

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Safe Distancing Tech and a Farewell to Foam

Modern Restaurant Management

Since its inception in mid-March, more than 500 restaurants around the world have joined the program and are reporting sales ranging from several thousand dollars to up to $60,000. The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When

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Building customer relevance to grow market share

Boutique Hotel News

Ali Powell, CEO and founder of Commercial Acceleration, highlights why it’s important for hoteliers to revise their strategies to build customer relevance. . As a result, properties face the challenge of a dapt ing their strategies to match these changing behaviours. Who is your customer? .

Marketing 130
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Tech Team-Ups and El Pollo Loco Romance

Modern Restaurant Management

“This acquisition is another demonstration of our strategy to acquire new companies to enhance product capabilities and extend our leadership in the vertical industries we serve,” said NCR President and Chief Executive Officer Michael D. NCR purchased Zynstra for approximately 100 Million British Pound Sterling.

Workshop 102
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Touchless Ketchup, Icing on the Frosting and Bobacino

Modern Restaurant Management

When the Coronavirus pandemic swept the nation, The LEE Initiative (Let's Empower Employment), led by James Beard Award winning chef, author and restauranteur Edward Lee and Program Managing Director Lindsey Ofcacek, teamed up with Maker's Mark to establish the Restaurant Workers Relief Program. ” Next-Gen Toast. .

Marketing 124
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Gift a Plate and Ambient Restaurant Sounds Playlist

Modern Restaurant Management

. “This pandemic has shed light on how technology can be used to quickly adapt core services within the food industry like delivery, fulfillment, and supply chains," said Lior Susan, Founder and Managing Partner at Eclipse. In addition, restaurants can easily maintain separate menus to increase their profit on digital orders.