SiteMinder

MAY 28, 2023

Berlin, Germany – A new analysis by SiteMinder, the world’s leading open hotel commerce platform, highlights the degree to which small German accommodation providers have increased their room rates over the past four years.

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Pricing Marketing Book Information 105

SiteMinder

APRIL 22, 2024

The collaboration integrates SiteMinder’s platform solution into Groupon’s, streamlining pricing and distribution processes while introducing new offerings for hoteliers and customers. Beyond simplifying pricing and distribution, it extends their reach, providing the flexibility needed in a dynamic market.

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Pricing Information Catering Reservations 69

Modern Restaurant Management

AUGUST 20, 2020

Whether it's in the form of sinks or payment, hands-free solutions could be part of the new normal even in a post-COVID world. Below are some touchless solutions for restaurants, cafeterias and other foodservice establishments to explore going forward. Hands-Free Door Openers. Foot-pull door openers use a similar method.

Sanitation 208

Sanitation Marketing Pricing 208

Hospitality Net

OCTOBER 17, 2023

Innovative and open-architecture applications that the hospitality sector has long anticipated are now accessible, providing vast and flexible options ready to be deployed. From data analytics, digital transitions, and understanding revenue flows to business intelligence, everything is available at attractive SaaS pricing.

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Article Pricing 75

Modern Restaurant Management

APRIL 30, 2024

Deciding what kind of LTO best fits your needs, whether you are going to break with convention or lean into a larger trend will determine a price point based on the supply chain accessibility of those ingredients. An open mind is essential at this stage, and trial and error will become your best friends.

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Pricing Marketing Events 197

Revenue Hub

DECEMBER 1, 2023

NB: This is an article from APS (Above Property Services) Subscribe to our weekly newsletter and stay up to date In response to these challenges, the industry is turning towards innovative pricing strategies, with Attribute-Based Selling (ABS) (also known as Attribute-based Pricing) emerging as a notable trend.

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Pricing Guest Satisfaction Presentation Article 98

Revenue Hub

DECEMBER 14, 2023

These include dynamic pricing, personalized offers, and real-time demand forecasting. If you don’t have an RMS at all, revenue directors rely on manual processes and intuition to make pricing and inventory decisions – which is not exactly optimal decision-making, leading to missed revenue opportunities and suboptimal pricing strategies.

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Pricing Budgeting Presentation Article 101

Modern Restaurant Management

NOVEMBER 15, 2022

Due to many factors including inflation and supply chain challenges, restaurant owners and operators have been faced with tough choice about raising menu prices. As food prices rise, restaurants should try to stay within their target ratio for food cost to gross food revenue in order to maintain target profits.

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Pricing Communication Marketing Training 196

Revenue Hub

JULY 26, 2023

NB: This is an article from Global Asset Solutions Unlike other products that can be stored and sold later, the prices of hotel room nights often fluctuate based on supply and demand, with prices typically rising during peak seasons or when major events are happening and falling during slower periods.

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Pricing Book Marketing Article 95

Modern Restaurant Management

OCTOBER 28, 2021

Instead, they’re busy working through labor issues and trying to figure out how to keep their doors open, sometimes leaving the kitchen to take a backseat. As ingredient costs naturally fluctuate over time, recipe costs automatically adjust, allowing for more accurate pricing, forecasting and menu development. Prevent Shortages.

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Pricing Budgeting Magazine 208

Hotel Owner

MAY 3, 2024

Travelers who prioritise environmental conservation are generally willing to pay a slightly higher price for hotels that demonstrate a strong commitment to sustainability. RenEnergy’s consultants will work with you to design a custom solution for your carpark, for maximum energy yield and with minimal disruption. Who is RenEnergy?

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Information Pricing Book Marketing 52

Hotel Owner

NOVEMBER 8, 2023

Despite this, the pressures of high inflation, labour shortages and greater energy prices meant that 28% of respondents expect 0% or negative GOPPAR growth in London in 2024. Meanwhile, demand fluctuations (48%), the inability to raise prices (45%), Generative AI (41%) and technology disruptions (39%) were all perceived as medium-term risks.

Travel and Tourism 98

Travel and Tourism Pricing Marketing 98

Revenue Hub

NOVEMBER 23, 2023

Properties with a focus on touroperation often find themselves entangled in the complexities of inventory management, strategic pricing, and allotments. The intricate web of dealing with numerous touroperators, each with distinct demands, makes it a formidable task to monitor inventory, pricing strategies, and contractual obligations.

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Pricing Communication Article Book 96

Revenue Hub

APRIL 24, 2024

Open API architecture? It will take an integrated set of solutions to tackle challenges hoteliers have long struggled with due to aging technology. Here are 5 signs a hotel tech stack is outdated, along with tips on which state-of-the-art solutions to consider instead. Innovation? Long-term growth potential? Intuitive design?

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Book Reservations Article Information 96

Service that Sells

FEBRUARY 13, 2023

A new perspective can open your eyes to aspects of your operation that haven’t been on your radar. Unfortunately for most operators, great restaurant consultants come with a hefty price tag. Instead, ask for feedback with open-ended questions and follow-up questions that require employees to really think about their answers.

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Server Blog Budgeting Training 95

Modern Restaurant Management

MAY 24, 2021

Some geographies are opening dining rooms without much notice to distributors or suppliers, which is causing additional strain on the supply chain. The best solution for restaurant operators is to focus on what’s readily available while waiting out short-term supply shortages. Have there been cost increases?

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Modern Restaurant Management

MARCH 4, 2024

By cracking the code of restaurant app usage, according to Revenue Management Solutions (RMS). In its menu study, participants were most open to suggestions when items were shown while exploring the menu. As traffic slows, how do restaurant operators keep and capture customers? Now Is the Time Now is the time to crack the app code.

Catering 197

Catering Training Pricing 197

Modern Restaurant Management

MARCH 3, 2022

At the same time, restaurants are grappling with ongoing staffing issues, with recent research showing that there are still nearly one million unfilled job openings, or eight percent, below pre-pandemic employment levels. One desirable option is to leverage Internet of Things (IoT) solutions. IoT to the Rescue. Energy Management.

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Maintenance Customer Service Pricing 212

Modern Restaurant Management

JANUARY 9, 2023

Actions taken include: 87 percent of restaurants increased menu prices. 48 percent reduced hours of operation on days open. 32 percent closed on days that normally open. But 79 percent of operators say their restaurant currently has job openings they are having difficulty filling. economy enters a recession.

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Pricing Maintenance Reservations Accounting 141

Revenue Hub

JANUARY 31, 2023

This is intended to partially offset the additional costs caused by the increased prices and pass them directly to the guests. Price stability: Due to the openly communicated energy flat rate, the remaining prices can be kept stable. The guest pays the same price for the room as he did a month ago.

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Pricing Communication Definition Presentation 87

Revenue Hub

DECEMBER 6, 2023

Traditionally, these systems attempt to predict future demand from past trends to optimize pricing. How would that impact your pricing strategies? With AI-driven systems identifying trends, revenue managers can harness these tools to bolster their agility and effectiveness in tackling a plethora of pricing situations.

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Pricing Information Article Marketing 96

SiteMinder

JUNE 22, 2023

Barcelona, Spain – New data from SiteMinder, the world’s leading open hotel commerce platform, suggests Spain’s hotel sector could be facing a historic summer of bookings. Hotel booking volumes in Spain are currently 17 percent higher than at the beginning of summer 2019, when the country experienced its biggest year of tourism to date.

Travel and Tourism 98

Travel and Tourism Reservations Book Pricing 98

Metasphere

JANUARY 4, 2024

In the ever-evolving world of technological innovation, choosing the right solutions provider is critical for business success. Metasphere Technologies extends an open invitation to potential partners eager to join us on a journey of innovation, growth, and success. Our solutions consistently deliver value, efficiency, and growth.

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Modern Restaurant Management

DECEMBER 13, 2022

Sous vide is often described by Dr. Goussault, Chief Scientist at Cuisine Solutions and the pioneer of modern sous vide, as an evolution of very traditional methods of wrapping food in leaves and cooking it underground. Using sous vide can also help restaurants to lock in prices for future events, banquets, or menu offerings.

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Pricing Reservations Accounting Marketing 189

Revenue Hub

JANUARY 19, 2024

Well, that’s because they’re still paying prices from 2005, potentially causing you to miss out on some serious profit. How can you ensure they keep coming back without insisting on those old bargain prices that eat into your margins? Adjust Prices Periodically This one’s an oldie but goodie. And a curse?

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Pricing Download Book Article 86

Modern Restaurant Management

DECEMBER 16, 2021

You go to that food locker and scan your code, and the door opens and you get your purchase. Brooklyn Dumpling House just opened and they're already franchising the idea. Tight menus, for set prices, at times offering previously unapproachable product at approachable prices. Smaller menus in general.

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Back of House Pricing Marketing Scheduling 180

Modern Restaurant Management

JULY 28, 2021

Restaurants have traditionally addressed wage increases in two ways: by passing the cost on to the customer with increased menu prices; or by reducing cost and cutting operational hours and workforce. To maximize profit, restaurants can rely on intelligent decisioning solutions to plan restaurant operations and shifts.

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Server Catering Pricing Events 197

Modern Restaurant Management

NOVEMBER 24, 2021

Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. Equipment shortages have caused restaurants to delay opening and even slowed down customer traffic due to slower cook times. It’s been a tough year for the foodservice industry.

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Pricing 189

OpenTable

APRIL 23, 2020

Also, the Venga relationship management solution we acquired last year provides a complete view of loyal guests and their feedback. Finally, our digital marketing solutions let restaurants increase their exposure and smooth demand when they need it most. Second, big price cuts for 2020. … Read more. … Read more.

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Pricing Reservations Book Marketing 105

Revenue Hub

JUNE 23, 2023

NB: This is an article from TravelNet Solutions After two years of incredible demand and higher than average rates, the landscape is shifting just as travelers are becoming more cautious with their wallets and more discriminating about service and value. Simply, Art sets the right price, for every property, for every night, in every season.

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Pricing Bookkeeping Property Management Book 86

SiteMinder

APRIL 17, 2024

Hotwire.com is an online travel site that offers opaque pricing for hotel rooms, rental cars, and airline tickets. This powerful platform opens up a world of potential by connecting you directly with Hotwire.com’s massive audience of travel shoppers. Hotwire.com operates on what’s known as an opaque pricing model.

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Pricing Book Blog Information 52

Modern Restaurant Management

AUGUST 10, 2021

The April 2021 Job Openings and Labor Turnover summary issued by The Department of Labor showed that restaurants added almost 350,000 new job openings since March, bringing the sector’s total number of job openings as of April to 1.34 A Long-Term Solution.

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Customer Service Pricing Information Marketing 237

Modern Restaurant Management

DECEMBER 13, 2021

These challenges are impacting menu availability, raising the prices of menu items, leading to short staffs, increasing wait times for diners, and changing operating hours and offerings. The industry has looked to hiring incentives, such as and other rewards, as they compete to fill open roles.

Communication 189

Communication Reservations Budgeting Pricing 189

Modern Restaurant Management

AUGUST 23, 2022

These tools allow franchise restaurants to maintain focus on the guest experience and to build upon brand recognition through developing innovative technology and strategically utilizing loyalty programs to keep consumer interest high, even as prices rise. Of course, raising product prices rarely results in a positive outcome.

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Revenue Hub

JULY 19, 2023

NB: This is an article from RateGain It provides travelers with a platform to compare hotel prices and options, making it an essential resource for those who have narrowed down their travel plans and are ready to book. They actively seek a hotel that aligns with their unique needs, making them open to trying different brands.

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Marketing Book Pricing Information 91

Modern Restaurant Management

JANUARY 27, 2022

The restaurant industry is still dealing with pandemic-related issues, including supply chain disruptions, new COVID variants and surging cases, labor shortages, rising prices, and a shift in consumer demand. Your digital solutions should enable continuous learning and enhance safety and quality. Utilize digital tools.

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Sanitation Training Information Pricing 212

Revenue Hub

JANUARY 18, 2024

Meet the Demand with Smart Tech Solutions It seems like every industry article you read these days mentions AI and automation. Second, if you want to monetize the request, you need to dynamically price the requested ‘product’ based on demand. there are only so many rooms on a high floor, away from the elevator, facing the pool).

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Reservations Article Pricing Guest Satisfaction 100