special-reports ultimate-guide-to-revenue-management-systems 
Synergy Suite
DECEMBER 19, 2023
In the ever-evolving world of restaurant management, staying ahead of the curve is crucial for sustained success. It’s a metric that, when properly understood and managed, can help you optimize your operations, enhance customer satisfaction, and boost your bottom line.
Xotels
APRIL 3, 2024
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.
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Synergy Suite
DECEMBER 7, 2023
One of the key metrics that restaurateurs must pay close attention to is revenue per seat, also known as average cover. Here we will delve deep into the concept of revenue per seat, exploring what it is, why it’s important, and how you can strategically increase it to drive higher profits for your restaurant.
The Restaurant Times
MARCH 6, 2023
In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022. In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022. Read along! How To Calculate Restaurant Profit Margin?
7 Shifts
JANUARY 26, 2021
2020 was a year that the restaurant industry won’t soon forget. From a projected record growth at the top of the year to a decline of nearly $240 billion in sales and 2.5 million out of work, it was nothing short of devastating. Through it all, we emerge from the year as an industry in evolution—and our restaurants need to evolve with it.
Synergy Suite
NOVEMBER 30, 2023
For restaurant owners and managers, understanding and effectively managing prime costs are paramount. For restaurant owners and managers, understanding and effectively managing prime costs are paramount. What Are Prime Costs? Controlling them effectively can significantly impact your bottom line.
Les Roches
FEBRUARY 21, 2024
Step into the future of event planning, where technology developments in the hospitality industry play a crucial role in creating extraordinary experiences and event technology have a profound impact on conferences and event management. Below, we take a look at some of the advances and their potential effects on event management.
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