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Strategies and Top Tips for Calculating Group Rates

Revfine

Question for Our Revenue Management Expert Panel: What are the best practices when calculating group rates? Should hotels have a different strategy per group category, e.g., tour operators, weddings, corporate, etc.?

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Proven restaurant pricing strategies for business success

Les Roches

Strategic decisions about menu design, customer de­mographics, and pricing strategies also play critical roles. In this comprehe­nsive guide, we will explore successful restaurant pricing strategies that can help you devise a revenue plan for your restaurant business.

Pricing 52
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What is Hotel Revenue Management?

Xotels

Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies. Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? What Makes Hotels Suitable to Apply Revenue Management?

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5 Ways to Develop Your Restaurant's Tip Strategy, According to Experts

7 Shifts

If you walked down Valencia Street in San Francisco and polled ten restaurants on how they managed tips , there's a good chance they would each say something different. There are 101 ways to dole out restaurant tips - from percentages to points to whether kitchen staff gets a share. Tip management constantly evolves.

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Hotel Star Reports: What are they and how to read them

SiteMinder

Falling short of your competitors when it comes to guest experience, accommodation standards or your marketing and advertising strategy can quickly lead to lost revenue. Where are there gaps in your strategy that should be filled? Which areas of your hotel are performing well and which do you need to improve? Table of contents.

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5 Tips How to Market Your Resort Using Hotel Email Marketing

Metasphere

In this article, we'll share five tips to help you increase your conversion rates in your email marketing activities. Improve Your Conversions Rates Through Hotel Email Automation. The first tip is to separate your guests into distinctive groups. Table of Content. How to Create Guest Segmentation in Resorts.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Reference secondary research studies or create your surveys and questionnaires to send out to a select group of people! So you want to open up your very own coffee shop. We're all here for it! Coffee shops can be so much more than a place to grab a cup of joe and a croissant. For your coffee shop to reach that status, it has to be done right.