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Where Is Surge Pricing Headed?

Modern Restaurant Management

"Restaurants thinking about implementing surge pricing need to balance the revenue upside with the potential brand backlash," says Savneet Singh, CEO of PAR Technology. "While Food is visceral in a way that airline seats aren't. Food is visceral in a way that airline seats aren't. Yes, and yes!

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Are airlines starting to offer better coffee?

Perfect Daily Grind

For many, a cup of coffee is a central part of the experience of air travel. However, it’s undeniable that convenience has historically been a priority for airline coffee, with quality and taste generally taking a back seat. Why has airline coffee historically not been of high quality? Read on to find out what they told me.

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Restaurant Revenue Management: 3 Killer Strategies to Boost Sales

7 Shifts

"Restaurant revenue management is defined as selling the right seat to the right customer at the right price and for the right dura­tion."— From there, you can make vital decisions about price, service capacity, table turnover, and your menu to boost revenue and profits. Revenue management is not a new concept.

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Making the COVID-19 Pandemic Marginally Worse, Airlines Are Banning Alcohol

EATER

A number of airlines, including KLM, Delta and American Airlines are suspending part or all of their alcohol services, in order to minimize the number of interactions between crew and passengers. Some airlines are limiting drink service to water only, according to CNN , or to water and soft drinks. And in other news.

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Restaurant Success: Insights from Industry Expert Chip Klose

Chowly

Introduction In the dynamic world of restaurant ownership, gaining valuable insights and shared experiences can be akin to finding a rare gem. Decoding Restaurant Finances Profitability in the restaurant industry involves a nuanced dance between revenue, expenses, and the ever-changing landscape of customer behavior.

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Restaurant Loyalty Programs to Boost Revenues

Cheetah

Restaurants, retailers and airlines have been using loyalty programs to drive revenue for nearly three centuries. In response, we’re now seeing yet another evolution into modernized and technically savvy loyalty programs as an attempt to gain new customers and hold on to existing ones. . Reading Time: 4 minutes.

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Experience Is the Best Teacher: Five Things My Father — and Hard Times — Have Taught Me About Leadership in the Restaurant Industry

Modern Restaurant Management

Focus on creating extraordinary experiences that raise the bar in your community. ” He would never take them for granted with short-sighted decisions like cutting portions and raising prices, however tempting that solution may be. Focus on creating extraordinary experiences that raise the bar in your community.