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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."— It was used in the airline and hotel industry to significant effect, with some companies reporting sales increasing of between 2 to 5%. What is Restaurant Revenue Management? A tense atmosphere.

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THE BEST PATH TO CHEFDOM

Culinary Cues

My money is placed on working in a quality hotel, resort, or club. Of course, restaurants are great places to build your bag of tricks, ones where the chef has very high standards and is willing to share, but dollar for dollar, a club, hotel, or resort provides the package with the best value.

Hotels 440
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THE KING IS IN THE HOUSE

Culinary Cues

SOME TIME IN THE LATE 1960’S: Walking through the back entrance to the Statler Hilton Hotel was like stepping into a totally different world. The Vice President was ushered into the room through the back gates of the hotel through the kitchen where I was working.

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The Next Frontier for Restaurants: The Hotel Lobby

Modern Restaurant Management

Other restaurants turned to hotels to attract new customers and strengthen their existing customer base. Long before the pandemic, hoteliers were looking for ways to refresh their properties' food and beverage offerings, and the pandemic presented the ideal opportunity for restaurants to enter the hotel sphere.

Hotels 180
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FULL HOUSE, ALL HANDS ON-DECK

Culinary Cues

The anxiety building up to a full house in the hotel packed with a series of food events has made it impossible to relax. We had seating for 150 and there wasn’t an empty chair. A line of people was waiting for seats, so we knew that service was now on fire. Well, here we go. By 8:15 the dining room was full.

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THE EINSTEIN MOMENT FOR RESTAURANTS

Culinary Cues

EXPERIENCE – Horst Shultze, a young bellman at a hotel used his experience of working his way through various positions to eventually land the position of CEO of Ritz Carlton Hotels and their approach towards Total Quality Management.

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The (Near) Future of Hotel Travel Is here

EATER

As safety measures like masks and distancing threaten to carry on for another year, hotels amp up the perks, packages, and amenities to court travelers The new Hotel June, located in the beachside Playa Vista neighborhood of Los Angeles, was set to open last spring. Like restaurants, the hotel industry has been hard hit by COVID-19.

Hotels 124