Price optimization and sensitivity analysis are essential tools for refining your pricing strategy to maximize revenue. By understanding how price adjustments influence customer demand, you can pinpoint the ideal price...
Strong loyalty programs help hotel brands lower customer acquisition costs, increase direct-to-consumer access, and offset occupancy shortfalls during shoulder periods and weaker economic conditions. After analyzing publicly available data from...
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of Drinksgiving and Thanksgiving trends, FSR challenges, and "out-of-the-box" dining habits. An 'Out of the Ordinary' Year for Independents 2024 was...
No two Festive celebrations are alike. Some guests love a cosy dinner at their favourite local spot; others prefer to try somewhere new. Then, there are those who want to...
It’s impossible to kill a restaurant chain, even when it’s dead.This week’s episode of A Deeper Dive features a discussion on a fascinating phenomenon in the restaurant world lately: Operators...
The Global Artificial Intelligence Challenge will support projects that are leveraging digital technologies to enhance tourism, promote sustainability, and drive economic growth. Participants are encouraged to address digital transformation, sustainability,...
Introduction In today’s rapidly evolving hospitality industry, meeting guest expectations has become more challenging than ever. Modern travelers demand instant access to information, personalized services, and seamless experiences throughout their...
Country clubs have traditionally centered around leisure activities like golf, tennis, and dining, but many clubs are expanding their offerings to meet the needs of modern lifestyles. Here’s how clubs...
ATLANTA, Georgia—Officials of Five Star Group announced that Kimberly Rowell has been named executive vice president of Five Star Hospitality Management. Rowell joined the organization in February 2023 and has...
If you were to ask people who enjoy the finer things in life about the hallmarks of a luxury hotel, you would likely get responses that include quality, consistency, and...
