hotel restaurant
Ten Tips to Maintain Hotel Restaurant Margins During Ongoing Inflation
Larry and Adam Mogelonsky | June 22, 2022
By Larry and Adam Mogelonsky First it was the initial COVID-19 disruptions and the knock-on effects of inflationary money printing. Now it’s the war in Ukraine and the next round of lockdowns in China affecting shipping out of Shanghai, Shenzhen or Ningbo. And then there are all the forces preventing your restaurants from properly staffing up. Such macroeconomic supply shocks will continue to plague your F&B operations for the rest of the year and (our prediction at least) for the better half of the decade ahead. How do you adjust? There are steps you must take in the immediate term to maintain profitability but, importantly, thes...
Meyer Jabara Hotels Offers Expert Advice on How to Better Manage Hotel F&B Amidst Today’s Labor & Supply Chain Shortages
Meyer Jabara Hotels | May 3, 2022
Operating 30 hotels and 20 restaurants in 12 states, this leading hotel management group sites 7 ways to cut costs, maximize staffing, and emerge profitable in the days ahead [Danbury, Conn., May 3, 2022] — As the hospitality industry continues to deal with the labor crisis, the surmounting lack of truckers is putting even more strain on hotel and restaurant operations. Fewer drivers means an increase in the price of goods and the cost of delivery. With people eager to travel again, hoteliers with food-and-beverage operations are asking “What can we do differently to run our f&b departments more efficiently?” Meyer Jabara Hotels...
Where Have All the Breadbaskets Gone?
Larry and Adam Mogelonsky | November 10, 2021
By Larry and Adam Mogelonsky Before the pandemic, it was quite customary in restaurants to whet the appetite with the tableside delivery of a breadbasket, or some variation of a small loaf of bread, as a welcome to the establishment. There has always been a positive symbolism with this act, as breaking bread not only increases meal satisfaction by alleviating any hunger pangs but also implies a deeper sense of trust and camaraderie. There’s more here on the psychological and monetary front. The bread serves as a timing delay tactic, giving the kitchen more time to prepare the selected appetizers and mains while simultaneously easing t...
Bringing in Blue Zone Foods
Larry Mogelonsky | December 23, 2020
By Larry Mogelonsky, MBA, P. Eng. (www.hotelmogel.com) As New Year’s Eve approaches, we all succumb to the perfunctory promises of self-improvement for the following 12 months. With 2020 being the dumpster fire that it is, the bar is probably a bit lower for goals heading in 2021 over past years. Nevertheless, I bet that staying in shape or incorporating some form of healthier eating habits tops the list. Importantly, if you have dietary resolutions, no doubt your guests do, too. And they’ll be looking for hotels to accommodate their needs accordingly. With most diets continually trending in the direction of healthier, cleaner, orga...
This Is Why You Keep Your Restaurant’s Signature Dish
Larry Mogelonsky | September 16, 2020
By Larry Mogelonsky, MBA, P. Eng. (www.hotelmogel.com) Chefs are creative individuals and I’m continually blown away by what these professionals can do when challenged to explore their passion. But a restaurant needs some marketing sensibility if it going to thrive, especially in a hotel or urban capacity where there are numerous other independent and more agile operations to compete with. While some executive chefs are themselves tremendous impresarios or, dare I say, celebrity chefs, many others need to be reined in so that the menus are in stride with what the market wants and so that they fit with the dining outlet’s theme for a...
Food for Thought for the World’s Restauranteurs
PolyU’s School of Hotel and Tourism Management | May 15, 2020
Restauranteurs will for the first time have a highly accurate way to measure their financial constraints, thanks to a pioneering index recently developed by Dr. Sung Gyun Mun of the School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University and his co-researcher. Although the restaurant industry is a vital driver of economic growth around the globe, restaurant firms are still subject to financial constraints that can pose a severe threat to their survival. Until now, little effort has been made to explore the financial pressure facing firms in the specific context of the restaurant industry. In their ground-breaking...
As Restaurants Evolve, The Core Experience Remains
Larry Mogelonsky | May 29, 2019
By Larry Mogelonsky, MBA, P. Eng. (www.hotelmogel.com) Up until the hospitality industry started to change over half a century ago, everyone was accustomed to believing that a city's best restaurant would be found at a luxury hotel downtown. Such a property's premier restaurant would often serve as a perennial draw for both out-of-towners as well as locals, with reservations coveted and those seated immediately bestowing status upon their patrons. For today's more spontaneous, less formal, less pretentious, more parsimonious and Google-Yelp-TripAdvisor-driven culture, dining out is as popular as ever but we've blunted the experience in ...
Restaurant Revenue Management Practices: Altering Customer Perceptions
Dr. Reza Etemad-Sajadi | May 10, 2018
By Dr. Reza Etemad-Sajadi Revenue management is all about pricing strategies to allocate the right capacity to the right customer, at the right place, at the right time. Airlines and hotels use such practices, and their customers seem to see the benefits. However, for the restaurant industry, things are different. Based on our research, we found that the majority of revenue management practices in the restaurant business are perceived as unfair (see Table 1). Customers though seem to accept price variations between lunch and dinner, as well as cancellations due to late arrivals. The practice which is perceived to be most unfair is the...
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