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Revenue Management

318 posts

[[ 12 ]]

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  • 8 min

The ultimate guide to Revenue Management Systems (RMS)

  • Kristina Liebute1
  • 10 March 2025
```html 💸 ``` Hotels using Atomize RMS have seen up to 35% more Revenue per Available Room (RevPAR) and up to 37% higher Average Daily Rate (ADR). Implementing an RMS like Atomize, part of Mews, enables real-time data access, rate adjustments, and strategic planning. An RMS automates pricing based on demand, competitor pricing, booking trends, and market conditions. Frimurarehotellet saves 20-30 hours monthly by utilizing Atomize's automated pricing. RMSs are ideal for properties with more than 10 rooms in competitive markets, offering real-time optimization, AI-driven insights, and cloud-based flexibility. Revenue managers benefit from RMS by shifting focus from manual tasks to strategic oversight, enhancing overall profitability. Atomize's two-way integration with PMS simplifies revenue management, providing time-saving automation.
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  • 1 min

Mild, hearty, comforting Japanese curry

  • NRN staff Datassential Ally MacConchie
  • 10 March 2025
🍛 Japanese curry, known for its mild and comforting taste, has seen a 120% increase on U.S. menus over the last four years. With half of the U.S. population familiar with it, its sweet and accessible flavor appeals particularly to Asian and millennial consumers, with 19% having tried it. Its growing accessibility in U.S. grocery stores reflects the rising interest in globally inspired comfort foods. Fast-casual chain Tender Greens features a Japanese chicken curry dish.
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  • 1 min

Hotel Blackout Dates:  How Hotels Can Maximize Profits

  • Vanshikha Dhar
  • 6 March 2025
📆 Hotels implement blackout dates to capitalize on high-demand periods, aiming to optimize rates, manage inventory, and increase profitability. The article, written by Vanshikha Dhar and shared on Hotelogix Blog, does not provide specific dates, locations, or numerical data within the provided text. The concept is presented broadly without specific examples or statistical information. The article's image was uploaded on March 6, 2025, according to the metadata.
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  • 2 min

6 Creative takes on the Espresso Martini

  • Bret Thorn
  • 5 March 2025
🍴 Bret Thorn, Senior Food & Beverage Editor for Nation’s Restaurant News and Restaurant Hospitality since 1999, hosts the podcast "In the Kitchen with Bret Thorn." Wrote for The New York Sun (2005-2008), and in Thailand for Manager magazine and Asia Times newspaper. Graduated magna cum laude from Tufts University, studied at Le Cordon Bleu, and during Tiananmen Square in 1989, worked for ABC News. Won the 2006 Jesse H. Neal Award, was IFEC president in 2005, and authored food entries in Oxford publications (2012, 2015). Inducted into Disciples d'Escoffier in 2014, based in Brooklyn, New York.
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  • 3 min

How Grassfed Hospitality earned Miami’s only Michelin Green Stars

  • Joanna Fantozzi
  • 4 March 2025
🍴 Grassfed Hospitality, during the pandemic, emphasized sustainability in their operations. Los Félix, part of their portfolio, is a Michelin-starred restaurant focusing on heritage corn from Mexico. Krüs Kitchen serves seafood and seasonal dishes. Together, they have two Michelin Green Stars, the only ones in Miami and among three in Florida. Grassfed doesn't aim for accolades but to set industry standards. They've added composting, use local dairy, avoid seed oils, and source sustainably caught seafood over 30 pounds. Despite higher costs, they maintain their practices. The group is expanding with Süm in Atlanta, continuing their sustainability efforts.
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  • 2 min

Chefs on the Move: Recent culinary appointments across the country

  • Bret Thorn Ally MacConchie
  • 4 March 2025
🍴 Bret Thorn, Senior Food & Beverage Editor for Nation’s Restaurant News and Restaurant Hospitality, hosts a podcast and wrote for The New York Sun (2005-2008). He joined Nation’s Restaurant News in 1999, after five years in Thailand writing for Manager magazine and Asia Times. A magna cum laude graduate from Tufts University and Le Cordon Bleu trained, Thorn won the 2006 Jesse H. Neal Award. Inducted into the Disciples d’Escoffier in 2014, he's a Colorado native residing in Brooklyn, N.Y.
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  • 3 min

50 Best is crowning North America’s 50 Best Restaurants later this year

  • Kevin Gray
  • 4 March 2025
🍴 William Reed will publish North America's 50 Best Restaurants, featuring the U.S., Canada, and parts of the Caribbean, excluding Mexico, Cuba, and the Dominican Republic which are part of Latin America's 50 Best since 2013. The top-50 list is to be announced at a live ceremony later this year, on a date yet to be confirmed. U.S. restaurants like New York's Eleven Madison Park and Atomix, as well as California's SingleThread, have previously made the World’s 50 Best list. The North American rankings are derived from a panel of 300 anonymous voters, including chefs, journalists, and gourmets, with no participation fee for restaurants.
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  • 3 min

The Real Price of Rate Disparity: How OTA Undercutting is Inflating Your Advertising Costs

  • Tony Loeb
  • 4 March 2025
🏨 In a study tracking over 27 million CPC impressions, hotels allowing OTAs to undercut direct rates paid 47% more per click for their own brand name. Rate parity strategies still resulted in a nearly 36% CPC increase. This competitive bidding drives up marketing costs and diverts funds from other guest services. OTAs are not the villain; they help fill rooms and offer broad exposure. However, the key for hotels is to maintain rate integrity, ensuring the best prices on their own websites and fostering direct guest relationships. Industry trends indicate by 2030, direct bookings may surpass OTA reservations, highlighting the importance of prioritizing direct rate attractiveness for future business sustainability.
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  • 2 min

Ánimo! makes authentic Mexican breakfast and lunch accessible to NYC

  • Ally MacConchie
  • 27 February 2025
🍕 Roberto Levinson, after moving to New York City from Monterrey, Mexico, opened “Ánimo!” to offer authentic Mexican breakfast options. The 1,100 square-foot restaurant, located at 2nd Avenue and 53rd Street in Midtown Manhattan, seats 28 and serves breakfast and lunch, with dishes like Hot Cakes with Glorias and Chilaquiles Rojos. Also featuring a full espresso bar with drinks such as Mexican Vanilla Latte and Café de Olla, Ánimo! opened in October 2024 and plans to expand with a second location and a new dinner menu starting March 21.
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  • 4 min

James Beard Foundation names 2025 America’s Classics Awards

  • Ron Ruggless
  • 27 February 2025
🍴 Six locally owned restaurants were awarded the James Beard Foundation's 2025 America's Classics Award: Lem’s Bar-B-Q in Chicago, The Pioneer Saloon in Ketchum, Idaho, Sullivan’s Castle Island in Boston, Lucky Wishbone in Anchorage, Alaska, Dooky Chase in New Orleans, and Gaido’s in Galveston, Texas. Since 1998, over 100 U.S. restaurants have been honored. The awards ceremony will take place on June 16 at the Lyric Opera of Chicago. Restaurants are nominated by the public and awards voters from October through November.
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