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Revenue Management

321 posts

[[ 12 ]]

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  • 3 min

Beyond OTAs: The Best Alternative Revenue Streams for Hotels

  • Mia Belle Frothingham
  • 14 March 2025
💸 Hotels can boost revenue beyond room bookings through upselling and cross-selling, monetizing spaces like conference rooms and event spaces, enhancing food & beverage sales, offering unique experiences, selling branded merchandise, creating loyalty programs, and forming strategic partnerships. RevOptimum specializes in aiding hotels to develop and optimize these strategies to decrease OTA dependency and enhance profitability. Contact RevOptimum for tailored revenue growth plans for your hotel property.
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  • 2 min

Restaurant chains roll out seafood specials for Lent

  • Bret Thorn Patricia Cobe
  • 11 March 2025
🍳 Bret Thorn, Senior Food & Beverage Editor for Nation's Restaurant News and Restaurant Hospitality, guides F&B trends coverage since 1999. Host of "In the Kitchen with Bret Thorn" podcast, he reported on foodservice operations and authored a column for The New York Sun (2005-2008). With a BA in history from Tufts University and studies at Le Cordon Bleu, Thorn reported from China in 1989 for ABC News. His work includes entries for the Oxford Encyclopedia of Food and Drink in America (2012) and Oxford Companion to Sugar and Sweets (2015). He won the 2006 Jesse H. Neal National Business Journalism Award and was inducted into the Disciples d'Escoffier in 2014. 📧 [email protected]
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  • 3 min

Dinner with Salt Bae

  • Bret Thorn
  • 11 March 2025
🍾 Nusret Gökçe, known as Salt Bae, gained fame in 2017 for a viral video of his unique salt-sprinkling technique. He founded the first of his 17 Nusr-Et steakhouses in Istanbul in 2010. Despite setbacks, including failed ventures and lawsuits, he announced expansion plans in January for new locations in Mexico City, Rome, Milan, and Ibiza. The 2022 World Cup saw Gökçe in a controversial incident involving the trophy. One Nusr-Et steakhouse in New York City's Meatpacking District closed in May, with intentions to relocate to Times Square. The Midtown location, formerly the China Grill, now caters to tourists and theatergoers. The dining experience is theatrical, with a menu featuring mostly wagyu beef and dramatic presentations, like the Smoked Saltbae Old Fashioned. The Golden Reserve Selection offers steaks and burgers with gold leaf, including a $180 Golden Burger and a $950 Golden Tomahawk.
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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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