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Food and Beverage |
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Food & Beverage - Pricing A Catering Menu - By Joe Dunbar
The best tool for caterers involved in menu package pricing decisions is a fantastic cost accounting system. If all costs are known well, the job of menu pricing is simply one of determining the correct markup percentage. On the other hand, no amount of competitor analysis can compensate for poor cost analysis.
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Food & Beverage - Leveraging Your Investment in Food Cost Control - By Joe Dunbar
The current economy presents a once in a lifetime opportunity for the operators who have an effective food cost control system in place. Imagine adding rampant commodity price increases to an out of control food cost mess. Can you picture the meetings in operations with soaring food prices, theft, poor ordering, waste and lousy portion control? Obviously, the managers who were already abusing the lax system will contribute all the bad news to the market conditions.
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Consumer Catering Opportunities Offer Bright Spot for Restaurants and Retailers, Says Technomic
A recent survey by foodservice consultants Technomic revealed that a substantial number of consumers turn to restaurants and food retailers to fill the stomachs of their guests when hosting parties and other social events in their homes.
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Uncertain Economy Dampens Restaurant Industry Outlook as Restaurant Performance Index Stood Below 100 for 10th Consecutive Month
Operators continued to report lower sales and traffic levels, Capital spending remains soft
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Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from May 22, 2008 to September 22, 2008
Update from Restaurantchains.net on growing and emerging restaurant concepts
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Roy MacNaughton, Co-Founder Of Restaurant Marketing For Free.com, Announces The Online Publication Of His New E-Book By The Same Name
This 88-page e-book is a distillation of the tried and true ways of 'marketing' for the restaurant industry - and the suppliers to it - combined with more than 30 cutting edge tactics to use on the Internet when marketing one's restaurant or food service outlet.
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Food & Beverage - 7 Ways to Help Customers Spend More With You - By Ken Burgin
When money is tight, nothing should come between a customer and their purchase.
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Market Reports |
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Canadian Occupancy, ADR, RevPAR - Week Ending September 20, 2008
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.
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STR reports U.S. hotel performance for August 2008
The U.S. hotel industry posted a 0.8-percent decline in RevPAR for the month of August 2008, according to data from STR. The monthly decrease in RevPAR was precipitated by declining occupancy, while ADR continued to increase.
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HVS Market Intelligence Report: Columbus, Ohio - By Stacey Nadolny
Hoteliers stand to reap the benefits of this capital city's revitalization, especially downtown.
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Caribbean Hotel Revenues Decline In 2008
Analysis of Caribbean hotel performance by STR reveals a 5.6-percent RevPAR decline for 2008 through July. Hotel demand grew 0.4 percent during the period, however new supply growth and rate decreases led to decreased revenue for the region.
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Occupancy Continued To Decline Globally In August, RevPAR Results Mixed
The global hotel industry recorded regionally mixed RevPAR results for the month of August 2008, according to data from STR and STR Global. August occupancies fell in every world region. Data for the survey was gathered from more than 36,150 hotels comprising 4.93 million guestrooms worldwide.
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Tourism will Grow Smartly - World Tourism Day 2008 Think Tank
Tourism growth must be pursued with increasing emphasis on ethics, local community involvement as well as reducing carbon emissions systematically. This is the main conclusion of this year's World Tourism Day (WTD) Think Tank held on the theme 'Tourism Responding to the Challenge of Climate Change'. The official celebrations took place in Lima, Peru.
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Weekly U.S. Lodging Performance for the week ending 27 September 2008
The U.S. hotel industry posted occupancy and RevPAR declines during the week of 21 - 27 September 2008, according to data from STR. Average Daily Rate increased.
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Other Articles |
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Internet Gambling Will Continue to Grow in Eastern Europe Regardless of Recession Says GBGC Analyst
Gambling revenues throughout the world are expected to decline in the coming months as the global recession finally takes hold. Already the numbers coming from Las Vegas and the UK are down on the previous year as are most of the land based gambling industries. However GBGC has spotted that Internet gambling in Eastern Europe helped by the roll out of broadband, changes in law and a propensity to gamble is likely to cause a move against trend.
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'She gets too hungry, for dinner at eight...' - How to Elevate the Dining Experience - By J. Ragsdale Hendrie
Just picture this. You are at a music festival, seated, awaiting the top performer. He enters, the lights dim, spots begin to cross the stage, the band strikes up. Soon, you are tapping your feet, perhaps drumming your fingers, beginning to sway, mouthing the words, bopping your head. The song moves into the finale. Crescendo!
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Pearo Named New Editor of Cornell Center for Hospitality Research Publications
Cornell Hospitality Reports series continues to expand
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Technology |
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Travel themes to emerge in the next 12-18 months
The Travel Innovation Summit at The PhoCusWright Conference will showcase the travel industry's hottest, most innovative Web and mobile-based applications. In assembling this first-ever event featuring innovators from around the world, seven key themes emerge. Following is a preview of the next big wave of ideas that will shape the travel marketplace over the next 12 to 18 months.
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