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The Secret Sauce of Menu Pricing

In the hospitality industry, whether you are running a hotel with food and beverage services or a managing full service restaurant or managing a catering company, pricing food is always the key to profits and it’s more important than ever before. There are several ways you can price your menu. One way is to set your […]

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Casinos Use Food & Beverage to Sweeten the Pot

Two decades ago, only two U.S. states had legal gambling and 48 states outlawed it. Today, 48 states have some form of legal gambling. Only Hawaii and Utah do not. While the total number of gambling outlets has multiplied, the size of the overall gambling market has not. “The national casino market is saturated,” said […]

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The Secret Sauce of Menu Pricing

In the digital age, savvy consumers review menus and compare prices online before choosing a restaurant. This means your pricing strategy is more important than ever. Pricing your menu includes both a top-down approach, where you factor in competitors’ prices, as well as seasonal and market supply and demand, and a bottom-up strategy, where you […]

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The Importance of Uniforms in the Hospitality Industry

Have you ever heard the expression, “Dress for the job you want, not the job you have”? Encouraging all employees in your organization to wear uniforms may help grow the success of your business. Here are Source1 Purchasing’s top 5 reasons why uniforms are important in the hospitality industry. 1. Look good, feel good If […]

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