Optimizing Revenue for Hospitality
Strategic Revenue Solutions for Hospitality Clients
Wine Program Design
We have a passion for wine and the skill-set to create a specialized wine framework for your business. The objective is to revitalize, add enthusiasm and attract all levels of wine enthusiasts. By presenting a structured, harmonious wine list, an integrated purchasing and inventory strategy and menu engineering, we will personalize your operation and enhance bottom line. Based on your performance goals, we are able to conceptually develop and redefine your current program or wine bar.
Menu Engineering
We begin by redesigning your menu offerings so they fulfill guest expectations and align with your business performance goals. This is accomplished by analyzing menu popularity and evaluating cost, margin and pricing. We will assist you with a decision to optimize revenue and profit objectives through flexible pricing and labor planning during high and low customer demand times.
Concept Repositioning
In the ever-changing world of hospitality, it is critical for businesses to explore innovative concepts. Restoring and transforming a restaurant’s profile is paramount to maintaining a competitive edge. Whether it is a new menu concept to strengthen an existing brand, or an entirely new restaurant branding, we offer fresh ideas to attract new guests and encourage your repeat guest segment. This may be an ideal, timely decision to restart your marketing efforts and captivate a happy audience.
Operational Analysis
Non-essential expenses are incurred when operations run inefficiently. These hidden expenses may be reduced by identifying specific areas in your P&L statement, such as labor and food costs, energy, inventory and purchasing management. Reducing these expenses by introducing more streamlined procedures will allow more cash to be allocated to other line items and improve profitability.
Group Profit Optimization
A tool that produces a fully vetted profitable Group Proposal for all revenue streams: Rooms; Meeting Space; Food & Beverage. All Sales Teams can benefit from a system that yields current room rates; availability; meeting space; and food & beverage into one balanced profitable meeting proposal. Our system flexes any of the Group revenue streams to meet the needs of the meeting planner and the hotel’s profitability goals to create a win-win!
Ready to Optimize Your Revenue?
Contact us now to discover how our consultancy can boost your business.