The Top 7 Ways to Increase Your Food & Beverage Revenues  

We are always looking for ways to increase our top line as top-line revenue improvement is always the easiest way to improve your bottom line!

 

Some quick and easy thoughts:

 

1.     How is your restaurant viewed? What do visitors think about the experience?  Look on Yelp, Open Table, Trip Adviser, Foursquare, Zagat, or many others. If people don't like your restaurant, people won't go. So, what is the fix for this? Work with your team to dissect the feedback.  Believe what people are saying. Don’t be in denial! Respond to any negatives, and then also, try to increase your general number of surveys with more positive to dilute any negatives.

     

 
   Hotel F&B Analysis Visits- can you afford it? 
  • With this program you will have direct insight into each of your hotel’s Food & Beverage Operations, along with a roadmap to success and savings.
  • The cost of $1600 can pay for itself in one month and yield greater benefits over the next year.
  • It is easy for you, it is non-invasive for each hotel, and will produce realistic benefits.

     

 
   Servicing the nightmare!

“They sell the dream; we have to service the nightmare?”  I hear this over and over from operating teams about how the sales and revenue management teams sell the hotel.

 

Always be sure to look at this from both sides. Of course, I know that you want the sales teams to be aggressive at your hotels as these keep everyone in business, “but if only……” you think. 

     

 
   Let’s talk about the importance of reviewing your property's performance at least once a year. 

Let’s talk about the importance of reviewing your property's performance at least once a year.

You would be surprised at some of the results I see as I visit properties throughout the year. Most have led to the discovery of considerable low-hanging fruits in areas that need work. Often resulting in improved revenues, efficiencies, and bottom line improvements.