The MICE segment in India will grow manifolds in the years to come. A lot of corporates are now also looking at domestic destinations for hosting incentive groups, which augurs well for hospitality players in the country. The way India is emerging in the global market it is certain that India is poised to grow… Read More Hotels and MICE
Revenue Management Strategies for F&B operations help optimize pricing, manage inventory effectively, and maximize revenue generation opportunities. Some revenue management strategies to optimize profitability and maximize revenue include: Menu Engineering: This strategy involves analyzing the profitability and popularity of menu items to determine their placement, pricing, and promotion. By identifying high-margin and popular dishes, restaurants… Read More Boosting F&B Revenues