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Environmental |
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Power Purchase, Lease Agreements Make Combined Heat & Power More Affordable - By Glenn Hasek
With electricity and natural gas prices about to follow gasoline prices into the stratosphere, there is no better time to consider combined heat and power (CHP) as a means to lower utility bills - especially with CHP system providers offering so many attractive financing options. In fact, with some vendors you can have an on-site utility (power plant) installed with no upfront capital cost. CHP is ideal for hotels with 100 rooms and above.
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Two Companies, Two Different Blueprints for Reducing Global Warming
Businesspeople spend too much time worrying about the burdens brought by global warming -- the possibility of carbon taxes and greater regulation of emissions -- and ignoring the potential commercial upside, according to participants in a recent Wharton conference titled, 'Winners and Losers in Green Technologies,' sponsored by the William and Phyllis Mack Center for Technological Innovation.
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Food and Beverage |
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Food & Beverage - Make Room For Special Events - By Joe Dunbar
Eliminating the uncertainty of a covers forecast is helpful for everyone in restaurant management. Restaurants with a line around the block estimate with confidence their cover count on a busy night. They are less likely to over staff or miss their production requirements. The long line insures they will hit the maximum cover count.
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Measuring Bar Profits - Where Can You Improve? - By Ken Burgin
Whether it's wine, beer, spirits, coffee or soft-drinks, there are plenty of ways to look at the performance and profit-margins of beverage sales.
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Franchising an Important Component of Sales Growth for Many Restaurant Chains, Finds Technomic
A new report from foodservice consultants Technomic found that many top restaurant chains grew their 2007 sales through signing more franchisees, instead of relying on same-store sales increases. This held true for both limited-service and full-service sectors.
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Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from March 21, 2008 to July 21, 2008
Update from Restaurantchains.net on growing and emerging restaurant concepts
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Bennigan's Bankruptcy Indicative of Larger Casual Dining Woes, Says Technomic
The sudden timing of Bennigan's Chapter 7 filing may have surprised many industry observers, but the difficulties facing S & A Restaurant Corp. and many other casual dining chains have been readily apparent for some time.
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Internet |
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How to Connect with your Guests through Social Media
Web 2.0 is no longer considered an 'innovation'. It's a standard. The internet is now a place for sharing and social interaction. The smartest businesses in the world are using this social interaction to their benefit - through blogs, streaming video, and online communities, where people come together to trade links, ideas, and information 24 hours a day. There's a good chance that your hotel can benefit from marketing through social media. I'm going to walk you through some of the ways you can do so, and increase your profits along the way.
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Management |
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Principles for success as a manager - Part three: Using your management style effectively - By John Hogan
In 1960, Douglas McGregor (1906-1964), a Management professor at the MIT Sloan School of Management authored a book on management titled: The Human Side of Enterprise. This offered an approach of creating business environments within which employees are motivated via authoritative, direction and control or integration and self-control, which he called theory X and theory Y, respectively.
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The Science of Hotel Sales - The Benchmarking Imperative for Success in a Difficult Economy - By Carol Verret
This topic may not rate high on the 'sexiness' meter in a period where hotels are frantically seeking new strategies to generate demand but managers and owners will love it as it gives them information they need to evaluate sales strategies!
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Principles for success as a manager - Part four: Communicating with clarity and candor - By John Hogan
In his #1 bestseller, The 7 Habits of Highly Effective People, Stephen Covey presented a framework for personal effectiveness. Habit 2, 'Begin with the End in Mind', is part of the paradigm of DEPENDENCE, which is relying upon others to take care of us.
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