Hotels
American Hotel Income Properties REIT (OTCMKTS:AHOTF) Price Target Raised to C$3.00 at National Bank Financial
American Hotel Income Properties REIT (OTCMKTS:AHOTF – Get Rating) had its price objective hoisted by National Bank Financial to C$3.00 in a research report released on Monday morning, The Fly reports. Separately, Scotiabank dropped their price objective on American Hotel Income Properties REIT from C$3.75 to C$3.50 in a report on Tuesday, March 7th. American Hotel Income Properties REIT Stock Performance AHOTF opened at $1.90 on Monday. American Hotel Income Properties REIT has a one year low of $1.69 and a one year high of $3.06. The business’s 50-day simple moving average is $1.84 and its 200-day simple moving average…
Hotels
InterContinental Hotels Group (LON:IHG) Lowered to Sell at Redburn Partners
Redburn Partners lowered shares of InterContinental Hotels Group (LON:IHG – Get Rating) to sell a rating in a research note issued to investors on Tuesday morning, reports Marketbeat Ratings. Several other equity analysts have also recently issued reports on the company. Jefferies Financial Group lifted their price target on InterContinental Hotels Group from GBX 5,500 ($67.54) to GBX 6,200 ($76.14) and gave the company a buy rating in a research report on Wednesday, January 25th. JPMorgan Chase & Co. reduced their price objective on InterContinental Hotels Group from GBX 6,200 ($76.14) to GBX 6,000 ($73.68) and set a neutral rating…
Hotels
Happy hour menu ideas for your restaurant
There’s nothing like kicking back and relaxing with a cheap drink after a hard day’s work. As most people have returned to in-person activities, the demand for happy hour has risen. Whether you offer a nice selection of wines or are known for your fun cocktails, featuring happy hour discounts is a sure way to get more customers to place an order. It’s 5 o’clock somewhere, right? When you’re looking for ways to maximize restaurant revenue, happy hour is a cost-effective option — you can start with just a few fun menu ideas and your regularly scheduled staff. This classic…
Hotels
How To Prevent Cross Contamination at Your Restaurant
When you’re running a restaurant, food safety is a top priority. Proper food handling and storage, combined with strict cleaning procedures, can prevent cross-contamination and reduce the risk of food-borne illnesses. What is cross contamination? Food cross contamination occurs when unsafe bacteria are transferred from one type of food to another. If someone eats cross-contaminated food that’s not properly cooked, it can cause food poisoning and other health conditions. Typically, contamination occurs as a result of incorrect food-handling procedures — chopping raw chicken and vegetables on the same cutting board without cleaning it, for example. Certain foods present a high…
Hotels
How to control your food expenses
alone — the rising price of food is one of the biggest challenges for restaurant owners in 2023. While costs are always subject to fluctuation, this year brings a perfect storm of economic forces. Inflation, persistent supply chain disruptions, and a possible recession are driving increases of 10% or more across the board. By finding ways to control costs, you can maintain a positive cash flow and protect your bottom line. What impacts the cost of food? The global food market is complex and interconnected, which means an incident across the world can have a significant impact on your restaurant’s…
Hotels
How to leverage customer data for your restaurant
Restaurant owners have endless data at their fingertips from a variety of sources — point-of-sale (POS) systems, marketing platforms, inventory trackers and scheduling software, to name a few. But do you know how to use this data to your advantage? While it might take some time to understand up front, data analytics can help position your business for long-term growth. By learning how to categorize, collect, and use customer information, you can improve your marketing and build stronger customer relationships. What are the four types of restaurant customer data? When you start working with customer data for your restaurant, the…
Hotels
How to collaborate with micro influencers to grow restaurant sales
Social media can have a big impact on users’ food choices — scroll through Instagram food posts on an empty stomach and you’ll experience the effect for yourself. The power of social media suggestion is so strong, in fact, that it’s a cornerstone of many restaurants’ marketing strategies. One study found that 53% of millennials have eaten or ordered from restaurants after coming across them on TikTok. Social media has a direct influence on diners. If you run a restaurant, now’s the time to go all in on social media. As you expand your online presence, working with micro-influencers is…