Pebblebrook Hotel Trust (NYSE:PEB) Price Target Cut to $16.00 by Analysts at Truist Financial
Pebblebrook Hotel Trust (NYSE:PEB – Get Rating) had its price objective lowered by equity researchers at Truist Financial from $18.00 to $16.00 in a note issued to investors on Thursday, The Fly reports. Truist Financial’s price target would indicate a potential upside of 12.60% from the company’s current price. A number of other research analysts have also issued reports on the stock. Barclays reduced their target price on shares of Pebblebrook Hotel Trust from $22.00 to $18.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 21st. The Street lowered shares of Pebblebrook Hotel…
9 Tips for Becoming an Environmentally Green Restaurant
Sustainability is a big issue for modern consumers — they want to know their money is going to responsible businesses. In fact, 70% of Millennials and Gen Z consumers are willing to pay more for sustainable products. Modern diners are increasingly motivated to order from sustainable restaurants. The shift toward eco-friendly and socially conscious practices creates an opportunity for restaurant owners. If you can show a commitment to sustainable operations, you can win customer confidence and create a lasting legacy. So how can your restaurant go green? Keep reading to find out. What are sustainable restaurants? Sustainable restaurants embrace practices…
Finding the Right Restaurant Insurance
When you open a restaurant, insurance is one of the most important investments you can make. Like car insurance or health insurance, these commercial policies help you manage the financial risks that come with doing business. Is your restaurant protected? What is restaurant insurance? Restaurant insurance is coverage that protects your business from financial losses when unexpected problems arise. It can help you cover legal and medical costs for customer injuries, for example, or pay for repairs and lost income after a kitchen fire. Running a restaurant is inherently risky — the equipment is expensive, profit margins are narrow and…
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…
How Restaurants Should Be Using Sustainable Food Containers
As younger, environmentally conscious diners become a majority of the food-industry customer base, many restaurants are making sustainability a top priority. To-go containers are a key focus — disposable packaging is a significant contributor to commercial waste. The right sustainable products can help you protect the environment while maintaining food quality. Why sustainability matters Increasing restaurant sustainability is one way to reduce your impact on the environment, especially when it comes to takeout containers. According to the EPA, containers and packaging are responsible for more than 23% of all the trash that goes to landfills in the United States. By…
Improving Online Ordering With Images
Looking for a sure-fire way to win the attention of Grubhub customers and improve their online ordering experience? Try adding a few images to your restaurant’s menu through the Grubhub for Restaurants platform. Including photos can increase sales of menu items by up to 30 percent – and it’s easy to see why. From improving order accuracy to giving customers a better idea of what to expect, images can help deliver an online ordering experience that customers are hungry for. Why great restaurant photography improves diners’ online ordering experience Integrating images into your restaurant’s online presence greatly improves customer satisfaction.…
The 9 most popular restaurant delivery days
Marketing for restaurant delivery is a tricky mix of strategy and timing. Throw in a need for creativity (who’s going to come up with weekly topics and track what’s relevant) and it can be tough for restaurant owners and operators to find time in their busy schedules to find ways to promote their eatery. But the fact is, marketing remains one of the most important tasks on your to-do list because it’s the easiest way to keep your diners engaged and your restaurant top of mind. For example, pairing promotions with a boosted social media presence can help generate business…