Hotels
How restaurant AI can work for your business
When you think of restaurant AI, you might imagine a kitchen run by sophisticated robots. While automated chefs may be possible in the future, current restaurant technology solutions are focused on driving efficiency and improving the customer experience. Restaurants are using AI technology to streamline every aspect of operations, including ordering, delivery, back-of-house workflows and supply-chain management. The best part? AI is readily available — in fact, you can start implementing it in your restaurant today. How AI is being used in restaurants today AI is everywhere in the restaurant industry; in many cases, companies are building machine learning into…
Hotels
FY2024 EPS Estimates for Host Hotels & Resorts, Inc. Raised by Analyst (NASDAQ:HST)
Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Rating) – Zacks Research increased their FY2024 earnings estimates for shares of Host Hotels & Resorts in a note issued to investors on Thursday, June 22nd. Zacks Research analyst N. Dass now anticipates that the company will post earnings per share of $1.87 for the year, up from their previous estimate of $1.86. The consensus estimate for Host Hotels & Resorts’ current full-year earnings is $1.91 per share. HST has been the subject of several other research reports. Morgan Stanley upped their price objective on shares of Host Hotels & Resorts from…
Hotels
19 June food holidays for your restaurant to celebrate
Did you know 45% of US customers say they’ve tried a new restaurant after seeing a restaurant’s post on social media? That’s why it’s more important than ever to make sure your restaurant is establishing an effective social media strategy to grab customers’ attention. One great way to make your restaurant stand out online is to celebrate national food holidays on social media. Take a look at these tips on how you can take advantage of food holidays this month and keep scrolling to get the full June calendar. What are national food holidays? National food holidays are micro holidays…
Hotels
What you need to know about tip pooling
Tips are an integral part of the restaurant industry. They motivate employees to provide exceptional service, creating an experience that brings customers back time and again. For employers in many states, tips can also make up the difference between the server minimum wage and the federal minimum wage. If you’re looking for ways to distribute tips more fairly among employees, tip pooling is one option. What are the tips for pooling? Tip pooling is a practice where restaurant employees put all or part of their tips into a communal pool. The employer divides the total funds among eligible workers, either…
Hotels
Restaurant Logo Ideas | Grubhub for Restaurants
Your restaurant’s logo is the most recognizable and influential part of your restaurant’s brand — it helps your company stand out in a crowd and creates a strong connection with customers. Logos create a visual and emotional tie between customers and their favorite brands. If you ask the average diner what a McDonald’s logo looks like or what colors the Domino’s logo has, they probably can answer at the drop of a hat. Creating a logo that resonates with customers can help make your restaurant more recognizable, keeping your brand on customers’ minds. If your logo is ready for a…
Hotels
Restaurant health scores: preparing for a successful inspection
When customers are choosing where to eat, restaurant health scores are one of the metrics they use to gauge quality and safety. A high score is a vote of confidence that can give your restaurant a competitive advantage. It also helps you avoid fines and maintain positive relationships with local health officials. What are restaurant health scores? A restaurant health score is the rating the state or county health department gives your restaurant after an inspection. It tells the public how well you’re complying with local and state food safety laws. In many areas including New York City, restaurants are…
Hotels
Insider Selling: Sotherly Hotels Inc. (NASDAQ:SOHO) Chairman Sells $39,600.00 in Stock
Sotherly Hotels Inc. (NASDAQ:SOHO – Get Rating) Chairman Andrew Sims sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 29th. The shares were sold at an average price of $1.98, for a total transaction of $39,600.00. Following the completion of the sale, the chairman now owns 1,500 shares of the company’s stock, valued at approximately $2,970. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Sotherly Hotels Stock Performance Shares of SOHO opened at $2.00 on Friday. The company has a debt-to-equity ratio of 6.27, a quick ratio of…