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Data from our Food & Beverage Report H1 2024 reveals key shifts in delegate sizes across the UK. This graph shows how average delegate sizes in 2024 compare to previous years. Key Findings: 2024 delegate sizes are still below 2019 levels, indicating ongoing challenges in the Conference & Banqueting (C&B) sector. Although there has been a slight improvement from 2023, recovery is slow, especially for larger events. Smaller, more intimate gatherings are becoming the norm, pushing operators to rethink their C&B strategies. What’s Next? To succeed in this changing landscape, operators should focus on crafting experience-driven, personalised events that maximize profitability despite smaller group sizes. Download the full report for deeper insights and strategies to optimise your F&B performance. https://lnkd.in/eebkHvU4 ------------------ 📊 Data provided by Venue Performance #FandBCosts #COGSInsights #FandBReport2024 #AudenHospitality #innovation #thinkdifferently2024 #hospitality #hotels

Britain’s leading hospitality groups saw year-on-year sales growth of 2.7% in the week leading up to Christmas, with bars seeing an uplift of 20.5% following a year of decline, according to CGA by NIQ and RSM UK https://lnkd.in/dgKFk5rg

Maximizing Average Per Cover: Strategies to Enhance Hospitality Revenue

In the hospitality world, even the smallest pricing adjustments can have a big impact—especially when it comes to banquet services. From plated dinners to corporate events, ensuring your banquet offerings are priced just right can mean the difference between missed opportunities and substantial revenue gains. At ProSolutions, we give you the ability to dive deep into data to help hotels fine-tune their banquet pricing. By aligning with market demand and enhancing perceived value, small tweaks can quickly translate to noticeable increases in revenue. Plus, optimized pricing ensures you’re not just competitive but also appealing to a broader range of clients. What pricing strategies have you found effective for banquet services? Let’s share ideas and keep the conversation going! 👇 #BanquetRevenue #PricingOptimization #ProSolutions #RevenueGrowth #HospitalityInsights

Planning events don’t have to be nerve-wrecking, if you know what you want and who’s supplying what you need to execute it. Often the thought of planning an event comes with an inordinate helping of stress as events are an orchestration of multiple moving parts ALL.AT.ONCE. Some of the first questions you consider before event starting your event planning journey would be: ❓Key Outcomes Desired ❓Budget forecasts ❓Venue selection ❓Service providers ❓Legal and Licensing (where applicable) ❓ Attendee headcount ❓ Food and Beverage selections ❓ Back-up plan A+B+C …. And the list goes on! The ability to move like water through each step of the planning and execution process is the skill that brings a truly elevated event experience for both organizer and attendee. #eventplanning #eventexperts #LK #UAE #SG

Check out the 2024 Hospitality Report for insights and commentary on the industry for the period ending March 2024. The findings in the report align with what many are reporting to us about the current environment. Annual sales reach $15.7 billion, which is positive, however the period can best be characterized as one of mixed results. Despite the 5.8 per cent annual growth, we’ve also experienced some of the most challenging times over the past 12 months. #restaurantnz #hosponz #hospolifenz #cheflife #fohlife #serverlife Find out more and read the report here| https://lnkd.in/g_rvRDFf

Hello all, Got a chance to write a small article couple of days back for Hospisource on HoReCa trends in Asian Market. Share your expert views and inputs in the comments please. Happy Reading! Hospitality Regards! Upendra Kulkarni #hospitality #horeca #hotelconsulting #hcsgc #hcsglobalcorp #hotelierslife #hospitalitybeyondborders

📈 Exciting news for Britain's hospitality industry! The latest CGA RSM Hospitality Business Tracker report reveals a fantastic 5.2% surge in sales for the country's top hospitality groups throughout March 2024. After a slower start to the year, this growth is a welcome boost for the sector. An early Easter and holidays in March played a big role in this upswing. Pubs saw a whopping 7.2% increase in like-for-like sales, while restaurants enjoyed a steady growth of 3.4%. Karl Chessell, a director at CGA by NIQ, expressed his optimism about the rising consumer enthusiasm for celebrating holidays and special occasions in hospitality venues, despite economic challenges. With decreasing inflation rates and falling energy prices, consumers are feeling more positive, which could lead to more dining out, pub visits, and bar outings throughout 2024. This positive trend is a great sign for the recovery and expansion of the hospitality sector. Read the full CGA RSM Hospitality Business Tracker report here: https://lnkd.in/eYi8FTBH #InventoryManagement #BusinessSuccess #StocktakingTips #UKHospitality #HospitalityIndustry

93% of diners are more likely to book a restaurant with events. 🥳 'Tis the Season for Special Events! Our 🎟️ Event Ticketing System helps you: ⚡️Create Buzz Promote exciting holiday feasts and attract new customers. 💰Increase Revenue Generate additional income from ticket sales. ⚙️Streamline Management Easily manage events, tickets, and guest lists. ➡️ Ready to make this holiday season unforgettable? Book a demo today! #restaurantmarketing #events #holidayseason #eventticketing #revenueboost #guestconvenience #restaurantlife #restaurantmanagement #restaurantmanager #restauranttech #restauranttechnology #restaurantautomation #restauranthacks #restauranttips #restaurantmanagementsystem #restaurantmanagementsoftware #restaurantmanager #restaurant #bestrestaurants #MICHELINguide #michelinstar

The Future of F&B in Travel? ✨ Digitalisation ✨ 🚆 UK trains have embraced digital ordering. But why has this shift occurred, and which companies are leading the charge? 👉 Swipe to discover more Do you miss the classic ordering methods, or are you thrilled that your next order is just a few taps away? 👇 Share your thoughts in the comments below #Trains #digitalordering #foodandbeverage #traincatering #trainbuyonboard #buyonboardofferings #menu #LNER #AvantiWestCoast #Lumo