cost saving strategies
5 Tips for Cutting Down Food Costs
HotStats | September 17, 2020
With COVID-19 slicing into hotel profit, cutting food costs is more important than ever—especially with so many hotels now relying on food and beverage (F&B) services to meet guest expectations. If hoteliers want to drive profit in the wake of COVID-19, it’s crucial to monitor F&B costs. Otherwise, the expenses from these important operations could be draining critical cashflow. Luckily, there are simple ways a hotel or resort can grab control of its F&B expenses and increase profit. And lowering food costs is at the core of that plan. Here are five ways to lower food costs in the hotel industry in the face of COVID-19: ...