Michelle Russo
Top 10 F&B Revenue Management Tips for Hotel Restaurants
Silvie Cohen | July 6, 2021
By Silvie Cohen, David Israel As restaurants emerge from the COVID-19 pandemic, operators remain challenged by nationwide labor shortages, the rising cost of wages, and the increasing cost of goods. To mitigate these bottom-line issues, just like hotels and airlines deploy revenue management techniques to push sales, there are strategies F&B teams can deploy to optimize their top line as well. This article takes you through F&B revenue management tips to help restauranteurs improve profitability. Top 10 F&B Revenue Management Tips for Hotel Restaurants: - Prix-Fixe Menus: Explore offering a fixed three-course menu for...
hotelAVE Appoints Chris Hague as Chief Operating Officer
hotelAVE | September 8, 2020
PROVIDENCE, R.I., Sept. 8, 2020 - Hotel Asset Value Enhancement (hotelAVE), the premier hotel asset management company, today announced the appointment of Chris Hague as Chief Operating Officer. Chris will play a critical role in overseeing operations, furthering the company's commitment to exceeding client and partner expectations. The announcement was made by Michelle Russo, Chief Executive Officer. "We are honored to welcome Chris to the hotelAVE team, and we are beyond excited to have the privilege of working alongside him," said Russo. "During this pivotal time in the industry, it is imperative that we have a strong team of execut...
HotelAVE Projects New Cleanliness & Social Distancing Protocols Could Cost Hotel Industry $9 Billion Annually
hotelAVE | June 8, 2020
PROVIDENCE, R.I., June 8, 2020 - Hotel Asset Value Enhancement (hotelAVE), the premier hotel asset management company, today released its latest projections that offer significant insights to the anticipated costs that hotel owners and operators can expect to incur as they prepare to reopen. Post Script, hotelAVE's operational efficiency division, estimates that new cleaning protocols could potentially cost the hotel industry as much as $9 billion on an annual basis, based on factors such as the increased frequency of cleaning guest rooms and public spaces, new supply costs and reopening expenses. The projections were announced today by Mic...
