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What is Hybrid Hospitality
January 10, 2024  - By FHA-HoReCa

What is Hybrid Hospitality

In the ever-changing world of hospitality, a new trend is making waves – Hybrid Hospitality. This concept combines the best of both worlds, blending traditional warmth with modern efficiency. Imagine a place where the charm of the past meets the…

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What is a Food Ordering System?
January 10, 2024  - By FHA-HoReCa

What is a Food Ordering System?

Welcome to the modern dining landscape, where the concept of a food ordering system has become a game-changer. Technology has revolutionized how people order and experience food in this digital era. The emergence of food ordering systems has seamlessly integrated…

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What is Hotel Ancillary Revenue
January 2, 2024  - By FHA-HoReCa

What is Hotel Ancillary Revenue

Understanding hotel ancillary revenue is crucial for hoteliers and industry professionals in Singapore. Ancillary revenue is the income generated by selling extra products and services in addition to hotel room bookings. In today's competitive hospitality industry, maximizing ancillary revenue has…

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What is Look-to-Book Ratio
January 1, 2024  - By FHA-HoReCa

What is Look-to-Book Ratio

Dive into the Look-to-Book Ratio, a key metric that's the heartbeat of hospitality marketing. Let's keep things straightforward and explore why this ratio matters and how it gauges the journey from interest to actual bookings, influencing the overall effectiveness of…

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What is Dynamic Hotel Pricing
January 1, 2024  - By FHA-HoReCa

What is Dynamic Hotel Pricing

Step into the world of dynamic pricing, where adaptability takes center stage. Dynamic pricing is more than just a strategy; it's a responsive approach that holds significant importance in the ever-changing landscape of the hotel industry. This overview will explore…

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What is Hotel Automation
January 1, 2024  - By FHA-HoReCa

What is Hotel Automation

Step into the transformative world of hotel automation, where technology revolutionizes the hospitality landscape. This technological wave is not just about machines; it's about reshaping guest experiences, enhancing operational efficiency, and redefining the entire hospitality industry. Hotel automation is a…

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What is Market Penetration Index
December 29, 2023  - By FHA-HoReCa

What is Market Penetration Index

In the hospitality industry, where hotels strive for success, the Market Penetration Index (MPI) becomes a valuable metric akin to a performance scorecard. This index evaluates how well a hotel or hospitality service establishes itself within a specific market. Imagine…

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What is Hotel Benchmarking?
December 28, 2023  - By FHA-HoReCa

What is Hotel Benchmarking?

Step into hotel benchmarking, a strategic practice empowering hospitality establishments to gauge and compare their performance against industry standards. In this guide, we'll uncover the significance, methodologies, and advantages of hotel benchmarking in the dynamic hospitality sector landscape. Hotel benchmarking…

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What is RGI (Revenue Generating Index)
December 28, 2023  - By FHA-HoReCa

What is RGI (Revenue Generating Index)

Let's explore the dynamics of the hospitality industry and shed light on a crucial performance metric — the Revenue Generating Index (RGI). Like a compass guiding a traveler, RGI is a navigational tool for hotels, offering essential insights into their…

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