Is Your Restaurant Meeting its Potential

A Guide to Owning and Operating a Hospitality Property Successfully Series #4 - How Do Customers See Your Hospitality Property?
4 minutes
Share the link to this page
Copied
  Completed
You need to have access to the item to view this lesson.
One-time Fee
$69.99
List Price:  $99.99
You save:  $30
€64.09
List Price:  €91.56
You save:  €27.47
£54.07
List Price:  £77.26
You save:  £23.18
CA$100.68
List Price:  CA$143.84
You save:  CA$43.15
A$110.60
List Price:  A$158.01
You save:  A$47.40
S$93.61
List Price:  S$133.73
You save:  S$40.12
HK$544.17
List Price:  HK$777.42
You save:  HK$233.25
CHF 61.93
List Price:  CHF 88.48
You save:  CHF 26.54
NOK kr752.78
List Price:  NOK kr1,075.44
You save:  NOK kr322.66
DKK kr480.01
List Price:  DKK kr685.77
You save:  DKK kr205.75
NZ$121.90
List Price:  NZ$174.16
You save:  NZ$52.25
د.إ257.04
List Price:  د.إ367.22
You save:  د.إ110.17
৳8,497.67
List Price:  ৳12,140.06
You save:  ৳3,642.38
₹6,085.38
List Price:  ₹8,693.78
You save:  ₹2,608.39
RM311.21
List Price:  RM444.60
You save:  RM133.39
₦107,184.31
List Price:  ₦153,127.01
You save:  ₦45,942.69
₨19,559.72
List Price:  ₨27,943.66
You save:  ₨8,383.93
฿2,345.34
List Price:  ฿3,350.63
You save:  ฿1,005.29
₺2,563.82
List Price:  ₺3,662.76
You save:  ₺1,098.93
B$402.13
List Price:  B$574.50
You save:  B$172.36
R1,273.79
List Price:  R1,819.78
You save:  R545.98
Лв125.79
List Price:  Лв179.70
You save:  Лв53.91
₩101,558.73
List Price:  ₩145,090.12
You save:  ₩43,531.39
₪255.23
List Price:  ₪364.63
You save:  ₪109.40
₱4,011.96
List Price:  ₱5,731.62
You save:  ₱1,719.66
¥10,403.66
List Price:  ¥14,863.01
You save:  ¥4,459.35
MX$1,394.79
List Price:  MX$1,992.65
You save:  MX$597.85
QR254.49
List Price:  QR363.58
You save:  QR109.08
P951.31
List Price:  P1,359.07
You save:  P407.76
KSh9,060.20
List Price:  KSh12,943.70
You save:  KSh3,883.50
E£3,539.10
List Price:  E£5,056.08
You save:  E£1,516.97
ብር9,171.30
List Price:  ብር13,102.43
You save:  ብር3,931.12
Kz63,830.88
List Price:  Kz91,190.88
You save:  Kz27,360
CLP$65,108.38
List Price:  CLP$93,015.96
You save:  CLP$27,907.58
CN¥506.63
List Price:  CN¥723.79
You save:  CN¥217.16
RD$4,390.67
List Price:  RD$6,272.66
You save:  RD$1,881.98
DA9,350.31
List Price:  DA13,358.16
You save:  DA4,007.85
FJ$160.42
List Price:  FJ$229.18
You save:  FJ$68.76
Q539.19
List Price:  Q770.31
You save:  Q231.11
GY$14,633.38
List Price:  GY$20,905.73
You save:  GY$6,272.34
ISK kr9,410.85
List Price:  ISK kr13,444.65
You save:  ISK kr4,033.80
DH675.78
List Price:  DH965.44
You save:  DH289.66
L1,242.55
List Price:  L1,775.14
You save:  L532.59
ден3,942.44
List Price:  ден5,632.30
You save:  ден1,689.86
MOP$559.92
List Price:  MOP$799.92
You save:  MOP$240
N$1,270.43
List Price:  N$1,814.98
You save:  N$544.55
C$2,569.55
List Price:  C$3,670.95
You save:  C$1,101.39
रु9,727.19
List Price:  रु13,896.58
You save:  रु4,169.39
S/256.14
List Price:  S/365.93
You save:  S/109.79
K287
List Price:  K410.02
You save:  K123.02
SAR262.53
List Price:  SAR375.05
You save:  SAR112.52
ZK1,998.74
List Price:  ZK2,855.47
You save:  ZK856.72
L320.15
List Price:  L457.38
You save:  L137.22
Kč1,609.66
List Price:  Kč2,299.62
You save:  Kč689.95
Ft25,688.42
List Price:  Ft36,699.32
You save:  Ft11,010.90
SEK kr708.95
List Price:  SEK kr1,012.84
You save:  SEK kr303.88
ARS$74,459.42
List Price:  ARS$106,375.17
You save:  ARS$31,915.74
Bs483.32
List Price:  Bs690.50
You save:  Bs207.17
COP$288,040.32
List Price:  COP$411,503.82
You save:  COP$123,463.49
₡34,884.46
List Price:  ₡49,837.08
You save:  ₡14,952.61
L1,788.78
List Price:  L2,555.51
You save:  L766.73
₲554,411.59
List Price:  ₲792,050.51
You save:  ₲237,638.91
$U2,975.81
List Price:  $U4,251.34
You save:  $U1,275.53
zł268.92
List Price:  zł384.19
You save:  zł115.27
Already have an account? Log In

Transcript

Chapter 44 is your restaurant meeting its potential. If you have a restaurant and are only catering to your property guests, then you're leaving money on the table. You might believe you have a very good restaurant. In fact, you might believe you have a great restaurant, but without good local patronage. How would you know for sure, hospitality property restaurants normally are not on the radar of potential customers when they are looking for a place to eat? Traditionally, hospitality property restaurants have a difficult time attracting locals.

What can you do to improve your chances? I'm going to share some ideas that have worked with many hospitality property restaurants. Consider trying a new name, identity and theme for your restaurant and promote it to the local markets separately from your property. Use social media and the local press to market your restaurant. You can contact journalists from local publications and invite them for a meal on the house in return for review. You set up a competition with the local press and online with the prize of a meal for for was won.

The contest will cost very little and if done right can be very effective. Offer a choice of menus for families and vegetarian options. highlight what makes you stand apart from your competitors. Other restaurants is a better service, bar and lounge areas to relax before and after a meal. space for kids to run around. Easy parking a rule getaway.

Create a separate website for your restaurant. Be sure your restaurant is listed in the local tourist and travel guides. A great way to keep both your staff and customers excited is to offer menus that are seasonal and that are changed regularly. Use local suppliers and declare this in detail on your menu on your website and any marketing you do. local suppliers will support you by advertising your property verbally. Make sure You're all local hotels have your menus and it would also be very useful to invite the head concierge or front desk receptionist for a free meal.

We talked about cross promoting earlier, and know they'll be more likely to recommend your restaurant to their hospitality property guests because they can talk from firsthand experience. Get your local businesses involved, contact and invite the local business association for a familiarization dinner, offer a time limit discount to two or three of the largest nearby employers. This could be a 20% discount to their employees, which they could promote in house. By putting a time limit on the discount. you encourage people to use it sooner rather than later. You can offer theme nights, music events, wine weekends, and private special events.

Make sure each guest receives a warm welcome and that you and your employees go the extra mile to make it a great experience. Ask for your customers opinions, talk with them and make feedback cards have a Make sure to incorporate a massive together on your customer data information such as email addresses, and add them to your newsletter list. newsletters could be monthly news recipes and events letter. Market your restaurant as a destination and attract foodies who are looking for a weekend getaway and offer reduced room rates for diners who stay over. Offer gift certificates to local charities, school and social events. They can work well for your branding.

Make your restaurant easy to find. Good, well illuminated signage and easy to find parking is important if you don't want your potential guests get lost or frustrated and find one of your competitors. instead. Make sure you have an organizational strategy in place and that everyone knows exactly what their duties are. You have to live up to your promise. There is no sense in trying any of these strategies that I've mentioned.

If the quality or the service is going to be subpar. I've mentioned before that a restaurant inspector I know told me that the first two things he looks for is wasn't the toilet is clean and the lettuce is fresh. Last word of advice. Don't try to be everything to everyone. Find out what you're great at, and do it to the best of your ability. Whether I see a hospitality restaurant or a dining area, and here it is empty most of the day, I see revenue floating out the window.

Sign Up

Share

Share with friends, get 20% off
Invite your friends to LearnDesk learning marketplace. For each purchase they make, you get 20% off (upto $10) on your next purchase.