F&B REVENUE
Trends
enjoyment and experience
Novo2, WineStone
fine dining, fast fine, fine casual
technical revolution
Inclusive breakfast
buffet service
pricing
high margin
calculating revenue
planning and measuring the consumption
Room service
Room & Lounge service
Breakfast, food, drinks
Luxury hotels
Special price
Organisation
Pricing methods
1.)Industrial
production costs+profit
2.)Service
marketing aspects (demand and supply)
3.)Commercial
cost of sales+margin
in case of drinks:
commercial
food:
industrial
cost of sales:
net purchasing price of drinks, net purchasing price of ingredients
margin:
covering the (rest of the) service
mark-up %
shows the ratio of food cost and margin
F&B revenue sources
breakfast
A'La carte food and bev.
half board, full board
room&lounge service, in-room
banquette and events
minibar, maxibar
Minibar
What to sell?
Checking of consumption
Charging guest accounts
Inventory
Refilling
High prices and margin
Cooperation with frontoffice
Banquet and events
Conferences, meetings, weddings, party
High expectations