Periods of economics instability usually has strong chilling effect on the restaurant industry. When a restaurant steps into its downtime, with the cost increasing and guests reducing, the decisions it makes during this period become more crucial. The author took McCormick & Schmick's as an example, telling us three underlying rules of making decisions, especially under the financial pressure. First is to make the balance sheet your friend, which means we should understand that capital preservation is always the key of financial operation. Spend money that is not necessary during a downturned economy is the biggest mistakes as an operator. Restaurant should focus on maximizing every dollar that comes through the door by emphasizing brand fundamentals and encouraging mangers to focus first on easy productivity. Second, we should try to find out those superior ROI ( return of investment) generators among all the good ideas of how to run a restaurant. The key is to focus on low risk, high return revenue generating opportunities that also offer flexibility. Third, even during the hard time technologies become sort of a luxury, the leverage technologies that provide a real-time view of profits and the cash position are still necessary. For instance, Financial metrics are an extremely effective method for tracking sales, traffic, labor and more, which allow operators to measure the planned budget against actual sales and costs and can also include the ability to do real-time A/P, weekly A/P and forecasting. Technology can also help to track marketing campaigns, so as to decide where to locate marketing dollars. However this requires the operators' ability to deal with a very fast changing environment.
Sunday, December 7, 2008
Blog#6
Saturday, November 15, 2008
Blog #5
http://www.htmagazine.com/ME2/dirmod.asp?sid=&nm=&type=MultiPublishing&mod=PublishingTitles&mid=3E19674330734FF1BBDA3D67B50C82F1&tier=4&id=84FFF9B680574E1095BAFDEBAD9E9E11
Summary:
Self-service technology (Kiosks) is highly recommended to restaurant industry for many years, however, according to the 2008 Hospitality Technology Self Service Technology Study, it is slowly accepted and adopted by restaurants. The author points out that the reason why restaurants hesitantly catch on self-service technology is they don't believe that it would fit into their particular establishment or there is no guest demand. In fact, using self-service technology can bring lots of benefits to restaurants, especially for those fast casual locations. Nevertheless, there are still many problems that operators need to consider before they invest money to install new systems in their restaurants. After several years' experience of using kiosks, Hospitality Technology concludes six practices when considering and installing kiosks. First,make sure that the kiosk is integrated with entire POS system, because an integrated cross-platform system will save time and energy when trying to manage expenses and receipts or when it's time to call the help desk.Second, pay attention to the size of the kiosk. Third, be ready to deal with technology issues, which means that a restaurant has at least one employee can fix the problems when needed. Fourth, try to make the kiosk obvious to costomers so that they can learn the technology and start playing with it. Fifth, self-service is not necessarily fast service. It is not the point during service because with the self-service system customers are so busy working that they don't feel they are waiting for something. The last, even it is said that self-service technology has lots of advantages, in fact it still takes sometime make customers accept and get used to this system.
Reflection
Saturday, October 25, 2008
Blog#4
Thursday, October 9, 2008
Blog#3
Nowadays, guests now require not only Internet but high speed Internet when they stay in a hotel. If the speed of Internet is too slow, that would bring guests bad experience of the whole hotel. So how to make sure that we offer guests a high-quality Internet experience is one of the most important things among the hotel operation. The first of the concerns associated with hotel bandwidth is the ability to keep up with the growing bandwidth demands that will satisfy guests’ Internet experience. Besides operators should make sure that they have enough bandwidth to support new applications and services and have a solution which is easy to manage to find out who and what is using up the bandwidth in the hotel. It can be concluded to three words: reliability, knowledge, and management. The connection redundancy which will ensure guests always connect to Internet, the aggregation which can combine the bandwidth of the hotel’s multiple low cost Internet circuits to increase Internet speed, and AUP and landing page backup which ensures the hotel brand continues to be presented to the guest even when the HSIA gateway fails, are used to ensure reliability. Knowledge is also important to the Internet speed management. With knowledge operators can know who and what application is occupying the bandwidth so as to keep enough bandwidth. And the proactive monitoring and alerting can notify the operator automatically the problem of the devices in the guestroom before a guest notices that. With the p2p management operators are able to stop some applications or limit the amount of bandwidth they can use, and also shape an enough bandwidth for those critical administrative applications. Operators can also use VPN to make sure that the administrative applications and data are traversing safely.
Reflection:
The author has good opinion of managing Internet bandwidth in a hotel. I totally agree that the bad Internet experience would influence guests' hotel experience. With the development of in-building technology, the requirements of guests becomes more and more, especially for those are already well achieved in hotels like minibars, heat, internet and so on. The author advices many good methods to manage the bandwidth so that hotel or restaurant operators are able to provide enough high speed Internet to guests. In my opinion, all of the solutions are great. What impresses me most is aggregation. It is so creative to combine many existing low speed internet to make a related high speed internet, which could save lots of money. This reminds me that day when we visited UD IT center, the man there told us they use different connector to achieve the speed of one Gbps with Cat 5, which also saves a lot of money for the university. Also the bandwidth management is very interesting. Although it sounds good to know the occupancy of the bandwidth of every application and be alerted of the problems of the devices in guest rooms in advance, the author does not tell us what exactly the software or application is used to do the management, either for the traffic shaping.
Thursday, September 25, 2008
blog#2
Saturday, September 13, 2008
blog#1
URL: http://www.htmagazine.com/ME2/dirmod.asp?sid=&nm=&type=MultiPublishing&mod=PublishingTitles&mid=3E19674330734FF1BBDA3D67B50C82F1&tier=4&id=57E685C6923646828D0A367993A3EA2F
Summary:
This article describes a creative restaurant system which combines eating, drinking and playing games together. It was started by a restaurant entrepreneur Nolan Bushnell, who introduced games into restaurants, by which he pushed his entertainment companies to a new high level. It seemed to be a venture at first, and then was proved to be a big success. At first they mounted touch screen terminals at each table for the purpose of operation of games. The game system is built with a Web 2.0 approach and employing XML to move data around, which makes users feel like using the internet, although it is a closed network. Right after the touch screen terminals were on the tables, they became the foundation of the restaurant automation. The touch screen terminals are loaded with digital restaurant menus and a breadth of games that facilitate interaction among guests. With this system, customers can order food and drink by themselves from the terminals, play games while waiting food, and pay bills. Customers get one hour free games when eat in the restaurant. If they intend to play more, it charges. In the future not far from now, users will be able to use their cell phone as an operator to play games. In addition, thanks to this system, a restaurant is able to manager more tables with less waiters or waitresses and provide higher service quality. The Bushnells is working on introducing other restaurant brands to use this platform.
Reflection:
When I read the title of this article, I felt a little confused: what is the link between “eat, drink” and “play games”? And then I went through the article. I am so impressed by the creative idea of introducing game platform into a restaurant. I was always thinking about the waiting line problem of a restaurant in the rush hour when I was in China. It is a serious problem because the large population in China. We use waiting numbers, we try to put a TV or Video at restaurants, but it seems not satisfy the customer very well. Firstly, when customers get their waiting numbers, some of them stay in the waiting area, which makes no big difference from waiting in a line, except that they can sit down in stead of standing. Secondly, some of the customers might walk round after getting their waiting numbers. They meet problems as well. Not every of them are so lucky that they are back at the perfect time, they would have to wait for some while or they have to take the waiting numbers and wait once more because they missed the call. We never think about providing games for the waiting customers. So that is great! I don’t worry about the technology platform of this idea. The only point I concern by now is the time of table occupation. Since customers have so much fun sitting at the table no mater with food, drink or not, it may make them occupy the table for longer time than that they spend in a regular restaurant. Although the author presents a countermeasure to this problem—free game for an hour and then charged, unless the charge of the game, whether by time or by game, is higher than the amount the restaurant would receive from food or drink service at the same period of time, the income would not be able to cover the opportunity cost.
