an empty private dining room is full of potential

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An Empty Private Dining Room Is Full Of Potential. When the economy takes a turn for the worse, the restaurant industry is one of the most affected. The restaurant performance index has dropped significantly over the past four years. Declining Restaurant Performance Index. 104. 103. 102. - PowerPoint PPT Presentation

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Page 1: An Empty Private Dining Room Is  Full Of Potential
Page 2: An Empty Private Dining Room Is  Full Of Potential

An Empty Private Dining Room Is Full Of Potential

Page 3: An Empty Private Dining Room Is  Full Of Potential

When the economy takes a turn for the worse, the restaurant industry is one of the most affected.

Page 4: An Empty Private Dining Room Is  Full Of Potential

97

98

99

100

101

102

103

104

National Restaurant Association, 2008 Mid-Year Review

The restaurant performance index has dropped significantly over the past four years.

Declining Restaurant Performance Index

Jan 2006 Jan 2007 Jan 2008Jan 2004 Jan 2005

Page 5: An Empty Private Dining Room Is  Full Of Potential

Yet, even in the trying economy, private dining business is growing faster than ever.

3.6 Billion

27 Billion

National Restaurant Association, 2007 Restaurant Forecast

2000 2007

Private Dining and Catering Business Revenues

10

20

30

40

Page 6: An Empty Private Dining Room Is  Full Of Potential

More and more restaurants across the nation continue to add private dining rooms.

Private dining spaces are in higher demand than ever.

Forbes, January 2007

Page 7: An Empty Private Dining Room Is  Full Of Potential

Expect private dining events to represent a larger share of total future business.

American Restaurant Association, Annual Forecast 2007

60%fine-dining operators

50%casual-dining operators

40%family-dining operators

Page 8: An Empty Private Dining Room Is  Full Of Potential

Despite the increased demand, the industry has yet to reach its full potential.

Most private dining spaces are sitting empty over half of the time.

Page 9: An Empty Private Dining Room Is  Full Of Potential

In order to maintain a strong private-dining business, regardless of the economic climate, private events need to be profitable for the operator and economical for the client.

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The tendency is to view private dining as an extension of the main dining room. It’s important to regard private dining as a separate business,one that will expand your customer base and increase your revenues.

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How does your restaurant currently manage its private dining business?

Page 12: An Empty Private Dining Room Is  Full Of Potential

If you're like

most, you probably use a

paper notebook.

While this system works, it

has many well-known

problems.

Page 13: An Empty Private Dining Room Is  Full Of Potential

It’s very time consuming.Organizing and managing a paper system wastes valuable time

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It’s disorganized.Event details get misplaced. Customer Service suffers. If you have multiple restaurants, cross selling is impossible and leads are lost.

It’s very time consuming.Organizing and managing a paper system wastes valuable time.

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It loses money.Marketing to existing customers is difficult and countless opportunities to book repeat business is lost.

It’s disorganized.Event details get misplaced. Customer Service suffers. If you have multiple restaurants, cross selling is impossible and leads are lost.

It’s very time consuming.Organizing and managing a paper system wastes valuable time.

Page 16: An Empty Private Dining Room Is  Full Of Potential

To survive in this economy, restaurateurs will need to adapt. Paper systems are on the way out.

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Look at it this way…

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Restaurants are where hotels were 15 years ago, when all banquets were booked and planned with paper systems.

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Today, more than 80% of hotels use an automated system for all of their banquet and catering events.

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Unfortunately, most of the technology solutions available to restaurants are elaborate, expensive, and difficult to use.

You're in the restaurant business, not the technology business.

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You deserve a solution that is tailored for your specific needs — a solution that seamlessly fits into your current way of working.

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Tripleseat provides the only web-based customer relationship and event planning software designed specifically for the restaurant private dining business.

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• No installations (web based)

• Innovative user interface

• Easily scalable

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• Saves you time

• Increases revenues

• Strengthens customer retention

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Tripleseat is so much easier and more user friendly than any other catering booking programs we have attempted to use.

I am an anti-computer person and I find it very easy to use. It is also a big time saver when booking and planning an event. We love it! ”

“Maria CzechutCatering Sales ManagerUpstream Brewing Company

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Tripleseat answers our practical needs, and it allows us the intuitive system for little cost.

It is web based which is huge — 5 or 6 different people are utilizing it in different locations. We can instantly tap into Tripleseat from wherever we are. It’s intuitive and exactly the right fit.

“”

Sean DutsonGeneral Manager606 Congress RestaurantRenaissance Hotel Boston

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Feature Highlights

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Customer Relationship ManagerMaintain a comprehensive accounts and contacts database including booking history, telephone conversations, and correspondence. Prospect for future business and build on existing relationships

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Event SchedulerA graphic calendar of all of your restaurants events, displayed in a month-at-a-glance or week-at-a-glance format. Book new events directly from the calendar

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No-Hassle BookingsCreate new bookings instantly and manage all existing bookings quickly and easily

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Banquet Event OrderPlan every detail of all your events with the Banquet Event Order. With the BEO nothing will be left to chance.

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Follow up remindersEnsure thorough event management and proactive customer service with automated daily "to-do" lists and follow-up reminders

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Visit www.Tripleseat.com to learn more.