Reporting & Analytics

ntak hospitality data service restaurants

How NTAK Hospitality Data Service Apply to Restaurants

Reporting & Analytics /

The NTAK (National Tourism Data Service Center) Hospitality Data Service is a Hungarian initiative aimed at improving the tourism and hospitality sector by collecting, analyzing, and utilizing data. While the primary focus might be on accommodations and other tourism-related services, the principles and benefits can extend to restaurants as well. Here’s an in-depth look at […]

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hungary ntak hospitality data service

What is The Hungary NTAK Hospitality Data Service?

Reporting & Analytics /

The National Tourism & Hospitality Data Service (NTAK) is a digital platform in Hungary that collects and analyzes data from tourism and hospitality businesses, including restaurants. It aims to provide real-time insights into the performance of the tourism sector, enhance decision-making for stakeholders, and support the development of tourism strategies. Here is a detailed overview

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restaurant forecasting

Restaurant Forecasting: How To, Formulas

Reporting & Analytics /

Restaurant forecasting involves predicting future sales, expenses, and other key performance metrics to aid in effective decision-making and planning. While there are various approaches to forecasting, I’ll provide you with an overview of the common methods and formulas used in restaurant forecasting. a. Simple Average Method: Calculate the average sales for a specific period and

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