Hospitality Leadership Through Learning

Tips Predict Restaurant Sales


Vol 13 No 8
By: Michael Lynn Ph.D. and Andrey Ukhov

author-image author-image

Executive Summary:

An analysis of seven years of monthly charge-card sales and tip data from a multi-regional restaurant chain in the United States found that tip percentages predicted food sales in the following month. Thus, restaurant executives, managers, and owners are encouraged to add tip percentages to their sales forecasting models.

Download The Supporting Documents
To view the documents, please click on the link below

If you have trouble downloading a pdf, and are able to install software on your computer, try upgrading to the latest version of Adobe Acrobat Reader to see if that allows you to read it.

Other Reports or Articles You May Find of Interest

Your Comments Please

If this CHR Report made a positive impact on your management approach or business operations, we welcome your commentary.

blog comments powered by Disqus