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YEA: Restaurants Showing Resiliency with New Openings

Modern Restaurant Management

New restaurant and food businesses are opening at pre-pandemic levels, with the number of new openings increasingly more in line with 2018 and 2019 volumes, according to third quarter data for the Yelp Economic Average (YEA) report. There were only 100 fewer new restaurant openings in September of this year, compared to September 2019.

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Measuring KPIs for Food Safety Success in Holiday Menu Items, Off-Premise Catering, LTOs, and Beyond

Modern Restaurant Management

The holiday season offers opportunities for catering orders, off-site catering, in-store limited-time offers of holiday favorites, and all of the increased revenue that comes with them. It's the most wonderful time of the year…and for many restaurant operators, one of the busiest.

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MRM Research Roundup: Year-End 2020 Edition

Modern Restaurant Management

The most popular day of the week for online ordering is Friday, with Mother’s Day 2020 coming out on top as the most popular holiday for online catering orders. In addition to restaurants increasingly adopting technology, the popularity of ghost kitchens skyrocketed, increasing 60x in 2020 from 2019. percent and 17.9

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MRM EXCLUSIVE: Consumer Data Analytics Reveal Dining Patterns to Attract Customers 

Modern Restaurant Management

restaurants today than in 2019 and it is not clear when —if ever — they’re coming back. That’s roughly 72,000 fewer than in 2019. Restaurants need to know their audience to ensure they’re catering to the people who are most likely to visit, while minimizing wasted advertising dollars.

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Is Contactless Forever?

Modern Restaurant Management

There are also some concerns around the information QR codes collect, and while that can be a great sales insight for restaurants to help them analyse customer needs and habits and cater more to their requests, some diners are hesitant of the technology. OpenTable reported a 44 percent growth rate from 2019 to 2021 in the U.S.

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MRM Research Roundup: 2022 Restaurant Trends

Modern Restaurant Management

Along with furthering their technological investments, operators are also altering their physical restaurant locations to cater to delivery. 45 percent want to be prompted with personalized order suggestions based on their purchase history. ." Restaurant real estate changes to align with consumer preference. Paytronix Systems, Inc.,

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MRM Research Roundup: Mid-November 2020 Edition

Modern Restaurant Management

The survey insights show how the hospitality and event industry can pivot their offerings to cater to consumer preferences. A little under half of the respondents said yes, and of those 30 percent of them used catering for these events. More than half of respondents are purchasing gift cards to restaurants this holiday season.