Modern Restaurant Management
NOVEMBER 24, 2021
Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. To help operators move forward, let’s take a look at some of the challenges the industry has experienced in 2021 and how they can come out on top in 2022 and beyond.
Hospitality Net
MAY 1, 2023
However, the Russian invasion of Ukraine in February 2022, which fueled huge increases in energy and food prices, overall inflation and therefore interest rates, resulted in a mixed picture for hotel transactions for the year. billion, total volume in 2022 fell short of 2021 by 18%, with 37 fewer transactions.
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Modern Restaurant Management
AUGUST 31, 2021
The report illustrates the continued impact of the COVID-19 pandemic on the restaurant industry and provides an updated look at key indicators and trends influencing the industry's recovery as of June/July 2021, including the current state of the economy, workforce, and food and beverage sales. The Threat of Delta.
Modern Restaurant Management
JANUARY 13, 2023
Since the pandemic, restaurants have endured a plethora of issues ranging from fluctuating dining restrictions to supply chain issues to rising food prices. But arguably no issue has proven to be as constant and bedeviling as the labor shortage.
Culinary Services Group
SEPTEMBER 25, 2024
In 2021, we wrote a blog about increasing food costs as the world was still grappling with the aftereffects of COVID-19. As the prices kept rising, businesses struggled to replace the profit losses and staff shortages that haunted them through the pandemic. All in all, the U.S.
Modern Restaurant Management
JULY 6, 2022
While 2021 was the year of the comeback for restaurants, 2022 is proving to be a very different story. Restaurant traffic, while recovering and up nine percent in 2021 compared to 2020, is still 4 percent below pre-pandemic levels, with smaller chains and independent restaurants down by nine percent, according to a study by The NPD Group.
Modern Restaurant Management
OCTOBER 20, 2023
2023 brought new challenges to the table for the restaurant industry, from rising food prices due to inflation to continued disruptions in the supply chain. In addition to the abovementioned sources of data, an increase in reservation and food delivery app use has led to a surplus of diner data.
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