Tue.Apr 09, 2024

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Moves Modern Restaurants Are Making in 2024

Modern Restaurant Management

According to the National Restaurant Association, competition in the restaurant sector is strong. In fact, 45 percent of restaurant operators expect competition to be more intense than last year. Why? A chief reason is due to caution or uncertainty exhibited by conscious consumers, with 48 percent saying they are taking the ‘wait and see’ approach and holding back on spending in 2024.

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Choosing the Best Restaurant Inventory Software: What to Look For

Sculpture Hospitality

The restaurant hustle never sleeps, and neither do the challenges that come with it. As a restaurant manager, you’ve likely experienced your fair share of inaccurate inventory , inefficient processes, product waste, and potentially even lower-than-expected profit margins.

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Restaurant Execs Optimistic About AI Impact

Modern Restaurant Management

More than half of respondents (54 percent) expressed optimism about the positive impact of AI in the restaurant industry, according to a survey from Slang.ai. Despite this optimism, less than one-third of operators currently utilize AI indicating untapped potential for technological integration within the industry. A promising 71.6 percent of restaurant operators plan to adopt AI soon, with nearly 94 percent acknowledging its necessity to remain competitive.

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The Evolving Landscape of Food Additives Regulation in the U.S., from the States to FDA

Food Safety Magazine

This article discusses the recent wave of state bills on food additives that have emerged following the California Food Safety Act , FDA’s activities in an effort to get ahead of an inconsistent patchwork of legislation, and criticisms about these bills voiced by legislators, regulators, and industry stakeholders.

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Food & Beverage Industry Report 2024

Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.

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Franchisee To Open 50 Papa Johns Stores by 2028

Foodservice Equipment Reports

Papa John’s Int’l. today announced plans to open 50 new restaurants by 2028 in partnership with franchisee Nadeem Bajwa and his company, The Bajco Group. The agreement will expand the Papa Johns footprint in The Bajco Group’s existing markets across the Midwest and in Arizona, Pennsylvania and Florida. The franchisee currently operates more than 200 restaurants and has a goal of owning 500.

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Hoshizaki America Names VPs of Marketing, Finance

Foodservice Equipment Reports

Hoshizaki America has a twofold personnel update, with a promotion and a new hire changing its makeup. Being promoted is Sally Ray, who has held marketing roles of increasing responsibility over the past eight years. Ray will now step into a new role as the VP of marketing.

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FDA Data Finds 3% of Imported Honey Adulterated

Food Safety Tech

Recently published data from an FDA sampling assignment carried out in 2022 and 2023 to test imported honey for economically motivated adulteration (EMA) found that 3% of samples were adulterated. The sampling was designed to identify products that contained undeclared sweeteners that are less expensive than honey, such as syrups from cane and corn.

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Salad Chain Makes Growth-Geared Hire

Foodservice Equipment Reports

Andrew Marsallo, formerly of Shake Shack and Pret A Manger, is getting a fresh start as Just Salad’s new director of real estate. Marsallo will be responsible for managing the brand’s growing real estate pipeline, focusing on both new and existing markets. Currently, Just Salad has over 80 locations across New York, New Jersey, Connecticut, Florida, Illinois, Pennsylvania and Massachusetts.

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House Oversight Committee to Hold Hearing with FDA Commissioner

Food Safety Tech

The U.S. House Committee on Oversight and Accountability will hold a hearing on April 11, 2024, tiled “ Oversight of the Food and Drug Administration.” The hearing will examine the Oversight Committee’s ongoing investigations into the FDA response to several issues, including the infant formula crisis and food safety, drug shortages, facility inspections, hemp regulation, regulation of tobacco and nicotine products, and over-the-counter decongestants.

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Craveworthy Brands Takes Steps Toward Energy Savings

Foodservice Equipment Reports

Craveworthy Brands, which oversees a number of legacy and emerging restaurant brands, has partnered with an Energy as a Service company to drive down energy consumption.

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Rolf Arndt Named Managing Director of Fairmas Services GmbH

Hospitality Net

Fairmas proudly announces the appointment of Rolf Arndt as the Managing Director of its subsidiary, Fairmas Services GmbH, the Fairmas branch specialised in providing additional services for hotel owners & investors. Notably, Fairmas remains under the leadership of Niels Schroeder, while Rolf Arndt will lead the Fairmas Services GmbH. With over 30 years of invaluable experience in the hospitality industry, particularly in Finance, Rolf brings a wealth of knowledge and expertise to his new role.

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FDA Finds Food Fraud Affected Three Percent of Imported Honey Samples in 2022–2023

Food Safety Magazine

Results of sampling and testing of imported honey for signs of economically motivated adulteration conducted by the U.S. Food and Drug Administration (FDA) in 2022–2023 has revealed only 3 percent of samples to be violative.

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Accor One Living, One Year Later: a Turnkey Solution for Accor’s Mixed-Use and Branded Residences Expertise

Hospitality Net

Branded residences are one of the fastest growing categories in the hospitality industry. At the start of 2023, Accor, a leading global player in the branded residences category, launched Accor One Living, an industry-first 360° platform for mixed-use projects and branded homeowner communities.

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How Executive Chef Trina Nelson is bringing culinary excellence to Dallas ISD

FoodService Director

Nelson is responsible for leading the district’s first ever Chef Team, which aims to develop recipes that will get students excited about school meals.

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UN Tourism Launches Tourism Investment Guidelines for Albania

Hospitality Net

The “Tourism Investments and Economic Development in Europe” conference, jointly organized with Ministry of Tourism and Environment of Albania, was held within the framework of the UN Tourism Regional Commission for Europe. High-level delegates included investors from the hospitality, aviation and real estate industries, alongside private sector stakeholders and various heads of various international organizations.

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Best Practices When Seeking New Restaurant Locations

Fast Casual

Although there are no guarantees that a new location will be a success, choosing the right location can increase the chances dramatically. Download this white paper for some best practices when it comes to seeking a new location for your new restaurant.

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May 2024 Opening For Florida’s Newest Premier Gulf Coast Resort

Hospitality Net

Marriott Hotels, the signature flag of Marriott Bonvoy’s portfolio of over 30 extraordinary hotel brands, is proud to announce the opening of Palmetto Marriott Resort & Spa slated for May 2024. Situated on Florida’s picturesque west coast, the eight-story property will serve as an oasis for business and leisure guests, offering a tapestry of immersive coastal experiences and unparalleled amenities.

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Virginia farm-to-school task force bill signed into law

FoodService Director

Also in this week’s K-12 legislative update: Maryland lawmakers pass bill that would analyze the cost of setting up a universal free school meals program and Minnesota Governor Tim Walz says yes to extra funding to continue universal free school meals.

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A New Approach to Estimate the Return on the Equity in the Mortgage-Equity Valuation Technique

Hospitality Net

In my previous newsletters, I describe the virtues of utilizing the mortgage-equity technique when valuing hotels and other types of income properties. This newsletter will explain how to determine the return on the equity component which is based more on the transaction market rather than the financial market. My approach will probably surprise you.

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Controlled Environment Agriculture: A Systematic Review

Food Safety Magazine

Controlled environment agriculture can help meet food requirements of the future, but this objective must be achieved by specific processes that minimize negative impacts on the environment and place food safety front and center.

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The Pavilions Rome, The First Arte reopens following refurbishment

Hospitality Net

The Eternal City’s revitalised gallery-hotel showcases enhanced creative flow and 200 new contemporary artworks following three-month rejuvenation by Studio Marincola.

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Customers still confusing 'dynamic pricing' with 'surge pricing'

Fast Casual

About 64% of diners said they had a negative reaction to restaurants using surge and/or dynamic pricing. Additionally, 81% of diners said they would either stop going to a restaurant or alter their dining hours to avoid increased pricing during peak hours.

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Marriott Opens Its First All-Inclusive Resort in Cancun, Mexico

Hospitality Net

Marriott International opened the doors of its first all-inclusive resort, the Marriott Cancun, An All-Inclusive Resort, in the Quintana Roo region of Mexico. Nestled along the turquoise waters of the Gulf of Mexico in the heart of Cancun’s Hotel Zone, the opening of Marriott Cancun, An All-Inclusive Resort marks the first-ever all-inclusive resort fully conceptualized by the Marriott brand.

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Development and Application of AI for Food Processing and Safety Regulations

Food Safety Magazine

This article explores the transformative strategies, methods, and approaches of AI technologies in the realm of USDA-FSIS operations, with an introduction of ten major AI systems for different applications and purposes.

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The future of luxury experiences: Where luxury meets hospitality

Hospitality Net

The luxury industry is undergoing a change. As a result, its products are reaching more and more people. In order to avoid losing exclusivity and uniqueness, many brands are now relying on ‘experiences’. These are enabling them to strengthen their relationships with their customers, offering them a unique experience without sacrificing status or reputation.

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Givaudan, The global leader in Taste & Wellbeing, Mista, the world’s Leading food Innovation Platform, and Bühler celebrate opening of New Extrusion Hub

FMT Magazine

Givaudan, the global leader in Taste & Wellbeing, Mista, the world’s leading food innovation platform, and Bühler, a global technology partner for the food, feed, and mobility industries, announce the opening of a state-of-the-art extrusion hub at the Mista Innovation Center in San Francisco. The opening of this new facility advances its capabilities in driving food innovation and highlights Givaudan’s and Bühler’s commitment to supporting the transformation of the food system.

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Streamlining Success: The Crucial Role of Hotel Finance System Integration in 2024

Hospitality Net

As the travel market continues to evolve, with occupancy levels exhibiting extraordinary growth in most major markets around the world, today’s hoteliers are facing an array of challenges in managing their operations efficiently. From guest experience enhancement to the digitization of financial and operational management, ensuring the seamless integration of disparate property systems has become paramount for success.

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Cargill Reports Increasing its Contracted Renewable Energy Capacity by 42%

FMT Magazine

Cargill reports increasing its contracted renewable energy capacity by 42% after signing five new deals to bring online an additional 300 megawatts of wind and solar capacity, expanding its total offsite renewable energy portfolio to 716 megawatts. These contracts play a meaningful role in helping it achieve its goal to reduce absolute operational greenhouse gas emissions by 10% by 2025, against a 2017, baseline, with the company already achieving an emissions reduction of 10.97% as of calendar

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IHG Launches a New Travel Planning Tool Utilizing Google Cloud’s AI Technology

Hospitality Net

IHG Hotels & Resorts, one of the world’s leading hotel companies, and Google Cloud, today announced an expanded partnership that will fuel new customer experiences within the IHG One Rewards mobile app. With Google Cloud’s technologies, IHG will launch a generative AI-powered travel planning capability that can help guests easily plan their next vacation directly in the IHG One Rewards mobile app in a suite of new features that will launch in the second half of 2024, creating a more dynamic digi

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Baskin Robbins is introducing two new product formats

FMT Magazine

Baskin Robbins, India’s largest ice-cream brand, has announced the launch of its latest product range for the summer season, which also taps into the growing trend of snacking. The brand aims to expand the focus from ice creams as merely dessert options to now include all day snacking as well. With a delightful array of innovative product categories and irresistible new flavours, it is poised to elevate the essence of summer.

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