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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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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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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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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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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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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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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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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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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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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NSF Now Offering CA Prop 12 Certification

Food Safety Tech

Global public health and safety organization NSF is now offering California Proposition 12 (Prop 12) certification for American meat and egg distributors that are distributing products in the state of California. Prop 12 is an animal welfare law enacted by the state of California on January 1, 2024, that sets higher standards for confining certain farm animals.

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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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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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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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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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Twenty Four Seven Hotels Partners with Shiny to Provide Digital Tipping For Associates

Hospitality Net

Officials of Twenty Four Seven Hotels, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., today announced that it has partnered with Shiny, a leading digital tipping platform, to provide services for more than 450 associates across its 30 hotel portfolio. The service is available across multiple hotel departments, including housekeeping and more.

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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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Pro-invest Group Standardizes its Hotels on Oracle Cloud

Hospitality Net

Pro-invest Group, a leading private equity real estate asset manager and investment firm has selected Oracle OPERA Cloud Property Management System (PMS) to standardize operations across its properties. Pro-invest needed to consolidate multiple PMS systems to centralize its data and operations on a system that could handle a wide range of hotels, from smaller independent properties to larger global brands.

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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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Amara Hotels & Resorts Unveils Progressive Redesign of Its Iconic Singapore Property

Hospitality Net

For 38 years, Amara Singapore has stood as a heritage landmark in the heart of Tanjong Pagar. Commencing its phased renovation in October 2023, the property is set to unveil its final transformation by September 2024. In collaboration with renowned hospitality design firm Studio HBA, a division of Hirsch Bedner Associates, Amara Singapore has been re-envisioned as the vibrant social epicentre of the neighbourhood, resonating with the city’s dynamic energy.

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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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Analysis: Hotels projected to pay record taxes and wages in 2024

Hospitality Net

America’s hotels are projected to generate record levels of federal, state, and local tax revenue this year while paying employees historic totals of wages, salaries, and other compensation, according to state-by-state projections released today by the American Hotel & Lodging Association.

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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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Are You a Question Mark or a Period?

Hospitality Net

Like many of you, I have several meaningful quotes framed and either hanging on a wall or standing upright on a shelf in my office.

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Malevolent AI: Navigating the Shadows of Technology Advancement in the Food Industry

Food Safety Magazine

Artificial Intelligence (AI), while offering remarkable advancements in various fields, also presents a paradoxical threat, especially when misused.

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