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Across industries, self-operated foodservice models are leading the way in innovation, flexibility, and sustainability. Colleges and universities, for example, have demonstrated the power of self-operation in advancing sustainability initiatives – implementing plant-based dining programs, reducing food waste, and prioritizing local sourcing. These institutions are proving that when operators have direct control over decision-making, they can quickly adapt to changing needs and drive impact
Restaurants are developing rapidly, managing technological innovations that increase customer experience, streamline operations, and improve efficiency. When we enter 2025, several key technological trends will form the future of US restaurants from the automation of the driven AI to advanced POS software , these innovations will revolutionize how restaurants work.
This article provides a regulatory perspective on some of the technical challenges that growing cannabis markets face, specifically focusing on product standardization, quality control testing, and consumer education and awareness amid a rapidly developing industry.
Heres a fantasy. What if data management was a towering giant with long, reaching arms wrapping around all of your data? What would be in the clutches of those big arms? In other words, what will data management include in the year 2025?
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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The overall hotel occupancy rate increased by 1.1% year-over-year in Q4 as demand growth of 2.1% outpaced supply growth of 1.0%. A 1.2% increase in average daily rate (ADR), coupled with the increase in occupancy, led to a 2.3% increase in revenue per available room (RevPAR). An uptick in hurricane-related demand led to gains in the lower price tiers, while a relatively short Thanksgiving-to-Christmas season, resulting in fewer group event days, led to stronger pricing power.
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