Modern Restaurant Management
MAY 30, 2023
In February 2023, our Revenue Management Solutions (RMS) data analytics team advised on the benefits of attracting and keeping frequent diners. According to our Q1 2023 survey , frequent users were not just visiting QSRs; they planned to keep visiting. These raring-to-dine customers were twice as likely as other respondents to increase their future visits.
Sculpture Hospitality
MAY 30, 2023
The restaurant industry is one of the largest and most dynamic industries in the world, with an estimated value of over $1.5 trillion in 2022. In recent years, the industry has been undergoing a significant transformation thanks to the rise of artificial intelligence (AI) and related technologies.
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Fast Casual
JUNE 1, 2023
Coffee consumption will continue to improve for the second straight year following the pandemic. Production was hampered in 2021/2022 by meteorological conditions, but is expected to recover in 2022/2023.
Hospitality Net
MAY 31, 2023
Hyatt Hotels Corporation (NYSE:H) today announced plans for the 509-room Secrets Playa Blanca Costa Mujeres, which is expected to open later this year, further expanding the Inclusive Collection in Mexico and strengthening Hyatt’s brand footprint. The new resort will join the Inclusive Collection, the world’s largest portfolio of luxury all-inclusive resorts comprised of ten distinct brands.
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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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Modern Restaurant Management
JUNE 1, 2023
By now, loyalty programs have shifted from a “nice-to-have” to a “need-to-have” for restaurants looking to retain customers and drive revenue amid record inflation figures and increased prices. In fact, research from Accenture found that more than 90 percent of companies have some sort of loyalty program. Although the development and implementation of loyalty programs have become increasingly popular, they still have a widespread reputation as generic, focusing more on ma
Food Service Focus brings together the best content for large-scale food service management professionals from the widest variety of thought leaders.
Fast Casual
MAY 30, 2023
Mignon François, founder of the Cupcake Collection and mother of six who turned her family’s $5 weekly dinner budget into a multi-million-dollar bakery brand, shares chapter 2 of her book, “Made from Scratch: Finding Success Without a Recipe.
Hospitality Net
JUNE 1, 2023
FTC Hotels, the lifestyle hotel franchise collection company, which owns the two lifestyle brands Casa Cook and Cook’s Club, has been acquired by the Real Estate business within Goldman Sachs Asset Management (“Goldman Sachs”) for an undisclosed consideration.
Modern Restaurant Management
MAY 30, 2023
Summer hiring is in full swing, and many restaurants are struggling to navigate one of their busiest seasons of the year while dealing with ongoing labor shortages and a volatile economy. Turbulent times call for creative solutions, so focusing on efficiencies and making investments in your staff are the best areas to tackle when it comes to running a restaurant this summer.
Bon Appetit Management Company
JUNE 2, 2023
Members of Environmental Carls Organized (ECO) pose during their plant-based cooking demonstration, led by Fellow Elise Kulers Across the country, Bon Appétit teams have been hard at work paving the way for a plant-forward revolution. The Bon Appétit Fellows have embarked on a similar mission to spread inspiration and knowledge about how to cook with vegetables through a series of plant-based cooking demonstrations for college students.
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Fast Casual
JUNE 2, 2023
Joseph Kim, U.S. CEO of Bb.q Chicken, reveals how he's growing the 2,000-unit South Korean chain in America.
Hospitality Net
MAY 31, 2023
As part of a $50 million redesign, Hyatt Regency Irvine to reveal the first phase of a complete reimagining, with all-new interior design, public spaces, dining, meeting and events offerings, and more than 500 guestrooms.
Modern Restaurant Management
MAY 31, 2023
Now that temperatures have officially warmed up, consumers are more eager than ever to dine outside and on-premise. Although restaurant operators are no strangers to this shift in behavior, what they may be overlooking is the chance to leverage one of summer’s biggest revenue driving celebrations – Father’s Day. According to the National Retail Federation , consumers spent approximately $20 billion in 2022 on this annual day dedicated to Dad and it was celebrated by nearly 76 p
Chef's Connection
JUNE 1, 2023
These are actual photographs from different inspections in our county. Can you see what the problems are? 1. ↓ Unpasteurized shell eggs over raw oysters is a violation? 2. ↓ This is a tougher one to catch. 3. ↓ An all too common discovery. 4. ↓ Two issues here. 5. ↓ This box contains breaded, cooked chicken. Any concerns? Answers: 1. Even though in-shell live oysters are raw proteins, they are considered ready-to-eat foods.
Fast Casual
JUNE 2, 2023
For most restaurants, automation is worth the investment. You’re not the only one feeling the urgency to change. Your peers face similar challenges, and many of them are pulling the trigger to adopt technology solutions to the many seemingly intractable problems.
Hospitality Net
JUNE 2, 2023
Although they would like to deny it, Gen Zs and Millennials do have one very important thing (for you!) in common: just like the Millennials before them, Gen Zs are highly motivated by travel and will spend as much of their disposable income on it as possible.
Modern Restaurant Management
MAY 31, 2023
The number of cooks and chefs employed in the U.S. has reaches an all-time high, according to a Chef's Pencil's report based on the latest Occupational Employment and Wage Statistics data released by the Bureau of Labor Statistics at the end of April 2023. Key takeaways include: Employment in the Food Preparation and Serving category is down seven percent compared to pre-pandemic levels, and recovery is very uneven within the professional groups.
FoodDocs
JUNE 2, 2023
The importance of proper storage practices cannot be underestimated in the food industry. This aspect of food safety can help protect customers from foodborne illnesses caused by contamination. An essential practice under food storage is maintaining an appropriate distance between the stored food and the floor. When storing products, it is important to make sure they are located inches from the floor.
Fast Casual
MAY 30, 2023
Big data isn’t just for big business. Small-to-medium-sized businesses (SMB), like franchises and C-stores, can use and analyze data more successfully to solve problems and make business decisions. See what’s happening across the enterprise and at every site.
Hospitality Net
JUNE 1, 2023
As a large majority of hotels have adopted some sort of dynamic pricing for their rooms, the next evolution of revenue management is moving beyond rooms, and many leaders have adopted total revenue management strategies for a more holistic approach.
Modern Restaurant Management
MAY 31, 2023
Now that temperatures have officially warmed up, consumers are more eager than ever to dine outside and on-premise. Although restaurant operators are no strangers to this shift in behavior, what they may be overlooking is the chance to leverage one of summer’s biggest revenue driving celebrations – Father’s Day. According to the National Retail Federation , consumers spent approximately $20 billion in 2022 on this annual day dedicated to Dad and it was celebrated by nearly 76 p
The Foody Gram
JUNE 1, 2023
An online food order system can work wonders for your restaurant if it possesses all the features necessary for managing customers and orders, expanding your customer base, and showcasing your menu. Moreover, it can assist you and your team in maintaining accurate order records, ensuring you stay updated on all aspects of your business. Choosing the right commission-free online ordering software can be challenging, which is why we've compiled a list of essential factors to help you make an infor
Fast Casual
JUNE 2, 2023
You can either blame the economy and hope the situation gets better or overcome your challenges by making a simple change to your hiring process. Join us as we discuss how a 3-location McDonald’s franchisee took control of turnover and achieved some big results with just a few small tweaks!
Hospitality Net
JUNE 2, 2023
According to CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022, but the recovery of hotel profits will be delayed until later this year. Hotel franchise and management companies have benefited the most from the ongoing revenue recovery because the fees they receive are frequently earned as a percent of revenue.
Modern Restaurant Management
JUNE 2, 2023
Owners of eating and drinking places have been compelled to increase menu prices as a survival strategy. Full-service menu prices jumped 8.8 percent and limited-service menu prices rose 7.1 percent in September year-over-year. However, continuing to raise prices to try to beat inflation could sound the death knell for restaurants at a time when they should be reveling in tune with the Christmas bells.
JAMIX
JUNE 1, 2023
In the fast-paced and competitive world of food service, efficiency is key to success. Whether you run a restaurant, catering business, or any other food service establishment, managing operations effectively can be a challenging task. From recipe management and menu planning to inventory management and order processing, there are numerous moving parts that require careful … Continue reading Streamline Your Operations with Food Service Management Software → The post Streamline Your O
The Foody Gram
MAY 31, 2023
Boosting revenue, profit margins, and sales is crucial in today's competitive restaurant industry. Offering delivery services is an effective way to achieve this, particularly as online food ordering continues to thrive. You can easily get started by using third-party platforms or dedicated online ordering systems, with the best choice depending on your budget and customers' preferences.
Hospitality Net
JUNE 2, 2023
Procaccianti Companies, one of the nation’s premier real estate investment and services firms, today announced the acquisition of the Presidents’ Quarters and development of the Sabal House Savannah. The project is a joint venture with Kim King Associates and Ross Hotel Partners.
Modern Restaurant Management
JUNE 2, 2023
In her " Making Dough Show ," owner-operator Hengam Stanfield offers advice on dealling with restaurant management challenges. In this episode, Stanfield discusses a recent experience where she had to part ways with a customer offering practical tips for managing delicate situations. Stanfield also has a variety of free resources including a marketing guide, an opening calculator and a business plan template available on her site.
JAMIX
JUNE 1, 2023
In the fast-paced and competitive world of food service, efficiency is key to success. Whether you run a restaurant, catering business, or any other food service establishment, managing operations effectively can be a challenging task. From recipe management and menu planning to inventory management and order processing, there are numerous moving parts that require careful … Continue reading Streamline Your Operations with Food Service Management Software → The post Streamline Your O
FoodLogiQ
JUNE 1, 2023
In a world characterized by rapid transformations and evolving consumer preferences, the realm of food is no exception. Today, as the global population becomes increasingly interconnected and informed, the dynamics of the food industry continue to be shaped by a myriad of factors. From the preferences of health-conscious individuals seeking nourishing alternatives, to the growing emphasis on sustainability and ethical consumption, consumer food trends continue to evolve.
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