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A strong catering business can be a restaurant’s biggest moneymaker. You know exactly how many people you’re going to serve, how many portions will be provided, what the cost is, what you’re going to charge and what your net profit will be. Most of the year, catering can comprise 10 to 15 percent of your total sales, but during December, if 20 percent of sales are not coming from catering, you’re missing an opportunity.
Image Credit: Wall Street Journal Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. Here are some of this week’s top headlines. The Wall Street Journal took an inside look into the struggle to scale cultivated meat following the FDA’s approval of Upside Meat’s cultivated chicken.
Investing in a franchise can be a great way to become a business owner and benefit from an established brand and proven business model. However, the initial investment can be a significant hurdle for many aspiring entrepreneurs.
Nobu Hospitality is delighted to announce the launch of Nobu Hotel and Restaurant Sevilla. Set in the heart of the Andalusian capital at Plaza de San Francisco, the brand’s latest opening occupies two early 20th century residential buildings, lovingly restored to enhance their traditional architecture. Facing the plateresque façade of the City Hall, Nobu Hotel Sevilla features 25 stylish guest rooms and suites, and an expansive rooftop terrace complete with a swimming pool and dining area which
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.
On April 17, 2023, a panel of judges in the Ninth Circuit Court of Appeal held that the City of Berkeley’s regulation prohibiting the installation of natural gas piping within newly constructed buildings was preempted by the federal Energy Policy and Conservation Act (“EPCA”). The action was brought by the California Restaurant Association (“CRA”).
During this year’s Restaurant Franchising and Innovation Summit in Miami, Florida, a session of industry experts and operators convened to discuss automation and how to leverage it for success in the changing restaurant and franchising space. Part 2 of 2.
The U.S. Food and Drug Administration (FDA) issued the Food Traceability Rule to quickly identify and mitigate risk associated with “high risk” foods prone to contamination. The complexity of FDA’s mandate impacts more than 10,000 products and puts an unnecessary paperwork burden on the food supply chain. FMI is committed to addressing the industry’s concerns with lawmakers and regulators.
The U.S. Food and Drug Administration (FDA) issued the Food Traceability Rule to quickly identify and mitigate risk associated with “high risk” foods prone to contamination. The complexity of FDA’s mandate impacts more than 10,000 products and puts an unnecessary paperwork burden on the food supply chain. FMI is committed to addressing the industry’s concerns with lawmakers and regulators.
As we move forward from the global pandemic, the tourism sector has a new outlook, with sustainability at the forefront. Travelers are becoming more environmentally conscious and ethical in their travel choices. A recent study by World Travel & Tourism Council (WTTC) and Trip.com Group shows that 69% of tourists plan to travel sustainably in 2023. This trend has paved the way for sustainable vacation rentals offering eco-friendly accommodations and services.
In March, Chick-fil-A announced that a forensic investigation found that a cybersecurity breach compromised its mobile app. More than 71,000 mobile app users were affected, resulting in the exposure of personally identifiable and sensitive data that included names, email addresses, phone numbers, and banking information. With an increasing number of restaurants relying on mobile apps for orders, payments, customer rewards, promotions, and menu updates, mobile apps have become a vital aspect of t
Cold holding is a critical operation in any food establishment for keeping high-risk foods safe for consumption. Read the article to learn everything essential about cold-holding temperatures for different foods.
Like any other industry, hotels have realized that technology adoption is the only thing that will help them drive growth. And this has led to a slight yet encouraging increase in their IT investment. From what we gather from our interactions with hotels and industry experts, about 4% to 5% of hotel revenue was allocated toward IT in 2022. It is a tiny improvement from what it was in 2021.
What if I told you that you could solve a variety of your problems by improving your supply chain transparency? This one effort can help your restaurant ensure you’re aligned with suppliers that prioritize safety and quality efforts. It can also help you identify – and mitigate – a variety of risks. Supply chain transparency can provide vital information about suppliers’ environmental, social, and governance (ESG) initiatives.
As the role of artificial intelligence in the restaurant industry continues to grow, smart restaurant owners and managers will find ways to use AI and automation to support their teams, creating new opportunities for revenue and increased efficiency. This white paper covers best practices for implementing AI in a way the empowers human workers.
As any foodservice operator knows, space is at a premium in a servery. With counters, equipment, and space for merchandising, it’s easy to run out of room for serving trays, drop-ins , and heated or cooled surfaces. But what do you do when there’s no more room at counter height? The solution lies in moving upward. Going vertical allows operators to serve more product in the same footprint by using equipment suited for this method.
Hyatt Hotels Corporation (NYSE: H) and Sun Hung Kai Properties (SHKP) announced today the opening of Andaz Nanjing Hexi, exemplifying Hyatt’s thoughtful and strategic expansion of its brands in Greater China as the Andaz brand’s fourth property in the region. Located in the rapidly developing Hexi CBD area, Andaz Nanjing Hexi boasts stunning views of the city and Yangtze River from its prime position atop Nanjing Metro Yuantong station of Line2 and Line10.
Just like a great restaurant that remembers your favorite order before you even sit down, what if artificial intelligence could do the very same thing? Artificial intelligence, in particular generative artificial intelligence, has been changing the game lately, especially in the field of marketing. Learn how your restaurant can benefit from this form of the future of generative AI in marketing in the Infographic below.
The FoodTech industry is a rapidly changing landscape, marked by continuous progress and innovation year after year. As part of our European Unveiling 2022 FoodTech 500 Tour , this time we collaborated with Kitchentown to host an event in Berlin on the 20th of April, bringing together members of the German FoodTech community to celebrate the release of this year’s list.
Everything is ready for the second annual ‘’Strategie Climatiche Aziendali a Impatto Zero’ ’ conference to be held in Milan on May 4 and 5, 2023. The organizer of the event, World Class Business Leaders , confirms the formula of business matching and presentation of excellent cases in the area of sustainability as a key element of an ever-changing market.
JW Marriott, part of Marriott Bonvoy’s portfolio of 30 extraordinary hotel brands, today announced the opening of JW Marriott Hotel Xi’an, a remarkable destination home to six UNESCO World Heritage cultural and historic sites. Incorporating the beauty of the ancient city of Xi’an with the sophistication and luxury of the JW Marriott brand, the hotel offers extraordinary service and a commitment to holistic well-being, empowering guests to foster connections and revitalize their mind, body, and s
In March, Revenue Management Solutions surveyed more than 800 restaurant-goers across the US to find out how they’re dining in 2023. While insightful, it wasn’t all great news. At a high level, the findings indicated that reported usage across restaurant segments and revenue channels has fallen compared to Q4 2022. The survey results were supported by performance.
Running a food truck, café, or restaurant is rewarding, but leveraging online ordering and delivery platforms can be costly. Although they broaden your customer reach, these platforms often take around 30% of your revenue per order. Instead, consider setting up an affordable online ordering system to save money, get paid faster, and boost sales. The Foody Gram is a user-friendly online ordering solution for your restaurant, offering flat-fee options without needing an app.
DerbySoft, the leader in high-performance distribution services, announces a new partnership with Langham Hospitality Group, a collection of luxury properties set on four continents. This new partnership brings DerbySoft Connectivity Technology straight into the Property Management Systems of 29 properties globally.
Artificial Intelligence (AI) has been in the news a lot lately and many have experienced it firsthand with ChatGPT, Google AI or Simplify. While much hype has been around making tasks like writing easier, there has been considerable focus on the negative aspects of AI such as plagiarism, fake photos or displacing workers. AI certainly has the potential to change so many things in society, but what will accelerate change is how technology and models like the ones developed by OpenAI will be appli
Game meat refers to the meat obtained from animals that are hunted in their natural habitats. In preparing and serving game meat recipes, the importance of food safety must be emphasized. Learn tips and guidelines for preparing wild meat.
Stoneweg Hospitality (‘Stoneweg’), the hotel investment arm of global real estate company Stoneweg, has acquired two hotels in Spain from Globalia Business Corporation, the Spanish tourism group, for €83 million. The investments have been made through a variety of Stoneweg’s discretionary funds and increase the Company’s hospitality exposure by 25%, from 1,281 to 1,691 keys, as well as its weighting to the Balearic and Canary Islands to 62%, a region where record visitor numbers are forecasted i
At its May 2023 meeting, the Chicago Public Schools (CPS) Board of Education will consider a proposal for a new Local School Wellness Policy for Students. Wellness policies are required of all school districts that participate in the National School Lunch Program, and they provide an important opportunity for district leadership to share their values, priorities, plans and accountability mechanisms for supporting the health and wellness of all students.
Technology can revolutionize your back-of-house, allowing for accurate temperature monitoring, employee accountability, and food safety. What are the essential questions that you should ask before purchasing back-of-house software for your food and hospitality business?
avid hotels - part of IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies with more than 6,000 destinations across 18 brands - is celebrating its 60th open property with the debut of the new avid hotel Atlanta - Conyers I-20. The hotel marks the sixth avid hotels property in Georgia.
I liked the article on the Fridge Tetris. I was wondering about storing raw meat with different cooking/kill step temperatures next to each other in the fridge. A: Hi, yes this is a great question. The food code requires raw animal foods be separated from ready-to-eat foods. While the rules do not specifically require that the food be stored vertically, is preferable to store raw proteins vertically rather than horizontally.
High-risk populations, including the elderly, children, and pregnant women, are significantly more vulnerable to foodborne illness. Food handlers are responsible for serving safe foods to high-risk group consumers. Read how to do it most effectively!
These are actual photographs from different inspections in our county. Can you see what the problems are? 1. ↓ This is a fresh water tank. Any concerns? 2. ↓ Is everything in its proper place? 3. ↓ This is an auxiliary wastewater storage cube with some concerns. Can you see the problem? 4. ↓ Freezer storage. Although a mobile unit, this would also be a concern if discovered in a brick and mortar.
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