article thumbnail

2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

In 2023, we saw sellers increasing throughput utilizing the “experience creates consumption” strategy and we predict an increase in draft program profitability in 2024 as more on-premise professionals embrace the needs of the highly coveted craft beverage loyalists. The impact of these technological shifts is multifaceted.

2023 123
article thumbnail

2023 Outlook: Trends and Challenges Restaurants Will See, Part Two

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. In 2023, we can anticipate businesses really focusing in on value and doing what they can to attract and retain both employees and guests. For part one, click here.

2023 197
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Coffee News Recap, 4 Nov: PRF to return to Colombia in 2023, more than a third of UK hospitality businesses at risk of closure due to rising costs & other stories

Perfect Daily Grind

Sucafina will offer IMPACT-verified shipments in early 2023, and plans to verify all of its direct supply chains by 2025. PRF to return to Colombia on 6 and 7 July 2023. Mayorga Coffee will be the Diamond Sponsor for the next six PRF events (two per year), including PRF El Salvador, which will be held on 16 and 17 March 2023.

2023 126
article thumbnail

Where to Eat in 2023

EATER

After a fitful 2022, when a wave of pent-up wanderlust crashed over hot destinations, overwhelming hotels and airlines, 2023 seems like a chance to give up revenge travel and reset. Historic, beautiful, and just 40 minutes by train from London, Cambridge attracts 8 million visitors each year. Shutterstock. CAMBRIDGE, ENGLAND.

2023 98
article thumbnail

Coffee News Recap, 26 May: Robusta futures reach 15-year high, Canada & Denmark announce National Coffee Championship winners & other stories

Perfect Daily Grind

Mon, 22 May SCA announces speaker schedule for 2023 Education Summit to take place in Busan, South Korea. The 2023 Education Summit will take place on 31 May & 1 June. USDA anticipates 2% rise in India’s coffee exports in 2023/24 season. Benjamin Put wins 2023 Canadian Barista Championship.

2023 112
article thumbnail

Coffee News Recap, 7 Apr: Coffee is still the US’ favourite beverage, 2024 World Brewers Cup & Cup Tasters Championship to be held in Chicago & other stories

Perfect Daily Grind

Mon, 3 Apr SCA announces 2023 UK Barista Champion. Ian Kissick of Formative Coffee in London placed first, and will represent the UK at the 2023 World Barista Championship in Athens, Greece from 21 to 24 June. This year’s High Density event to take place on 16 November 2023. SCA announces 2023 German Brewers Cup Champion.

2024 123
article thumbnail

Quick Facts About the Restaurant Revitalization Fund (RRF) Process

Modern Restaurant Management

Eligible establishments include restaurants, food trucks, bars, breweries, wineries, and bakeries. Eligible establishments have until March 11, 2023, to use the funds on qualified expenses. equipment, accounting, training, legal, marketing). The requirements are a little different for businesses that started in 2020.

Document 197