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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. Don’t be afraid to increase price.

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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.

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Coffee News Recap, 2 Sep: Ethiopian government reports US $1.4 billion earnings from 2021/22 coffee exports, volumes of sustainably-sourced green coffee increased by 29% in 2021 & other stories

Perfect Daily Grind

The government estimates that revenue from coffee exports could increase further in 2022/23 as coffee prices remain high. ofi secures US $1.975 billion sustainability-linked loan. Global Coffee Platform’s 2021 Snapshot report shows 55% of green coffee purchased by eight coffee multinationals meets some sustainability standards.

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JBF Survey: Chefs Optimistic Despite Challenges

Modern Restaurant Management

Rising food costs are the number one issue of concern for chefs heading into 2023, according to the survey, with 44 percent of respondents ranking it as their top worry. What were common menu items where prices were raised? . Sixty-seven percent of respondents raised prices throughout their entire menu, and 25 percent on a few items.

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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

The survey found that that 35% of respondents were expecting to be operating at a loss or face closure by the end of the year, with 96% of businesses also experiencing higher energy costs and 93% facing food price inflation. Fairtrade launches Living Income Reference Price for Ugandan arabica.

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MRM Research Roundup: Top F&B Trends to Watch

Modern Restaurant Management

A Decade of DoorDash DoorDash celebrated its 10th anniversary by unveiling Dash From the Past 2023 and Dash From the Past: A Decade Delivered, which checks in on popular trends as we celebrate the best of what users have dashed over the past year, and over the past decade. Like the most ordered food on DoorDash of all time: French fries.

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Hospitality trends restaurants should know in 2023

Open for Business

No one would have guessed that so many people would be working remotely in 2023, or that TikTok would become the next social media powerhouse. Digital ordering has been a game changer, and the latest trends for 2023 could change how hospitality businesses operate even more. Subscriptions are one way to build that relationship.

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