Winter Is Coming. Does Outdoor Dining Have a Future? 11 Great Tips for Restaurants

Cheetah

California Formalizes Outdoor Dining Through 2024. Licenses will be granted for successive one-year periods, until 1 July, 2024. Reading Time: 4 minutes. Fancy a Spritz al fresco?

Tech Initiatives that Will Help Restaurant Industry Grow in 2021

The Restaurant Group

In fact, data confirms that contactless payments will reach $6 trillion by 2024. According to Forbes, more than 40% of restaurants struggled to survive during the COVID-19 pandemic crisis. What’s interesting is that G2 research highlights that almost 50 million people in the U.S.

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List of 5 Best POS Software for Restaurants in India (Most-Preferable)

Bingage

Restaurant POS Terminals Market size raised USD 10 billion in 2017 and is predicted to expand at a CAGR of over 13% between 2018 and 2024. The global industry purchases are expected to approach 20 million units by 2024. Everything is now digitalised! Agree?

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10 Email Marketing Ideas for Restaurants to Drive Sales

ChowNow

Online ordering has become extremely popular, so much so that digital sales will account for more than half of limited-service and quick-service sales by 2024. If your restaurant isn’t using email marketing, now is the ideal time to start.

COVID-19 Has Accelerated On-Demand Drone Delivery

Modern Restaurant Management

Prior to the pandemic, Research and Markets had forecast the global drone market to grow from $14 billion in 2018 to over $43 billion by 2024, with drone deliveries set to be the fastest growing application.

What Does The Future Hold For The Restaurant Industry? Here Are The Top 6 Technology Trends To Watch

The Restaurant Times

A report by Juniper Research states that contactless payments will triple to $6 trillion worldwide by 2024. The novel COVID-19 virus has transformed the restaurant industry like never before.

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Why you should optimize your menu for delivery

Deliverect

The industry’s been growing at a steady pace and is expected to yield a worldwide revenue of US $164 billion by 2024. Food delivery is big business. Today, 60% of all dining experiences are off-premises – a percentage that is believed to only increase.

4 Tips For Setting Your Marketing Budget

Indoor Media

While that number is expected to grow tremendously by 2024, the 50 largest beauty salons make up 15% of that market, and the 50 largest barbershops make up 30%.

Cloud Kitchens And The Future Of Restaurants

The Restaurant Times

According to a report by RedSeer Management Consulting, cloud kitchens are set to be a $2 billion industry in India by 2024, up from $400 million in 2019.

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7 Ways to Improve Your Restaurant’s Design for Delivery

Deliverect

The US restaurant delivery market is projected to reach $32 billion by 2024 , growing at an annual rate of 5%. To put that in perspective, that’s more than the GDP of the entire European nation of Iceland.

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20+ Restaurant Industry Statistics Every Restaurateur Should Know

ChowNow

Digital sales will account for more than half of limited-service and quick-service sales by 2024. 2020 flipped the restaurant industry upside down, and the restaurant industry statistics compiled in this blog post convey just that.

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Restaurant Recruiting, Staffing, & Turnover Trends: What You Need to Know About Managing Restaurant Staff in 2021

Black Box Intelligence

The chain says it expects to pay employees $15 per hour by 2024. The industry has been volatile the past year and a half — to say the least. And while things seem to be on the upswing, the industry is now facing another big hurdle: labor challenges and shortages.

Build Greater Brand Engagement For Your Cloud Kitchen By Leveraging Online Platforms

The Restaurant Times

by 2024. Running a successful restaurant business today is about making sure that your brand can be easily found online. Restaurant brands with a stellar online presence also have the potential to attract more customers and receive more orders.

7 Challenges Faced by Food Delivery Services and How to Address Them

The Restaurant Times

until 2024. With consumers shifting away from the dining-out trend towards home delivery services, technological growth has paced up in the sector. Food delivery services are currently leading the online marketplace.

September/October 2020 and Elections Legal Update

Modern Restaurant Management

Benefits will begin on January 1, 2024, with taxes to be paid starting on January 1, 2023. Pooja S. Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine.

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What is a Mobile POS System For Retail?

BNG Point of Sale

The global market was worth $17 billion in 2017 and is expected to grow to $55 billion by 2024. Mobile POS For Retail. What Is A Mobile POS System For Retail?

Restaurants Save Money with the Right Recycling Practices 

Modern Restaurant Management

billion by 2024. In 2018, when China stopped accepting plastics and recycling from the US, waste management professionals wondered whether the recycling industry could survive the loss of a major market for America’s commodity scrap. Two years later, the verdict is in.

How Ghost Kitchens Can Adhere To Sanitation And Hygiene Guidelines in Delivery Operations

The Restaurant Times

Research says that revenue in the online delivery segment is expected to show an annual growth rate of 7.5%, by 2024. Amidst the current lockdown, the restaurant industry has observed a spike in demand for delivery-only services.

Restaurant Recruiting, Staffing, & Turnover Trends: What You Need to Know About Managing Restaurant Staff in 2021

Black Box Intelligence

The chain says it expects to pay employees $15 per hour by 2024. The industry has been volatile the past year and a half — to say the least. And while things seem to be on the upswing, the industry is now facing another big hurdle: labor challenges and shortages.

Five Tips to Increase Gift Card Sales This Holiday Season 

Modern Restaurant Management

By 2024, global digital gift card sales are projected to hit $698.2

How to Set Up and Run a Ghost Kitchen for Your Restaurant Business

Restaurant365

Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024.

Rising Restaurant Minimum Wage: What to Know for 2021

Touch Bistro

Planned increase to $13.00/hour on January 1, 2022, increase to $14.00/hour on January 1, 2023, and an increase to $15.00/hour on January 1, 2024. With growing national pressure to increase the federal minimum wage in the U.S.

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The Top 5 Restaurant Management Questions Answered

Marketman

billion by 2024 with a significant annual growth rate of 14.6%. Whether your restaurant is preparing for its grand opening night or will be celebrating its 10 year anniversary, it is never a bad time to begin implementing the best restaurant management practices and improving your processes.

Waitr’s Recent Struggles Expose the Instability of Commission-Based Delivery Apps

ChowNow

Meanwhile, Uber Eats still isn’t profitable , and may not be until 2024. Waitr is one of the many third-party delivery marketplaces that’s been in the news lately for less than flattering reasons. The Lake Charles, Louisiana-based online ordering and delivery app saw its stock price plunge , lost its CEO and CFO recently, and has even been the subject of boycotts by restaurateurs and customers.

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How An Online Ordering System Can Multiply Restaurant Sales In Saudi Arabia

The Restaurant Times

by 2024. The number of food delivery orders placed online has seen a staggering increase in Saudi Arabia in recent years. According to statistics, the revenue in Saudi’s food delivery market is expected to show an annual growth rate of 9.8%

Responding to the Growing Age-Gap in the Workplace

Modern Restaurant Management

The Bureau of Labor Statistics estimates that, by 2024, 25 percent of the U.S. The U.S. workforce continues to expand, and an interesting phenomenon is occurring as a result – the workforce also is getting older.

January/February 2021 Legal Update

Modern Restaurant Management

FDA Announces 2024 Compliance Date for Food Labeling Regulations : On January 4, the Food and Drug Administration announced that it would set January 1, 2024 as the uniform compliance date for final food labeling regulations that are issued in calendar years 2021 and 2022. Pooja S.

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MRM Research Roundup: End-of-January 2021 Edition

Modern Restaurant Management

across the top 10 markets globally by 2024. Premium spirits are also forecasted to increase their global volume market share to 13 percent by 2024, according to IWSR. Business travel is not expected to return to 2019 levels until at least 2023 or 2024. This edition of MRM Research Roundup features the latest restaurant sales stats, brand loyalty, Valentine's Day spending plans and more. Same-Store Sales Fall.

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Touchless Ketchup, Icing on the Frosting and Bobacino

Modern Restaurant Management

billion by 2024. In this edition of MRM News Bites, we feature restaurant community support endeavors, new tech and a little holiday fun. Supporting Independents. Ocean Spray Cranberries, Inc.

Relearning the Social Etiquette of Dining Out

EATER

Guy Fieri recently renewed his contract through 2024, and the alleged eight-figure deal is “said to be the biggest talent deal of its kind for Discovery Inc.” [THR]. Photo by Michael Tullberg/Getty Images.

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MRM Plant-Based: Good Food Scorecard and Healthier Hospital Food

Modern Restaurant Management

billion by 2024. Please send plant-based news to Modern Restaurant Management (MRM) magazine's Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Good Food Restaurant Scorecard. Despite skyrocketing demand for plant-based food across the U.S.,

What Is A Matcha Latte?

Perfect Daily Grind

billion by 2024. The matcha latte first emerged on coffee shop menus a few years ago, and it has seen a considerable rise in popularity over a relatively short period of time.

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The 20/20 on 2020: Restaurant Experts Weigh In

Modern Restaurant Management

percent by 2024, and 2020 will be a catalyst year that could drive that number up. Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more.

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MRM Research Roundup: End-of-January 2020 Super Bowl Edition

Modern Restaurant Management

These services will account for 70 percent of all delivery orders by 2022, with the user base expected to increase 53 percent by 2024.

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