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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in. billion by 2030.

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Navigating Colorado's Tip Laws: A Guide for Employers

7 Shifts

per hour, but this number will change again on January 1, 2024. Attorneys Ariel Cudkowicz and Michael Steinberg explain : “In accompanying commentary to the proposed rule, the Division notes that this hourly rate was derived from the estimated inflation-adjusted monthly equivalent of $30 in 2024 dollars—$187.32. an hour.

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Navigating Colorado's Tip Laws: A Guide for Employers

7 Shifts

per hour, but this number will change again on January 1, 2024. Attorneys Ariel Cudkowicz and Michael Steinberg explain : “In accompanying commentary to the proposed rule, the Division notes that this hourly rate was derived from the estimated inflation-adjusted monthly equivalent of $30 in 2024 dollars—$187.32. an hour.

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5 ways to improve your quick-service restaurant’s speed of service in 2024

Rocket Fuel

Having POS, BOH, labor, VOC, and SOS metrics available in one place allows you to easily compare metrics and get a clear picture of your areas of improvement. The post 5 ways to improve your quick-service restaurant’s speed of service in 2024 appeared first on Delaget.

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Restaurant Automation: The Key to Back of House Efficiency 

Apicbase

The 2024 Square Future of Restaurants report surveyed thousands of restaurant owners and customers across the United States, Canada, and the UK. And over half of respondents said they plan to spend more on technology and automation tools in 2024. Back of house (BOH) operations are complex and have many moving parts.

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How to Choose the Best Kitchen Management Software for Your Multi-Unit Restaurant Business

Apicbase

The right BOH system allows you to integrate all of your tech elements and make sure they talk to each other effectively to save time and avoid costly errors. According to a survey by Juniper Research , contactless payments will be a $6 trillion business by 2024.

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Breaking Down New York State Tips Laws for Restaurant Owners

7 Shifts

The minimum wage in New York changed to $15 per hour for all locations on January 1, 2024. New York City, Long Island, and Westchester had already reached that level and were scheduled to increase to $16 in 2024. BOH employees can’t be included because they already receive minimum wage and don’t customarily receive tips.