article thumbnail

Despite Improved 2024 Outlook, Labor, and Other Risks May Drag Restaurants Down

Modern Restaurant Management

restaurant industry will continue to shake off the aftereffects of the pandemic in 2024, but that doesn’t mean the challenges that remain are easily dispelled. Quick service, fast casual and bars and taverns have exceeded where they were in February 2020. It’s the industry’s biggest concern.

2024 114
article thumbnail

MRM Research Roundup: Super Bowl and Valentine’s Day 2024 Edition

Modern Restaurant Management

Pizza Ordering Predictions HungerRush released the results of a national dining survey on 2024 pizza ordering predictions for The Big Game (February 11) and National Pizza Day (February 9). Restaurateurs are not only investing in AI to address labor challenges – more established automation tools are also on the agenda in 2024.

2024 192
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

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.

2024 52
article thumbnail

Soho House, Explained

EATER

In March 2024, Soho House executive chairman Rob Burkle issued a letter to shareholders after a short-seller report suggested the company was “ facing an existential crisis.” Just about every kind of casual restaurant format has gotten the Soho House treatment. Update: 3/22/2024: This story was originally published August 15, 2017.

article thumbnail

Soho House, Explained

EATER

In March 2024, Soho House executive chairman Rob Burkle issued a letter to shareholders after a short-seller report suggested the company was “ facing an existential crisis.” Just about every kind of casual restaurant format has gotten the Soho House treatment. Update: 3/22/2024: This story was originally published August 15, 2017.

article thumbnail

HORECA Middle East: 5 Opportunities in the Hotels, Restaurants, and Catering Industries

Aaron Allen & Associates

And forecasts for 2024-2028 are also positive, with Egypt expected to have the highest growth rate, followed by the United Arab Emirates. In the Middle East, GDP growth forecasts for 2023 are better than pre-pandemic values for Bahrain, Jordan, Kuwait, Oman, Qatar, the KSA, and the UAE. Restaurant Due Diligence Mitigate Risk. Maximize Value.

Hotels 52
article thumbnail

State of the Industry and More Restaurant Research

Modern Restaurant Management

" At least 4 in 10 operators in each of the three limited-service segments — quickservice, fast casual, and coffee and snack — believe the addition of drive-thru lanes will become more common in 2023. Only one in ten operators think recruiting and retaining employees will be easier in 2023 than it was in 2022.

2023 199