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Pandemic Effects on Funding, Growth and People – Plus Predictions for 2024

Modern Restaurant Management

Shortage of Capital for Restaurant Technology As we marched into 2023, interest rates and uncertain economic conditions continued to impact the withdrawal capital from restaurant technology investments. Investments in venture capital had a massive retreat in 2023, hitting the technology sector very hard. – Lissa Bowen

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2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. We've reached a point where we're recognizing the value and limits of these technologies.

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Chefs Love Wonder, the Latest App Trying to Disrupt Delivery. Will Diners Follow Suit?

EATER

In early April 2024, Wonder seemed to invest in its in-house delivery operations even more by acquiring Relay, a New York City-based delivery service, according to a person with knowledge of the deal. Kristen Hawley writes about restaurant operations, technology, and the future of the business from San Francisco. Wonder’s $1.5

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The Top Restaurant Stories of 2023

The Rail

Then the NFL teamed up with EverPass to put two games on Peacock Sports Pass -- the Buffalo Bills and Los Angeles Chargers on 12/23, and one Wild Card playoff game on January 13, 2024. Reef Kitchens , backed by SoftBank, started closing their locations back in March to focus on licensing its technology to spaces like stadiums and airports.

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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. While the fees might be steep, you are leveraging proven technology platforms to connect with customers, receive online orders, and provide reliable delivery fulfillment.

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The Top 5 Restaurant Management Questions Answered

Marketman

With the development of new technologies and solutions to help ease and speed up processes, restaurant owners, at all levels of experience, can apply new and innovative methods to ensure they are maximizing their restaurant’s success. billion by 2024 with a significant annual growth rate of 14.6%.

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Touchless Ketchup, Icing on the Frosting and Bobacino

Modern Restaurant Management

Each Station is powered by Sharebite’s enterprise-ready technology platform, enabling companies to centrally manage employee food ordering and facilitate contactless deliveries at designated drop-off points inside office buildings. “We put the safety of our employees first. . ” says Dilip Rao, CEO of Sharebite.