Modern Restaurant Management

DECEMBER 20, 2023

trillion in sales by 2030 , leading to a continuous influx of new restaurateurs. An integrated marketing strategy can establish the groundwork for curating memorable dining experiences, further fostering brand loyalty and generating positive word-of-mouth to grow your business to new heights. The industry is projected to reach $1.2

Customer Experience 493

Customer Experience Innovation Social Media Seasonal Menu 493

Modern Restaurant Management

APRIL 6, 2022

Euromonitor estimates that ghost kitchens could top $1 trillion in revenue by 2030. As demand for convenience and safety, as well as the digital experience, continues to have a permanent impact on restaurants’ business models, consumers show their gratitude for convenient dining options.

Operations 491

Operations Kitchen Safety Food Safety Waste 491

Modern Restaurant Management

DECEMBER 20, 2023

Many dining establishments found ways to use AI to track and flag stock quantities, automate schedule-making for staff, implement customer service chatbots and process online orders. Each year, Modern Restaurant Management (MRM) magazine asks experts for their views on the state of the industry. Here are some of their insights.

2023 492

2023 Loyalty Program Mobile Ordering Consumer Goods 492

Modern Restaurant Management

FEBRUARY 4, 2022

Menu variety plays a substantial role in every dining experience. As per a report by Future Market Insights (FMI), the plant-based burgers market is predicted to rise exponentially, exhibiting a CAGR of over 22% between 2020 and 2030. Following are some of the major restaurant trends to watch out for in 2022. Simplified Menus.

2022 547

2022 Online Ordering Customer Service Website Management 547

Modern Restaurant Management

MARCH 3, 2023

" Pandemic Pivots Become Permanent The temporary "pivots" developed during the pandemic — expanded delivery services, outdoor dining options, to-go alcohol offerings, and investments in technology — are the foundation of the industry's "new normal." million by the end of 2023.

2023 508

2023 2022 Consumer Goods Point of Sale 508

Modern Restaurant Management

FEBRUARY 5, 2024

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). In this edition of MRM Research Roundup, we feature pizza predictions, Valentine's Day menu trends and lots about loyalty. million times per month.

2024 492

2024 Loyalty Program Food Order 2030 492

Modern Restaurant Management

JANUARY 20, 2022

According to research by the National Restaurant Association Research and Knowledge Group, the restaurant industry will likely be drastically different by the year 2030. One of the most obvious aspects of this interaction is that there is not a single human involved besides the consumer. How AI Will Change Consumers Restaurant Experience.

Food Order 520

Food Order Waste Online Ordering Email Marketing 520

Modern Restaurant Management

NOVEMBER 6, 2019

The National Restaurant Association , in partnership with American Express and Nestlé Professional, released its 10-year outlook report on the projected state of the restaurant industry in 2030. trillion by 2030. The industry workforce will likely exceed 17 million by 2030. between 2018 and 2030. "The

2030 385

2030 Dietary Restrictions Recruiting 2018 385

Modern Restaurant Management

JANUARY 16, 2020

trillion in sales by 2030. From infamous chicken sandwich wars to on-trend plant-based burgers and acai bowls, it’s safe to say that 2019 was a trademark year for restaurants. In fact, amidst all the hubbub, new projections are putting the industry at a whopping $1.2 The Delivery Dilemma. Compliance Is Key.

2019 357

2019 2020 Employee Relations 2030 357

EATER

NOVEMBER 9, 2020

A market research firm recently estimated that delivery-only restaurants could be a $1 trillion business by 2030. Euromonitor, a market research firm, recently estimated that they could be a $1 trillion business by 2030. Rows of shipping containers were used to create the small kitchens inside the Grand Food Depot in LA.

2030 361

2030 Consumer Goods Online Ordering Delivery 361

Modern Restaurant Management

FEBRUARY 18, 2020

Vetting dining room, bar, and kitchen staff over the next decade will require probing more during job interviews, seeking candidates with more responsible lifestyles, advanced educational aspirations, and other evidence of a disciplined, drug-free work ethic will become even more of an HR imperative. Christopher Baron of RedBaron Consulting.

Mobile Ordering 539

Mobile Ordering Front of House Customer Service Customer Experience 539

Modern Restaurant Management

DECEMBER 16, 2019

Fine and Family Dining Hurt by Holiday Shift. The best performing segments during November were those whose sales are the most negatively affected by Thanksgiving: fast casual, upscale casual and casual dining. This was largely due to a favorable shift in the Thanksgiving holiday. Same-store sales growth was 1.6 percentage points.”

2019 322

2019 Compost Mobile Ordering Online Ordering 322

Focus POS

APRIL 21, 2020

This trend will likely continue for the next decade and by 2030, the Association expects the industry to fully integrate with technology that focuses on mobility, ease of use, and heightened security. By 2030, mobility will not be optional.

POS 164

POS Mobile Ordering 2030 Customer Experience 164

Modern Restaurant Management

AUGUST 24, 2021

However, even with in-person dining experiences almost back in full swing, their presence remains at the forefront of the industry’s growth. However, even with in-person dining experiences almost back in full swing, their presence remains at the forefront of the industry’s growth.

Influencer 450

Influencer 2030 Online Ordering Customer Experience 450

Modern Restaurant Management

FEBRUARY 10, 2020

The third annual Good Food Restaurant Scorecard ranks the top 100 restaurant chains in the U.S. on the depth, breadth, and promotion of their plant-based entrées. New GFI-commissioned data also released today reveals the size of the market opportunity on offer and shows that U.S. This data covers U.S. Both Burger King and Carl’s Jr.

Hospitality 459

Hospitality Food Consumer Goods 2019 459

Modern Restaurant Management

MAY 4, 2022

Untethered by the need for brick-and-mortar eatery space, ghost kitchens are helping food brands gain traction with consumers interested in buying meals without the expectation or need for a traditional “dining out” experience. How popular is food delivery? This reduces the need for as many employees. Cost Analysis.

Front of House 492

Front of House 2030 Delivery Food Order 492

The Restaurant Group

SEPTEMBER 16, 2020

According to Euromonitor , ghost, or “virtual”, kitchens could be a $1 trillion business by 2030. Changes and Opportunities in 2020 and Beyond. Needless to say, this has been a year like no other with unprecedented challenges. These will likely continue well into the foreseeable future. Despite the apparent challenges, not all is lost.

Online Ordering 148

Online Ordering Delivery Point of Sale Customer Service 148

Cheetah

MARCH 26, 2021

According to UBS Group, food delivery worldwide will become a $365 billion market by 2030 ; and these were pre-Covid-19 predictions. Ghost kitchens, also known as cloud kitchens, virtual restaurants, dark kitchens, or satellite restaurants, are delivery-only restaurants with no physical space for dine-in. Reading Time: 4 minutes.

Front of House 144

Front of House Online Ordering Delivery Back of House 144

Focus POS

MAY 5, 2020

Generating ingredient tracking reports will give insight into customers’ dining preferences, which can be used as a guideline for menu planning. These powerful solutions give you a bird’s-eye view into your restaurant—even when you aren’t on site—so you can forecast, schedule and order more efficiently. Optimize Labor.

POS 120

POS Mobile Ordering Point of Sale Inventory 120

Deliverect

NOVEMBER 13, 2019

trillion by 2030 - a growth that's very much driven by off-premise orders. According to a recently published report by the NRA , restaurant sales will grow to $1.2 Setting up a delivery service, though definitely worth the while, does come with a few pain points, all of which can be easily solved by automating the order process.

Delivery 113

Delivery Online Ordering Point of Sale Food 113

Ordyx

APRIL 11, 2021

This one location in Indiana converted into a catering-only location to make up for lost sales from their dine in customers. This eliminates great costs by eliminating front-of-the-house staff, dining room space, and furniture. Not only would you not require a dining room, but you also wouldn't need to invest in expensive real estate!

Front of House 52

Front of House Back of House Point of Sale Email Marketing 52

Clover - Restaurants

JULY 5, 2024

by 2030 , with trends such as artisanal breads and premium ingredients driving customer interest. Luckily in 2024, the U.S. restaurant industry continues to evolve and is on the brink of passing a historical $1 trillion in sales , with certain business models standing out for their profitability.

2024 52

2024 Food Truck Fast Casual Fine Dining 52

The Restaurant Times

JUNE 11, 2020

Cloud kitchens are delivery-only restaurants with no storefront or dine-in facility. According to a Goldstein Market Intelligence report, the global cloud kitchen market was valued at USD 700 Million in 2018 and is expected to grow at a CAGR of 17.25% through the forecast period – 2017-2030. Understanding the Cloud Kitchen Business .

Online Ordering 87

Online Ordering Kitchen Safety License Website Management 87

The Restaurant Times

JANUARY 14, 2022

It doesn’t matter if you’re going to open a fast-food restaurant, a high-end dining place, or a ghost kitchen; the location is king. And, over time the global market for ghost kitchens is expected to grow from $43.1 billion in 2019 to $71.4 billion by 2027. 7 Steps To Open Your Touchless Ghost Kitchen In The UK.

Online Ordering 52

Online Ordering Email Marketing Social Media 2030 52

Apicbase

FEBRUARY 29, 2024

billion by 2030. billion by 2030. 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. At first glance, some stats might seem to contradict each other. Let’s dig in. million in 2021, to $974.9

2024 52

2024 Operations 2023 Loyalty Program 52

The Restaurant Times

JUNE 6, 2023

CAGR from 2023 to 2030. Moreover, the software’s cost control features allow for accurate tracking of expenses, identifying areas of excessive spending, and implementing cost-saving measures. The result is enhanced profitability and improved overall efficiency in the food service industry. million in 2022.

Inventory 52

Inventory Management Management Food Supply 52

Goliath Consulting

DECEMBER 21, 2022

Food delivery will grow to a $24 billion industry by next year, and 6 out of 10 Americans will choose to order food rather than dine in. 2 It is also predicted that the ghost kitchen segment could reach $1 trillion by 2030 with the increasing amount of automation and investment into the business. Let’s Talk.

2030 243

2030 Delivery Customer Service Innovation 243

The Restaurant Times

AUGUST 20, 2021

In an exclusive conversation with The Restaurant Times , Saad Aldrees, Co-founder & CEO of Foods Gate Company, discusses how the brand is creating signature dining concepts and culinary experiences in the Saudi F&B space. . Aldrees also has great plans to grow the portfolio with different cuisines and brands.

Menu 52

Menu Tourism Fine Dining Food Supply 52

The Restaurant Times

AUGUST 18, 2020

The food delivery market is booming, and the online food delivery segment is projected to grow to $365 billion by 2030 globally. A cloud kitchen, also known as a virtual restaurant, ghost kitchen, or dark kitchen, is a delivery-only restaurant format that doesn’t offer a dine-in facility. Location & Property. Licenses .

Mobile Ordering 52

Mobile Ordering Online Ordering License Email Marketing 52

The Restaurant Times

JUNE 23, 2020

The food delivery market is booming, and the online food delivery segment is projected to grow to $365 billion by 2030 globally. A cloud kitchen, also known as a virtual restaurant, ghost kitchen, or dark kitchen, is a delivery-only restaurant format that doesn’t offer a dine-in facility. Location & Property. Licenses .

Mobile Ordering 52

Mobile Ordering Online Ordering License Email Marketing 52

Apicbase

APRIL 5, 2022

That’s where the franchise expansion model comes into play. If you’re considering this business model, make sure you fully understand what a franchise restaurant is. You should be in it for the right reasons AND be aware of the potential pitfalls. How To Franchise A Restaurant? Develop your franchise using a proven roadmap for franchisors.

Franchising 52

Franchising Franchise Food License 52

Apicbase

SEPTEMBER 23, 2022

You may not have noticed, but some brilliant restaurant chains and franchises are shaking up the dining culture of the Nordic countries, both with new concepts and by revamping old ones. An experience that combines the high quality of fine-dining with the cosy atmosphere of sharing dishes with friends. Scandinavia. Oli Oli Poke.

Fast Casual 52

Fast Casual Casual Franchise Franchising 52

The Food Corridor

MARCH 27, 2023

Ghost kitchens are delivery-only restaurants without dining areas for customers and have no physical storefront. The model allows one or more virtual restaurants to operate from a delivery-optimized kitchen without the overheads of a dining room or front-of-house staff. Food delivery is nothing new, of course.

Kitchen Safety 59

Kitchen Safety Delivery Online Ordering Food Order 59

Apicbase

FEBRUARY 6, 2023

By 2030, it is estimated that the cloud kitchen market will bring in $112.7 Cloud kitchens, also known as dark kitchens or ghost kitchens, were developed specifically to meet the surging demand for off-premise dining. Software is giving successful operations an edge over the rest. billion in revenue. That’s where tech comes in.

Delivery 52

Delivery Management Management Online Ordering 52

Apicbase

JANUARY 13, 2023

However, we’re seeing some major shifts around menu creation, procurement, and dining habits of guests. We’re seeing major shifts in menu creation, procurement, and dining habits. The F&B industry grew in 2022… and it will keep growing in 2023. Let’s dig in. This trend is expected to continue in 2023.

2023 52

2023 Operations Management Management 52

Modern Restaurant Management

DECEMBER 18, 2019

As more meatless options become popular throughout the hospitality scene, Tripleseat released three popular menu options trending this holiday season as restaurants prepare for dinner parties. "We can anticipate more meatless menu trends in 2020 as chefs experiment with additional foods to replace animal products." “Mrs.

Seasonal Menu 340

Seasonal Menu Consumer Goods 2020 Fast Casual 340

Modern Restaurant Management

JANUARY 27, 2020

It increased the efficiency of our operation while providing a service that is highly desired by our students," said Zia Ahmed, Senior Director, Dining Services at The Ohio State University. Grubhub Ultimate in action at Taheni Grill in New York City. Heads-up customer displays to show real-time order estimates across all channels.

Catering 305

Catering Mobile Ordering Customer Service Food Order 305