article thumbnail

2022: A Year of Transition for Restaurants

Modern Restaurant Management

Fifty-one percent of adults say they aren't eating at restaurants as often as they would like, which is an increase of six percentage points from before the pandemic. Fifty-one percent of adults say they aren't eating at restaurants as often as they would like, which is an increase of six percentage points from before the pandemic.

2022 201
article thumbnail

2023 Reflections: The Year That Was in Restaurants, Part Two

Modern Restaurant Management

As with most other industries, the biggest talking point for restaurants in 2023 has been artificial intelligence. . Each year, Modern Restaurant Management (MRM) magazine asks experts for their views on the state of the industry. Here are some of their insights. Click here for the first part.

2023 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

Coffee News Recap, 12 May: World AeroPress Championship 2023 will take place in Melbourne, Oatly appoints new CEO & other stories

Perfect Daily Grind

points at 2023 Best of Ka‘ū competition. Six US beverage equipment manufacturers merge to form Lotus Beverage Alliance. Anaerobic natural Red Bourbon coffee receives top score of 87.23 National Federation of Colombian Coffee Growers receives 750 lots in eighth Land of Diversity competition.

2023 134
article thumbnail

The Ultimate Guide To Restaurant Profit Margin

The Restaurant Times

As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. Read along!

article thumbnail

The Growing Appetite for Ghost Kitchens Will Influence Restaurant CX

Modern Restaurant Management

Industry reports are predicting that ghost kitchens will create a $1 trillion global market by 2030, rising by 25 percent each year for the next five years—an estimated $300 million in yearly sales – and a likely indication as to why more investors, as well as major QSRs, are rapidly entering the market.

article thumbnail

How AI Will Save the Restaurant Industry

Modern Restaurant Management

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.

article thumbnail

MRM Research Roundup: Mid-October 2020 Edition

Modern Restaurant Management

This edition of MRM Research Roundup features hot fall flavor trends, pandemic dining habits, National Coffee Day winners and what Gen Z audience wants. What Customers Want. People are dning out, according to a study by The Manifest, a B2B research firm. Local small businesses must prepare accordingly as winter months approach. percent and 18.8

2020 218