Remove 2030 Remove Pricing Remove Recruiting Remove Tip Distribution
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MRM Research Roundup: Super Bowl and Valentine’s Day 2024 Edition

Modern Restaurant Management

Other highlights include: Check Size Up, Tips Down: Guests are willing to treat themselves to menu items like steaks, caviar, truffles and tasting menus, resulting in an average 14 percent increase in their bill. However, when it comes to tipping, it seems Cupid missed the memo, and there's a 1.5 percent dip in overall gratuities.

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State of the Industry and More Restaurant Research

Modern Restaurant Management

Key findings illustrating the industry's economic conditions include: Growth will continue : The foodservice industry is forecast to reach $997 billion in sales in 2023, driven in part by higher menu prices. million by 2030. The average Valentine’s Day dinner with food, drinks, and tip cost diners $121 in 2023.

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