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Today’s diners expect more than just good food—they seek environments that captivate, connect and surprise. Mintel’s 2024 Global Consumer Trend ‘Relationship Renaissance’ revealed that coming out of the pandemic, consumers expressed an eagerness to seek connection with purpose.
.” According to a 2024 global survey by Lightspeed, 45 percent of consumers are taking part in solo sit-down meals, and a further 34 percent categorize the experience as a form of self care – citing the peace and quiet of the meal and the opportunity to partake in people-watching as top priorities to get out of the experience.
“Through expansive experiences that inspire our guests paired with the ambiance of the space and the food on the plate, we’re setting new standards for the industry and creating truly spectacular moments for all who enter our restaurants and bars.” Move over “swicy.” Gen Z looves a sweet treat.
A Dilemma of “Super Size” Proportions Amid rising food prices and shifting consumer preferences, the restaurant industry is facing a dilemma of “super size” proportions. AI and Guest Trust SOCi’s 2025 Consumer Behavior Index (CBI) sends a clear warning to restaurant CMOs and digital marketing leaders.
Opening and owning a bar is one of those unique life experiences; you have no idea what it will be like until you actually go for it. In this guide, we're covering everything you need to know about owning a bar to prepare as well as you can for the big opening day. How Do I Run a Profitable Bar?
However, getting more guests in seats through outdoor dining can also come at a cost, both in time and money. Add high tops to vary up seating. Put weatherproof seat cushions on chairs to make them more comfortable for guests. Patios can be quite lucrative. Plants. A handheld POS can help.
This shift in consumer behavior underscores the need for restaurants to cater to this growing customer demographic. For this, flexible seating arrangements are the key – from cozy booths to communal tables and counter seating, offering options that cater to individual preferences ensures that solo diners feel comfortable and valued.
A tarp, tent, or other quickly erected structure is a good remedy for now, but not a long-term solution. In the future, restaurants will need outdoor dining spaces that satisfy consumers’ changing needs for safer in-restaurant dining experiences while maintaining their comfort. Bar Louie, Indianapolis.
In essence, this shift should lead restaurants to embrace the idea of maintaining a truly “intelligent” smart kitchen, one that will be tech-equipped to continue evolving with consumer demands. Restaurants will always be popular for date nights, and restaurants with bars will always attract the thirsty.
Consumer Interest in Restaurants is Shifting Quickly. Yelp’s diners seated data shows significantly more people are dining-in at restaurants. During the peak of the pandemic, the number of diners seated across Yelp Reservations and Waitlist dropped essentially to zero. Diners are Ready, but Concerned.
As brands place emphasis on creating a meaningful guest experience, robotics companies offering tools such as tech-enabled order taking or serving, should stop calling themselves ‘robotics’ as it will likely steer some operators, consumers and investors away. In addition there is also a poolside bar.
More than 9,500 consumers were polled for the study , which ranks the brands on three factors –consumers’ satisfaction levels with their most recent visit, their likelihood to return to the brand soon, and their trust in the brand. Since COVID, the dynamics of consumer decision making have changed.
Paul Wahlberg is Chef/Co-Owner of Wahlburgers, a casual dining restaurant and bar founded by the chef and his brothers Mark and Donnie. Good solid restaurants that have been around for years may not survive. A lot of good talented people are being affected by this and are losing their jobs. Kyle Collins. Chef Paul Wahlberg.
Additionally, consumers continue to favor delivery transactions, which are up by 383 percent since 2020. In recent years, consumer behaviors have drastically changed to now preferring delivery services and an increased willingness to pay a premium for a seamless experience. billion in 2024 and is anticipated to rise at a CAGR of 3.74
Some ingredients with a starring role in 2020 to swap in for a healthier choice: Meat Swap : Jackfruit: this comes off the jackfruit tree and is a very hearty tree and easy to grow making it good for the planet. The Greater Good, Sustainability and Local Sourcing. It is also full of nutrients and fiber. Mental wellness.
Bars and nightclubs were hit the hardest—an 89% drop in sales. Breweries and Taprooms were close to pre-pandemic levels by the end of summer—dude to to-go cans and outdoor seating. As it turns out, the healthy juice business is a good one to be in during a pandemic. They didn't dip as much and recovered quicker.
Seated Acquires VenueBook. Seated acquired digital event booking platform VenueBook. With Seated Events, Seated at Home, and Seated, restaurants can drive demand to their three primary sources of revenue in a single, easy to use rewards platform.” and the surrounding region. . and the surrounding region. .”
Running a bar is a lucrative business, proven by the fact that this industry is estimated to be valued at a whopping $36 billion in 2024. While this could be a rewarding venture, opening a bar is not exactly the same as opening a food business. How profitable is a bar?
100 percent of states have bars and restaurants open indoors completely (with no capacity restrictions in place). ” How are Consumers Feeling? Vericast released proprietary data from its Valassis line of business, providing a snapshot into how American consumers are feeling and behaving as COVID-19 restrictions ease.
Despite the challenges posed by rising living costs and shifting consumer spending patterns, the food and hospitality sector continues to adapt to meet the needs and wants of consumers in Australia. From the rise of AI to the increasing popularity of experiential dining, businesses are adapting creatively to meet new consumer demands.
However, in big cities with high property prices, good ones can be hard to find, never mind pay. Indeed, 76 percent of consumers would consider ordering by app, if they could, including up to 92 percent of young families. Our report has shown that if there is one thing consumers don’t like, it’s waiting.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features consumers' dining desires, the power of personalization and the untapped opportunity in localized marketing. COVID-19 Consumer Dining Trends. Mixed take-out bag. Restaurants vs. delivery services. Supporting local.
Addition of a new exemption from the loan forgiveness reduction for borrowers who have made a good-faith, written offer to rehire workers that was declined. Creating clear and consistent communications with employees and customers to boost efficiency, morale and consumer sentiment.
Tablets are everywhere in restaurants these days, and with good reason. Its going to get dropped, splashed with sauce, and maybe knocked off the bar by a customers pursethats just part of the deal. Their sleek design and intuitive user interface make them a natural fit for a modern restaurants day-to-day operations.
With restaurants clawing back and facing new challenges like vaccine credentials and new COVID variants, it’s a good time to check on an equally important, if less prioritized corner of the American dining and drinking sector – restaurant insurance. There is some good news for the restaurant industry.
With so many amazing new dining and entertainment experiences emerging around the world, it feels good to be a part of that revolution and to bring something unique back to San Diego.” Hunter aims to set the bar for floating day clubs at a time when business and trend forecasters have projected strong potential within the new category.
Vera’s Backyard Bar-B-Que (2404 Southmost Blvd, Brownsville, TX; Owner: Armando Vera). “Fresh-made baked goods are an essential and growing part of any foodservice operation, but we recognize they can also be a challenge,” said Kelley Walhof, assistant brand experience manager for General Mills Foodservice.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features foot traffic trends, the rise of the cautious consumer and the takeout shakeout. Consumer demand is strong in states that have started reopening to dine-in. Restaurant Sales Velocity. New York: sales velocity is +13 percent from May 9 to May 16.
“Consumers can now enjoy TYGA BITES at home through our partnership with Grubhub, offering contact-free delivery for everyone’s added comfort and peace of mind.” Consumers based in Los Angeles, New York, Boston, San Francisco, Phoenix, Chicago, Philadelphia, Denver, Las Vegas, Houston, Washington D.C.,
The alternative is not a good one (losing money and putting your business at risk). Restaurateurs are achieving sizable savings by streamlining and simplifying their menus – cutting items that are low performers, time-consuming to prepare or rely on difficult-to-source ingredients.
Yet at the same time, every marketer blasted out email updates “we’re in this together” filling consumer’s inboxes, rendering email virtually ineffective and driving down open rates from the pre-pandemic abysmal 20 percent. We live in a digital age, where consumers want to do everything online.
The bar where you always feel welcome after a long day's work. trying to put new people in seats, a customer retention strategy seeks to spend time bringing existing customers back. To make sure you are successful, give them a good reason to. Sometimes you want to go where everybody knows your name. You have to earn it!
When successful, they keep a restaurant in the black - but they require time, dedication, and a good bit of math to get right. Here's how to arrive at a good number for your projection: Look at past data. This number should include in-house seats filled, takeout customers, and delivery customers. Seasonal Success.
In this edition of MRM News Bites, we feature the Takeout For Good Effort on June 2 and a host of products designed to help restaurants keep guests and staff safer as they reopen. Takeout For Good. GroupRaise is inviting restaurants across the country to join their Takeout For Good initiative happening on June 2.
My partner and I decided to grab a drink and a bite at a local wine bar, assuming we could order at the sidewalk window and then take the food to one of the high-tops set up in the street. Suddenly, we were enjoying burrata and prosciutto plated by someone else and consumed by us. These days, that’s a shamable offense.
The new restaurants — as well as upgrades to existing locations — will adapt the company’s new, modern, and inviting “Fresh Forward” design and meet the needs of today’s consumer with comfortable guest indoor dining spaces as well as numerous delivery and order ahead options, with a strong digital first strategy.
In this edition of MRM News Bites, we feature real-time data on consumer behavior and the move to #cutoutcutlery. With real-time data into consumer behavior data, the solution offers immediate, location-specific food and beverage insights into an industry that is changing faster than ever before. SpotOn Secures $60M Funding.
Coffee Bars. There are three main coffee bars at the Roastery, which in total offer seven brewing methods, including espresso, pour over, coffee press, siphon, Chemex®, Clover® and cold brewing. Arriviamo™ Cocktail Bar. Unique Food and Beverage Experiences. Local Collaborations.
Cheers to 2023: Overall, restaurant and bar guests drank approximately +11 percent more alcohol in Q4 2023 compared to the average for Q1 through Q3 2023. Caught me on a good day…On average, guests tend to be the stingiest when tipping on Sundays and the most generous on Thursdays. Total tips averaged 18.9
“One of the major benefits of our cantina and dog park layout is that it can be modified to fit a piece of land that may not be a good tract for other types of real estate,” said Michelle Boggs, managing partner of MUTTS Canine Cantina. MUTTS is working with franchise development group Fransmart to expand nationwide.
From cups to straws, all of Ono’s consumables are compostable, making Ono more sustainable compared to traditional smoothie establishments. Consumers want amazing food that is as good, if not better than, dishes centered around meat. The Good Food Institute). Total sales of plant-based foods now exceed $3.7
From 2023, consumer spending has been steadily increasing and is set to continue into 2025. Fast-Casual Fast Growth Rising prices in recent years have evidently been good for someone: Fast-casual restaurants. Key findings include: Adoption : Consumers are open to AI in QSR, with 26 percent comfortable using AI bots for ordering.
." Digital sales at Noodles & Company grew 110 percent in Q1 2021, accounting for 62 percent of sales, and the launch of this ghost kitchen further supports guests' changing behaviors even as consumers return to dining in-restaurant. Grab-and-go salads and wraps, freshly baked goods and more. ” Local Matters.
Over the years there have been winemakers looking to change this and establish more immersive experiences that would attract consumers as much as industry folks. Pinot Noir-dominant, the Côte des Bar, which is close to the medieval city of Troyes (and very close to Burgundy), is gaining attention for its experimental grower champagnes.
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