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Dining Trends for 2024

Modern Restaurant Management

Experiential dining, plant-based menus and sustainability were hot topics in the Les Dames d’Escoffier International (LDEI) 2023 Trends Report. The discussion included food, beverage, nutrition, lifestyle and unique aspects of boutique and high volume foodservice.

2024 189
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Need to Reach New Customers? Step Outside the Box

Modern Restaurant Management

Who among us hasn’t ordered food through a convenient mobile application, with menu choices ranging from not just quick-serve or fast-casual restaurants, but convenience stores as well? The company is catering to changing customer needs and preferences and positioning itself as socially responsible and sustainable.

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2022: A Year of Transition for Restaurants

Modern Restaurant Management

Additonally, ninety-six percent of operators experienced supply delays or shortages of key food or beverage items in 2021 – and these challenges will likely continue in 2022. Streamlined Menus with More Plant-Based Options and Sustainable Packaging. There will continue to be ample opportunities for growth in 2022 and beyond."

2022 207
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The Complete Guide to Increase Your Restaurant Profit Margins

Lavu

This low profit margin can be attributed to the high overhead costs associated with running a restaurant, including rent, labor, food and beverage costs, and utilities, often account for a major chunk of your expenses, making it challenging to increase your restaurant profit margin. Their profit margins are around 6.5

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2024 Outlook: Restaurant Trends and Challenges, Part Two

Modern Restaurant Management

. – Peter Kellis, Founder and CEO of TRAY As consumers continue to prioritize convenience, we believe the expectations that restaurants offer an accessible and seamless experience will continue to rise, particularly in the fast-casual category. 2024 will be a year of value and beverage innovation.

2024 132
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MRM Research Roundup: End-of-May 2021 Edition

Modern Restaurant Management

In addition to the emergence of indoor dining, it explores rising competition between fast food and fast casual restaurant brands with COVID restrictions loosening. “The data strongly signals long wait times are a vulnerability for fast food restaurants as they compete for customers. . Fast food reigns supreme.

2021 189
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Hungry for Growth: The Restaurant Industry in 2022

Modern Restaurant Management

Food and beverage sales in the restaurant and foodservice industry are projected to total $789 billion in 2021, up 19.7 As seen first with many fast casual chains, we expect more differentiated benefits packages to continue to emerge as a way for restaurants to fill much needed open positions. Staffing Shortages Continue.

2022 203