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Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2025. When consumers order more food online, it’s clearly good for business – but it can also make it harder for businesses to manage inventory.
Culinary and Cocktail Trend Forecasts Kimpton is returning with its annual Culinary + Cocktail Trend Forecast highlighting predictions from its global team of restaurant and beverage talent. ” Guests will have the opportunity to experience many of these trends come to life at Kimpton restaurants and bars across the globe.
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According to the 2024 Technomic Breakfast Study , waffles are seeing a surge in popularity beyond breakfast—now appearing in appetizers, snacks and even desserts with operators realizing an economic boost. We know 80 percent of waffles are menued as entrees. How do you define “waffle-omics”?
To learn more about music licensing, misconceptions, playlist trends, and more Modern Restaurant Management (MRM) magazine reached out to Ola Sars , CEO of Soundtrack , a streaming service that brings music to businesses of all kinds, including restaurants. What should restaurant operators know about music licensing?
Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. An issue that may arise from this in 2024 is data privacy. An issue that may arise from this in 2024 is data privacy. Read the first part, here.
If you were to ask people who enjoy the finer things in life about the hallmarks of a luxury hotel, you would likely get responses that include quality, consistency, and service. It’s true: food is the ultimate reflection of the cultural zeitgeist. It’s true: food is the ultimate reflection of the cultural zeitgeist.
” 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.
In this edition of MRM Research Roundup, we feature pizza predictions, Valentine's Day menu trends and lots about loyalty. 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).
Will 2024 be a comeback year for restaurants? Despite challenges including inventory costs, commission fees and staff turnover, many restaurant owners are expressing optimism about moving forward, according to TouchBistro’s 2024 State of Restaurants Report. full service restaurants surveyed plan to introduce catering services.
Tastes and preferences constantly change as trends come and go, keeping the restaurant industry on its toes. The NCR Voyix 2024 Digital Commerce Index revealed nearly half (48 percent) of consumers dine out less than they used to because inflation is top of the menu. They also want convenience and frictionless digital experiences.
The foodservice industry is forecast to reach $1 trillion in sales this year. We’re seeing younger buyers investing in dining experiences that blend food, convenience, and atmosphere with their values as shoppers. The modern restaurant industry has always moved fast, but the pace continues to accelerate.
The year 2024 promises a journey of adaptation and fierce competition for the restaurant industry as it manages stronger-than-expected economic data and slowing inflation while dealing with the headwinds of short labor supply, more demanding customers and an uncertain political environment. The key lesson both establishments teach?
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of Drinksgiving and Thanksgiving trends, FSR challenges, and "out-of-the-box" dining habits. The annual report surveys 600 independent full-service restaurant (FSR) owners and operators from across the U.S.,
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A Return to Normal The National Restaurant Association released its 2023 State of the Restaurant Industry report, which examines key factors impacting the industry including the current state of the economy, operations, workforce, and food and menu trends to forecast sales and market trends for the year ahead.
Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. We will rely heavily on the travel industry in 2024 to continue bringing us customers from local cities like Philadelphia, DC, Baltimore, New York, NJ, etc.
This finding from Expert Market’s 2024 F&B Industry Report sheds light on a clear culinary gap within the industry's workforce. Expert Market’s survey results also revealed that labor shortages have been cited as a top concern for nearly a quarter (23 percent) of US F&B businesses, top chart.
The Atlanta-based company is hoping that more modern food and restaurants will help its brands break through with younger consumers. That means you can now get boba at Perkins. By Joe Guszkowski on Jun. 11, 2025 Facebook Twitter LinkedIn Huddle House will add drive-thrus as it moves into more urban and suburban markets. |
Good Food Restaurant Scorecard. Despite skyrocketing demand for plant-based food across the U.S., 42 of the country’s favorite fast food and restaurant chains still don’t offer a plant-based entrée, according to a report released today by The Good Food Institute (GFI). This data covers U.S.
Incorporating foodservicetrends brings in returning customers to see what’s new. One way to stay ahead of the competition and move your restaurant forward from year to year is to stay on top of trends. In this article, we take a broad look at foodservicetrends to know in 2024.
While many of these changes occurred because of COVID-19, most industry experts expect these restaurant industry trends to stay long after the pandemic is over. We compiled over 20 recent restaurant industry statistics that every restaurateur and restaurant operator should know in 2021. Constant Contact ). Constant Contact ).
The former Oklahoma Sooners quarterback (and ‘03 Rose Bowl MVP) found himself back home in Georgia, longing for the kind of food he was looking for: a healthy, fast, and affordable option. “I Now, in 2024, gusto! But everything they do is in service of a culture of growth for their team. Together, they set out to expand gusto!
As of 2024, they make around $26.42 From managing staff to overseeing customer service and financials, they play a crucial role in ensuring the restaurant's daily operations run smoothly. On the front-of-house side, they focus on customer service, solving problems quickly to keep guests happy and returning.
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One of the main reasons is to cut losses due to financial challenges, with 52% of restaurant owners saying high operating and food costs are really cutting into their profits. Take note that the actual multiple can vary significantly based on factors like location, industry trends, and the specific buyer's criteria.
By Emma Carter, Contributor The 2024 National Restaurant Association report shows that sales are up and restaurants are hiring. However, labor and food costs have gone up and consumers have become more value-conscious. As a Mac user, knowing how to recover Excel file such as an unsaved Excel file or lost Excel file is important.
In 2020, the number of establishments in the food and beverage industry was estimated to be 23.1 After analyzing the latest industry trends, viral content, and successful campaigns, we have developed an all-in-one marketing guide to help you craft your strategy to attract new customers and keep your previous diners coming back.
The Perfect Plate – 2025 Q1 Every month, we’ll provide updates on the latest trends in the restaurant industry. This is leading to very different strategies across the board, and the winners are the ones who know exactly which guest they’re building for. We’ll include financial insights, charts, and public market comps.
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Increased demand for food delivery had already boosted the growth of ghost kitchens, and the COVID-19 pandemic has escalated both the popularity and profitability of the model. Ghost kitchens cut the cost of real estate and labor by reducing the restaurant model to accommodate off-premise food sales. What is a ghost kitchen?
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If you work in the foodservice industry, the National Restaurant Association Show is the place to be. The 2024 National Restaurant Association Show is at McCormick Place , 2301 S. King Drive, Chicago, IL 60616 , Saturday, May 18, 2024 – Tuesday, May 21, 2024. We'll help you do that.
million in April, and the accommodations and foodservices sector accounted for the largest increases. With fewer workers on the market, service businesses of all kinds are competing for a smaller talent pool. The cost of restaurant and service industry labor in 2021 is accelerating rapidly. Unemployment benefits.
million in April, and the accommodations and foodservices sector accounted for the largest increases. With fewer workers on the market, service businesses of all kinds are competing for a smaller talent pool. The cost of restaurant and service industry labor in 2021 is accelerating rapidly. Unemployment benefits.
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Monthly Out of the Box Insights Restaurant Industry in Review: Trends from July 2024 -2.3% Monthly Out of the Box Insights Restaurant Industry in Review: Trends from July 2024 -2.3% However, the trends from July reveal valuable insights that can help restaurant operators navigate the remainder of 2024.
This trend has held on in the last five years. The focus now is finding the minimum necessary seating capacity while maximizing kitchen efficiency and service throughput. No matter how much technology evolves, or trends shift, people will always come back for quality food, great value, and friendly service.
2023 has been a challenging year for restaurant operators, caught as they were between rising food costs and labour shortages. 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.
*Originally Published in the Aaron Allen & Associates Newsletter on 04/08/2024 It’s been making the news lately that many C-suite positions in leading restaurant chains are changing hands. Some are playing to the strength of the “full service” business model (with training and new SOPs) and innovating with technology in the right places.
Delivery/Takeout : COVID created a shift from in-person dining to takeout and delivery options, increasing reliance on third party delivery services, and on attractive takeout options. From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Workforce : COVID fundamentally changed the labor market.
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