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2025 Restaurant Outlook: A Recipe for Success with Risk Management

Modern Restaurant Management

In 2025, the restaurant and broader hospitality industry finds itself at a critical juncture. While corporate travel is expected to pick up, helping offset a predicted slowdown in leisure spending, the broader hospitality sector must grapple with economic and operational risks. restaurants broke records with projected sales of $1.1

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The Increasing Threat of Fake IDs Around Independence Day

Modern Restaurant Management

celebrates Independence Day, but alongside the fireworks and festivities, the hospitality industry faces a growing threat: a sharp increase in fake ID usage. With the right combination of technology and training, hospitality operators can protect themselves while also remaining compliant, even on one of the busiest nights of the year.

License 419
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2021 Restaurant Insurance Outlook

Modern Restaurant Management

restaurant industry has a loaded plate as 2021 picks up steam – especially from an insurance and financial protection point of view. “The prospects for fine dining and sit-down restaurants are going to remain strained for all of 2021,” said Doug Groves, founder at Program Insurance Group, in College Station, Tex.

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How Business Insurance Could Save Your Restaurant from COVID-19

Modern Restaurant Management

Some of our Washington and Oregon hospitality clients shut down early, while others waited for a government order; some shut down entirely, while some have tried to stay afloat by moving to to-go and delivery only. Business interruption insurance covers the loss of income that a business suffers after a disaster. Document Everything.

Insurance 542
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How Restaurants Can Plan For The Next Hospitality Crisis

Modern Restaurant Management

The hospitality industry, in general, and restaurants in particular, face many different types of risk. What Risks Does The Hospitality Sector Face? For example, the COVID-19 pandemic hit the hospitality industry by surprise. Insurance coverage is an excellent resource to have as part of your risk response strategy.

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Lessons from the Pandemic and the Road Forward for Hospitality

Modern Restaurant Management

At the time, this industry was trying to discern what the right ‘next’ move was to mitigate the long-term effects of a shuttered hospitality industry. The biggest challenge the hospitality industry faced was the need to pivot their business model without having any preparation or guidance on how to do so. The Road Forward.

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The Importance of Staying Up-to-Date on Liquor Laws and Insurance Coverage 

Modern Restaurant Management

The climate of the hospitality industry is forever changing. Based on completely unpredictable occurrences such as the COVID pandemic and societal realities such as violence at bars and restaurants, hospitality establishment owners have a lot to consider when it comes to their coverage.

Insurance 450