article thumbnail

Agave prices fall as demand stabilises

Hospitality Magazine

As agave prices in Mexico continue to fall and demand for premium-and-above tequila moderates in the United States, alcohol market analysts IWSR says brand owners have an opportunity to improve product quality at lower price points.

Pricing 130
article thumbnail

Rising Gas Prices Could Force Food Banks to Scale Back Their Critically Important Work

EATER

New York City’s City Harvest is one of several organizations experiencing rising costs due to high fuel prices. Amid supply chain challenges and rising food costs, fuel price spikes are yet another headache for food banks If you’re like basically everybody else in America right now, you’re feeling a serious pinch at the gas pump.

Pricing 102
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Boost Your Revenues With The Right Menu Pricing Strategies

The Restaurant Times

You need to carefully price your restaurant menu to make it to the top and earn as much as possible. While it’s understandable that you want to make a profit, being overly aggressive with your menu pricing can drive the customer away. It is about the right balance when applying your pricing strategies. .

Pricing 59
article thumbnail

Top Three Reasons Why Multi-Unit Operators Should be Looking at Fast Casual Brands to Expand their Portfolio in the Restaurant Industry

Modern Restaurant Management

That doesn’t mean they are trading in their filet mignon for a fast-food burger, but rather they are looking for a more culinary-driven menu at a lower price point. This trend is what’s driving the growth of Modern Market Eatery, which was founded in 2009 on the principle that fast food can still be nutritious and flavorful.

article thumbnail

The Godparents of the Filipino Food Movement Say Goodbye

EATER

Amy Besa and Romy Dorotan are closing their beloved Filipino restaurant Purple Yam, which helped shape the modern Filipino food scene On August 30, Amy Besa and Romy Dorotan will — for the last time — serve food at Purple Yam , the Filipino restaurant in Brooklyn that they opened in 2009.

Book 131
article thumbnail

Apple Hospitality REIT acquires Las Vegas SpringHill Suites

Hotel Business

The attractive purchase price is just under a 10.7x The hotel opened in October 2009 and is located adjacent to the newly expanded Las Vegas Convention Center. A Motto by Hilton to be developed in downtown Nashville for an anticipated total purchase price of approximately $96.7 multiple on the trailing 12-month hotel EBITDA.

Pricing 64
article thumbnail

Why Starbucks Doesn’t Hit Like It Used To

EATER

And if I do want the consistency of a corporate giant, I have more options there, too — Dunkin’ has expanded its footprint in my region in recent years, as have Dutch Bros and 7Brew, the latter two of which offer a more extensive menu of flavors at a similar price.

Pricing 127