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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. location debuted in Midtown Atlanta in 2014 and the brand has since opened 11 other locations around metro Atlanta. The first gusto!

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Brady Hotels & Apartments gains game-changing support and success with SiteMinder

SiteMinder

Founded in 2014, the group quickly expanded to the four locations it holds today, which are all in close proximity to transport, entertainment, restaurants and bars. On top of that, it enhances our revenue management through dynamic pricing, optimising room rates based on demand, season, and events,” she continued. “It

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The Stages of Gentrification, as Told by Restaurant Openings

EATER

A key component of gentrification, which distinguishes it from revitalization, is the demographic shift that happens when newer, more expensive development attracts wealthier newcomers, often young professionals, who then price out the community’s original residents. By 2014, a Starbucks arrived.

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360° Approach to Guest Personalization and Revenue Generation

Revenue Hub

Compare hospitality with the airline industry: Between 2014 and 2019, airlines grew their yearly ancillary revenue from $28.5bn to $64.8bn. The widespread adoption of mobile technology can account for much of this shift. Some airlines generated as much as 40% of their overall revenue from ancillary products.

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The Multilevel Truth Behind Small Town America’s Latest Tea Obsession

EATER

By 2014, a prominent Latinx human rights group was lobbying regulators to investigate whether the company targeted immigrant Latinx communities in urban areas, as some consumer complaints and one activist investor allege. A few months later, they realized that they had almost emptied what was once a substantial savings account. “We

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An Eater’s Guide to Bentonville, Arkansas, the Home of Walmart

EATER

Crystal Bridges Museum and the ongoing Walmart expansion can’t account for all the town’s growth (and some skepticism of Walmart’s impact on similar small towns across the nation is warranted), but credit where it’s due: The company has brought big city amenities to Bentonville, making eating in this town an exciting endeavor.

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GBTA: Business travel spending to reach $1.8T by 2027

Hotel Business

New in this year’s BTI are also data and analysis from GBTA’s comprehensive survey of 4,700 business travelers across five global regions, representing insights from employee travelers regarding their business travel preferences, behaviors and spending including what they report as their average price of a business trip now.