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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. To tackle this pressing issue effectively, businesses must invest in staff training and development, vital for retaining and upskilling their existing workforce.

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How Kaldi’s Coffee uses 7shifts to schedule and connect with 100+ team members

7 Shifts

Kaldi's has been with 7shifts since our founding year in 2014, one of our earliest adopters of the restaurant scheduling tools. 7shifts also helps Kaldi's categorize hourly team members vs those who are still training. “We We can very easily look at how much labor is being spent on training, that we love,” says Methvin.

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The Best Frozen Pizzas, According to Eater Staff

EATER

At least, that’s how I’ve felt while grocery shopping as inflation shoots the prices of my onetime staples into the stratosphere. Second, Pi00a — a deaf- and CODA (child of deaf adult)-owned brand — has made its workplace 100 percent accessible for the deaf community, and actively recruits, hires, and trains deaf employees.

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Why a Chicago Restaurant Is Taking Their Most Popular Dish Off the Menu

EATER

Pre-pandemic menu price: $15. From the time Parachute opened in 2014, the bing bread was an instant staple and a default starter for tables to share, but the food cost of $5.67 They increased the bing’s price to $20, but despite the $5 jump, Kim and Clark didn’t see dramatically increased profits. Profit: $0.63 (4.2

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Insights from an Alabama Restaurant Operator

Restaurant Engine

Although a small price to pay to keep people safe, it is a hefty cost for businesses with famously thin profit margins. She quickly focused on training her staff to prioritize printed tickets the same as hand-delivered tickets from in-person diners. The Peterson family started Yo’ Mama’s in 2014.

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360° Approach to Guest Personalization and Revenue Generation

Revenue Hub

While travel is surging to pre-pandemic levels, a persistent labor shortage continues to drive up labor costs as employees demand higher wages, increased benefits, and more training and work-life balance. Compare hospitality with the airline industry: Between 2014 and 2019, airlines grew their yearly ancillary revenue from $28.5bn to $64.8bn.

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Hold The Phone! 6 Tips for Converting Hotel Calls to Bookings

Revenue Hub

This 2014 (but still very relevant) article by Doug Kennedy of the Kennedy Training Network offers excellent advice about how to quote pricing effectively, including tips for handling rate objections. If they object to the price, reiterating the value of what’s included (parking, Wi-Fi, breakfast, etc.)

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