2021 Pricing Service Management 
Modern Restaurant Management
AUGUST 16, 2021
Consumer spending at restaurants was up +32 percent in the April-May-June 2021 quarter compared to the same quarter last year, and for a pre-pandemic view, flat compared to the same quarter in 2019. As of June 2021, food service and drinking places employed 11.3 million as of June 2021, 97 percent of the 151.1
Modern Restaurant Management
MARCH 1, 2022
QSR 2021 Performance. Revenue Management Solutions released its analysis of US quick-service restaurant (QSR) performance for 2021. To accurately assess the underlying trends of restaurant performance, RMS compared 2021 sales and traffic to pre-pandemic 2019 data. Compare that to average net price, which was up 7.5
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Hotel Business
FEBRUARY 16, 2023
Highlights include: Global RevPAR grew 15% compared to fourth-quarter 2021 in constant currency, a 300-basis point improvement sequentially, representing 116% of 2019 levels; full-year global RevPAR grew 20% year-over-year in constant currency. per diluted share, in fourth-quarter 2021. and 46% internationally.
Modern Restaurant Management
MAY 1, 2020
The concept had a few caveats: consumers want the menu has to be the same as dine-in (not just a few menu items), food prices can't just be marked up to offset the costs, and they wouldn't want high order minimums. We also expect budget-constrained consumers will want lower price-point options." Third-Party Delivery Impact.
Modern Restaurant Management
MARCH 11, 2020
US Foods will finance the acquisition primarily with $700 million in fully committed financing from Citigroup and Bank of America and will fund the balance of the purchase price through its existing liquidity resources. by the end of fiscal 2021. reducing to approximately 3.0x
Lithos POS
JANUARY 27, 2022
They have a lot of responsibilities for the business in terms of management. Everything from managing the business to increasing sales comes under management. Restaurant Manager Duties. Many factors that can cause restaurant management to go unnoticed or overlooked can lead to a restaurant’s defeat.
Modern Restaurant Management
MAY 27, 2020
ParTech and Revolution will not charge subscription software fees until 2021. Ryan Volberg, ParTech’s Senior Vice President and General Manager of Brink commented, “Our goal for this most recent release is to firmly establish Brink as a leader in table service, particularly in the enterprise and multi-location segments. .”
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