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MRM Research Roundup: QSR Update and What Feeds Us

Modern Restaurant Management

Instead, we believe that quick-service restaurant customers have permanently changed their behaviors — visiting less frequently than pre-pandemic yet spending more per visit.” Compare that to average net price, which was up 7.5 percent, and it’s clear that net sales performance was sustained by average check growth.

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Wyndham reports strong Q4 and ’22 results

Hotel Business

Wyndham Hotels & Resorts reported strong results for the fourth quarter and end of the year for 2022, including a 12% year-over-year pipeline increase. “We are incredibly proud of our team’s ability to close out 2022 with RevPAR and adjusted EBITDA results that exceeded our outlook,” said Geoffrey A.

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Wyndham grows global RevPAR by 12% in Q1

Hotel Business

For the first quarter ended March 31, Wyndham Hotels & Resorts reported global RevPAR grew 12% compared to first-quarter 2022, with U.S. ” Q1 highlights Global RevPAR grew 12% compared to first-quarter 2022 in constant currency. RevPAR grew 4% compared to first-quarter 2022. per diluted share, in first-quarter 2022.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

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. GFCO companies will have until 2022 to completely adopt the new mark on packaging. reducing to approximately 3.0x

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Why restaurants fail: Make sure you do not make these 38 mistakes

Lithos POS

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.

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Wyndham reports 7% global RevPAR growth in Q2

Hotel Business

Wyndham Hotels & Resorts , for the second quarter ended June 30, reported global RevPAR grew 7% compared to second-quarter 2022 in constant currency, reflecting a 1% decline in the U.S. per diluted share, in second-quarter 2022. Adjusted EBITDA was $158 million compared to $175 million in second-quarter 2022.