Modern Restaurant Management

FEBRUARY 4, 2022

Though many of the market forces that shaped the restaurant industry in 2021 were closely linked to disruption from the pandemic's onset in 2020, 2022 brings new challenges — and opportunities. Lack of urgency in delivery as the driver has limited accountability to the restaurant. Ghost Kitchens.

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Hotelogix

DECEMBER 13, 2024

As they carve out a niche in the heavily competitive market dominated by international hotel chains, their journey stands as a remarkable testament to resilience, adaptability, and the spirit of innovation. With a projected market value of US$ 47.50 Of this, 53% were in tier 3 and 4 cities."

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Modern Restaurant Management

NOVEMBER 17, 2020

In order to push catering for this holiday season, restaurants can provide pricing incentives in order to attract more customers, offer a-la-carte options for holiday meals, and push out more marketing material showing their sanitary precautions when preparing food to ease consumer's worries. Occupancy in urban markets is just 35.6

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Hotel Business

APRIL 12, 2023

International trips will account for a larger portion of the recovery this year: The international share of travel costs for U.S. companies and 4 in 10 European companies say they need to reduce travel per employee by more than 20% to meet their 2030 sustainability targets. “As More than half of travel managers in both the U.S.

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EATER

APRIL 26, 2024

. | Photo courtesy of Tivoli Mushrooms As demand flourishes, managing the waste from the growing process (known as substrate) poses some problems but brings solutions that could ensure a sustainable future for the market This story originally appeared on Civil Eats. The vast majority — 95 percent — of the mushroom production in the U.S.

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Modern Restaurant Management

MARCH 3, 2023

A Return to Normal The National Restaurant Association released its 2023 State of the Restaurant Industry report, which examines key factors impacting the industry including the current state of the economy, operations, workforce, and food and menu trends to forecast sales and market trends for the year ahead. million by 2030.

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Revenue Hub

APRIL 14, 2023

International trips will account for a larger portion of the recovery this year: The international share of travel costs for U.S. companies and 4 in 10 European companies say they need to r educe travel per employee by more than 20% to meet their 2030 sustainability targets. More than half of travel managers in both the U.S.

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Modern Restaurant Management

FEBRUARY 18, 2020

” Their answers touched on a variety of subjects including AI, virtual reality, virtual kitchens, staffing and retention, social media marketing, sustainability and third-party delivery. One great thing about the online delivery market is that it produces massive amounts of data. Marketing efficiency and effectiveness.

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STAAH

MAY 9, 2023

These top Hospitality Trends can help you prepare for your hotel marketing strategy. According to the World Tourism Organization, the tourism industry accounts for 5% of global carbon emissions. If left unchecked, this number is expected to double by 2030. Are you struggling to market your hotel online?

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Revenue Hub

APRIL 2, 2024

In fact, the hotel PMS market size was estimated at USD 7.15 billion by 2030. Legacy systems—even tried-and-true ones—aren’t equipped to stay agile and drive growth in today’s market. At the heart of every great hospitality organization is a great property management system (PMS).

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Revenue Hub

JUNE 11, 2024

A study by PwC predicts that the most significant boosts to GDP from AI will be in China (26% in 2030) and North America (14.5%), totaling a staggering $10.7 trillion and accounting for nearly 70% of the global economic impact. billion by 2026, growing at a CAGR of over 9.7% from 2021 to 2026.

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Modern Restaurant Management

FEBRUARY 10, 2020

New GFI-commissioned data also released today reveals the size of the market opportunity on offer and shows that U.S. 58 of the top 100 restaurant chains are taking advantage of the plant-based market opportunity–even increasing their plant-based offerings from 25 to 50 percent of their menu, like Panera Bread plans to do.

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Boutique Hotel News

OCTOBER 28, 2022

This intense year of development represents a major milestone in Qatar’s goal to welcome six million visitors a year by 2030. All these measures combined are expected to add up to 70,000 rooms to the market. Regis, Rixos, The Outpost, Waldorf Astoria, The Ned, Chedi, Raffles, Rosewood, LXR and DoubleTree by Hilton brands, among others.

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Modern Restaurant Management

DECEMBER 16, 2019

percent year over year according to Black Box Intelligence’s Market Share Report. Restaurants have had to keep up with this growth from a staffing standpoint amid the most difficult labor market in decades. November and December purchases typically account for upwards of 50 percent of annual gift cards sales.

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The Restaurant Times

JANUARY 14, 2022

When ghost kitchens first popped up in the restaurant industry, it appeared to be an innovative solution to many obscure problems, such as a limited job market, rising costs, and increased catering overhead. . And, over time the global market for ghost kitchens is expected to grow from $43.1 Market Your Ghost Kitchen.

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The Restaurant Times

JUNE 6, 2023

According to Grand View Research , the market size of restaurant management software will reach $4.5 The market is projected to experience a 16.3% CAGR from 2023 to 2030. Integration with POS Systems and Accounting Software Restaurant management apps can integrate seamlessly with your POS systems and accounting software.

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7 Shifts

AUGUST 2, 2023

found Gen Z workers are set to triple by 2030 , reaching 51 million. Research the platform's standing in the market and seek out reviews or testimonials from other operators. Pay employee tips with Tip Payouts Build happier teams and save manager time with easy, direct payments to employees’ debit card accounts.

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Hotel Business

FEBRUARY 21, 2023

In 2022, we saw demand return strongly in most of our markets, pushing group RevPAR back close to 2019 levels and fee margin ahead,” said Keith Barr, IHG Hotels & Resorts. Intercontinental Hotels Group (IHG) reported RevPAR for the Americas was up 3.3% for full-year 2022 vs. 2019. YOY Fee margin of 56.2%, +6.6% pts vs. 2021 (+2.1%

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The Restaurant Times

MARCH 6, 2023

It is well known that the hospitality sector has lower profit margins than other market segments. This is because your net profit margin accounts for all restaurant-related costs, not just those related to food preparation and service. trillion in revenue due to food waste by 2030.

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EATER

SEPTEMBER 21, 2023

It’s a bare minimum when globally shipping accounts for a couple of percentage points of emissions.” The company will likely be early in meeting its goal of sourcing 100 percent of its energy from renewable sources by 2030. “Many companies claim carbon neutralization around small pieces of their operation, like carbon-neutral shipping.

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Hotel Owner

MARCH 6, 2025

The group revealed that trading was strongest in the second half overall, while the Dublin portfolio outperformed its wider markets in 2024. to 78.7m (65.9m) due to accounting charges from the refinancing and portfolio growth. In addition, adjusted EBITDA rose 5.1% Despite the rise in adjusted EBITDA, profit after tax fell by 12.7%

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Hotel Owner

MARCH 6, 2025

The company added 180 properties to its EMEA portfolio, expanding into new markets such as Luxembourg, Angola, and Senegal. Growth was driven by conversions, which accounted for 45% of new signings. Under its 2030 Vision, the group aims to expand by 80% to 21,000 rooms through investments and acquisitions.

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Smart Brief Hospitality

MARCH 17, 2025

Audit trails are another aspect because there needs to be a clear level of compliance and accountability for regulations. They say by 2030 it will be available to the vast market and cost-effective, so we have less than five years to figure out a solution. Im also seeing: End-to-end encryption is a big one for remote work.

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