Sat.Jul 02, 2022 - Fri.Jul 08, 2022

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The Effects of Inflation on Restaurants and How to Combat Decreased Demand

Modern Restaurant Management

While 2021 was the year of the comeback for restaurants, 2022 is proving to be a very different story. Record-high inflation is hitting consumers from every angle – gas, groceries, rent – and restaurants tend to be the first place they cut spending. Restaurant traffic, while recovering and up nine percent in 2021 compared to 2020, is still 4 percent below pre-pandemic levels, with smaller chains and independent restaurants down by nine percent, according to a study by The NPD Group.

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Activists Crash Brett Kavanaugh’s Dinner at a D.C. Morton’s

EATER

[link].

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How hospitality students see their future in the industry

EHL Insights

Survey insights that explore how the hospitality industry is currently offering both opportunities and drawbacks in the eyes of today's young hospitality students. If the post-Covid labor shortage is to pick up, all key stakeholders must collaborate closely to refresh areas ranging from curriculums to working hours.

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Influencer Marketing vs Traditional Marketing: Pros and Cons [Guide]

Social Hospitality

Marketing nowadays takes many forms and happens on various platforms. You could do it the old-fashioned way – TV commercials, billboards ads, etc. Or try a new approach like collaborating with influencers to help you promote your business. Which is best for your business? Let’s look at both types of marketing and examine their strong and weak points.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Account for ‘The Invisible Guest’ Phenomenon

Modern Restaurant Management

Smart Ways to Integrate the Delivery App Experience into Your Food Service Model. When a food historian someday drafts a history of how the restaurant industry survived the pandemic, food delivery apps will arise as one of the heroes of that story. After all, delivery apps and take-away service were the true lifelines of lockdown. They accounted for more than 80 percent of all restaurant transactions during those days.

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How to choose a business structure for a new restaurant

OpenTable

Deciding how to structure a business can be overwhelming and confusing. Getting an attorney involved is the best way to help sort through the pros and cons of each structure, as there is no one way that works best. The business structure choose will affect the following aspects of a restaurant: The amount of taxes you will pay. The extent to which you and your partners/investors are held personally responsible for debt incurred by your restaurant (liability).

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NRN editors discuss Amazon’s stake in Grubhub, Subway’s biggest menu overhaul ever

Nation's Restaurant News

Plus hear from Friendly’s chief experience officer Roberto DeAngelis on the chain’s new menu offerings

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Big Crowds, Not Enough Staff

Modern Restaurant Management

It has been an incredible couple of years. COVID shut down the hospitality industry from March of 2020 to mid-2021. Gradually, states let operations resume, but no matter where you are, we are all now in the same boat: no staff! In my last article I discussed how robots will transform our industry in a big way, but that is a few years off. We must develop some strategies to deal with today’s reality of lack of staff.

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Why Can’t the Biggest Name in Fried Chicken Break Through in Los Angeles?

EATER

Wonho Frank Lee. [link].

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Food & Beverage Industry Report 2024

Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.

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My Method. How MacDonald Hotels reaped revenue from chatbot integration

PhocusWire

MacDonald Hotels integration of HiJiffy saw an 80% customer satisfaction rating and a boost in bookings.

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10 Solutions to Challenges the Hotel Industry faces in 2022

Xotels

In 2022, there are many challenges faced by the hotel industry, which may quickly feel overwhelming to address. However, as a hotel management company , we have seen that with the right approach, tech stack, and process streamlining, hotels can drive their success in 2022 and beyond. Article summary: Experience & Personalization. Hiring the Right Employees.

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Pros and Cons of Open Kitchens in Restaurant Industry

Modern Restaurant Management

The open kitchen concept has become one of the biggest trends in the restaurant industry. When people walk into a restaurant, food transparency is what matters the most. An open kitchen makes the understanding of the whole food production process really simple. However, it is still a matter of discussion whether an open kitchen is good from an operational standpoint or not.

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My Restaurant Couldn’t Survive Customers’ ‘Normal’ Dining Expectations

EATER

Joules Garcia /Eater. Diners need to understand that things will never be as they were before the pandemic In the final six weeks of our pandemic-born restaurant, customers formed a line out the door and booked out dinner reservations weeks ahead. Regulars brought flowers and letters asking if we would reconsider closing. In truth, my husband and I struggled around the decision for months.

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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

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Better spaces, better tech drive experiential hospitality

PhocusWire

Brands that provide tech-enabled services in spaces designed to meet the new needs of customers will drive loyalty and growth into the future.

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EHL's Master in Hospitality Management: Insights into the program

EHL Insights

Dr Stefan Güldenberg, Academic Director of the recently-launched MiHM program , shines the spotlight on the distinguishing features of this new EHL master's degree and how it's the product of external industry changes and EHL's knowledge generation mindset. With a special focus on sustainability and innovation, the Master in Hospitality Management aims to promote agile, purpose-driven leaders to manage the complexities of the changing hospitality business landscape.

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Introducing New Items For Hotels

Omland Hospitality

Omland Hospitality Products is a Canadian wholesale hotel supplier for businesses across the country, providing items from Mattresses and bath amenities, to housekeeping and kitchen supplies. As the industry recovers from the impact of COVID-19, there is an expected 15.1% growth in the hospitality market in 2022 alone. That being said, this is the optimal time for you to bolster your professional vision and enhance your guests’ stay.

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Houston Is America’s Modern Fried Chicken Capital

EATER

[link].

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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VIDEO: Go City and Withlocals on trends and challenges for activities and attractions

PhocusWire

The two companies agree staffing is one of the biggest challenges facing both attractions and experience providers.

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 Designing Curated Experiences – a Conversation with Vanshika Wadhwa of Fio Restaurants  

The Restaurant Times

Vanshika Wadhwa is a young restaurant entrepreneur and a force behind the upcoming brand – Fio Pop. A design enthusiast by heart, Vanshika has jumped into the family business to take the legacy forward. . In Conversation with Vanshika Wadhwa, Co-founder, and Partner at Fio Restaurants. In this exclusive interview with The Restaurant Times, Vanshika Wadhwa, Co-founder, and Partner, of Fio Restaurants, takes us through her journey as a restaurant entrepreneur, business challenges, and her ta

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The 38 Essential Madrid Restaurants

EATER

Casa Salvador. From Madrileño stew at a 183-year-old restaurant featured in a C. Tangana music video to foraged cocktails at mad scientist’s sustainable booze lab, here’s where to eat in Madrid A cultural hub with world-class museums, historic architecture, and gorgeous churches, Madrid simply has it all, including some of the most exciting and varied food in the country.

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My Favorite Fried Chicken Is Made for Eating on the Go 

EATER

Taiwanese fried chicken, also known as yan su ji. | Wonho Frank Lee/Eater. An after-school snack that tastes like teenage freedom This post originally appeared on July 2, 2022, in Stephanie Wu’s newsletter, “From the Editor,” a roundup of the most vital news and stories in the food world. Read the archives and subscribe now. The place where I fell in love with fried chicken doesn’t exist anymore.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Stone Barns Claims It’s Fixing Agriculture. Former Employees Say the Farm Was Plagued by Dysfunction.

EATER

Eighteen former workers at the Stone Barns Center for Food & Agriculture allege dysfunction in the livestock program at America’s most famous regenerative farm “This isn’t a joke,” police told the Daily Voice , a hyperlocal news site in Westchester County, New York, on August 30, 2018. “We really are helping the restaurant and farm staff try to capture the cow.

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Social Media’s Coolest Bakers Are Going All in on Fruity, Floral Dome Cakes

EATER

Kassie Mendieta/I Bake Mistakes. Whimsical yet organic, these rounded confections are a treat to behold A cake from the Chicago-based baker Dream Cake Test Kitchen looks like something out of a Dr. Seuss landscape: Flowers poke out like Truffula trees, and halved fruit protrudes like glowing orbs. “I like to create environments that you think you saw, but you’re not sure where,” says Hyun Jung Jun, an artist who has made cakes under the Dream Cake name since 2020.

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Popeyes Biscuits Are the Perfect Party Food

EATER

Biscuits are the perfect middle ground between “snack” and “meal.” | Popeyes. Showing up to a party with a 24-pack of Popeyes biscuits is an unimpeachable move This post originally appeared in an edition of The Move , a place for Eater’s editors to reveal their recommendations and pro dining tips — sometimes thoughtful, sometimes weird, but always someone’s go-to move.

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Climate Chaos Finds Its Way Into the Bakery

EATER

Shutterstock. [link].

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Business Automation in Hospitality: A New World

Dive into the transformative potential of business automation within the hospitality sector. This comprehensive overview showcases how innovative technologies can streamline operations, reduce costs, and elevate guest satisfaction. Discover the advantages of integrating systems like automated check-ins, CRM, and energy management to not only save on expenses but also to provide a seamless and personalized guest experience.