Sat.Apr 30, 2022 - Fri.May 06, 2022

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How Restaurants Can Drive Profits and Growth During a Perfect Storm

Modern Restaurant Management

Soaring prices, continued supply chain disruptions, and ongoing staffing shortages are creating a perfect storm for restaurants. Food and labor costs are elevated and expected to remain high in 2022 , negatively impacting restaurants’ profit margins. Additionally, supply chain disruptions remain a huge problem, with 96 percent of restaurant operators saying they experienced supply delays or shortages last year.

Training 218
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How to Be Food Famous

EATER

Champagne wishes, caviar dreams, and a really good ring light The paths to becoming food famous used to be fairly limited: First, you needed to cook really well, or at least know what good cooking was and have a particularly fine way with words. You could get there by creating an amazing cookbook , or writing a New Yorker essay that would inspire a memoir , which in turn would spawn a genre-defining travel series.

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Swiss tourism amid dueling crises: A look behind the numbers

EHL Insights

During the Covid crisis, many hospitality players suffered, some weathered the storm and a few even thrived. As the pandemic finally recedes and another threat surges to the forefront, we take a look back at how hospitality has been reshaped by recent events in Switzerland. Two specialists from the EHL Hospitality Business School delve into the statistics before and during Covid, and draw some surprising conclusions.

Events 59
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ALERTS: New deals, products, partnerships and hires in digital travel

PhocusWire

The backbone of the travel, tourism and hospitality industry is powered by technology and digital services. Here we capture new deals and partnerships, product launches and important hires all in one place.

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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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Three Ways Restaurants Can Win at Food Delivery

Modern Restaurant Management

Offering the right type of discount will help operators win more loyal customers. The food and grocery delivery space is booming – and it shows no signs of slowing down. Even as the pandemic shifts into endemic territory and people don’t fear being in public as much, there are certain conveniences we have all learned to love, including having food delivered.

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More Trending

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NRN editors discuss Kelli Valade’s new job, Starbucks’ unions, and the week in restaurant earnings

Nation's Restaurant News

Plus hear from Austin Capoferi of Beef-a-Roo on what it’s like to franchise a 50-year-old brand

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Amadeus pockets highest revenue quarter in two years

PhocusWire

The Spain-based distribution and technology giant is still suffering from the impact of the coronavirus, with the quarter's revenue pegging at 65% of the same metric in Q1 2019.

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Vegan Confectionery Is Making its Way from the Margins to the Mainstream

Modern Restaurant Management

Veganism is the new trend that is sweeping the world. Animal welfare and food processing concerns are making consumers explore environmentally-friendly food alternatives, prompting a rise in vegan food demand. Vegan trends are not only limited to raw ingredients, but they are also spreading to other domains of foods and beverages, such as confectioneries.

Marketing 196
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Beyond the Ivy: What Makes a Celebrity Hot Spot

EATER

The reason celebrities like Justin Bieber and Kim Kardashian all flock to the same restaurants. In a 2008 blog , gossip monger Perez Hilton described Jennifer Aniston as she attempted to get lunch at the Ivy in Beverly Hills, writing, “If you’re a celeb, you usually hit the Ivy on Robertson Boulevard to get the paparazzi to take your pic, right? Everyone knows that it’s not the place for a celeb to go low pro.

Blog 111
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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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The ALICE Customer Success Managers Helping with Hotel Optimization

Alice Platform

So you’ve decided to invest in operations software ….That’s great news! We couldn’t be more excited for you to optimize your hotel. You’re looking for software that is user-friendly, integrates with your existing systems, and supports your team. But how do you know that the software you choose will have a team working for you and rooting for your success?

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Listening to travel brands, a deafening silence on sustainability

PhocusWire

Much needs to change in the minds of executives in this industry and in the banking community, alongside the decisions being made by consumers. Simply providing information to influence consumer choice is no longer enough.

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Attributes to Consider for a New Ghost Kitchen Location

Modern Restaurant Management

The unprecedented rise of food delivery has ushered in an appetizing trend for profit-hungry restaurateurs: the ghost kitchen. Untethered by the need for brick-and-mortar eatery space, ghost kitchens are helping food brands gain traction with consumers interested in buying meals without the expectation or need for a traditional “dining out” experience.

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The 27 Essential Louisville Restaurants

EATER

Proof on Main. Where to find Kentucky Stack Cake, bourbon bone marrow luges, sticky apricot tofu, chocolate cigars, and mole-covered fries in Derby City Louisville is home to more than baseball bats, bourbon, and the fastest two minutes in sports. Set on the Ohio River on the border with Indiana, Derby City is the largest city in the Commonwealth of Kentucky, with the robust cultural scene to go along with that status, especially when it comes to good food.

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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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How to Find the Right Vendor for Hotel Menu Ordering Systems? [Complete Guide 2022]

Metasphere

We are in the middle of a shift from printed traditional menus to hotel menu ordering systems. These systems became so popular that they have even become the "lifeline" for many establishments to reduce human interaction during the pandemic. Although many thought it was a fad that would go away after the pandemic. The ordering platforms have proven to be a sustainable investment, as they , increase guests' likelihood to order in-room service and improve the average tab.

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Conversion rates up, abandoned carts down as travel recovers

PhocusWire

Terms such as "revenge travel" and "pent-up demand" are being thrown about as the travel industry recovers. Research from Quantum Metric builds out a picture of what's going on.

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What Are Crytpo Restaurants Serving Up?

Modern Restaurant Management

Cryptocurrency has real-world applications in the food industry, with restaurants using it to create new and exciting foods for their customers and find ways to use crypto as payments. While high stock prices of crypto companies like Bitcoin grab headlines, they are gaining traction with consumers since blockchain technology helps make transactions easier without needing an intermediary such as a bank or credit card company.

Pricing 189
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Why Celebs Risk It All Eating Spicy Wings on the ‘Hot Ones’ Talk Show

EATER

For stars like Kevin Hart, Idris Elba, and Lorde, eating spicy wings is the key to relatability. According to Kevin Hart, “your clothes are a clear virsitation of who you are.” That’s the closest I could translate from his interview on First We Feast’s Hot Ones in 2016, after host Sean Evans asks him how he approaches fashion in his comedy shows. By this point, Hart has just eaten his ninth chicken wing, this one coated in Mad Dog 357 hot sauce, which clocks in at about 357,000 Scoville units.

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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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Flexible Payment Solutions and Dining Experience

NCC USA

A growing number of restaurant patrons have turned to online ordering as their most frequent and preferred dining experience. This trend was gaining traction before 2020, but the pandemic accelerated its adoption, as customers appreciated the convenience as well as the safety of reduced interpersonal contact. Business research and advisory firm Frost & Sullivan predict that the online food delivery market will reach $200 billion by 2025 (up from their estimate of $82 billion in 2018).

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Despegar to acquire Brazilian OTA Viajanet

PhocusWire

This marks the third acquisition of a Brazil-based company for Despegar, which operates as Decolar in the Brazil market.

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Improving the Dining Experience for Your Guests

Modern Restaurant Management

Over the past few years, the pandemic has caused an uproar and massive changes to the dining experience as we knew it in 2019. With the pandemic coming to an end, people are finally starting to get back to the “regular” dining experience at sit-down restaurants. However, the dining experience isn’t the same as it used to be, and your restaurant may have experienced a hit over the course of the pandemic.

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The Latest Restaurant Ingredient Shortage: Rice Paper

EATER

Shutterstock. The shortage plaguing Vietnamese restaurants is just one among many, but it’s an example of the constant challenges being thrown at already-strapped small business owners Saigon Hustle, a Vietnamese drive-thru restaurant in Houston , has been having trouble making spring rolls and vermicelli bowls, two big pillars of its menu, basically since it opened in February.

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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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How to Use Instagram for Restaurant Marketing

Lithos POS

There will be 4.41 billion social network users in 2025. can you imagine that half of the worldwide population uses social networks? we can use these networks for business opportunities. from large organizations to local businesses that are using these platforms. Let’s take restaurants as an example, using social media for restaurants helps to build a brand, trust, sales, and also customer loyalty. “86% of Millennials will try a new restaurant after seeing food-related content online

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Arrivalist signs $2M debt financing investment round

PhocusWire

The non-dilutive debt financing program is the fifth round of support that the U.S.-based company has received to-date from Lighter Capital.

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The Mother’s Day Boost

Modern Restaurant Management

It’s expected to be a happy Mother’s Day for restaurants this year as nearly half of Americans plan to dine out or order food from local restaurants, according to new research from the National Restaurant Association. Additionally, the latest data from CGA ’s BeverageTrak solution reveals that daily trends in the US On Premise have been relatively stable over the last two to three weeks, but that the channel should expect an uplift in velocity in the coming weeks with events su

Events 166
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I’m a Food TikTok Star. Here’s What I Wish My Followers Knew.

EATER

Nasim Lahbichi on the realities of giving your full self over to your followers. Brooklyn native Nasim Lahbichi always enjoyed sharing his recipes with friends on Instagram, but it wasn’t until the COVID-19 pandemic began in the spring of 2020 that he thought to turn it into a career. Newly graduated from Manhattan’s Fashion Institute of Technology and with no job prospects in sight, Lahbichi started posting his cooking content to TikTok — because why not?

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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.