Modern Restaurant Management
MARCH 15, 2022
The value of the cryptocurrency market almost tripled in 2021 , with digital currencies having the potential to achieve returns higher than the stock market. People use cryptocurrency for quick payments, anonymity, investments or to sidestep transaction fees charged by banks. As payments evolve, consumers adapt and restaurants must meet them there. Why the Crypto Craze?
7 Shifts
MARCH 16, 2022
A restaurant earns its reputation primarily from two things: its food and its service. In order to deliver on both these accounts, it's critical to cultivate an environment where people — customers and staff alike — want to be. That's why it is important to learn how to motivate your restaurant employees. We are most productive and responsive when we are happy, so it makes sense to create an environment that fosters this kind of positive emotion.
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EATER
MARCH 16, 2022
Sophie Park. A storied stretch of Route 1 in Massachusetts was once home to restaurants with over-the-top roadside attractions. Now, only Kowloon, owned by the Wong family, remains, and it’s unclear for how much longer. Every other weekend between 1988 and 1998, I became, as my fourth-grade teacher christened me, Miss Pan Am, jetting between Boston’s Logan Airport and LaGuardia’s Marine Air Terminal.
EHL Insights
MARCH 15, 2022
Would you allow a humanoid robot to greet a paying guest at your hotel? Would the hotel guest prefer the ease and convenience of service robots or the warmth and service of a fellow human being? There is no doubt that AI will create both challenges and opportunities for the industry. This article reviews the trajectory and impact of AI in the hospitality industry.
Speaker: David Worrell, CFO, Author & Speaker
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Modern Restaurant Management
MARCH 16, 2022
For operators in the restaurant industry, facing all too familiar workforce pressures in 2022, greater retention should be this year’s focus. The sector is on the heels of what the Washington Post dubbed “the most unusual job market in American history,” compounded by a newly familiar list of challenges: supply chain woes bearing down on procurement, a broader shift from onsite food consumption to app-based food delivery services, and escalating arms race of compensations and b
The Restaurant Times
MARCH 17, 2022
The pandemic has hit the global restaurant industry significantly. Post-March 2020, the dine-in premises of restaurants shuttered and the customers were compelled to stay at home. The customer preferences have thus experienced a paradigm shift since then. Meanwhile, as brick-and-mortar restaurants lost the scope of making sales, the operators started diversifying their services by introducing online ordering to their operations via cloud kitchens which further drove the growth of online ordering
Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
NCC USA
MARCH 18, 2022
How C-Store Owners Can Optimize Business Operations and Increase Foot Traffic in 2022. The COVID-19 pandemic brought unprecedented challenges to industries across the board, particularly in the food and beverage sectors, including convenience stores (c-stores). From government shutdowns to safety mandates, c-stores have been struggling to keep business running as usual.
Modern Restaurant Management
MARCH 14, 2022
There’s no such thing as a crystal ball when it comes to helping you run a restaurant. As much as we might want a glimpse into the future, restaurant operators have to run with the next best thing – forecasting and reports. With the disruption that has swept across the restaurant industry in the last two years, many operators may feel overwhelmed as they work to bring food and labor costs under control, continue rolling out digital initiatives, and adapt to changing diner preferences
PhocusWire
MARCH 18, 2022
Optimizing the traveler experience isn’t just about getting travelers where they need to go but being empathetic to their unique situations and easing the stress and frustrations associated with travel.
EATER
MARCH 14, 2022
Shutterstock. Hamantashen for Ukraine is the latest international bake-sale relief effort, just in time for Purim Laurel Kratochvila and her team begin the process every year around March. They roll out a thin, buttery egg dough and meticulously cut out as many circular disks as they can muster from it. Carefully, they add a sweet preserve filling to the center: Too much and the cookie will explode and leak out in the oven, not enough and the flavor disappears.
Speaker: Jennifer Hill
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
EHL Insights
MARCH 17, 2022
Professor at EHL Hospitality Business School, Dr Sowon Kim is interested in questions of equality at work and sexual harassment. Her commitment to these issues was born after seeing an exhibition on EHL alumni in executive positions in the industry – all of them men.
Modern Restaurant Management
MARCH 16, 2022
Paris Baguette’s Yvette Castillo dishes on what cake trends to watch for this year. To help us wrap our mind around what cake trends are hot and what are not, we turned to an expert: Yvette Castillo, Senior Research & Development Manager at Paris Baguette. Castillo not only oversees all the exhilarating cake designs for the bakery cafés across the U.S., but also has a long history of cake decorating in her own right.
PhocusWire
MARCH 18, 2022
The industry can continue to at least hope that systems are built in a modular way that allow for easy integration when a software provider is unable to carry out every task that is required.
EATER
MARCH 16, 2022
James Beard Foundation. The full list of nominees Today, the James Beard Foundation announced its slate of finalists for its 2022 awards. This short list of nominees honors the year’s outstanding restaurants and chefs — the first such list since 2020. In addition to the list of Restaurant and Chef Award finalists, the foundation announced chef and TV host Martin Yan as the winner of the Lifetime Achievement Award and Grace Young as the winner of its Humanitarian of the Year Award for her work su
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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.
Lodging Magazine F&B
MARCH 16, 2022
DALLAS—Omni Hotels & Resorts has announced the launch of Omni Junior Chefs, a food and beverage program designed for children’s dining experiences while giving young hotel guests an opportunity to give back and help fight food insecurity. Kids upon check-in will receive an Omni Junior Chefs activities tote bag and special kids’ menus at Omni restaurants, along with the opportunity to donate a meal to those in need.
Modern Restaurant Management
MARCH 17, 2022
With wholesale food prices soaring 13 percent in 2021 and labor costs rising as worker shortages continue, many restaurants are looking for smart ways to lower costs and avoid passing them on to their diners. To mitigate these concerns, restaurants have gotten creative, looking for new cost-cutting measures. One such solution has been shrinking restaurant menus.
PhocusWire
MARCH 18, 2022
Members get access to hotel, airline, private yacht and other offers via an “NFT pass.”.
EATER
MARCH 17, 2022
Bridge across the Naviglio Grande canal in Milan | Ventdusud / Shutterstock. Where to find saffron-infused risotto, prosciutto-stuffed fried pizza, anchovies in salsa verde, and ricotta gelato in Italy’s second largest city Milan may be Italy’s fashion and design capital, but the city known for creative style long played it a bit safe when it comes to food.
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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.
Smart Brief Hospitality
MARCH 15, 2022
The pandemic has changed the way many people work. Though some may be heading back to the office, many are still working remotely at least part-time, offering them a great deal of flexibility about where they work. Vacation rental and hotel automation technology company Operto has identified traveling while working remotely as a top trend, while multiple companies have referred to remote working’s continuation as travel’s “ greatest change-maker “ for this year.
Modern Restaurant Management
MARCH 18, 2022
For several years we have been considering the viability of high touch healthcare concierge programs in the restaurant space. The market leaders in this field are several third party providers, although some carriers are also developing and offering these services. The attraction of the strategy is increased employee perception of the plans while reducing plan costs.
PhocusWire
MARCH 17, 2022
Eurail’s Yi Ding explains the idea behind the company’s new identity and how Eurail is looking to digitally evolve.
EATER
MARCH 16, 2022
New York City’s City Harvest is one of several organizations experiencing rising costs due to high fuel prices. | Lori Cannava/City Harvest. Amid supply chain challenges and rising food costs, fuel price spikes are yet another headache for food banks If you’re like basically everybody else in America right now, you’re feeling a serious pinch at the gas pump.
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.
Smart Brief Hospitality
MARCH 15, 2022
The pandemic has changed the way many people work. Though some may be heading back to the office, many are still working remotely at least part-time, offering them a great deal of flexibility about where they work. Vacation rental and hotel automation technology company Operto has identified traveling while working remotely as a top trend, while multiple companies have referred to remote working’s continuation as travel’s “ greatest change-maker “ for this year.
Modern Restaurant Management
MARCH 16, 2022
The top five St. Patrick’s Day cocktails are a surprising lineup this year, according to our worldwide network of bartenders. This Irish holiday’s flavors may be moving in a new direction. A new up-and-coming cocktail is taking a place on this year's list. Its refreshing flavor is a break from the St. Patrick’s Day classics. Irish Coffee.
PhocusWire
MARCH 17, 2022
Ireland-based P3 has received total funding of €1.1M in the past year.
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.
The Restaurant Times
MARCH 15, 2022
La creciente demanda de comida a domicilio ha llevado a un aumento en la cantidad de formatos de restaurante de solo entrega, es decir, la cocina oculta. Una cocina oculta, también conocida como cocina oscura, cocina fantasma, restaurante virtual, elimina por completo el comedor, lo que reduce el costo de establecer un restaurante. Sin un frente de la casa y sin problemas para encontrar un lugar con mucha afluencia de público, la inversión necesaria para abrir un restaurante se reduce significat
Metasphere
MARCH 13, 2022
Hotel owners are always looking for ways to increase their sales. Now, there are many tactics you can deploy to get more sales. But one that is often overlooked is increasing the revenue from the SMERF segment. You might be wondering, what is SMERF? It is an acronym for Social, Military, Educational, Religious, and Fraternal groups. And there's a love-and-hate relationship between hotels and these groups.
PhocusWire
MARCH 17, 2022
Founded in 2015, Futurestay provides technology and strategies to help independent property managers grow their businesses.
EATER
MARCH 14, 2022
Courtesy of National Geographic. [link].
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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.
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