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COVID-19 has indelibly changed every aspect of our lives. Its influence has created challenges, restructured social settings, and redefined meanings of common words and phrases. The terms "organic" and "clean," for example, have a new, heightened relevance with consumers in a post-COVID-19 environment with their hyper-focus on strengthening immune systems and preparing bodies for any potential interaction with the virus.
Building an equitable restaurant — where all workers are paid fairly, have benefits, and work without discrimination — will require undoing the way most restaurants are run. The only ethical restaurant I have ever heard of is on Star Trek: Deep Space Nine. I have never watched the show, but my partner has excitedly explained this particular vision of utopia to me at least three times.
Your customers are using Instagram every day. And, with more than one billion active users, you’ll find this platform is an ace at creating engagement with your target audience. In fact, did you know that Instagram user engagement with brands is 84 times higher on Instagram than Twitter? Instagram is also keeping up with its […]. The post 15 Restaurant Instagram Post Ideas To Grow Sales appeared first on Restaurant Den.
Given the COVID-19 pandemic, restaurants around the globe have been forced to shut down entirely to prevent the spread of the virus. As restrictions are now easing in many regions, operators are slowly beginning to reopen their dine-in restaurants. However, customers are still wary of venturing out, and restaurants can no longer rely on word of mouth or offline mediums to keep their businesses top of mind.
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.
Hospitality operators are rapidly turning to contactless ordering and payment solutions to help navigate the long road back to normal from COVID-19’s impacts. While it’s a smart innovation that some say is long overdue, the reality is operators are responding to customer demand. According to a recent study by Mastercard , “79 percent of respondents worldwide say they are now using contactless payments, citing safety and cleanliness as key drivers.” In fact, Mastercard est
The pandemic has decimated the restaurant industry as we know it, exposing its fault lines and inequities…. Editorial lead: Erin DeJesus. Creative director: Brittany Holloway-Brown. Development: Vince Dixon. Editor: Matt Buchanan. Contributors: Kathryn Campo Bowen, Monica Burton, Brenna Houck, Nick Mancall-Bitel, Rebecca Flint Marx, Meghan McCarron, Jaya Saxena, Elazar Sontag, Lesley Suter, Jenny G.
Every week we’re rounding up some of our favorite articles with trends and tidbits from the world of restaurants. Tell us: what made your reading list this week? Behind the Cancellation of James Beard Awards, Worries About Chefs’ Behavior and No Black Winners – The New York Times. Reporter Pete Wells investigated the Beard Foundation’s decision to skip the 2020 awards announcement, finding that worries about a lack of diversity, some chefs’ offensive behavior, and “toxic”
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Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
Every week we’re rounding up some of our favorite articles with trends and tidbits from the world of restaurants. Tell us: what made your reading list this week? Behind the Cancellation of James Beard Awards, Worries About Chefs’ Behavior and No Black Winners – The New York Times. Reporter Pete Wells investigated the Beard Foundation’s decision to skip the 2020 awards announcement, finding that worries about a lack of diversity, some chefs’ offensive behavior, and “toxic”
Pricing menu items for your restaurant business is one of the most challenging yet essential tasks. There are multiple ways of pricing the restaurant menu correctly. You can either find out the cost of your food and supplies and charge your customers three times its value. Or, serve meals at lower prices than your competitors. You can also work around your margins and quote a price that covers the essential cost.
While the pandemic has greatly affected many businesses, In June, KaTom Restaurant Supply had the single greatest month in company history. How were they able to accomplish that? There are a few reasons. First, the Kodak, Tennessee-based company found a supplier and both bottled and sold hand sanitizer — and gave back to the community by donating 100 gallons to local first responders.
Restaurants cannot continue if the workers who run them are left the most vulnerable, “The Ethnic Restaurateur” author Krishnendu Ray argues When it comes to the intersection of food, dining, and society, there are few better scholars than Krishnendu Ray , an associate professor and chair of the department of food studies at New York University. Ray’s seminal book The Ethnic Restaurateur , published in 2016, reveals the changing tastes of the American diner, as seen through the cuisines they eat
Tata Group’s subsidiary and South Asia’s largest hospitality company Indian Hotels Company Ltd (IHCL) has announced a luxury hotel in Shiroda, Maharashtra. The post Tata’s IHCL to open luxury hotel in Indian state of Maharashtra appeared first on Hotel Management Network.
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.
In the highly competitive Saudi restaurant space, despite providing excellent food and service, one cannot merely rely on word-of-mouth to gain massive popularity. As the competition among restaurants is exceptionally stiff, they need to do the right marketing to succeed. While offline marketing strategies are necessary for restaurants, it is digital marketing strategies that have become the need of the hour.
Outdoor dining is still top of mind as owners want to keep employees and customers safe and have questions about maintaining outdoor spaces in inclement weather. Modern Restaurant Management (MRM) magazine reached out to Rick Camac, dean of restaurant and hospitality management, at Institute of Culinary Education, for his expert advice. Tips for dealing with inclement weather: Try to tent your area and not rely solely on umbrellas, which are not useful and potentially dangerous in wind and heavy
Global upscale brand of hotels Hilton Garden Inn is expanding its presence with the opening of a new hotel in Apopka, Florida, US. The post Hilton Garden Inn opens new hotel in Apopka, Florida appeared first on Hotel Management Network.
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.
For many people, starting their own boutique hotel or luxury bed and breakfast is like a dream. Most are drawn by the charm of hospitality and see it as a chance to start a new beginning. But opening a hotel business , just like any new company, is more difficult than it might seem at first sight. Particularly if you have never worked in the international hotel industry, you will be faced with many things you might have not considered or imagined before.
Unequivocally, restaurateurs and entrepreneurs in the food industry have been among the hardest hit, economically speaking, by the COVID-19 pandemic. The normalcy of customers coming in the doors for a night of dining or even a casual lunch feels like a vision of the distant past. To make matters worse, reopening timelines, guidelines, and regulations at the federal, state, and local levels have felt like a moving target in most parts of the country since March.
Hyatt Hotels’ affiliate has entered into a management agreement with Mani Brothers Real Estate Group to rebrand the 75-room Travaasa Hāna into Hāna-Maui Resort, under the Destination Hotels brand. The post Hyatt affiliate signs management agreement to rebrand Travaasa Hāna in Hawaii appeared first on Hotel Management Network.
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.
All restaurateurs in Saudi Arabia must calculate their food costs and make appropriate changes in the menu pricing to optimize the overall costs and decrease wastage. However, calculating the food cost isn’t an easy task. Often, most restaurant owners are unaware of how to use the correct food cost formula. In this article, we will explain the importance of food cost formula and how restaurants in Saudi Arabia can calculate food costs using the correct method. .
This edition of MRM's "Ask the Expert” features advice from Buyers Edge Platform on the topic of menu engineering. Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. This is the question a lot of people are asking right now, especially as we collectively navigate the consistent changes to our business models, supply chains and personal lives.
Al Bustan Palace, a Ritz-Carlton Hotel, in Muscat, Oman, has reopened with staycation offers for guests and their families. The post Al Bustan Palace in Muscat reopens with staycation packages appeared first on Hotel Management Network.
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.
Offering a remarkable customer service constitutes one of the critical success factors of running a restaurant business in a growing market like Saudi Arabia. According to statistics, the foodservice sector in Saudi Arabia, which was valued at USD 29.83 billion in 2017, is expected to record a Compound Annual Growth Rate (CAGR) of 5.9% through 2018- 2023.
To further emphasize creativity in the kitchen, Ocean Prime encouraged its associates to compose a seasonal pairing menu through an immersive leadership development program. The collection of 16 restaurants, part of Cameron Mitchell Restaurants, selected dining room managers and sous chefs from each Ocean Prime location to participate the experience that involved a research trip to the California wine country, menu development and education, a trip to the company’s Columbus headquarters to
Uncle P’s. Plus, McDonald’s is hit with another lawsuit, and more news to start your day Portions of the profits will go to assisting Black children and the elderly. As brands like Aunt Jemima and Uncle Ben’s have come under fire for using racist stereotypes to sell their products, rapper Master P has decided to enter the pancake and rice market to offer an alternative.
Luxury hotels and resorts operator Sun International is planning to slash 3,300 jobs in South Africa and Chile as part of its restructuring plan to withstand Covid-19 headwinds. The post Sun International eyes 3,300 job cuts to navigate through Covid-19 crisis appeared first on Hotel Management Network.
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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This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features a Restaurant Reckoning, what customers expect from delivery and a wine awakening. Restaurant Reckoning: Dynamic Diner' SevenRooms released its “Restaurant Reckoning: Dynamic Diner” report, which uncovered new diner personas to help operators understand what motivates guests to dine out in this new era of hospitality.
23 chefs, activists, restaurant owners, documentarians, and workers look into their crystal balls to envision: What would a utopian restaurant industry look like in five years? The realities of the COVID-19 pandemic — which has devastated the restaurant industry and irreparably altered the lives of everyone who works in it — has forced a painful, impossibly forward-looking conversation to the front of people’s minds: How will the restaurant industry rebuild?
US-based hotel owner-operator MCR has acquired cloud-based hotel property management system (PMS) and contactless solutions provider StayNTouch. The post US hotel operator MCR buys hospitality software firm StayNTouch appeared first on Hotel Management Network.
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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