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How Restaurants are Maintaining Profit Margins with Rising Food Costs

Horizon Hospitality

The confluence of these economic pressures demands innovative approaches to menu planning, cost control, and supplier negotiations. Here, we explore the impact of these factors on food prices and offer practical strategies to help restaurants navigate this turbulent landscape.

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Struggling with staffing? Learn from the best at the Hospitality Leaders Summit

Hospitality Magazine

The one-day industry event returns to Melbourne on 31 July at Metropolis Events, bringing together 20-plus speakers who will cover recruitment, sustainability, hospitality tech, menu planning, and more. Morning Market, and Meatsmith. Morning Market, and Meatsmith.

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The Tech Revolution Reshaping the Restaurant Experience

Modern Restaurant Management

In a world reshaped by the pandemic, evolving labor markets, and shifts in consumer behaviors, restaurant owners are increasingly turning to technological innovations. In such a growth-driven market, integrating the latest smart kitchen configurations and streamlined service zones can substantially cut down order time.

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MRM Research Roundup: Labor Struggles, Holiday Habits, and Food Truck Trends

Modern Restaurant Management

Expert Market’s survey results also revealed that labor shortages have been cited as a top concern for nearly a quarter (23 percent) of US F&B businesses, top chart. This finding from Expert Market’s 2024 F&B Industry Report sheds light on a clear culinary gap within the industry's workforce.

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What do you study in an online hotel management degree?

Les Roches

From front office operations and housekeeping to food and beverage management, revenue optimization and marketing strategies, hotel managers have to oversee everything that happens in the hotel or resort. Courses explore the principles of menu planning, food preparation, drinks service and restaurant operations.

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COGS: Cost of Goods Sold Considerations for Your Restaurant Business

Synergy Suite

By keeping the COGS percentage in check, restaurants can safeguard their profit margins, ensuring financial stability and sustainable growth in a competitive culinary landscape. Consistent monitoring of COGS trends allows for proactive responses to market changes, ensuring that the delicate balance between cost and revenue remains in harmony.

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How can I learn hotel management?

Les Roches

The role and responsibilities of a hotel manager From overseeing front desk operations and housekeeping to managing food and beverage services, sales and marketing initiatives and financial performance, hotel managers play a key role in driving the success of hospitality establishments.