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However, the uncertainty and desperate regulatory environments at the state and national level present seemingly relentless headwinds. Numerous shifts in both consumer behavior and the labor market have already left a lasting impact on restaurateurs. For leaders in the restaurant and hospitality industry, now is the time to adapt.
Construction Pipeline Trend Report released by Lodging Econometrics (LE) , LE analysts report that as a group, year-over-year the hotel construction pipeline has grown in the top 25 markets in the U.S. Dallas has 25 projects/3,739 rooms, while Phoenix has 24 projects/5,155 rooms projects presently under construction. The top five U.S.
Construction Pipeline Trend Report from Lodging Econometrics (LE), the top five markets with the largest hotel construction pipelines by projects at Q3 2023 are led by Dallas with an all-time high of 189 projects/21,840 rooms, followed by Atlanta with 140 projects/17,775 rooms and Nashville with 122 projects/16,046 rooms.
The shortage of workers is putting upward pressure on wages and other labor costs, as some operators are offering signing bonuses and extra benefits to be more competitive in a tight job market. QSR MarketingForecast. “Plant-based is no longer just a niche player in the foodservice market. percent, compared with 3.1
At the same time, brands can fortify their position within these optimistic marketforecasts by prioritizing flexibility. Economic Headwinds These bullish forecasts may seem at odds with economic downturns across other markets. Are there specific segments that could be better maximized?
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