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We are witnessing the evolution of finedining. Nowadays, vegan food is becoming normal in restaurants and fast food joints. Bn at an impressive 22 percent CAGR in 2022. Bn at an impressive 22 percent CAGR in 2022. Plant-based eating was previously limited to some selected restaurants and casual cafes.
2025 Dining Trends Embracing Newstalgia Chefs and mixologists will lean into ‘newstalgia’ by adding playful twists on classic dishes. Fast Food Flavor Report Fast food brands and restaurants are scratching their heads trying to figure out what flavors are a bonafide trend and which are just a fleeting fad.
Restaurant operators once again find themselves refocusing priorities and altering their plans for 2022. Here are some trends NCR is watching as move into 2022. Quick-service restaurants are also feeling the pressure – large chains like Chick-fil-A and McDonald’s have had to close dining rooms due to insufficient staffing.
In 2022, there were about 631,000 restaurants in the United States. With those stats in mind, Causeway Solutions conducted consumer research* on today’s dining trends compared to our research over the past few years. When asked if they were dining out tonight: 30 percent said they would choose a chain restaurant.
He opened the buzzy 15-seat Brooklyn restaurant, one of Eater’s Best New Restaurants of 2022 , after winning the city over with a dinner series called Iya Eba in the late summer of 2020. “I Teranga’s more casual format — and that it took three years to open in the U.S.
B Corp Restaurants As of early 2024, almost 150 restaurants around the world have achieved the certification, from fine-dining independents to fast-casual chains, with hotels, breweries and food delivery companies also dotting the list. Once that is submitted you are subject to a thorough review.
Chefs are expressing optimism and anticipate a return to “normal,” according to the 2022 James Beard Foundation Fall Industry Survey. Patience and grace go a long way right now, when dining out. . Rising labor costs, the inability to find staff to hire, and rising non-food costs (utilities, containers, furniture, etc.)
Reports show that 81 percent of finedining establishments, 78 percent of family restaurants, and 77 percent of fast-casual spots added curbside pickup, pivoting away from dine-in services after March 2020. On top of that, nearly half of all restaurants offered delivery services during the pandemic.
." Pandemic Pivots Become Permanent The temporary "pivots" developed during the pandemic — expanded delivery services, outdoor dining options, to-go alcohol offerings, and investments in technology — are the foundation of the industry's "new normal." million by 2030.
Whether it's the utilization of AI-driven analytics to elevate menu design or the precision of robotics transforming kitchen operations, a new era in dining is taking shape. This requires a modular design approach, from adaptable kitchens to multifunctional dining spaces.
A recent Toast survey found that one in three restaurants had a difficult time hiring in 2022, so restaurants need to bring their “A game” to show all employees appreciation for the fantastic effort they gave between Thanksgiving and New Year’s Day. Do show gratitude in a personal way. Make them feel special.
“In 2025, restaurants are walking the fine line between automation and hospitality,” said Ming-Tai Huh, Head of Food & Beverage at Square. The data shows a remarkable 61 percent of singles are willing to dine out for a first date on February 14th, while 51 percent of all diners are considering double dates.
| John Greim/LightRocket via Getty Images Once shunned by millennials, “uncool” chains are gearing up for a comeback For years, millennials were blamed for the death of the casual chain restaurant. Applebee’s saw massive sales growth in 2021 and 2022. Meanwhile, growth in finedining has been much more meager.
By Kateryna Reshetilo, Contributor Are you a restaurant owner looking for ways to keep up with the fast-changing demands of your customers? billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 10.3% Have you noticed how food delivery apps are becoming essential in attracting and retaining diners?
But what does getting the hot table mean in 2022? As the Wall Street Journal recently reported , Resy saw its busiest month ever this April, Tock has experienced record-breaking traffic, and OpenTable reported fewer walk-ins at restaurants in 2022 than in 2019. She says, “I think that’s super fun for me. It’s like a bit of a game.”.
From converting to fastcasual to offering meal kits to ghost kitchen-driven expansion, restaurants are meeting customers where they are (mostly at-home!), Fastcasual is king With dining rooms effectively shut down early last year (many of them still limited), restaurants had to rethink how they would be serving hungry diners.
The new restaurants — as well as upgrades to existing locations — will adapt the company’s new, modern, and inviting “Fresh Forward” design and meet the needs of today’s consumer with comfortable guest indoor dining spaces as well as numerous delivery and order ahead options, with a strong digital first strategy.
And I’m not alone: According to the personal finance app Rocket Money, in 2022 the average US consumer was juggling around 6.7 Chang’s Platinum Rewards program launched in October of 2022, and though Perez declined to share specific numbers, he says the program has been successful so far, especially in terms of the data P.F.
The main takeaway: It’s led to higher prices and lower foot traffic at many of the state’s dining establishments. With customers seemingly viewing dining out a luxury, restaurants that can differentiate themselves in terms of quality and value will have a competitive advantage.” percent, as noted), Burger King (-3.86
In 2022, 9 million tourists visited Thailand’s largest island (down from 15 million in 2018) in search of white-sand beaches, clear waters, and palm trees. In the last decade, tourist-oriented restaurants, cheesy cafes, and fast food have moved into the town’s Chinese Portuguese shophouses. A busy dim sum restaurant in Phuket Town.
From the rise of AI to the increasing popularity of experiential dining, businesses are adapting creatively to meet new consumer demands. Full year reporting on insolvency in July (comparing financial year 2023-24 to 2022-23) indicated a 42% surge in insolvencies on the previous year – up to 1576.
According to Vacasa’s 2022 Spring Travel Trend’s survey, one thing is clear: everyone needs a break this spring. The percentage breakdown of sales from travelers in a typical year pre-COVID-19 was as follows: Family dining – 31%. Casualdining – 32%. Finedining – 41%. Fastcasual – 25%.
from August 2022. in June and July (a sliver of a silver lining) – this is the seventh month in a row (since March 2022) that same-store traffic growth numbers have been negative. With the exception of FineDining, all restaurant segments experienced negative same-store traffic growth during Q3 2022.
These changes go into effect in October for the launch of the 2022 call for entry period. SpotOn is quickly becoming a part of everyday life for consumers across the country whenever they shop, dine, or visit a stadium or a college campus.” " The core benefits of the Tattle integration include: ?
Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022. Overall, “large parties,” or a party with eight or more guests, had a +2 percent increase in same-store transactions in Q4 2023 compared to Q4 2022. emerges, top tech investment for 2024.
However, in 2022, this number might have just increased a bit more since 2011. Americans from the ages of 25 – 40 have opted out of making their own Thanksgiving dinner and prefer that they dine out with friends or family this year. In fact, in 2011, 30 million Americans were expected to eat out on Thanksgiving. Shorten hours.
The majority of fast-casual and finedining operators are meeting this challenge head-on by adding new offerings monthly,* driving increased competition with bar-and-grill operators. GFCO companies will have until 2022 to completely adopt the new mark on packaging. " The TWO HENS monthly license fee is $249.
Comp Traffic Best Region: New England Best Segment: Family Dining Best Cuisine: Breakfast Worst Region: NY-NJ Worst Segment: FastCasual Worst Cuisine: Sandwich The December 2024 Restaurant Industry Trends + A Year in Review 2024 saw many ups and downs. DECEMBER: BY THE NUMBERS (Y-O-Y) -0.3% Comp Sales -3.2% higher Y-o-Y sales).
Restaurant Sales Growth Rebounds – Posting Best Month Since March 2022 . How did the restaurant industry perform in August 2022? percentage points over July 2022’s growth rate. The segment with the largest growth was Fine-Dining, followed by Upscale Casual, and then CasualDining. .
year over year matched last month’s, with both tied for strongest performance since March of 2022, when the industry was still lapping over weaker results due to Covid. The best performing segment based on 3-year sales growth for the fourth month in a row was quick service, followed by finedining. in October, a 0.4
Same-store traffic experienced negative YoY growth for the five-month period ending in July 2022. July’s top performing segments based on sales growth were Family Dining and FastCasual. The industry’s worst performing segments – those posting negative YoY same-store sales growth – were CasualDining and FineDining.
Brands, Mount Franklin Foods, US Foods, Melt Shop, FoodMaven, Nathan's Famous, Island's Fine Burgers & Drinks, Checkers & Rally’s, Lineage Logistics and Minnow. The transaction marks the addition of the first fast-casual concept to Yum! National Restaurant Association Show Canceled. Brands, Inc.
Once the very high menu price increases start abating, as is expected, it will be increasingly harder to post strong positive same-store sales growth as was the case for most of 2022. The only segment that was able to post positive 3-year same-store traffic growth during November was FineDining.
The average profit margin in the restaurant industry is 5% , according to a National Restaurant Association report in 2022. Quick-service restaurants—like cafes, fast food, and fastcasual—are estimated to have decent profit margins with lower food and labor costs. More on that below.
But unfortunately, this strong upswing was completely predictable and explained by the industry lapping over the worst month of the Omicron swell in January of 2022, when the number of Covid cases reached numbers not ever seen before or after that month. As a result of these easy comparisons, same-store sales jumped to +14.2%
Year-over-year guest counts have now been in a three-month decline (since March 2022), impacting sales and traffic. For the first time in over a year, segment frontrunner FineDining experienced its biggest drop in sales growth for the month of June. Upscale Casual also saw a steep decline compared to May 2022.
According to the National Restaurant Association’s recently published State of the Restaurant Industry, the percentage breakdown of operators who plan on investing in back-of-the-house technology in 2022 are as follows: Family dining – 30%. Casualdining – 28%. Finedining – 28%. Fastcasual – 26%.
Data through the week ending May 15, 2022. Two weeks into May, the segments with the largest average check growth year over year were family dining, casualdining and fastcasual. However, fastcasual and finedining are experiencing a slowdown in their check growth compared to April.
Data through the week ending June 12, 2022. Highest Performers include: Fine-Dining, FastCasual, and Upscale Casual (based on sales growth). Lowest Performers include: Quick-Service and CasualDining (based on sales growth). CasualDining is a newcomer to the low performer category.
from August 2022. in June and July (a sliver of a silver lining) – this is the seventh month in a row (since March 2022) that same-store traffic growth numbers have been negative. With the exception of FineDining, all restaurant segments experienced negative same-store traffic growth during Q3 2022.
Comp Traffic Best Region: California Best Segment: FineDining Best Cuisine: Chicken Worst Region: NY-NJ Worst Segment: Family Dining Worst Cuisine: Sandwich August marked a potentially pivotal moment for the restaurant industry. In addition, FastCasual, and Upscale Casual were also successful.
It has tested the strongest of families at the best of times, and is pertinent to my family right now, yet had previously acquired very little of my attention: Conquering the challenges of ‘Family Dining’ It’s amazing how your perceptions shift and expectations towards food and hospitality are moderated once you have children.
The rise of off-premise dining. Off-premise dining certainly accelerated during the pandemic. Dining room closures or capacity restrictions drove restaurants to increase their sales through off-premise channels. Is off-premise dining here to stay? Many guests are eager to dine in restaurants again.
Restaurant Sales Growth Rebounds – Posting Best Month Since March 2022 All growth numbers are year over year unless specified. How did the restaurant industry perform in August 2022? percentage points over July 2022’s growth rate. Q2 2022 net sentiment for off-premise dining was negative across all segments.
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