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2022: A Year of Transition for Restaurants

Modern Restaurant Management

More than half of restaurant operators said it would be a year or more before businesses conditions return to normal with food, labor, and occupancy costs are expected to remain elevated, and continue to impact restaurant profit margins in 2022, according to the National Restaurant Association's 2022 State of the Restaurant Industry report.

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Hungry for Growth: The Restaurant Industry in 2022

Modern Restaurant Management

Some have even developed lucrative new business models that they will continue to apply and scale in 2022. A survey by RTi Research found that of the 30 percent of consumers who used contactless payment for the first time during the pandemic, 70 percent reported they plan to continue using this technology. Staffing Shortages Continue.

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2022 Reflections: The Year That Was for Restaurants

Modern Restaurant Management

The restaurant industry once again proved its resilience in 2022 as it dealt with ongoing obstacles like inflation, supply chain, labor shortages and more. Restaurant owners will end 2022 with a sigh of relief after another tough year. "Restaurant "Restaurant owners will end 2022 with a sigh of relief after another tough year.

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2025 Restaurant Payment Trends and Predictions

Modern Restaurant Management

The rapid evolution of payment technology over the past decade has had a profound impact on industries worldwide, and the restaurant sector is no exception. 2025 presents a unique opportunity for the restaurant industry to fully embrace payment technologies that have previously remained on the periphery.

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How to Increase Diversity in Your Workforce Through AI Technology

Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.

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Social Marketing: Insights from Meta’s Restaurant Summit

Modern Restaurant Management

A GFK study of over 12,000 adults across 12 countries, found that more shopping journeys that lead to purchases start on Meta technologies than on any other platform 2 , and for restaurants specifically, Meta ads were the second highest contributor to incremental sales after TV 3. The proof is, well, in the pudding. Meta Study, June 2024.

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Three Simple Ways Restaurants Can Embrace IoT in 2022

Modern Restaurant Management

While there is plenty of technology out there to optimize your establishment, one food service trend is becoming a mainstay: Internet of Things. We've highlighted a few key ways you can embrace this growing trend in 2022. But where can you start? Tableside Ordering & Payment. Connected Equipment.

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Going to Market Smarter in the New Economy

Technology will continue to play a part in fostering buyer allegiance and building brands in the “new normal.” In 2022, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses.