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State of the Industry and More Restaurant Research

Modern Restaurant Management

In a State of the Restaurant industry report, the Natiional Restaurant Association sees a return to normal with predicted sales growth in 2023. Other top research lists how impactful the Super Bowl was for restaurants, the state of gift cards and top pizza cities. million by the end of 2023.

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COVID-19 Restaurant Industry Trends

The Restaurant Group

million employees (as of 2019), both of which have been especially hard hit by the necessary restrictions. According to Euromonitor , ghost, or “virtual”, kitchens could be a $1 trillion business by 2030. These challenges have been especially taxing on the restaurant industry and its more than 13.5 Rise of Ghost Kitchens.

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Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” Elo’s Sonal Apte, vice president of retail and hospitality. Guests will demand a personalized journey when food is delivered to their door.

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The Ultimate Guide To Restaurant Profit Margin

The Restaurant Times

As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. Read along!

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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

Restaurant sales in the US grew from $842.3 billion by 2030. billion by 2030. 2023 has been a challenging year for restaurant operators, caught as they were between rising food costs and labour shortages. At first glance, some stats might seem to contradict each other. Let’s dig in. In the previous year, it was 17%.

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Cloud Kitchen Management Software: 17 Systems For Delivery Kitchens That Improve Efficiency And Profitability 

Apicbase

By 2030, it is estimated that the cloud kitchen market will bring in $112.7 To counter the challenge, dark kitchens are increasingly pivoting towards a hybrid model with sales channels that go beyond delivery and pick-up. There have never been as many cloud kitchens as there are now. Competition is fierce. billion in revenue.

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The 15 most profitable restaurant businesses to start in 2024

Clover - Restaurants

restaurant industry continues to evolve and is on the brink of passing a historical $1 trillion in sales , with certain business models standing out for their profitability. Food trucks Food trucks are a versatile and cost-effective entry point into the restaurant business that can act as a concept incubator. Luckily in 2024, the U.S.

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