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While they crave the value of QSR – 34 percent of families reporting higher spending at QSRs this month compared to 18 percent of childless households – they are inclined toward fast casual and full-service restaurants as well.
These trends reflect a broader shift towards faster, more efficient, and integrated payment solutions that cater to growing consumer demands for convenience, security, and personalization. According to Statista , the global online food delivery market size was valued at $151.5
" While dining out, GLP-1 users skew their dollar spend toward quick-service restaurants, but they shift toward grocery foodservice, casual dining, and midscale restaurants during their first year on the medications, the report found. This should include the role of ingredients such as protein, fiber, low/no sugar, etc.),
Food trucks, pop-up supper clubs, fast-casual restaurants, and brewpubs are all a part of the unique culinary fabric of this country. Learn About Fast-Casual Dining. Fast-casual dining is dominating the restaurant industry, and its growth is expected to continue at a rapid pace in a post-pandemic economy.
Building on the company’s 2022 tour, this year’s research included six markets – Tampa, FL; Los Angeles, CA; Austin, TX; Portland, OR; Denver, CO; and New York City, NY – spanning 45 diverse casual dining, polished casual, fine dining, and cocktail bars.
Restaurant industry challenges are pushing operators to be more creative and efficient with many opting for more multifunctional spaces – especially in a fast-casual setting. At Maria Empanada, a fast-casual Latin concept the team is working on right now, the to-go boxes are artfully displayed, blending function and branding seamlessly.
The holiday season offers opportunities for catering orders, off-site catering, in-store limited-time offers of holiday favorites, and all of the increased revenue that comes with them. It's the most wonderful time of the year…and for many restaurant operators, one of the busiest.
In this edition of MRM Research Roundup, we feature news about an influx of catering orders, the topic of tipping, the rise of kiosks and affordable Michelin restaurants. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022. emerges, top tech investment for 2024.
The research stems from in-person chef interviews and a nationwide survey of more than 400 restaurant owners and operators spanning 47 states with respondents ranging from fine dining establishments to fast-casual venues, breweries, and caterers. "This
Key demographic factors to consider: Age: Are you catering to college students, young professionals, families, or retirees? Lifestyle Choices: Do they prefer fast, casual meals or long, social dining experiences? Are they catering to families, young professionals, or tourists? Behavioral Factors: How Do Your Customers Dine?
For restaurants with liquor licenses, catering to millennials is key. Consider seasonal flavors, cold brew variations, and creative blends to cater to a broader range of preferences. Remain Price-conscious : Price matters in fast-food and fast-casual restaurants, ranking second among the factors customers consider.
This shift in consumer behavior underscores the need for restaurants to cater to this growing customer demographic. For this, flexible seating arrangements are the key – from cozy booths to communal tables and counter seating, offering options that cater to individual preferences ensures that solo diners feel comfortable and valued.
For casual dining habits at restaurants like Olive Garden: 56 percent said they ate at casual restaurants frequently or occasionally. 29 percent said they rarely ate at casual restaurants. More likely to occasionally eat at casual restaurants. When we asked about fast food: 29 percent said they eat fast food frequently.
We’ve been crayon pros for over 30 years, ever since we started partnering with the fast-growing casual dining restaurant chains of the 90s. Read on to learn more about crayons—the unsung heroes of casual dining. How do crayons save the day? Crayons Make Kids-and Parents-Happy. Crayons Make Kids-and Parents-Happy.
Among the findings: Casual experiential dining appeals on many fronts to consumers of varying ages in different parts of the country looking for affordable culinary experiences. Chef driven fast casual restaurants feed consumers’ desires for high quality menu items delivered quickly and on the go.
In the short term, it’s QSR that will experience labor improvement, then fast-casual. Virtual restaurants can cater to different consumers, expanding clientele. Restaurants will become increasingly casual. " Mike O’Hanlon, Head of Catering Partner Business, ezCater. Suzannah Gerber of Haven Foods.
One of the key functionalities within many QSR and fast casual mobile apps these days is the ability to order ahead and select curbside pickup. In the past, brands had to cater to different customer types with little knowledge about their ordering preferences. Slicing and Dicing: Segmenting Customers Based on Real-World Behaviors.
Many organizations offer on-site catering and cafeteria amenities as a convenience to employees, but with work from home requirements employees are forging for themselves. With millions of people working remotely, lunchtime, once a time of socialization, has been reduced to redundant trips to the refrigerator.
On Menu Ingredients We predict the rise of “bougie” ingredients like caviar, lobster and truffle popping up at restaurants at more affordable prices and in more casual settings like fast casuals and QSRs.
Owners and managers should follow the latest tech trends in the industry and train their staff to use new software in order to keep catering to customers although they might be off-premises. Restaurants will have to continue providing exceptional service in terms of technology, too.
This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes. As the trend of digital nomadism continues to rise in the future, catering to this growing demographic becomes increasingly important.
Since most major QSR and fast casual concepts have already made significant investments in boosting their digital and off-premises offerings, many brands have the infrastructure in place to succeed but are looking for ways to keep up with the increase in demand.
Casual Dining Preferences Market Force Information unveiled a survey on casual dining preferences across the United States highlighting shifting trends influenced by economic factors and evolving consumer tastes. More broadly, catering is a strong revenue driver for restaurants.
Adopting local procurement underscores freshness, while expanded menu selections cater to diverse dietary preferences. Fast Casual Dining Navigating a delicate balance between convenience and culinary craft, the fast-casual dining sector shines as the industry's hybrid powerhouse, marrying quick service with gourmet cuisine.
In addition, pop-up restaurants (100 openings) and seafood markets (84 openings) experienced an increase in openings compared to the same period in 2019, catering to consumers' interests in novel ways to dine and shop for food outside of traditional restaurant experiences.
Whether you’re a fast casual, family style, fine dining, or fast food restaurant, you’re going to appeal to a distinct, identifiable customer base. Cater your communications materials to the audience you think would be most receptive. Restaurant Type. Existing Customers.
If possible, restaurants should consider expanding into casual and comfortable outdoor seating arrangements that can feature a more pre-pandemic feel. People are still gathering in small, private groups, so catering options can be updated to include pick-up or contactless delivery. Fulfilling Other Needs.
Fast-casual visits overall were down 3.8 This includes a variety of establishments, such as restaurants and cafes, catering services, quick-service outlets, and institutional food services (hospitals, schools, and corporate offices). In December, QSR restaurants overall saw visits decline 2.9 percent in December and 11.3
Catering services Catering services provide food for events such as weddings, parties, and corporate functions, often preparing food off-site and delivering it to the event location. Since caterers don’t need a full-service restaurant space, they typically save a lot on overhead costs.
Plant-based eating was previously limited to some selected restaurants and casual cafes. Through this approach, they are also able to cater to their customer’s taste while reducing the risk of using too much processed food. Surprisingly, restaurants are also replacing all, meat, fish, eggs and dairy with vegan alternatives.
For example, customers at a steakhouse may be willing to spend more for a fancier cut of meat, versus a fast-casual restaurant customer who may prioritize paying for convenience. Spending Habits: Purchases at restaurants, typically discretionary and impulsive, vary based on the type of establishment.
Like consumer-led ordering and payment solutions, lifestyle technologies allow consumers to use their smartphones to quickly identify dining options that cater to their lifestyle. Well, that puts fast-casual out of the running. Too bad for you, that precludes casual-plus. Want a lightning-fast grab-and-go experience?
percent in the first week of January across fast casual and quick service restaurants in the UK as compared to the first week of December. ” At Daily Jam, Taylor looked into adding in vegan items that already fit the style of the menu and said substitutions were a great way for a restaurant to cater to guest desires.
Who among us hasn’t ordered food through a convenient mobile application, with menu choices ranging from not just quick-serve or fast-casual restaurants, but convenience stores as well? The company is catering to changing customer needs and preferences and positioning itself as socially responsible and sustainable.
Hotel: Not only places to bed down, hotels can refer to casual eateries for affordable, filling food. The best food markets in Sri Lanka Saturday Good Market This weekly market in Colombos illustrious Cinnamon Gardens neighborhood mostly caters to small, independent brands selling sustainable crafts, homeware, and jewelry.
Just being more catered to individual needs helps a lot." "The As CNBC reported earlier this year , the hospitality sector is seeing wage growth, particularly in the fast food and fast casual segments. Finding the right employees and being able to keep them due to the pay structure is rough.
Bar and restaurant managers will aggressively target this revenue stream with dedicated group sales and catering managers, online ordering, and seasonal offerings such as holiday dinners, beer and wine tastings, and team building programming. – Lori Bolin, President of BrewLogix. Operators have spent years adapting to the labor crisis.
Full service restaurant concepts fall into two broad categories: casual dining and fine dining. Casual and fine dining restaurants offer different menus and experiences to guests and require different expertise and operational knowledge for success. 10 Differences Between Casual and Fine Dining 1.
Starz The long-awaited reboot about struggling LA cater waiters serves up unflinching hospitality industry humor It’s hard to say why exactly, but everyone is obsessed with telling the true — and often lurid and hilarious — stories of the service industry right now. They’re all a little older, a more tired, and more bitter.
In a study among casual dining restaurants , 91% of respondents said that an appealing ambiance prompts them to visit a particular establishment. Offer multiple payment options, including contactless and mobile payments, to cater to different customer preferences. The checkout process is another area where you can reduce friction.
HOP® Restaurants announced plans to launch Flip’d by IHOP™, a new fast-casual concept in the U.S., Catering will also be available with guests choosing large servings of Build Your Own Pancake Bowls, breakfast sandwiches, a Burger Bar and more. Clean Juice Looks to Catering For Growth. Flip’d by IHOP.
A casual brunch spot in a college town will attract a different crowd than a high-end steakhouse in a business district. Your color scheme should complement your concept for example, bold reds and yellows for a lively fast-casual spot, soft pastels for a relaxed caf, or sleek black and gold for an upscale dining experience.
Founded in 2006, Just Salad is the fast-casual restaurant industry’s leading proponent of zero-waste practices. Catering has become a major aspect of our business, which we believe has significant upside. Freddy's Adds to Team.
Explore Higher-Margin Offerings : Related, next year, restaurants can look to new ways to offset pressures on margins by leaning more into higher-margin offerings like catering and delivery direct through owned channels vs. third party delivery. – David Tracz, Partner at / /387.
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