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The main part of our business is catering, which of course was all but dead during the pandemic. In turn, this shift forced the restaurant industry to adapt and innovate at a high speed. In terms of pricing, we did have to raise our prices a bit in 2021 due to cost increases, and we’ve been able to keep them steady, fortunately.
As digital transactions become ubiquitous, businesses across all sectors are embracing innovations that reshape the way they interact with customers. In 2025, the restaurant industry will continue to adapt to these payment innovations, with a focus on eliminating cash transactions and prioritizing seamless, digital payment methods.
These changes have challenged operators to adapt, but they’ve also reinforced the resilience and innovation that define the hospitality industry. Innovate or die was the new mantra. Beyond our innovative viewing technology and diverse sports programming, we've found that guests primarily seek meaningful shared experiences.
The QSR industry is heading into 2025 at a crossroads of innovation and expectation. The innovations introduced in 2024 set the stage for progress, but 2025 is the time to move from experimentation to optimization. Menu innovation has become a key way to deliver value.
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. Expanding a traditional restaurant model to include new innovations requires focus and attention on daily business metrics.
In addition to standing out in a crowded market, restaurants must cater to guests with dietary restrictions — vegetarian, gluten-free or vegan — in a way that is both delicious and unique. Maintaining a balance between innovation and tradition is crucial.
Still, keeping a steady team remains the top challenge, highlighting the need for ongoing innovation in restaurant workforce management. Embracing these innovations will be essential to meeting the evolving needs of the industry and its workforce. At the same time, technology is poised to play an even bigger role in the coming year.
"They should also review menu items to see if there are options for not only GLP-1 users, but also items that cater to other dietary preferences to give customers an array of choices." This should include the role of ingredients such as protein, fiber, low/no sugar, etc.), portion sizes, and hydration. "They
From Health Consciousness to Animal Welfare, Plant-based Culinary Diet Caters to All. Vegan or plant-based culinary trends and innovative methods of eating have captured the attention of the entire world.
Convenience and a wide range of options have emerged as key purchasing drivers, providing significant opportunities for innovation to ensure more inclusive and seamless payment experiences. Consumers now expect innovative solutions that support seamless journeys, and payment technology must support this transition to smart mobility.
KIn the dynamic world of quick-service restaurants, innovation and adaptability are critical to evolve successfully in order to drive business growth with consumer preferences continuously changing. With industry data projecting the catering and food service sector to reach $477.3B
Options like chickpea, almond, and coconut flours not only cater to dietary restrictions but also deliver powerful nutritional benefits. They provide a platform for chefs to experiment with hyperlocal ingredients, innovative plant-based dishes, or niche cuisines like Scandinavian-inspired seafood.
The constraints of today’s labor environment can put a freeze on innovation, as the need for consistency and speed of service can outweigh creativity and differentiation. Barilla for Professionals first brought Barilla Frozen® to the foodservice market in 2022, offering an innovative line of pre-cooked, frozen pasta.
Expect to see functional plants like burdock, angelica, and osha root popping up more frequently, adding a fresh, innovative twist to dishes. The findings provide industry partners with exclusive data on emerging consumer preferences and innovation areas poised to differentiate brands in a highly-competitive marketplace.
" Rose suggests operators should focus on better understanding and segmenting their loyalty program members to communicate their value-based menu innovations as well as new premium offerings. "They "In addition to focusing on loyalty programs, operators are increasingly savvy about optimizing their store portfolio.
Menu Innovation: Balancing Variety, Quality and Simplicity While many restaurants are chasing trends like locally sourced ingredients and exotic toppings, pizza remains a stronghold of tradition. For the business, direct orders reduce commission fees paid to third-party platforms.
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 Restaurants are also implementing innovative retention strategies.
Top key players in the restaurant and service industry are working towards the development of robotic services to improve and cater to current requirements. In addition, in January 2021, Hyundai Robotics launched what it describes as a “food and beverage service robot” for the restaurant and catering sector.
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.
At the beginning of the pandemic, Paul Dioguardi, owner of Colorado-based Hickory House Ribs, realized there was only so much he could do with the amount of available restaurant tables so he decided to focus on growing the catering side of the business. His updated marketing strategy included new wrapping for their catering van.
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.
"Staying innovative, forward-thinking, and agile in answering these questions will be essential for creating food spaces that not only meet customer needs but also set trends rather than following them."
What’s new on the menu for today’s innovative restaurants? Savvy restaurateurs are looking at technological innovations not as a side dish, but as one of the main ingredients in a restaurant’s direct relationship with its customers. Internet of Things (IoT) technology.
Restaurants are responding with creative menu innovations, offering smaller portions, bundled meal deals, and "value bites" menus to provide premium experiences at reasonable prices. By understanding and catering to these evolving expectations, restaurants can create more engaging and satisfying experiences for their guests.
For hospitality and catering businesses, tech can also provide key insights and easy access to non-anonymised basket-level data that helps them make better, more informed decisions. It’s imperative that the sector recognises that consumers now expect these types of innovations.
Beyond Basic Balancers : The team found many cocktails that were made using an innovative variety of methods or modifiers to balance the drink or add layers of flavor. Meaningful Menu Innovations : Restaurants and bars are evolving their menus beyond being a functional tool to improve the consumer experience.
These innovative establishments create a social experience similar to traditional bars, minus the booze. Non-alcoholic bars cater to this new wave of sober curiosity by offering mocktails, zero-proof spirits, and craft sodas that rival their alcoholic counterparts in flavor and sophistication.
Although we are not having guests eat in our dining rooms, Teriyaki Madness is utilizing technology to combat the fallout through an emphasis on pickup and delivery, innovative curbside service and social media promotions across its website and mobile app.
“We have done things like utilizing less expensive cuts of meat – such as pork loins – and relying heavily on culinary innovation, in addition to increasing the frequency of the offers, all in an effort to entice our guests and continue to provide them with incredible value.”
This is where innovative technology steps in, offering a silver lining. Catering to a New Audience To capture Gen Z's taste buds and attention, restaurants must continually innovate their menus. The right technology can help restaurants worry less about simple tasks and more about prioritizing their authenticity.
Here’s our predication for 2021–by the end of the year, every restaurant, big or small, will have a virtual banner under which they sell food catering to a different cuisine or market. In some cases, these online-only restaurants are bringing in more revenue than the actual business that supports them.
People will increasingly choose innovative products not only because they align with their values, but because they taste and perform better or otherwise meet personal preferences or needs. This shift will position cultivated meat as a long-term venture with the potential for far-reaching positive impacts on future generations.
Experimenting with Menu Innovation With a wide variety of guests passing through these types of venues, QSRs have an opportunity to feature menu options that cater to different tastes and dietary preferences. These partnerships have expanded our reach to target audiences and have increased our brand awareness in new markets.
They expect digital ordering options, on-demand choices and services that cater to their online lifestyle. Drive-Thrus Ripe for Innovation. The Rise of Digital Channels. Restaurants are serving guests who are more digitally enabled than ever before. Even before COVID-19, digital channel use was on the upswing.
When restaurants find their perfect blend of tools, they can transform challenges into opportunities for growth and innovation. Technology opens the doors for efficiency and innovation while meeting guest demands for seamless, convenient experiences.
The Trend: Ghost kitchens and changing restaurant design cater to off prem. We will always have a few clouds, but these trends show that restaurant people are some of the most innovative, adaptable people in the world, who are ready to face what comes next. I’m excited for the blue skies I see ahead for the restaurant industry.
Restaurateurs who are able to innovate their offerings and cater to both delivery and in-person needs will be in the opportune position to survive this moment of despair in the industry. While survival remains the top priority, many food service professionals haven taken this time to invest in and innovate their customer offerings.
"Embracing AI signifies a shift towards customer-centricity, where innovative solutions can cater to each and every customer – from automated interactions, seamless reservations, instant inquiries, and beyond – all converging to place the customer firmly at the heart of the restaurant experience."
The debate over manufactured plant proteins and whole plants has begun, and it has spurred innovation in menus across all segments of the foodservice industry. Upgraded Offerings in Catering and Hospitality – Customers are looking for upscale options and customization for special events.
As the trend of digital nomadism continues to rise in the future, catering to this growing demographic becomes increasingly important. In 2024, the restaurant industry will witness a technological transformation driven by innovations like AI and contactless solutions, while also grappling with data privacy concerns.
Many food and beverage establishments have seen success with technology — such as contactless options, automation to support changing workforces and innovative customer loyalty strategies — in their endeavors to meet the demand for safer and more convenient dining experiences.
At Capriotti’s we are on a continuous and ever accelerating path toward innovation while building on our unique heritage. Virtual restaurants can cater to different consumers, expanding clientele. Smaller coolers and dry storage areas will free up square footage that can be used for more seating or other innovations.
2022 will be the year where the restaurant industry shows the world how flexible and techno-savvy it really is — applying what it has learned during a challenging two-year period and adopting technology that reinforces the industry’s innate appetite for innovation. Jay Fiske, Vice President, Powerhouse Dynamics.
One innovative centralized call center for a large U.S. With increasing margin pressure, restaurant operators should consider shifting left in the supply chain so that food prep resources can focus on creating high value custom experiences for both dine-in guests and outdoor catering parties.
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