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2021 Restaurant Insurance Outlook

Modern Restaurant Management

restaurant industry has a loaded plate as 2021 picks up steam – especially from an insurance and financial protection point of view. “The prospects for fine dining and sit-down restaurants are going to remain strained for all of 2021,” said Doug Groves, founder at Program Insurance Group, in College Station, Tex.

Insurance 531
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Avoiding the Four Biggest Traps of Restaurant Payroll

Modern Restaurant Management

Even if these were unintentional, this individual would still be subject to fines and a loss of trust with staff. When restaurant owners get it wrong, it could lead to fines, broken trust among employees—as with the examples above—and even jail time for more egregious violations.

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Picture This: Use Mural Art to Up-Level Your Marketing Strategy

Modern Restaurant Management

A Zagat dining trends survey says 75 percent of respondents have selected a restaurant based on food photos. Murals are incredibly expressive, so they’re a great platform to convey the personality of any type of restaurant, whether it’s fine art for fine dining or vibrant graffiti-style art for a more edgy vibe.

Marketing 438
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What To Do When Your Guests Have Sticky Fingers

Modern Restaurant Management

After a guest thief takes what they want, the restaurant must purchase replacements and eventually report the thefts to their insurance company, which in the long run will raise their premiums, creating another drag on profitability. Remember, the cost of dining out pays for the food and service, nothing more.

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NCR Reveals 2022 Hospitality Trends and Predictions

Modern Restaurant Management

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. Operators will look to technology to offset labor shortages and free up staff to enhance the dining experience. Service with a smile is not a thing of the past.

2022 473
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MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

“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.

Marketing 221
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Q1 2022 Legal Update

Modern Restaurant Management

Insurance Coverage for COVID Claims Largely Rejected by Appellate Courts : Throughout the country, appellate courts are reviewing insurance coverage lawsuits brought by restaurants who were forced to close due to COVID-19 pandemic shutdown orders. Oregon Mutual Insurance Co., Litigation. Administrative Developments.

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