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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. As the trend of digital nomadism continues to rise in the future, catering to this growing demographic becomes increasingly important.

Pricing 215
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The Mille Club: Thinking of the Hidden Costs for High Rates

Larry Mogelonsky

At this point, we could lecture on about Veblen goods , Giffen goods , the rise of the leisure class and other elements of behavioral economics that contribute to a hotel’s pricing strategy, perhaps it’s better to explain our point via an example. Namely, we are wine nuts, so let’s start there.

Pricing 100
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Eater’s Guide to the Canadian Rockies

EATER

Especially since the founding of local culinary festival Canmore Uncorked in 2014, chefs have shined a spotlight on regional dining, tempting travelers to pop over from nearby Calgary or Edmonton, or cross the reopened border from the U.S. Prices start around $325. Just try not to sing “Be Our Guest” in your head the whole time.

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The Stages of Gentrification, as Told by Restaurant Openings

EATER

A key component of gentrification, which distinguishes it from revitalization, is the demographic shift that happens when newer, more expensive development attracts wealthier newcomers, often young professionals, who then price out the community’s original residents. By 2014, a Starbucks arrived.

Pricing 145
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MRM Plant-Based: Trends in Meatless and Copper Branch Expands in Time for Veganuary

Modern Restaurant Management

Another recent study conducted by the Center for Biological Diversity found that offering earth-friendly catering that focuses on low-carbon, plant-based choices can save wildlife habitat and decrease climate pollution. Pricing and participation vary by location. The new menu additions are available at Carl’s Jr.

Marketing 136
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MRM Research Roundup: Mid-September 2021 Edition

Modern Restaurant Management

It is expected alcohol sales will grow as suppliers and operators adapt packing and pricing models to bolster alcohol sales with delivery. 41 percent of consumers ages 18-34 indicated interest in monthly meal subscriptions, especially if offered at a discounted price. In 2014, U.S. ” Supporting Local.

Marketing 178
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The Fermented Foods Industry Is Built on Global Ingredients. So Why Are Its Most Visible Faces White?

EATER

Because I am Chinese-Malaysian (then a rarity in the industry), many customers assumed our product was of Asian origin, and I endured racist comments about its price point, taste, and provenance; many retailers and customers found tibicos hard to pronounce and asked why we didn’t call it by its more commonly used name, water kefir.

Workshop 133