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POS Market Momentum Continues

Modern Restaurant Management

Rapid inclination of restaurateurs to adopt POS software for better management of operations will complement the restaurant POS terminals market by 2027. estimates that the restaurant POS terminals market could surpass US$25 billion by 2027. Surging Demand for Robust Restaurant POS Systems. Booming Fast-Food Restaurant Space.

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MRM Research Roundup: Mid-June 2020 Edition

Modern Restaurant Management

billion by 2027, registering a CAGR of 12.0 percent from 2021 to 2027. Based on product type, the burger/sandwich segment accounted for nearly one-fourth of the global cloud kitchen market in 2019, and is expected to maintain its lead status in terms of revenue throughout the forecast period. percent from 2021 to 2027.

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2023 hotel and travel trends

Boutique Hotel News

The AI capabilities of digital communication services also means that the technology is continuously learning about the changing needs of guests, enabling the industry to adapt accordingly. Payments will also form a major part of a hotelier’s CRM strategy moving forwards, especially taking into account the shift to eCommerce.

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Online Booking Trends and Stats Every Hotelier Should Know

Revenue Hub

This recovery is projected to reach 85% by the end of 2022, and the online travel industry is projected to grow at a compound annual growth rate (CAGR) of 10.58% between 2021 and 2027 — when it’s expected to hit $1463.98 Due to poor communication and delays in issuing refunds, many travelers have seemingly lost trust in booking with OTAs.

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The History of Tipping in Restaurants: The Complicated Past, Present, and Future

7 Shifts

Rather than leaving it up to individual restaurants or states to ensure equitable pay, experts have communicated that federal laws are a fair and efficient way to ensure that service workers are paid fairly. The District of Columbia is looking to ban it by 2027. And changes are on the horizon. The tipping debate, however, rages on.