EATER

NOVEMBER 19, 2020

According to the Idaho Department of Labor , initial unemployment claims in food preparation and service-related occupations — the hardest hit of all categories — totaled nearly 23,000 between mid-March and mid-October. Some had to lay off staff, while others decided to close shop permanently. Those who hung on displayed their resilience.

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Modern Restaurant Management

JULY 20, 2021

restaurant industry has shown remarkable resiliency, having lost as much as 35 percent of visits at the beginning of the pandemic, but still has a ways to go to get back to pre-pandemic levels, reports The NPD Group. Chatmeter released its latest Local Brand Report: Top Restaurant Brands of 2021. Top Restaurant Brands.

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Modern Restaurant Management

OCTOBER 4, 2021

Bluedot released the fifth installment of the State of What Feeds Us report which has kept tabs on consumer behavior and restaurant habits since the beginning of the health crisis. The new report captures a steady rise in mobile ordering, reinforcing the critical importance of mobile initiatives for restaurant brands.

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7 Shifts

DECEMBER 27, 2019

Here’s a breakdown of how that cost is determined, according to the Cornell Hospitality Report: Productivity loss ($3,049.28): An employee’s productivity starts to wane as soon as they decide to quit. Selection ($645.04): Restaurants invest resources into interviewing candidates, calling references, and conducting background checks.

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Modern Restaurant Management

JANUARY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features a gloomy start to the new year, dining trends for 2020, the importance of discounts, holiday gift card sales results, delivery frustrations, soda curiosity and a consumer culture report. Download the full report here. An Uncertain Start to 2020?

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Hotel Business

NOVEMBER 9, 2022

Beekeeper plans to use this round of funding to grow, continue to invest in product development and establish its leadership in the frontline success category. Beekeeper customers are already reporting initial benefits, stating that 30% of those referred are hired and stay at their jobs twice as long.

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Synergy Suite

SEPTEMBER 9, 2022

Some operators are choosing to look at new reports such as Actual vs Theoretical (AvT) food costing, real-time reporting on daily pricing changes, recipe costing, and a wide variety of other data reports to identify trends. A profitability vs probability matrix includes four categories: plow horse, stars, dog, and puzzle.

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Modern Restaurant Management

AUGUST 17, 2020

Fifty-six percent of millennials overall reported that they dined out on a weekly basis prior to stay-at-home-orders and that 41 percent intend to dine out every week after restaurants reopen. This is compared to only 23 percent of the US and 17 percent of UK consumers reporting an increase in purchasing from national chains.

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Synergy Suite

JANUARY 4, 2024

Voluntary Turnover vs. Involuntary Turnover Turnover can be broadly classified into two categories: voluntary and involuntary. Turnover is classified into desirable and undesirable categories, each carrying distinct implications for business operations. Desirable vs. Undesirable Employee Turnover Not all employee turnover is harmful.

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The Restaurant Times

SEPTEMBER 22, 2021

Secondly, they operate in a fraction of traditional restaurant space, utilising resources more efficiently through optimized kitchen workflows. According to a report by RedSeer Management Consulting, cloud kitchens are set to be a $2 billion industry in India by 2024, up from $400 million in 2019.

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SiteMinder

JANUARY 8, 2024

Types of hotel management If we zoom in on accommodation management, it too can be divided into a few different categories, which reflect the broad range of tasks and challenges that hotel management presents. How to do hotel management reporting Reporting on performance is essential to effective hotel management.

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Xotels

APRIL 3, 2024

Regular Follow-ups: Continuously aim to spot new trends in your reports, monitor market trends, guest preferences, and competitor strategies to stay ahead. This approach challenges resources to prioritize gathering market information, fostering a proactive rather than reactive stance. How to Distribute Your Rooms Effectively?

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Revenue Hub

JUNE 6, 2023

This makes it all the more important to analyze demand, the market and competitors in detail in order to be able to set the perfect price for each individual room category. A lot of data is still evaluated manually, which ties up time and resources. Evaluations of ratings by software that can also perform semantic analyses.

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Modern Restaurant Management

FEBRUARY 10, 2020

42 of the country’s favorite fast food and restaurant chains still don’t offer a plant-based entrée, according to a report released today by The Good Food Institute (GFI). Burger King’s third quarter earnings report revealed that the Impossible Whopper had driven 5 percent of comparable sales growth in the U.S.,

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SiteMinder

JANUARY 8, 2024

Types of hotel management If we zoom in on accommodation management, it too can be divided into a few different categories, which reflect the broad range of tasks and challenges that hotel management presents. How to do hotel management reporting Reporting on performance is essential to effective hotel management.

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SiteMinder

AUGUST 29, 2023

By breaking down these costs, hoteliers can make informed decisions, allocate resources efficiently, and ensure the long-term sustainability of their establishment. This category includes cleaning agents, fresh linens, toiletries, and more. Proactive Cost Analysis and Reporting.

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Modern Restaurant Management

DECEMBER 16, 2019

This report comes from Black Box Intelligence™ data from TDn2K™, based on weekly sales from over 31,000 and $72 billion in annual sales. According to Black Box Intelligence’s reporting convention, since Thanksgiving was celebrated late in November this year the holiday was considered as occurring in December.

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Synergy Suite

NOVEMBER 30, 2023

This category covers items such as: Ingredients: The cost of raw materials, such as vegetables, meats, seafood, grains, and spices. This category includes: Alcoholic Beverages: The cost of wine, beer, spirits, and mixers. Calculating food costs involves tracking the total value of these ingredients used during a specific period.

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EATER

MAY 10, 2021

Both programs were founded in 2020 by former Stockton, California Mayor, Michael Tubbs, and they’re both on a mission to provide low-wage earners, a category that disproportionately includes food workers, with a guaranteed income. Cash is freedom, and it’s the freedom to walk away from a situation that’s unsafe.”.

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7 Shifts

NOVEMBER 17, 2021

That's why we're presenting you with all you need to know about inventory's essential steps, best practices, and helpful resources below. Inventory management software can generate detailed reports of inventory trends so you can easily see which ingredients are the most popular or are under-utilized. Table of Contents. Best Practices.

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EATER

MAY 12, 2023

Following virtual meetings with discussions of each restaurant, judges then submit rankings within each awards category. Those dining scores along with the rankings determine which chef or restaurant wins the category. Reporter Hanna Raskin broke the news of Price’s departure in her newsletter, the Food Section , on Friday May 12.

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7 Shifts

JANUARY 5, 2024

How tip credits work in New York Regulations for tip pooling and tip sharing: How New York protects employees Record keeping and reporting requirements for tips How employers can stay compliant with tip laws Additional resources The basics of tip laws in New York New York agrees with federal law on the definition of a tip.

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7 Shifts

FEBRUARY 15, 2024

More accurate financial management and reporting In the hospitality industry, margins can be tight. Bar management software's financial management and reporting features give you an infinitely easier and more visible way to monitor profitability and make financially sound decisions. The right software makes these goals attainable.

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7 Shifts

FEBRUARY 15, 2024

More accurate financial management and reporting In the hospitality industry, margins can be tight. Bar management software's financial management and reporting features give you an infinitely easier and more visible way to monitor profitability and make financially sound decisions. The right software makes these goals attainable.

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Scheduling POS Systems Reservations Communication 78

Hotel Owner

JANUARY 18, 2023

Cloudbeds has been recognised for the fifth consecutive year as one of the industry’s top technology providers by Hotel Tech Report, solidifying its position as a leading hospitality platform powering more reservations and happier guests for lodging businesses worldwide. About the hotel tech report. Each year 2.5 About Cloudbeds.

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7 Shifts

JANUARY 5, 2024

The restaurant then retaliated against the staff member who reported the violation. So tip pooling arrangements are a way to ensure both categories are compensated fairly. Retaliation protection Employees are protected from retaliation if they report or file a complaint regarding wage or hour violations.

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Modern Restaurant Management

DECEMBER 4, 2020

Reviews as a Resource. Online reviews are an increasingly valuable resource for customers searching for goods and services at local businesses during the COVID-19 pandemic, according to new research from Podium. To access the full report, click here. Download the full report: Delivering On Restaurant Rewards.

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7 Shifts

OCTOBER 15, 2020

Here are the blueprint details: Cuomo also asks New Yorkers to help enforce these regulations by self-reporting any restaurants they see breaking the 25% capacity rule, a program titled “New Yorkers Protecting New Yorkers.” Anyone can anonymously call or text in tips about restaurant violations to Cuomo’s state task force.

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Modern Restaurant Management

MAY 1, 2020

In Taiwan and South Korea, where restaurant dining rooms remained open during the pandemic, frequent users actually reported ordering more takeout and delivery. Service Management Group (SMG) introduced its third annual report on third-party delivery: Take control of third-party delivery to protect your brand.

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The Restaurant Times

DECEMBER 13, 2021

Although accumulating resources, developing a concept, and securing a shop in a prime location is key to successful hospitality business in any country, it is necessary to conduct a feasibility study to confirm the validity of the idea. Generates real-time and accurate reports that facilitate close analysis of operations.

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POS Systems Marketing Blog Accounting 10

Modern Restaurant Management

APRIL 20, 2021

In March 2021, QSR transactions were up +29 percent compared to a year ago and down -5 percent compared to March 2019, NPD reports. Soft drinks and beer lead the way with categories drunk in bars and restaurants since returning to the On Premise. ” The Return to On Premise. Spending habits are positiv e. Drink choice.

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Modern Restaurant Management

JULY 30, 2021

However, according to a 2019 report from the Federal Reserve Bank, 37 percent of all Americans could not cover an unexpected $400 expense without going into debt. To be able to offer these types of resources means a lot. “We are very excited about our partnership with SaverLife.

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7 Shifts

JANUARY 10, 2024

Some fall into different categories based on the hospitality segment they serve, configuration, or function. Bonus tip: If you already use another solution for one or two of these categories, check to make sure the RMS can integrate with those other products. Types of restaurant management systems Not every RMS works the same way.

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7 Shifts

JANUARY 10, 2024

Some fall into different categories based on the hospitality segment they serve, configuration, or function. Bonus tip: If you already use another solution for one or two of these categories, check to make sure the RMS can integrate with those other products. Types of restaurant management systems Not every RMS works the same way.

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Modern Restaurant Management

DECEMBER 14, 2020

In this edition of MRM News Bites, we feature resources to help restaurants survive the winter weather and the learning how to improve bread-baking skills. "Our new resources are here to help, as operators weigh their next steps carefully and seek expert advice for navigating the latest phase of COVID challenges. . "With

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SiteMinder

OCTOBER 10, 2023

Learn more How to read revenue forecast report in hotels Your hotel revenue report offers a detailed look into the monetary health of your hotel, including its current performance, its opportunities, and its challenges. Understand categories like business travellers or leisure guests to tailor strategies. Market segments.

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Modern Restaurant Management

AUGUST 2, 2021

Alignable’s July Rent Report has just been released, based on a poll of 5,911 small business owners that concluded last week. To see the full Alignable July Rent Report, click here. ” On Premise Impact Report. . ” On Premise Impact Report. Rent Struggle Is Real. Transaction Volume Increase.

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