As we wrap up 2024, two major forces dominated restaurant headlines: value amidst inflation and tech adoption. Now, let’s dig deeper into how this year impacted you and how you’re preparing for 2025. 📊👨🍳 Check out this breakdown and expert insights to keep your restaurant ahead of the curve: https://lnkd.in/gARgaVDC #RestaurantTrends #Restaurants #HospitalityTrends
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Loyalty programs are everywhere. In 2024, restaurants are looking to level up their programs with even more elevated and personalized experiences. Learn more about how restaurants are giving diners what they really want in the 2024 Restaurant Trends report. https://lnkd.in/eDH7C-hV
5 trends in the restaurant industry to watch in 2024
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Title: Maximize Savings While Embracing Restaurant Value Trends As the dining industry evolves in 2024, restaurant CEOs are using innovative strategies to bring back customers and save money. Today's diners want more than just food; they seek unique experiences, which means great service, ambiance, and personal touches are crucial. Restaurants that focus on these elements attract new customers and build loyalty among existing ones. Cost-effective menu options are a big trend, considering tighter budgets due to inflation. CEOs are creating affordable yet tasty dishes that don't compromise on quality. Promotions, discounts, weekly specials, and loyalty programs also help attract and retain customers. Eco-friendly practices are becoming important, appealing to environmentally conscious diners and reducing long-term costs. Additionally, offering delivery and takeout services is vital in today's convenience-driven world. To ensure repeat business, restaurants are using personalized marketing, hosting exclusive events, and implementing loyalty programs. Engaging with the local community and seeking customer feedback also builds strong bonds and drives loyalty. For operations, restaurants can save money through advanced inventory management, energy-efficient practices, staff training, supplier negotiations, and technology integration. By following these trends and practices, restaurant CEOs can attract customers and achieve significant savings. Ready to learn more about maximizing your savings? Reach out to Together CFO or set up a call at https://lnkd.in/gEhBUk3S.
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Looking for key insights for the restaurant industry in 2025? QSR magazine has released an insightful article featuring 13 industry leaders dissecting the critical trends, challenges, and opportunities shaping quick and full-service restaurants in the coming year. Read the full piece here: https://rpb.li/3qUT #RestaurantIndustry #FoodTech #BusinessTrends #Hospitality2025
14 Restaurant Leaders on the Trends, Challenges, and Opportunities of 2025
https://www.qsrmagazine.com
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For decades, grabbing a burger and fries was a staple of quick affordable dining, but times are changing. For QSRs to navigate rising costs, they need a deep understanding of changing consumer expectations. This is a pivotal moment for the industry, demanding innovation and adaptability to meet the evolving needs of a more discerning and budget-conscious audience. How do you think QSRs can best adapt to these changes? #CustomerExpectations #RestaurantInnovation #DiningExperiences #QSR
How QSRs Can Use Loyalty and Restaurant Tech to Beat Rising Prices
https://www.qsrmagazine.com
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Let us help you with your data and ensure all your Back Office is in one location. No obligations to have a conversation on how we stack up with your current systems. Back Office by Buyers Edge Platform
Is your restaurant struggling with profitability? Well, I'll let you in on a little secret. You're not ❌ alone! 38% of restaurant operators say they were not profitable in 2023, according to the National Restaurant Association. Fortunately for you, Dining Alliance can help boost your bottom line by: ✂️ Cutting costs by leveraging $60+ billion in buying power 💰 Helping you save on products from 350+ top manufacturers 💵 Providing cash back on over 175K rebated line items 💻 Offering an innovative tech-stack for you to tap into Learn more 👉 https://brnw.ch/21wKg0A
38% of Operators Say Their Restaurant Was Not Profitable in 2023
https://diningalliance.com
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Dynamic pricing strategies eliminate the guesswork in menu pricing for #restaurant operators through advanced analytics and real-time adjustments. Learn more about the benefits and controversies surrounding dynamic pricing in the restaurant industry here: https://bit.ly/3Vc48ia. Ready to boost your restaurant's profitability? 💪🍽️ Discover more about Smart Pricing with Chowly: https://bit.ly/3VdIJoP
Dynamic pricing a divisive subject at National Restaurant Show
restaurantbusinessonline.com
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Gathering and leveraging customer feedback using a platform like Akira enables chain restaurants to uphold brand standards and safeguard their reputation. For large chain restaurants, maintaining consistent brand identity and quality across numerous locations can be a challenge. Actively collecting guest feedback is a crucial tool to ensure you're meeting customer expectations and providing a positive dining experience. You can't "ghost" your guests! Here are some reasons why guest feedback is so important for large-scale chain restaurants, along with illustrative examples, and how Akira, a guest feedback management platform, can be instrumental in this process. Read more: 🌸 https://lnkd.in/eh2VMs3F #guestfeedback #reputationmanagement #brand #ghosting
Why actively collecting guest feedback matters for large-scale chain restaurants
helloakira.com
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Gen Z spends more on dine-in and takeout/delivery than any other generation. But at the same time, 46 percent of Gen Z diners said they value deals and specials as a deciding factor in whether they choose to dine somewhere, which was a greater percentage than other generations. Moreover, 65 percent of Gen Z indicated that they use value for their money to decide whether or not to dine at a particular restaurant, which was a greater percentage than any other generation.
Gen Z Dining Trends Restaurant Operators Must Know About
https://modernrestaurantmanagement.com
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Is your restaurant struggling with profitability? Well, I'll let you in on a little secret. You're not ❌ alone! 38% of restaurant operators say they were not profitable in 2023, according to the National Restaurant Association. Fortunately for you, Dining Alliance can help boost your bottom line by: ✂️ Cutting costs by leveraging $60+ billion in buying power 💰 Helping you save on products from 350+ top manufacturers 💵 Providing cash back on over 175K rebated line items 💻 Offering an innovative tech-stack for you to tap into Learn more 👉 https://brnw.ch/21wKg0A
38% of Operators Say Their Restaurant Was Not Profitable in 2023
https://diningalliance.com
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What do Chipotle, Potbelly, Shake Shack, and Wingstop all have in common? If you guessed that they're all fast-casual restaurants, you'd be right. But if you guessed that they've all been quite successful in the recent past, despite inflation, you'd be right again. As it turns out, fast-casual restaurants have been dominating the restaurant industry lately. I find it fascinating just how versatile fast-casual experiences can be—assembly lines, counter service, etc. This versatility means that the market still has tons of room for innovation and growth—there are no set rules or expectations for how things "need" to be. Each restaurant can create its own unique experience. #FastCasual #RestaurantTrends #RestaurantIndustry #Restaurants
Fast-casual emerges as the sweet spot for restaurant industry growth
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