Five trends in the restaurant industry

This is placing incredible pressure on profits and one way many Restaurants are dealing with this is to cut the wages paid in the kitchen, with less well trained chefs and to cut the quality of the ingredients that they are using.

This core of followers can make hundreds of thousands of dollars of difference in revenue for a restaurant. Some companies are even taking the concept of eliminating waste as an opportunity to give back to the community or repurpose food for other uses. Menu Engineering could very well be the year of the Menu Engineer.

We hope this open concept experience will nurture more conversation around the dining experience in a world where social media tends to become the default for human interaction.

Changing consumer tastes Last but not least, we should remember that amongst all of this there is a customer or two!

Their tastes are changing based on evolving needs and education. Bookings are great for the customer as they allow certainty, but expose to lack of flexibility in regard to turning tables and also the risk of allocating tables which where the customer may no show.

These are all very large companies and will be looking to make returns from their investments this year. Of all of the Restaurant Trends, this has the ability to make the biggest impact on a Restaurant. The experience that a Restaurant delivers will become increasingly important in what is pretty fierce competition in most Restaurant markets.

Foodies are looking for a more exciting offering that use ingredients inspired by unique places across the globe.

Next year will see the rise of small Restaurants starting to leverage some of the big data opportunities to better target their existing customers and to prospect new leads.

The benefits of this is that they do not need to worry about marketing and they are focusing on the most price conscious of the consumers. Companies like Open Table and Just Eat can have a significant impact on segments of the market and whilst many restaurants may not use their services, it is important to understand how they are driving industry segments — particularly in online ordering.

Paddock to plate, nose to tail, sustainable fishing, themed and challenge restaurants are types of Restaurants. Niches such as gluten free will still continue to be strong and there will be an increase in paddock to plate, fresh, local grown ingredients in a Restaurant.

We believe that there are a number of factors that will cause existing Restaurant trends to increase in strength as well as the creation of new trends — these can be broadly broken down into 3 areas: Tell them about your suppliers — make them the star.

Making food Lamb Shank Massamam Curry look this great is critical if you want social media success. The size of the industry means that there are a lot of players looking for a slice of the action.

Some restaurants are incredibly successful with a No Bookings policy — it means that tables are always full and there is the valuable opportunity to upsell with a pre dinner drink at the bar or even a beer whilst waiting in the queue.

Do you agree with our Top 5 Trend predictions for ? Niche targeting Restaurants will focus more on the important niches, such as vegetarian, family friendly, family unfriendly, gluten and allergen free. The trick is to come up with a combination of price, product and experience that creates a willingness for people to queue.

If you want to stay in touch with the latest restaurant innovations from around the world make sure you subscribe to our newsletters. No bookings One of the big drives for both high end and casual restaurants will be towards no bookings. The team at Marketing4Restaurants will be keeping a close watch on these 8 Restaurant Trends as well as new Restaurant Trends as they appear.

Decreasing time for people increases the number of times that they eat out or order in and that makes this multi trillion dollar industry. Coupled with an email database and the ability to craft high value experiences such as cooking lessons or special tasting evenings, celebrity followings can bring in large numbers of high margin customers, often in of peak times.

Offering meals that taste great and are good for your gut is sure to attract health conscious diners everywhere. Divergence Another of the big Restaurant Trends for is the divergence between low cost and high cost restaurants. We agree that diverse culture will have a large influence of what are on menus this year.

An Indian Restaurant with really hot spices, a Restaurant that uses no GMO food, Vegetarian, best steaks, these are were successful Restaurants can really stand out from the crowd and build a loyal following.

Gone are the days of satisfaction from a plain hamburger with lettuce and tomato. Offering a menu of items sourced from your own garden may attract even more customers to your door.

Story driven restaurants that create experiences.Ninety-five percent of restaurateurs agree that technology improves business efficiency, according to the Restaurant Technology in industry report from restaurant software company Toast.

As restaurant trends go, is looking to be much like its predecessor, at least in terms of industry growth and financial forecast. The consumer price index remains strong, with discretionary income stable, maybe even ticking up.

7 Restaurant Trends for 2016

For the last five decades, the restaurant industry has typically grown at an average rate that reflects population growth, GDP and inflation – growth that ranges from about three to four percent per year.

Sep 09,  · Restaurant Industry Trends, Statistics & Market Data Local Love | 6 Strategies to Incorporate Local Community in a Branded Environment Incorporating local design features in a branded environment cultivates a. The year has just begun and we've scoured the internet for the Restaurant Industry Trends of We've chosen our picks for the top.

It goes without saying that people’s blood, sweat and tears account in part for the steady growth of the industry and it would seem appropriate that restaurant owners look to current technologies, reinvesting funds to enhance profit and customer satisfaction.

Technology trends are a funny thing.

Download
Five trends in the restaurant industry
Rated 4/5 based on 70 review