Every operator should know where they’re exposed and what competitors are testing right now. Why does this matter? Best case: you identify opportunities to strengthen your guest offering, reduce operational friction, and unlock new revenue streams. Worst case: you learn what your competitors are already exploring, so you’re not surprised when guests start spending elsewhere.… Continue reading 3 Areas Your Competitors Are Testing Right Now
Author: Haywood Wright
These Hospitality Trends Will Dictate Decision-Making in 2026
Over the past decade, I’ve been fortunate to meet with hundreds of Hospitality and Entertainment Executives to understand their priorities regarding Entertainment and Technology. Today’s conversations are consistently focused around these three (3) needs… Ancillary Revenue Generators This topic is nothing new, but the list of solutions for owners to consider is both growing and… Continue reading These Hospitality Trends Will Dictate Decision-Making in 2026
The Role of Recipe Costing in Restaurant Profitability
Maintaining profitability is a constant challenge in the ever-evolving world of restaurant management. One of the most powerful tools for achieving this is recipe costing. By implementing a consistent recipe costing process, restaurateurs can protect profits, manage food inventory effectively, and set strategic menu prices. The Recipe Costing Advantage Recipe costing is your secret weapon… Continue reading The Role of Recipe Costing in Restaurant Profitability
Navigating the Construction Process: Pitfalls Every Restaurateur Should Avoid
Building a restaurant is an exciting venture but comes with its fair share of challenges. One of the most critical phases of restaurant development is the construction process. While it promises to turn your culinary dreams into reality, it’s also a stage where restaurateurs must tread carefully to avoid common pitfalls derailing their plans. Budget… Continue reading Navigating the Construction Process: Pitfalls Every Restaurateur Should Avoid
The Role of Group Purchasing Organizations (GPOs) in Your Restaurant’s Success
In the fast-paced world of restaurant management, keeping a close eye on operational costs while ensuring quality is crucial for long-term success. An effective strategy to strike this balance involves collaborating with a Group Purchasing Organization (GPO). A GPO acts as an intermediary between businesses and suppliers, leveraging the collective buying power of its members… Continue reading The Role of Group Purchasing Organizations (GPOs) in Your Restaurant’s Success
Buying vs. Leasing Real Estate for Your Restaurant
Selecting the ideal location for a restaurant is a pivotal decision that can make or break its success. Yet, once you’ve decided to open a restaurant, another crucial choice looms large: Should you buy or lease the property? Each option has advantages and disadvantages, and your decision hinges on numerous factors, such as your financial… Continue reading Buying vs. Leasing Real Estate for Your Restaurant
Optimizing Your Restaurant’s Supply Chain
Efficient supply chain management is the backbone of a successful restaurant operation. From sourcing ingredients to delivering delicious dishes to customers, every step in the supply chain plays a crucial role in your restaurant’s overall success. Optimizing this process can save costs, reduce waste, improve quality, and enhance customer satisfaction. Step 1: Analyze and Understand… Continue reading Optimizing Your Restaurant’s Supply Chain
Landlords Embrace Transformational Restaurant Entertainment Concepts
The world of real estate is witnessing a paradigm shift as landlords seek creative ways to attract tenants and visitors to their properties. Beyond the traditional shopping and dining offerings, a new trend has emerged: integrating transformational entertainment concepts. These immersive and experiential concepts transform commercial spaces into dynamic destinations catering to consumers of all… Continue reading Landlords Embrace Transformational Restaurant Entertainment Concepts