In the writing and marketing world, we commonly use the phrase, “Content is king.” Over two decades ago, Bill Gates spoke those now-famous words. This phrase refers to the ability of high-quality and relevant writing to draw traffic and interest to your business, website, or organization. In restaurants, a well-known phrase is, “Consistency is King.”… Continue reading Consistency is King: The Importance of Reliability in the Restaurant Industry
Tag: restaurant industry
The Top 100 Independent Restaurants
Recently, Restaurant Business came out with the top 100 independent restaurants in America. This ranking reflects those with the highest earnings and, of course, independently owned. So, what is it about these restaurants that brought them such great success? What unique experience, food, or aesthetics do they offer? How many units do they have, and… Continue reading The Top 100 Independent Restaurants
The Impact of Formula 1 Racing on Las Vegas and the Restaurant Industry
For the restaurant industry, it has officially come and gone and feels a little like the holidays. All the intensity builds up to the long-awaited day, and it’s over. We’re referring, of course, to the Formula 1 Las Vegas Grand Prix that took place on November 18. While the buildup included some customer relation headaches… Continue reading The Impact of Formula 1 Racing on Las Vegas and the Restaurant Industry
State of the Restaurant Industry: Downtown Traffic, Wages, and Foodie Hotspots
On November 14, 2023, Square released the newest edition of its quarterly Restaurant Industry Report. The restaurant POS system and software provider used data from their food and beverage sellers to establish trends in consumer spending, wages, operations, marketing strategies, and more. Thanksgiving Offerings According to Square, restaurants are leaning into the continued demand for… Continue reading State of the Restaurant Industry: Downtown Traffic, Wages, and Foodie Hotspots
Formula 1 Racing Coming to Las Vegas In November
It’s coming. Can you feel it? If you’re in Las Vegas, you definitely know that Formula 1 has arrived. From November 16 – 18, attendees will experience an unforgettable race, with Formula 1 race cars cutting right through the heart of the Las Vegas Strip, racing past the Bellagio, the Venetian, and Caesars Palace at… Continue reading Formula 1 Racing Coming to Las Vegas In November
Become Inspired by the Top Independent Restaurant Groups in America
Recently, Nation’s Restaurant News and Technomic came out with the most influential restaurant groups in America. These represent the largest restaurant groups based on unit count—upscale and fine-dining multi-concept brands walking the fine line between operating as major chains and the independence of, well, independents. Let’s explore the top contenders and how they ascended. Tao… Continue reading Become Inspired by the Top Independent Restaurant Groups in America
Is 2023 the Year of the Restaurant IPO?
What happens when a restaurant that’s been operating at a loss for several years goes public? If you’re the restaurant chain Cava Group Inc., your shares rise 99%, creating one of the best trading debuts since 2021 and the sixth-largest of 2023. What prompted the explosion? Cava, a Mediterranean restaurant chain, demonstrated strong growth, shrinking… Continue reading Is 2023 the Year of the Restaurant IPO?
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
How Restaurants Make It Through the First Year
If you’ve done your research, you know that the restaurant industry is not for the faint of heart. According to the National Restaurant Association, about 1-in-3 fail the first year. Compared to small businesses in the U.S. that experience 1-in-5 closures, you’ve got about a 10% greater chance of going belly up in our illustrious… Continue reading How Restaurants Make It Through the First Year
Florida’s Summer Restaurant Scene in 2023
Can you feel it? The days are warming, the flowers are blooming, and before you know it, it will be time to head to your favorite summer hotspots. For many people, one of those spots is Florida. According to Forbes, over 137 million people visited the Sunshine State in 2022, the most visitors in the… Continue reading Florida’s Summer Restaurant Scene in 2023