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5 Important Restaurant Industry Trends (2022-2024)

https://explodingtopics.com/blog/restaurant-industry-trends

The global food automation market is predicted to grow at an annual rate of 9.5% over the next five years. By 2027, it’s expected to be worth $29.4 billion. Most of this value is in large-scale food processing and …


Restaurant Industry 2030 | National Restaurant Association

https://restaurant.org/research-and-media/research/research-reports/restaurant-industry-2030/

Present-day predictions set you up for future success. The National Restaurant Association has been at work consulting industry experts, conducting research and compiling …


Restaurant Industry Outlook For 2022: Five Trends To …

https://www.forbes.com/sites/forbesbusinesscouncil/2021/11/10/restaurant-industry-outlook-for-2022-five-trends-to-watch/

According to an article by Boston Consulting Group, “Delivery’s market share jumped from 7% in 2019 to about 20% in 2020. Across the industry, digital ordering now …


10 Restaurant Trends for 2022: Top Forecasts & What …

https://financesonline.com/restaurant-trends/

In January 2021 alone, 372,000 restaurant employees in the US lost their jobs (Restaurant Business, 2021). On average, the industry’s yearly turnover rates range from 100% …


15 Hospitality Trends for 2022/2023: Future Forecasts …

https://financesonline.com/hospitality-trends/

Reports say that 15% of Generation Z will choose an Airbnb while 57% will choose a hotel (Unidays). When planning a trip, 77% of Gen Z travelers are open to help and inspiration …


Must-Know Hospitality Trends for the Next 5 Years

https://www.socialtables.com/blog/hospitality/hospitality-industry-trends/

Look for these 4 hospitality trends in the next 5 years: 1. Millennials have spoken: sustainability is the future for hotels. As of 2019, Millennials have officially overtaken Baby Boomers in the U.S. …


The 10 Best Restaurants In The World To Visit In The …

https://www.thezoereport.com/p/the-10-best-restaurants-in-the-world-to-visit-in-the-next-5-years-18497974

Located in the Marmara Pera hotel, Mikla sits atop an 18-floor terrance where the view of Istanbul is as delicious as the dishes. Here, the Scandinavia-born, USA-trained chef …


5 Potential Threats To Restaurants In The Future

https://restaurantden.com/5-potential-threats-to-restaurants-in-the-future/

Rise in Food Prices. Price uncertainties affect everyone within the food industry from the supplier and producer right through to the restaurant owners and ultimately the customer. Many things …


Experts Predict The Food Trends That'll Be Huge By 2025

https://www.delish.com/food/a30676238/food-trends-next-decade/

Pumpkin spice was just a new Starbucks flavor, not yet a way of life. As 2020 gets going—the start of a brand new decade—we wanted set out to discover what the next five …


Economic Predictions for the Next 5 Years | ThinkAdvisor

https://www.thinkadvisor.com/2021/09/17/10-economic-predictions-for-the-next-5-years-northern-trust/

U.S. equities should end 2021 up around 4.7%, but going forward, it will be closer to 4.3% annualized over five years. Global equity markets will be around 4.6% annualized over a …


What The Future Of Restaurants Will Look Like Post-Pandemic

https://www.huffpost.com/entry/future-of-restaurants-post-pandemic_l_6064953bc5b6a38505e19b74

Riehle said 2020 ended with an estimated $240 billion less sales than 2019 — a 19.2% decrease — and that 2 million restaurant workers remain out of work, even though the …


9 restaurant industry trends in 2022 - joinposter.com

https://joinposter.com/en/post/restaurant-trends

The food and beverage industry faces constant change and various challenges but that hasn’t stopped the industry from flourishing. The 2019 worth of the restaurant industry is …


Restaurant industry projected to grow 50% over the next decade

https://www.restaurantbusinessonline.com/financing/restaurant-industry-projected-grow-50-over-next-decade

In 1978, 9.7 million restaurant employees were 16 to 19, and just 3.1 million were over 65. By last year, those numbers had mostly reversed: 5.9 million teens were in the …


This Is What The Future Of Hotels Looks Like. Get Ready For

https://www.forbes.com/sites/petertaylor/2020/05/12/this-is-what-the-future-of-hotels-looks-like-get-ready-for-shrink-wrap-and-health-detectors/

18 years later, Fuerstman now runs seven exclusive luxury resorts and hotels and a $3 billion a year brand, Montage International, that also includes a luxury residential real …


What the Future of Restaurants Might Look Like - Bloomberg.com

https://www.bloomberg.com/news/storythreads/2020-05-27/what-the-future-of-restaurants-might-look-like

By The Numbers. 1.5 million The number of restaurant jobs still not recovered from pre-Covid levels. $290 billion Estimated losses to restaurant industry from March 2020 to April …


Top Restaurant & Foodservice Industry Trends for 2022

https://www.webstaurantstore.com/blog/2214/top-foodservice-trends.html

Top Foodservice Trends of 2022. Dining standards evolved at a slow pace for many years until the pandemic upended the industry and ushered in a new era for foodservice and hospitality. …


It Will Take Years for the Restaurant Industry to Recover

https://www.fsrmagazine.com/consumer-trends/it-will-take-years-restaurant-industry-recover

To put this in perspective, limited-service restaurant sales increased at a 6.9 percent CAGR over the last three years. That’s nearly twice the rate (3.6 percent) of full-service venues. Rabobank …


Why the delivery market will look different in 5 years - Restaurant …

https://www.restaurantdive.com/news/why-the-delivery-market-will-look-different-in-5-years/546936/

The next five years for delivery will look a little different than delivery’s early days. Right now, the delivery market also is still in a novelty stage, where customers are paying for …


12 Restaurant Chains Ready to Grow in 2021 and Beyond

https://www.qsrmagazine.com/content/12-restaurant-chains-ready-grow-2021-and-beyond

The industry veteran, who's helped grow brands such as Dairy Queen, Popeyes, and Sonic Drive-In, plans to help Pollo Campero open more than 250 restaurants in the next five years. The …


The Future of Restaurants Survey 2021 | Deloitte US

https://www2.deloitte.com/us/en/pages/consumer-business/articles/restaurant-future-survey-technology-customer-experience.html

The restaurant of the future arrives ahead of schedule. We conducted consumer surveys both before and after the emergence of COVID-19, which has made it possible to measure existing …


Kitchen United charts path to 500 locations in next 5 years

https://www.restaurantbusinessonline.com/technology/kitchen-united-charts-path-500-locations-next-5-years

Kitchen United charts path to 500 locations in next 5 years. A fresh $100 million from a group of strategic partners is expected to fuel what amounts to a 17-fold increase in the …


How the restaurant industry can thrive in the next normal | McKinsey

https://www.mckinsey.com/industries/retail/our-insights/how-restaurants-can-thrive-in-the-next-normal

In scenario A3, restaurant sales return to precrisis levels in early 2021. In scenario A1, full recovery to pre-COVID-19 sales takes three years longer. The trajectories also differ by …


What Retail Will Look Like In 5 Years | Inc.com

https://www.inc.com/jeff-barrett/what-retail-will-look-like-in-5-years.html

The Future Will Be Curated. Don't quote me on that one million figure but it seems close. Bombfell, Stitch Fix, Trunk Club all curate clothing for busy Millennials who don't have …


Where Will Starbucks Be in 5 Years? | The Motley Fool

https://www.fool.com/investing/2020/12/09/where-will-starbucks-be-in-5-years/

The company does not make profit projections five years into the future. Still, for fiscal 2021, it predicts non-GAAP EPS of between $2.70 and $2.90. This would take earnings …


Chain Restaurant Closings: The Complete List - MoneyWise

https://moneywise.com/life/food/these-restaurant-chains-are-closing-2020

A hamburger was added to the menu five years later, and a family-friendly restaurant was born. At one time there were more than 500 Friendly's, but by the start of 2019 …


THE FUTURE OF DINING OUT: A CURIOUS LOOK INTO THE NEXT …

https://www.linkedin.com/pulse/future-dining-out-curious-look-next-5-years-tgpinternational/

“Fast forward 5-10 years and imagine in-gaming dining and pop-up restaurant spaces, decentralized digital worlds with new restaurant openings, and menus that can be …


What Are Mortgage Interest Rate Price Predictions for the Next 5 …

https://investorplace.com/2022/05/what-are-mortgage-interest-rate-price-predictions-for-the-next-5-years/

Here are the site’s expert predictions for where mortgage rates could be headed. For context, the current 30-year fixed mortgage rate is at 5.25%, slightly lower than that of …


Beloved Restaurant Chains We Might Sadly Lose In 2021

https://www.mashed.com/272571/beloved-restaurant-chains-we-might-sadly-lose-in-2021/

Facebook. Steak 'n Shake has been around for the better part of a century, but entering 2021, its days seem numbered. The restaurant chain known for its "steakburgers" and …


More change to come in the food industry in the next 10 years …

https://www.foodnavigator-usa.com/Article/2019/01/22/More-change-to-come-in-the-food-industry-in-the-next-10-years-than-in-the-last-50-says-Accenture-Strategy

According to Edge by Ascential's annual consumer report, Amazon's online grocery sales exceeded $3bn in 2018, growing 45% year-over-year. Consumers are seeking out new …


Pancheros plans 70 new restaurants in next 5 years

https://www.thegazette.com/news/pancheros-plans-70-new-restaurants-in-next-5-years/

Pancheros Mexican Grill has big plans to expand in coming years - more than doubling its number of locations by 2019. The Coralville-based company plans to open 16 …


5 Bankrupt Restaurant Chains That Have Been Revived This Year

https://www.eatthis.com/news-bankrupt-restaurant-chains-revived-2021/

Cici's Pizza. Shutterstock. There's no pizza buffet quite like Cici's, and for a moment, even that one was at risk of disappearing. The brand both filed for bankruptcy and …


6 Economic Predictions for the Next 5 Years: Northern Trust

https://www.thinkadvisor.com/2022/09/19/6-economic-predictions-for-the-next-5-years-northern-trust-2/

Northern Trust forecasts 6% annualized returns for U.S. stocks over the next five years compared with more than 11% annualized for June 2017 through June 2022. The firm …


How the restaurant industry has changed over the past 10 years?

https://www.lightspeedhq.com/blog/how-has-the-restaurant-industry-has-changed-over-the-past-10-years/

Share Post. The restaurant industry has undergone tremendous changes over the past few years, in no small part due to the same factors affecting most other industries — …


The 5 Real Estate Forecast Next 5 Years | Mashvisor

https://www.mashvisor.com/blog/real-estate-forecast-next-5-years/

Forecast #1: Mortgage Rates Will Go Beyond 6%. As we have already mentioned in the previous section, industry experts are anticipating that mortgage rates are most likely to hit …


Restaurant Chains That Might Be Closing In 2020 - Mashed.com

https://www.mashed.com/178923/restaurant-chains-that-might-be-closing-in-2020/

Luby's has been a Texas institution for over 65 years, but has recently seen sales decline and its restaurants close.In July, the brand — which also owns struggling chains …


5 Big Retailers That’ll Be Gone in 5 Years - Yahoo!

https://finance.yahoo.com/blogs/breakout/5-retailers-ll-gone-5-years-125839002.html

In the attached video Brian Sozzi, CEO of Belus Capital Advisors, runs through five retailers that are household names today but will be non-existent five years from now. 1. J.C. …


800 Degrees Go, REEF to open 500 units in next 5 years - Pizza …

https://www.pizzamarketplace.com/news/800-degrees-go-reef-to-open-500-units-in-next-5-years/

April 28, 2022. Pizza company 800 Degrees Go and REEF, a delivery and ghost kitchen concept, are planning to open 500 800 Degrees Go locations over the next five years, …


What will the grocery business look like in 5 years?

https://www.brickmeetsclick.com/what-will-the-grocery-business-look-like-in-5-years-

Amazon and the growth of hard discounters are going to suck a lot of oxygen out of the grocery market in the next 5 years, but by far the biggest and most ominous wild card is …


How the Next Five Years Will Revolutionize Business - Entrepreneur

https://www.entrepreneur.com/growing-a-business/how-the-next-five-years-will-revolutionize-business/240638

Diamandis: Over the next five years, we'll go from 2.5 billion people online to upward of. 5 billion to 7 billion online. These people represent a long tail of the economy, and …


Predicting what NYC will look like five years down the road - New …

https://nypost.com/2022/06/11/predicting-what-nyc-will-look-like-five-years-down-the-road/

From driverless buses and mom-and-pop pot stores to off-shore power stations and (hopefully) safer streets, experts reveal how the city might look in five years. Primary Menu …


3 Important Restaurant Technology Trends for the Next 5 Years

https://blog.playerlync.com/3-important-restaurant-technology-trends-for-the-next-5-years

And restaurant owners are catching on. A 2017 report from Toast found that 78% of restaurant owners make it a point to check their metrics and finances on a daily basis, up …


24 fast-food and restaurant chains you might see less of in 2021

https://www.businessinsider.com/fast-food-restaurant-chains-less-of-in-2021-2020-5

Burger King reported plans to close up to 250 restaurants in 2019, with closures coming into effect this year and over the next few years. According to Restaurant Business, …


3 Stocks to Double Your Returns in the Next 5 Years

https://www.fool.com/investing/2021/07/15/3-stocks-to-double-your-returns-in-the-next-5-year/

In the meantime, analysts forecast Amazon will grow earnings at almost 38% annually for the next five years, meaning it will double profits in about four and a half years. …


Gold Price Predictions for Next 5 and 10 Years - Gold Alliance

https://goldalliance.com/blog/market-insights/gold-price-predictions-for-the-next-5-and-10-years/

In the event that a massive market crash occurs, the price of gold could soar as high as $5000 per ounce in just 5 years. According to David Lennox of fund management …


Where do you see yourself in five years? - MockQuestions

https://www.mockquestions.com/interview/Common+Interview+Questions/Where-do-you-see-yourself-in-five-years-3306049.html

Sales Example. "In five years, I would like to be seen as a sales leader in the SaaS industry. I plan to be well-connected and trusted regarding the work and results that I bring to …


Covid's devastating toll on restaurants: 2.5 million jobs lost - CNBC

https://www.cnbc.com/2021/01/26/restaurant-industry.html

More than 110,000 eating and drinking establishments closed last year, either temporarily or for good, and 2.5 million restaurant industry jobs disappeared, according to a …


The Next Five Years in Online Grocery: Going Mainstream, Fast

https://www.bain.com/insights/the-next-five-years-in-online-grocery-snap-chart/

The Next Five Years in Online Grocery: Going Mainstream, Fast. Demand for online grocery has surged during the pandemic, outstripping the delivery and in-store collection …


Where Do You See Your Career Going In The Next 5 Years?

https://www.selectek.com/2020/07/31/where-do-you-see-your-career-going-in-the-next-5-years/

July 31, 2020. 10:30 pm. There are some questions you will hear nearly every time you are in the interview hot seat. “Where do you see your career going in the next five years,” is …


The Roof restaurant celebrates 5 years in Sugar Land

https://communityimpact.com/houston/sugar-land-missouri-city/dining/2022/10/11/the-roof-restaurant-celebrates-5-years-in-sugar-land/

Sugar Land restaurant and lounge The Roof celebrated five years of business in October. Located atop the third floor at 1531 Hwy. 6, The Roof has provided a panoramic view …

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