Restaurant Trends - Growing And Emerging Concepts - Change and Activity August 19, 2014
Update from Restaurantchains.net on growing and emerging restaurant concepts
The F&B STAR is a vital revenue management tool that provides a detailed look at a propertys key performance indicators, including revenue per available square foot/meter, revenue per available seat and revenue per occupied room, against a chosen competitive set as well as the local market.
Though weekends remain a popular time for restaurant dining, Thursday night dining out increased in popularity by more than 10 percent during the summer season, while Friday (down three percent) and Saturday (down eight percent) saw a slight decline.
Craft beer and hard cider are on the fast track in restaurants and bars today, but Technomic's recently completed On-Premise Craft Beer & Cider study reveals that all is not as it seems with these trending beverages.