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10 Restaurant Industry Trends to Watch Out For in 2014

What's Cooking Up 10 Restaurant Industry Trends to watch out for in 2014 Predicting upcoming trends is quite a painstaking job. Moreover when it comes to forecasting what's to come for the restaurant industry, it's all the more daunting. categorizes the trends the restaurant industry has in store in 2014, into Culinary, Beverages, Marketing, Tech and Design. 10 Egg-ceptional Escapade 08 The Drinking Rituals Comeback Yes! 2014 will see the rise of eggs. Chefs are already starting to top America's favorite foods with eggs – on burgers and pizzas, for example. Classics such as Irish Coffee and Sake will make a comeback, but with an emphasis on traditional beverage presentation. 09 Brazilian Blow 07 Interesting Syrups Consumers will want to experience Brazil's exotic flavors, smells and tastes, from Feijoada and Salgadinhos (Brazilian tapas) to Caipirinha, the national drink. The use of interesting and flavorful syrups from non-traditional sources, such as tree syrups, will be used more in drinks in 2014. Culinary Beverages Tech Marketing 06 Theme Nights 04 Increased interaction with guests via smartphones and other mobile devices, is a blooming trend in 2014. By attaching themes to develop a PR hook, restaurants are filling seats on slow days/nights. A tropical themed luau brunch with party flavors and tiki drinks, makes the meal an experience to O 90% of 18-29 year olds sleep with their mobile phone with them or next to them • People spend an average of 1.8 hours on their mobile devices as compared to 1.5 on their PC remember-and come back for! O Wireless Bluetooth, fingerprinting, and facial recognition technology will give customers the ability to pay their bill directly from their smartphones, significantly broadening their payment options in 2014. 05 Hispanics' spending power is expected to reach nearly $1.7 trillion by 2017, so serving this rapidly expanding community will be a key to restaurant growth. ... 03 Restaurants that make good use of digital and social media will win. - The most popular use of smartphones while traveling is for finding restaurants (36% for smartphone, 21% for tablets) and accessing social media (32% for smartphones, 19% on tablets) Design 9 9 in 10 restaurants say social media will become a more important marketing tool in 2014. 02 Food Markets Restaurateurs and developers are joining forces to create one-stop-shop food concepts, while also integrating new retail elements into the space. 01 Plush Aesthetic 2014 will see a shift from the harsh raw metals and raw timbers (rough aesthetic), to smooth leathers and deep color tones (plush aesthetic). 2014 Restaurant Industry Facts at a Glance: 1.2% $683.4 billion: Restaurant industry sales- Eateries will pull in more than $683.4 billion in revenue in 2014, that's a 3.6% nominal increase and 1.2% real boost year over year. $683.4 billion 3.6% 90,000 990,000: Restaurant locations in the United States - Typically, restaurant sales average $1.8 billion per day. With more and more locations opening up, people will be enticed to check out even more restaurants in 2014. $1.8 billion 13.5 million: Restaurant industry employees - The industry will continue to be the nation's 2nd largest private employer, employing 13.5 million individuals or 10% of the total workforce. 47%: Restaurant industry share of the food dollar - Roughly 93% of consumers enjoy eating out, and the restaurant industry takes in a 47% share of all food-dollar expenditures. 93% 8 in 10: Restaurant owners who started their careers in entry-level positions – Owners said restaurants provided them a unique opportunity to work up the career ladder from entry-level job to management. $849,000 $753,000 7 in 10: Restaurants that are single-unit operations - Average unit sales in 2010 were $849,000 at full service restaurants and $753,000 at quick service restaurants. 2$ S BUY ONLINE. SAVE MONEY. 308

10 Restaurant Industry Trends to Watch Out For in 2014

shared by gmagnone on May 01
Predicting upcoming trends is quite a painstaking job. Moreover when it comes to forecasting what's to come for the restaurant industry, it's all the more daunting., a leader in supplyi...


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