Hospitality Industry News
(Washington, D.C.)? Driven by higher same-store sales and an improving outlook among restaurant operators, the National Restaurant Association?s?Restaurant Performance Index?(RPI) hit a 10-month high in April.? The RPI ? a monthly composite index that tracks the health of and outlook for the U.S. restaurant
Hospitality Industry News
Restaurants are expected to add 448,000 jobs this summer season, a 4.5 percent increase over the?March 2013employment level, according to National Restaurant Association (NRA) projections.? The projected gain represents an improvement over the 2012 summer season. “Summer is the busiest season for restaurants in most parts of
Hospitality Industry News
Fast food and takeaways in Chinese market hit RMB 1 Trillion in 2012 report New Mintel report predicts significant growth, but survey results show fast food outlets face challenges amid shifting consumer priorities NEW YORK, May 23, 2013 – According to a new report released today by market insight leader Mintel,
Hospitality Industry News
CHICAGO, May 19, 2013 – The National Restaurant Association has announced the winners of the second annual Operator Innovations Awards, with Kennesaw State University taking home the prestigious Innovator of the Year award. Selected by an independent panel of expert judges, the winners were recognized for their achievements in driving advancement
Hospitality Industry News
In April 2010, Christopher Hache and his new team reopened Les Ambassadeurs restaurant. Just one short year later, it is with great joy and pride that H?tel de Crillon announces its first Michelin star. Having learned his trade among some of the most illustrious French chefs, including Eric Fr?
Hospitality Industry News
A survey of 166 restaurant managers reveals a mixed picture in their use of social media and its impact on operations. Although many restaurants are using social media, the study found that many restaurateurs lack well-defined social media goals, both in terms of the purpose of the restaurants? social
Hospitality Industry News
First-Quarter 2013 Summary Highlights from the first quarter included the following: * Consolidated revenues increased to $603.7 million in the first quarter of 2013, compared to $593.2 million in the first quarter of 2012. * Wendy?s? North America Company-operated restaurants generated a same-store sales increase of
Hospitality Industry News
1We’d been warned. A looming shortage of wine grapes caused grape prices to jump last year, and wine prices were sure to follow. Now a new report shows that prices for wines by the glass at restaurants have steadily increased during the past six months as wine inventories shrink.
Restaurants
30 April, 2013, Hong Kong and Macau —- Renowned for its attentive ?Asian Heart? service, StarWorld Macau is dedicated to promoting Asian culture and a premium dining experience at affordable prices for its guests. Its round-the-clock Asian restaurant, Sensations, launched a ?Four Major Chinese Cuisines? series in March, featuring
Hospitality Industry News
DUBLIN, OHIO ? The Wendy?s Company (NASDAQ: WEN) today announced the declaration of its regular quarterly cash dividend of $0.04 per share, payable on June 17, 2013 to stockholders of record as of June 3, 2013. As of March 31, 2013, The Wendy?s Company had approximately 393 million
Hospitality Industry News
1HONG KONG, April 30, 2013 /PRNewswire/ — After seven years waiting in the wings, the Roca brothers have claimed the coveted number one spot on?1?list, sponsored by S.Pellegrino & Acqua Panna. El Celler de Can Roca in Girona has long been hailed as one of Spain’s most
Hospitality Industry News
SEATTLE, April 25, 2013 – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal second quarter and 26-week fiscal year to date ended March?31, 2013. Fiscal Second Quarter 2013 Highlights: * Total net revenues increased 11% to $3.6 billion * Global comparable store sales grew 6%