Union Square Hospitality Group's decision to eliminate tipping at its 13 full-service restaurants and instead raise prices may have significant implications for full-service restaurants across the U.S.
Welcome to the age of now! Technology is enabling the impulsive tendencies of our culture. This effect has been seen in many markets - taxis, hotels reservations, apartment rentals, angel investments... and now beverage alcohol. This deck talks about the trend and how wineries can get involved.
10 Catering Trends for Business Events in 2015Eason Chan
In a world of competition where business and brand names are at stake, many catering companies are taking their ingenuity to new heights which in turn has lead to more innovative ways of catering business events. Here are the 10 catering trends to use that will help make people remember your event. Shared by: http://rasacatering.sg/
Man eats to live and not that he lives in order to eat, thus food is considered one of the basic necessities of human beings. Though the choices and preferences differ, there are some common foods that are consumed in larger quantities than others all over the world. This is a ranking of the top ten most eaten foods in all the continents of the world.
Shared by: http://rasacatering.sg/
서울국제 조리학교 & 학원전에 대한 소개 및 참가 안내입니다.
식품산업의 발전을 위해 산업별 각 분야에 근간이 되는 교육기관들을 소개하고, 이를 통해 식품산업에 좋은 인재들이 모일 수 있는 계기를 마련하는 전시회입니다.
식품 산업 및 교육 관련 전문대학, 4년제 대학, 전문 조리학교, 전문 조리학원, 해외 조리전문업체 및 정부기관 및 단체, 조리관련 미디어 등의 많은 참여를 바랍니다.
Meetings don’t happen only inside the traditional meeting room. Business lunches are a great opportunity to discuss and close deals. The more relaxing setting and a tasty meal are a good combination for success.
However, beware of the differences between a business and a informal lunch with friends. Here are some tips about what to do and what not to do during a business lunch.
Top 5 Mediterranean Greek Salad - Enjoy the world’s healthiest dietCressida Joy
Enjoy the world’s Top healthiest diet with these delicious Mediterranean recipes for side dishes and salads. Our healthy tuna salad recipes, Greek salad recipes, tomato salad recipes and more Mediterranean recipes are full of ingredients from the world’s healthiest diet, including fruits, vegetables, seafood, olive oil and small additions of meat for added flavor. Try our Toasted Pita & Bean Salad for a filling side dish or our Spanish-Inspired Tomato Salad for a colorful way to showcase your fresh tomatoes.
Check out more greek recipes from: http://www.yolenis.us/en_us/recipes.html
The Griffin Farley Search for Beautiful Minds in New York City is an advertising strategy and planning bootcamp program created and managed by BBH NY. I spent the weekend masterclass with 44 other aspiring planners from the US and beyond. My team and I created a strategy for the business, KitchenSurfing and were selected to be 1 of the 4 Finalist presenters out of 11 teams to present to a room of 200+ at Google NY.
Our hearts are still pounding and pulse still racing from this beautiful experience.
Jollibee Philippines, Infographic by PayrollHeroPayrollHero
http://www.goo.gl/DUisqE - Jollibee Philippines, the largest food and beverage company in the Philippines. Check out just exactly how big they are. PayrollHero ~ http://www.goo.gl/DUisqE
Traveling to Paris anytime soon? If you’re an international business traveler you might be. In 2011, Concur reported that Paris was among the top 10 international destinations for business travelers. We’re tapping into our international network of coworkers, frequent travelers, clients and friends to find hometown recommendations that will make you feel like you live there. Here’s a short list for Paris! https://www.concur.com/blog/
A Simple Facebook Marketing Guide for Food and Beverage BrandsStrutta
In this simple Facebook marketing guide for Food and Beverage brands, you'll find the following:
1. How to audit your Facebook Page in 20 seconds
2. How to assess your current situation
3. How to set a solid Facebook marketing strategy and calendar
4. Which promotions to run for your objectives
5. Examples and case studies from savvy non profits
6. Tips and best practices for success
From Strutta, your 'Enter to Win' contest and social media promotion experts. Facebook Preferred Marketing Developers.
Most Fascinating Food in Vietnam You Must TryDang Nguyen
Vietnamese cuisine encompasses the foods and beverages of Vietnam, and features a combination of five fundamental taste elements in the overall meal. Each Vietnamese dish has a distinctive flavor which reflects one or more of these elements. In general, traditional Vietnamese cooking is greatly admired for its fresh ingredients, minimal use of oil, and reliance on herbs and vegetables. With the balance between fresh herbs and meats and a selective use of spices to reach a fine taste, Vietnamese food is considered one of the healthiest cuisines worldwide.
If I Were in Charge of Marketing at Blue ApronJon Clark
I'm a big fan of Blue Apron - and a big fan of startups in general. Recently I had a chance to talk with the founders and discuss how they might improve their marketing at Blue Apron across all channels.
While this is far from comprehensive, I touched on a handful of things they could improve immediately as it relates to SEO, SEM (Adwords), Social (Facebook, YouTube), E-mail and the website in general.
This infographic from Symrise NA explores snacking among Latinos in the United States. This infographic explores food, beverage, and flavor trends and covers salty snacks, sweet snacks, consumption habits, and key factors for purchasing snacks.
Looking for more content like this? Visit http://in-sight.symrise.com
For more information contact Symrise NA (dylan.thompson@symrise.com)
Welcome to the age of now! Technology is enabling the impulsive tendencies of our culture. This effect has been seen in many markets - taxis, hotels reservations, apartment rentals, angel investments... and now beverage alcohol. This deck talks about the trend and how wineries can get involved.
10 Catering Trends for Business Events in 2015Eason Chan
In a world of competition where business and brand names are at stake, many catering companies are taking their ingenuity to new heights which in turn has lead to more innovative ways of catering business events. Here are the 10 catering trends to use that will help make people remember your event. Shared by: http://rasacatering.sg/
Man eats to live and not that he lives in order to eat, thus food is considered one of the basic necessities of human beings. Though the choices and preferences differ, there are some common foods that are consumed in larger quantities than others all over the world. This is a ranking of the top ten most eaten foods in all the continents of the world.
Shared by: http://rasacatering.sg/
서울국제 조리학교 & 학원전에 대한 소개 및 참가 안내입니다.
식품산업의 발전을 위해 산업별 각 분야에 근간이 되는 교육기관들을 소개하고, 이를 통해 식품산업에 좋은 인재들이 모일 수 있는 계기를 마련하는 전시회입니다.
식품 산업 및 교육 관련 전문대학, 4년제 대학, 전문 조리학교, 전문 조리학원, 해외 조리전문업체 및 정부기관 및 단체, 조리관련 미디어 등의 많은 참여를 바랍니다.
Meetings don’t happen only inside the traditional meeting room. Business lunches are a great opportunity to discuss and close deals. The more relaxing setting and a tasty meal are a good combination for success.
However, beware of the differences between a business and a informal lunch with friends. Here are some tips about what to do and what not to do during a business lunch.
Top 5 Mediterranean Greek Salad - Enjoy the world’s healthiest dietCressida Joy
Enjoy the world’s Top healthiest diet with these delicious Mediterranean recipes for side dishes and salads. Our healthy tuna salad recipes, Greek salad recipes, tomato salad recipes and more Mediterranean recipes are full of ingredients from the world’s healthiest diet, including fruits, vegetables, seafood, olive oil and small additions of meat for added flavor. Try our Toasted Pita & Bean Salad for a filling side dish or our Spanish-Inspired Tomato Salad for a colorful way to showcase your fresh tomatoes.
Check out more greek recipes from: http://www.yolenis.us/en_us/recipes.html
The Griffin Farley Search for Beautiful Minds in New York City is an advertising strategy and planning bootcamp program created and managed by BBH NY. I spent the weekend masterclass with 44 other aspiring planners from the US and beyond. My team and I created a strategy for the business, KitchenSurfing and were selected to be 1 of the 4 Finalist presenters out of 11 teams to present to a room of 200+ at Google NY.
Our hearts are still pounding and pulse still racing from this beautiful experience.
Jollibee Philippines, Infographic by PayrollHeroPayrollHero
http://www.goo.gl/DUisqE - Jollibee Philippines, the largest food and beverage company in the Philippines. Check out just exactly how big they are. PayrollHero ~ http://www.goo.gl/DUisqE
Traveling to Paris anytime soon? If you’re an international business traveler you might be. In 2011, Concur reported that Paris was among the top 10 international destinations for business travelers. We’re tapping into our international network of coworkers, frequent travelers, clients and friends to find hometown recommendations that will make you feel like you live there. Here’s a short list for Paris! https://www.concur.com/blog/
A Simple Facebook Marketing Guide for Food and Beverage BrandsStrutta
In this simple Facebook marketing guide for Food and Beverage brands, you'll find the following:
1. How to audit your Facebook Page in 20 seconds
2. How to assess your current situation
3. How to set a solid Facebook marketing strategy and calendar
4. Which promotions to run for your objectives
5. Examples and case studies from savvy non profits
6. Tips and best practices for success
From Strutta, your 'Enter to Win' contest and social media promotion experts. Facebook Preferred Marketing Developers.
Most Fascinating Food in Vietnam You Must TryDang Nguyen
Vietnamese cuisine encompasses the foods and beverages of Vietnam, and features a combination of five fundamental taste elements in the overall meal. Each Vietnamese dish has a distinctive flavor which reflects one or more of these elements. In general, traditional Vietnamese cooking is greatly admired for its fresh ingredients, minimal use of oil, and reliance on herbs and vegetables. With the balance between fresh herbs and meats and a selective use of spices to reach a fine taste, Vietnamese food is considered one of the healthiest cuisines worldwide.
If I Were in Charge of Marketing at Blue ApronJon Clark
I'm a big fan of Blue Apron - and a big fan of startups in general. Recently I had a chance to talk with the founders and discuss how they might improve their marketing at Blue Apron across all channels.
While this is far from comprehensive, I touched on a handful of things they could improve immediately as it relates to SEO, SEM (Adwords), Social (Facebook, YouTube), E-mail and the website in general.
This infographic from Symrise NA explores snacking among Latinos in the United States. This infographic explores food, beverage, and flavor trends and covers salty snacks, sweet snacks, consumption habits, and key factors for purchasing snacks.
Looking for more content like this? Visit http://in-sight.symrise.com
For more information contact Symrise NA (dylan.thompson@symrise.com)
The food service industry has changed irrevocably this year. Between a global pandemic forcing so many restaurants to close forever and Generation Z entering adulthood in quarantine, the market has adapted to the new normal and businesses need to pivot accordingly to stay relevant in consumers’ minds.
Though food delivery businesses have become a trend, the brands have to face various hurdles. What are these challenges faced by the food delivery businesses? And what are the perfect solutions to it? This blog will explain in detail how startups, small businesses, and established brands can easily handle these challenges.
Can Billing Partner Help Improve Your Revenue.pptxOmniMD
Increasing the number of new patients while retaining current patients is vital to the success of any physician’s practice. But, unless that practice receives steady, profitable cash flows throughout most revenue cycles,contact us at https://www.omnimd.com
Can Billing Partner Help Improve Your Revenue.pptxOmniMD
Can a Billing Partner Help Improve Your Revenue Increasing the number of new patients while retaining current patients is vital to the success of any physician's practice. But, unless that practice receives steady, profitable cash flows throughout most...
Can Billing Partner Help Improve Your Revenue.pptxOmniMD
Increasing the number of new patients while retaining current patients is vital to the success of any physician’s practice. But, unless that practice receives steady, profitable cash flows throughout most revenue cycles,contact us at https://www.omnimd.com
The State of Restaurants-2022-annual-report.pdfAdamBilliot2
If you are a restaurant owner or involved in the restaurant industry then these statistics may be of interest to you. Learn how the pandemic may have affected the restaurant industry and market. Restaurant owners will find this report quite interesting and may not reveal what you think.
Asia's major economies, China and Japan, are poised for a year of slowing growth and central bank transitions. Elsewhere in the region, the outlook is more mixed and in most of ASEAN, tepid private demand will keep rate hikes off the table.
Asia will power the next stage of environmental, social and
governance (ESG) uptake in 2018 as China is poised to join Japan
in accelerating disclosure and engagement. China’s pollution
battle will keep the heat on fighting carbon emissions globally,
even as the U.S. disengages.
Election results in the U.S. and U.K., and 2017 elections in several European countries, may fuel more of an inward focus, tamping down aggressive climate-change goals and other environmental, social and governance (ESG) efforts.
Specialty pharmaceutical-generic companies that expanded pipelines through M&A and revenue through price increases are now facing scrutiny on the sustainability of the traditional model and looking toward more investment in R&D.
The base metals with the biggest price gains in 2016 have
been the ones that underwent sizable production cuts in 2015,
especially zinc. The tailwinds behind precious metals that supported prices in 2016 will only grow in 2017.
Channel checks in China’s metal marketsBloomberg LP
Rising supply of late-cycle commodities, including copper and
aluminum, together with uncertain Chinese demand may continue to weigh on metal prices this year.
Chains that embrace technology fare best in restaurant warsBloomberg LP
Domino’s, Starbucks and Taco Bell are embracing technology
to gain market share over rival restaurant chains that have
been slower to adapt and independents that can’t afford to.
2016 Election: Who will win the TV ad races?Bloomberg LP
While political TV ad forecasts vary, 2016 may set a record. Experts agree that this will be the biggest year for political ads on TV, even with $1 billion in estimated digital spending.
Global cable & satellite: 2016 outlookBloomberg LP
M&A continues to be a key theme across the U.S. pay-TV market. European pay-TV operators proved their resilience amid rising competition in 2015 as industry video losses were contained and the slowdown in broadband net additions was limited.
OPEC oil output will likely remain elevated in 2016 as U.S. volumes decline modestly, even with large cuts in capital spending and rigs. Refined product demand may increase 1% in 2016, after growth of about 3% in 2015 as low oil prices continue to stimulate demand and outrun efficiencies.
At Taste Of Middle East, we believe that food is not just about satisfying hunger, it's about experiencing different cultures and traditions. Our restaurant concept is based on selecting famous dishes from Iran, Turkey, Afghanistan, and other Arabic countries to give our customers an authentic taste of the Middle East
Piccola Cucina is regarded as the best restaurant in Brooklyn and as the best Italian restaurant in NYC. We offer authentic Italian cuisine with a Sicilian touch that elevates the entire fine dining experience. We’re the first result when someone searches for where to eat in Brooklyn or the best restaurant near me.
Key Features of The Italian Restaurants.pdfmenafilo317
Filomena, a renowned Italian restaurant, is renowned for its authentic cuisine, warm environment, and exceptional service. Recognized for its homemade pasta, traditional dishes, and extensive wine selection, we provide a true taste of Italy. Its commitment to quality ingredients and classic recipes has made it a adored dining destination for Italian food enthusiasts.
Ang Chong Yi Navigating Singaporean Flavors: A Journey from Cultural Heritage...Ang Chong Yi
In the heart of Singapore, where tradition meets modernity, He embarks on a culinary adventure that transcends borders. His mission? Ang Chong Yi Exploring the Cultural Heritage and Identity in Singaporean Cuisine. To explore the rich tapestry of flavours that define Singaporean cuisine while embracing innovative plant-based approaches. Join us as we follow his footsteps through bustling markets, hidden hawker stalls, and vibrant street corners.
Roti Bank Hyderabad: A Beacon of Hope and NourishmentRoti Bank
One of the top cities of India, Hyderabad is the capital of Telangana and home to some of the biggest companies. But the other aspect of the city is a huge chunk of population that is even deprived of the food and shelter. There are many people in Hyderabad that are not having access to
3. Union Square Hospitality Group’s decision to eliminate tipping
at its 13 full-service restaurants and instead raise prices may have
significant implications for full-service restaurants across the U.S.
CEO Danny Meyer said the company aims to boost pay for
staffers who don’t normally share in tips to waitstaff, such as
cooks, dishwashers and reservationists.
Labor, rent, credit card and tax expenses will likely jump
significantly, however, and the chain risks alienating customers
and its best waitstaff.
5. Eliminating tipping could be a way for full-service restaurants
to mitigate tax and legislative risks. The boost in hourly wages to
adjust for having no tips and keeping employees’ pay whole could
create breathing room against a barrage of municipal, state and
federal actions to adjust the minimum wage.
The move could also simplify record keeping and reduce the
risk of restaurants being audited and having to pay back FICA
(Federal Insurance Contributions Act) taxes on underreported
or unreported tips by employees.
7. A shift away from tipped wages in full-service restaurants could
translate into increased labor expenses, because higher hourly
rates would be needed to offset the loss of tips. The average
hourly wage for waiters in the U.S. was $10.40 in 2014, $8.27
more than the tipped minimum wage of $2.13.
This wage jump may be more than casual-dining chains could
offset with price increases. Operators will likely watch for how
employees and customers respond to Union Hospitality Group’s
decision to eliminate tipped wages.
9. Margins of heavily franchised full-service restaurant chains
DineEquity (99% franchised) and Denny’s (91%) are shielded
from the higher costs associated with a European-style
restaurant model that eliminates tipping and raises prices.
Franchisees would pay the higher labor, rent, credit card and tax
expenses that would likely result if the U.S. restaurant industry
adopts this system. Ruth’s Hospitality Group (55%), Buffalo Wild
Wings (53%) and Brinker (45%) also have a significant number of
franchised stores.
11. Restaurant rents may rise if full-service U.S. chains eliminate tipping.
Restaurants would raise menu prices, which would boost revenue
and drive up rents because of rental agreements that often require
restaurants to pay landlords a percentage of sales.
Rents may be renegotiated prior to the end of the lease
(often 10-20 years) depending on location. Chains in larger cities
may face concessions such as higher maintenance or longer terms.
An inability to renegotiate may mean some chains delay
eliminating tipping.
13. Restauranteurs are likely to take a wait-and-see approach to Union
Square Hospitality Group’s adoption of the European-style restaurant
model. If eliminating tipping and raising prices spreads in the U.S.,
chains would likely invest in technology to reduce labor.
Server handhelds, tabletop tablets and mobile payment can enable
workers to cover more tables, allowing restaurants to have fewer front-
of-the-house employees. This would offset higher labor and employee
taxes. Remaining waitstaff would cover more tables. v
15. Bloomberg Intelligence offers valuable industry and company data,
interactive charting and written analysis with government and credit
insights from a team of independent experts, giving trading and
investment professionals deep insight into where crucial industries
stand today and where they may be heading next.