INDUSTRY REPORTS CREATED BY SID

Hospitality

Restaurants are a $1.1 trillion dollar industry. One of the key drivers for growth are technological automation and digital order systems which are increasing profit margins for restaurant owners across the country. Do you want to know more about all the restaurant trends for 2024?

INDUSTRY REPORTS CREATED BY SID

Hospitality: Specialized reports

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25%

Increase on profit margin for restaurants

Easy automation tools like digital ordering and the entire inventory management result in higher margins

35%

Increased revenue

Data shows that restaurants that advertise eco-friendly and sustainable practices get a 35% increase in revenue compared to those who don’t

13%

Surge in operating costs

Restaurants are seeing an increase on their operating costs due to food price hikes. Learn how to keep costs down without sacrificing quality

INDUSTRY REPORTS CREATED BY SID

Restaurants

CONSULTING ASSOCIATE IN NEW YORK

Sid’s reports are my go-to for clients that want to stay on top of market innvations and make rapid changes

INDUSTRY REPORTS CREATED BY SID

Restaurants

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