Investment products offered by Investment Banking Affiliates: Disclaimer for Australia|Disclaimer for Brazil|Disclaimer for Canada|Disclaimer for France|Disclaimer for Hong Kong|Disclaimer for India|Disclaimer for Latin America. The Bottom Line: Some restaurant executives believe a recession is coming and economic data appear to be pointing in that direction. Those in the foodservice and hospitality industries have experienced firsthand the trials and tribulations of trying to stay afloat during such unprecedented challenges. But sales have started out strongly, and not everyone agrees. Sed ut perspiciatis unde omnis iste natus error sit voluptatem! Ventless hoods offer more flexibility, are mobile, alleviate space restraints, create menu efficiencies, and enable operators to easily setup a cooking operation just about anywhere. Restaurant sales projected to climb 10.2% in 2021, but not enough to recover from devastation of COVID-19, National Restaurant Association says After a steep decline in sales in 2020, 2021. Download - 2021 State of the Restaurant Industry | National Restaurant It is based on analysis of the latest economic data and extensive surveys of 6,000 restaurant operators and 1,000 adult consumers. Serving up a great restaurant customer experience, Do Not Sell or Share My Personal Information. It is based on analysis of the latest economic data and extensive surveys of 6,000 restaurant operators and 1,000 adult consumers. The same great articles, in downloadable PDF version. And then 2022 presented a new headline problem ination. When it comes to day-to-day financial management, restaurant operators are focused on two things: managing cash and staying on top of fraud. MORE FROM FORBES How Supply Chain. A National Restaurant Association survey, conducted Aug. 13-15, found that the delta variant of COVID-19 threatens to reverse the gains made in the first six months of the year. Restaurants are an integral part of our social fabric, and 6 in 10 adults say restaurants are an essential part of their lifestyle. In an on-demand world, off-premises capabilities are more important than ever to keep restaurants aligned with consumers' wants and needs. U.S. Food and beverage sales are projected to reach $789 billion in 2021, up almost 20% from 2020.
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