Post Topic
Restaurant Insurance
Cyber Rates Are Going Up, but Purchasing Coverage Is More Important Than Ever
While many of the cyberattacks that get press are against high-profile entities or organizations, all types and sizes of business, including hotels and restaurants, are vulnerable to the sophisticated methods utilized by today’s cybercriminals – from phishing to ransomware and scareware tactics. Additionally, cybercriminals have upped their game with attacks rising consistently over the last…
Robot Waiters During the Labor Shortage
He glides up to your table carrying four trays of food, beaming an emoji-like grin — and he’s fast, often reacting within a fraction of a second. Meet Matradee, a robot waiter created by Richtech Robotics, and he’s what many restaurants need right now. In a time when restaurant labor is scarce these robots are…
Restaurant Insurance Market Update 2021
The restaurant sector, no doubt, has been through a lot in the last 18 months. But recent statistics show that through July 2021, the industry has had steady growth each month since February, with sales volume reaching close to pre-pandemic levels. Although it’s still unclear how the delta variant will impact the industry, we’ve seen…
In-House Delivery versus Third-Party Services? Which Is Better for Restaurants
For restaurants looking to remain competitive in their industry, it has become nearly impossible to operate without offering some sort of delivery service. In fact, one report by L.E.K. Consulting predicts that restaurant delivery sales will grow at more than three times the rate of dine-in revenue between now and 2023 — and that was…
No Jackets Required: How Fine Dining Is Changing
Fine dining brings together great cuisine, hand-selected wines, and white-glove service for a personalized experience and a fun night out. It also requires a certain dress code that is steeped in tradition. Men typically wear sports jackets; women may wear a dress, a skirt, or a slacks-and-blouse ensemble. In some places, formal jackets and ties…
Inside the Restaurant Industry Labor Shortage
Guest sentiment on eating out is turning a corner. While patrons are returning to restaurants in almost pre-pandemic levels, staff are not. Consequently, restaurant owners across the United States are struggling to find the employees to meet the new customer demand — a problem that the Bureau of Labor says will hold back economic recovery.
Make that Reservation, Restaurants Are Back!
After an extremely tough year for the restaurant industry amid the pandemic, the road to recovery has been quicker than expected as life normalizes and cities and counties across the country are reopening. Sure, in places across the country full capacity at restaurants is just beginning (while others are already operating business as usual) and…
What are Ghost Kitchens?
Ghost kitchens, also known as virtual restaurants; cloud, commissary, or shared kitchens; and delivery-only, shadow, and dark kitchens, are the restaurant industry’s newest attempt to feed into the ever-growing on-demand consumer culture. Don’t let the spooky name fool you, these kitchens are simply delivery-only restaurants that utilize third-party apps such as DoorDash, Grubhub, Postmates, and Uber…
Good News for Restaurants
According to the National Restaurant Association, over 17% of restaurants closed permanently or long-term in 2020, leaving millions of food service workers out of a job and the industry in tatters. After a year of chaos and uncertainty, the light at the end of the tunnel is finally in sight. Vaccines are being distributed across…
What the Vaccine Means for Restaurants
Since the early months of the pandemic, restaurant employees have been deemed “essential.” While most Americans were working from home, those in the foodservice industry have clocked into work, as usual, interacting with countless strangers and risking exposing themselves to coronavirus. Despite volunteering their safety for the sake of economic and cultural preservation, the rollout…