#restaurant-economics

[ follow ]
Food & drink
fromTasting Table
1 day ago

Trying To Dine Out On A Budget? Be Aware Of This First - Tasting Table

Splitting entrees reduces per-seat revenue and can harm low-margin restaurants with high fixed costs, potentially causing losses despite rising menu prices.
Food & drink
fromBusiness Matters
2 days ago

Fine dining's death by a thousand cuts, and at least a 250 bill

Fine dining has become prohibitively expensive due to soaring energy bills, rising labour costs, and costly ingredients, forcing restaurants to raise prices.
fromwww.theguardian.com
2 weeks ago

Yotam Ottolenghi on the evolution of London restaurants

It has become clear to me that the restaurant world I've known for decades is radically changing through a combination of factors: people's working patterns, health obsessions, the falling out of love with alcohol and the falling in love with pastries and bread, but, predominantly, the affordability of it all. The numbers are genuinely frightening: in my restaurants, utility costs are up more than 50% since 2019; chocolate prices have doubled; olive oil is up 121%; even spring onions are up 55% spring onions!
London food
fromTasting Table
4 months ago

Pay Attention To This Pricing Strategy At Peter Luger Steak House Or Risk An Overpriced Meal - Tasting Table

Research suggests diners spend more freely when prices are listed without currency symbols - possibly because the visual cue of a dollar sign reminds people they're parting with money.
New York City
[ Load more ]