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Tag: Restaurant Pricing

Comment: Battle of the brunches | HotelierMiddleEast.com

Comment: Battle of the brunches | HotelierMiddleEast.com

Brunch is a weekly tradition in Dubai and competition is fierce with venues slashing prices and offerings. However, at what point does the discounted offering impact on the quality of the experience? At Zero Gravity, our Saturday brunch concept — SuperNatural — is attracting record figures. Every week the queue starts at 9am and we […]

Weak pound keeps foodservice price inflation high at 8.8% in June | The Caterer

Weak pound keeps foodservice price inflation high at 8.8% in June | The Caterer

In the ambient hot categories, inflation ran at 12% in June, thanks to rising coffee and tea prices. Inflation in fruit, a category particularly dependent on imports and vulnerable to exchange rates, stood at 13.6%. One bright spot was the sugars, preserves and confectionary category, where prices in June 2017 were 5.1% lower than in June 2016. […]

After creating a monopoly in Thailand, will Eatigo’s ‘never pay full price’ model wow India?  | YourStory

After creating a monopoly in Thailand, will Eatigo’s ‘never pay full price’ model wow India?  | YourStory

It’s legit. The discounts on your restaurant bill are not a bait, and are definitely a permanent feature. Here’s the utterly interesting technique through which the Bangkok-headquartered platform pulls this off. When I heard Eatigo’s claims that one will never have to pay full price for meals at restaurants again, no strings attached, the quintessential Indian consumer in […]

How to Better Manage Food Costs and Menu Pricing | Restaurant Engine

How to Better Manage Food Costs and Menu Pricing | Restaurant Engine

The best way to balance your menu is to know what items are more prone to price fluctuations and surround them on your menu with the more stable menu items. Know How to Price Your Menu Menu pricing is an art and to do it right, you have to know the food costs. Knowing how […]

The restaurant industry overindulged — and now it’s paying the price | The Washington Post

The restaurant industry overindulged — and now it’s paying the price | The Washington Post

So what is going on with diners? Experts say a confluence of factors is likely driving their decision-making. For starters, many restaurants have seen high workforce turnover of late and are relying heavily on part-time help, leading to an uneven eating experience, said Bonnie Riggs, a restaurant industry analyst for NPD. “They’ve not paid enough […]

Reports of a McDonald’s price rise send customers in a spin: Has the fast food chain made a hash of its communication? | SmartCompany

Reports of a McDonald’s price rise send customers in a spin: Has the fast food chain made a hash of its communication? | SmartCompany

McDonald’s customers have been left in a spin by reports overnight that the price of a humble hash brown has increased to $2.20 across the country, and while some potato lovers insist they’ve always paid more than $2 for the treat, the news has sparked anger from customers across the nation. According to The Daily […]

Top restaurants slap on Sunday surcharge | The Sydney Morning Herald

Top restaurants slap on Sunday surcharge | The Sydney Morning Herald

Lucas says there are “absolutely” going to be more restaurants introducing Sunday surcharges across Melbourne bringing the restaurant industry into line with Sydney where surcharges are more common. It’s a business move Victor Liong has also imposed a 15 per cent surcharge on Sundays at his restaurant Lee Ho Fook to cover staffing costs. Lee Ho […]

Restaurants add minimum wage surcharge | Business Insider

Restaurants add minimum wage surcharge | Business Insider

For years, restaurant owners have argued that a higher minimum wage means pricier meals.Now some restaurants in states that recently raised the minimum wage — including Arizona, California, and Colorado — are putting the proof in customers’ checks. Surcharges of 3% to 4% to pay for higher labor costs are “the emerging new norm,” a […]

Maximizing revenue: Pricing lessons from South Florida’s best value meal | Miami Herald

Maximizing revenue: Pricing lessons from South Florida’s best value meal | Miami Herald

You might not have given it much thought, but odds are you’re part of a company’s smart bundled pricing strategy. I know I am. I really wanted blind spot detection in my new Subaru, so I bought that option as part of a bundle that included pre-collision braking, lane sway warning and adaptive cruise control. […]

McDonald’s Starts a Price War It Can Only Lose | The Motley Fool

McDonald’s Starts a Price War It Can Only Lose | The Motley Fool

It’s going to get a lot cheaper to get your drink on at McDonald’s (NYSE:MCD). Bloomberg is reporting that the chain is gearing up for a springtime promotion where it slashes prices on some of its more popular beverages. Soft drinks of any size will sell for $1 come April. McCafe beverages — including smoothies, frappes, […]