How women owned restaurants are shaking up the industry
There are thousands of restaurants across the country cooking up breakfast bites, lunch break essentials, late night cravings and everything in between. All of these restaurants cannot function without creative chefs who are dedicated to cooking up something special – but did you know that only 24% of chefs are women? Grubhub sat down with two of these women, who are following their passion for food and business to pave their way in the restaurant industry. Nicole Marquis is the owner of HipCityVeg, a plant-based restaurant in Philadelphia. HipCityVeg offers a cuisine of fresh, bold flavors in novel, yet familiar…
Finding the Right Restaurant Insurance
When you open a restaurant, insurance is one of the most important investments you can make. Like car insurance or health insurance, these commercial policies help you manage the financial risks that come with doing business. Is your restaurant protected? What is restaurant insurance? Restaurant insurance is coverage that protects your business from financial losses when unexpected problems arise. It can help you cover legal and medical costs for customer injuries, for example, or pay for repairs and lost income after a kitchen fire. Running a restaurant is inherently risky — the equipment is expensive, profit margins are narrow and…
Happy hour menu ideas for your restaurant
There’s nothing like kicking back and relaxing with a cheap drink after a hard day’s work. As most people have returned to in-person activities, the demand for happy hour has risen. Whether you offer a nice selection of wines or are known for your fun cocktails, featuring happy hour discounts is a sure way to get more customers to place an order. It’s 5 o’clock somewhere, right? When you’re looking for ways to maximize restaurant revenue, happy hour is a cost-effective option — you can start with just a few fun menu ideas and your regularly scheduled staff. This classic…
How To Prevent Cross Contamination at Your Restaurant
When you’re running a restaurant, food safety is a top priority. Proper food handling and storage, combined with strict cleaning procedures, can prevent cross-contamination and reduce the risk of food-borne illnesses. What is cross contamination? Food cross contamination occurs when unsafe bacteria are transferred from one type of food to another. If someone eats cross-contaminated food that’s not properly cooked, it can cause food poisoning and other health conditions. Typically, contamination occurs as a result of incorrect food-handling procedures — chopping raw chicken and vegetables on the same cutting board without cleaning it, for example. Certain foods present a high…
How Restaurants Should Be Using Sustainable Food Containers
As younger, environmentally conscious diners become a majority of the food-industry customer base, many restaurants are making sustainability a top priority. To-go containers are a key focus — disposable packaging is a significant contributor to commercial waste. The right sustainable products can help you protect the environment while maintaining food quality. Why sustainability matters Increasing restaurant sustainability is one way to reduce your impact on the environment, especially when it comes to takeout containers. According to the EPA, containers and packaging are responsible for more than 23% of all the trash that goes to landfills in the United States. By…
S$0.13 (vs S$0.042 loss in FY 2021)
Hotel Properties (SGX:H15) Full Year 2022 Results Key Financial Results Revenue: S$525.5m (up 53% from FY 2021). Net income: S$76.4m (up from S$21.7m loss in FY 2021). Profit margin: 14% (up from net loss in FY 2021). EPS: S$0.13 (up from S$0.042 loss in FY 2021). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month (TTM) period Hotel Properties Earnings Insights Looking ahead, revenue is forecast to grow 10% pa on average over the next 2 years, compared to a 12% growth forecast for the Hospitality industry in Singapore. Performance of the Singaporean Hospitality industry.…
How to collaborate with micro influencers to grow restaurant sales
Social media can have a big impact on users’ food choices — scroll through Instagram food posts on an empty stomach and you’ll experience the effect for yourself. The power of social media suggestion is so strong, in fact, that it’s a cornerstone of many restaurants’ marketing strategies. One study found that 53% of millennials have eaten or ordered from restaurants after coming across them on TikTok. Social media has a direct influence on diners. If you run a restaurant, now’s the time to go all in on social media. As you expand your online presence, working with micro-influencers is…