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Market Trends

1378 posts

Hospitality market trends and data: analysis, figures and insights to understand where the hotel industry is heading.

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  • 2 min

New on the menu: Two caviar dishes and a pork head tartlet

  • Bret Thorn
  • 11 December 2024
🍴 Bret Thorn, Senior Food & Beverage Editor at Nation's Restaurant News since 1999 and Restaurant Hospitality since 2016, has a BA in history from Tufts University (1990). He wrote for The New York Sun (2005-2008), worked in Thailand (1992-1997), and covered Tiananmen Square protests for ABC News in 1989. Thorn won the Jesse H. Neal Award (2006), was president of IFEC (2005), inducted into Disciples d’Escoffier (2014), and authored entries in the Oxford Encyclopedia (2012) and Oxford Companion (2015). He resides in Brooklyn, N.Y.
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  • 1 min

Overnight oats, a no-cook breakfast option

  • RH Staff Datassential
  • 11 December 2024
🥞 Au Bon Pain and other fast-casual restaurants are incorporating overnight oats into their menus. This no-cook breakfast has gained popularity, especially among Gen Z, with 55% of the population aware of it and 28% having tried it. Market research by Datassential indicates a 32% growth in the past four years and projects a 140% increase in the next four years, showcasing the demand for healthy options.
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Starbird Expands to Washington with New Franchise Agreement

  • Tony Loeb
  • 11 December 2024
📈 Bikky, a customer data platform for multi-unit restaurants, announced a partnership with Haven Hot Chicken, a Nashville-style Hot Chicken restaurant founded in 2020. Haven opened its ninth location in summer 2023, and its chicken sandwich was named "Best Bite in Town" by Food Network. Haven uses Bikky to track guest behaviors, make data-backed decisions, and evaluate menu items like their caesar salad, which was kept for strategic reasons. With ambitious expansion plans for 2025 and a focus on precise site selection, Haven is leveraging Bikky's insights for strategic growth. Bikky is also partnered with brands like Dave’s Hot Chicken and Bojangles.
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  • 3 min

B2B is dead, long-live business-to-human

  • Tony Loeb
  • 10 December 2024
📱 Rikke Wichmann Bruun from Cheil UK highlights a shift from B2B to B2H strategy, emphasizing personalized guest experiences in hotels. Gen Z, comprising 27% of the workforce in countries like the UK, US, Australia, and most of Europe by next year, favors personalization and technology. B2H marketing uses AI for bespoke recommendations and storytelling for relatability, proven effective with LinkedIn data showing a threefold increase in engagement for empathetic storytelling content. Samsung exemplifies this strategy, focusing on real-world problem-solving stories. The strategy seeks a balance between data-led insights, AI, and human connection.
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  • 7 min

The General Manager Makes the Hotel Stay Unforgettable

  • Anders Johansson
  • 10 December 2024
🏨 Mid-Range Hotels: Guests expect amenities like well-maintained rooms and reliable Wi-Fi, with prices starting at $200 USD per night. Challenges include tight budgets and fierce competition. CitizenM exemplifies exceeding expectations through attention to detail. Boutique Hotels: Unique design and personal experiences are expected, with prices from $350 USD per night. Challenges lie in maintaining uniqueness and relevance. Luxury Hotels: High-quality service, attention to detail, and personalized experiences are anticipated, with costs exceeding $500 per night. Operational challenges involve maintaining consistent excellence. Top 50 Hotels in the World: Aim for perfection and "wow" factor, with prices at $1,000 per night, focusing on innovation and world-class service. Hotel success relies on technology investments, quality facilities, and exceptional staff. General managers play a crucial role in balancing guest satisfaction with operational realities.
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  • 1 min

STAAH Weekly Hospitality Quiz: 6 December

  • Nashi Dasgupta
  • 5 December 2024
🏨 STAAH presents a weekly hotel industry quiz to help professionals stay informed on hospitality trends. The quiz caters to both seasoned hoteliers and newcomers, featuring questions on luxury hotel brands and hotel software. Participants are encouraged to share the quiz and access previous quizzes via STAAH's blog.
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  • 5 min

Understanding hotel NPS: Measuring and improving guest loyalty

  • Sarah Came
  • 5 December 2024
📝 The Net Promoter Score (NPS), developed in 2003 by Fred Reichheld, is a key metric for hotel guest satisfaction. NPS calculation starts with a question scored from 0 to 10 and results in a number between -100 and +100, derived from subtracting the percentage of detractors (score 0-6) from promoters (score 9-10). Bain & Company research shows over 80% of referrals come from those scoring 9 or 10. Positive NPS impacts guest loyalty, revenue, and online reviews. GuestRevu utilizes NPS to help hoteliers manage feedback and online reputation.
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  • 1 min

Patatas bravas, a Spanish comfort food

  • NRN staff Datassential.
  • 4 December 2024
🥗 Patatas bravas, a traditional Spanish dish, is becoming popular in the U.S. with 75% of the population familiar with it and 45% having tried it. The dish appears on 0.5% of U.S. restaurant menus, marking a 10% increase in the last four years. Its popularity is especially high among Asian and Hispanic consumers. It's commonly seen in independent and fine dining establishments, showcasing global flavors and comfort food appeal.
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  • 2 min

Hotel recruits psychology student as trainee chef

  • Megan Carley
  • 4 December 2024
🍳 Eleanor Bardon, 21, former psychology student at University of Leeds, shifts career to hospitality by joining English Lakes Hotels Culinary Academy's apprenticeship at Wild Boar Estate near Windermere. The training program partners with Kendal College offering Level 2 Commis Chef and Level 3 Chef de Partie qualifications. Bardon enjoys the team environment and living on the estate's 72-acre woodland, engaging in hiking and photography. English Lakes Hotels is hiring for various positions.
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  • 1 min

The Top 10 Menu Talk episodes of 2024

  • RH Staff
  • 3 December 2024
🍺 Launched in April, Restaurant Hospitality's podcast 'Menu Talk' collaborates with Restaurant Business, featuring weekly episodes with senior editors Bret Thorn and Pat Cobe. Based in New York City, over 30 episodes have aired, discussing foodie adventures, industry events like Menu Directions and the James Beard Awards, and interviewing chefs such as Pepe Moncayo. Listeners can subscribe for new episodes every Tuesday throughout 2025.
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