Fall signals the return of college football, captivating fans across the U.S. with the electrifying atmosphere of in-state rivalries. College football rivalries are about more than just on-field...
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Unlocking the potential for growth in any brand requires a harmonious relationship between corporate and its franchisees. One key strategy for growth is the integration of cutting-edge technology, a...
As we began 2023, much of the restaurant industry believed customers had returned to pre-pandemic dining behavior. Standard indices supported the claims – month-over-month and year-over-year,...
Restaurant consumers are aligning their desire to eat out with the realities of inflation, according to Revenue Management Solutions’ most recent report — and for better and worse, the check...
In our current environment, guest behavior (backed by sales and traffic data) tells a clear story: “Guests are eating out less often and spend less money.” Have restaurant brands hit the pricing...
No matter the economic environment, for restaurant operators, one question persists: “How are my competitors pricing their menu items?” In the past, the answer required benchmarking indexes, such...
As always, the National Restaurant Association Show was not to be missed, and Revenue Management Solutions (RMS) was there, along with 55,000 other attendees and more than 2,100 exhibitors. Whether...
In today’s fast-paced world, quick-service restaurants (QSRs) are constantly seeking innovative ways to enhance their customers’ experiences while optimizing operational efficiency. In...
Artificial intelligence (AI) and machine learning (ML) aren’t new, but they’re suddenly having a moment. ChatGPT is everywhere you look, frightening some and emboldening others. Will the...
Compared to this past year, April 2023 traffic for quick-service restaurants (QSRs) decreased while pricing increased. Not the ideal direction for either metric, whether you’re an operator or...
In early March 2023, Revenue Management Solutions (RMS) surveyed more than 800 restaurantgoers across the US to find out more about their usage, including frequency and formats. While insightful, it...
In today’s competitive market, Quick-Service restaurants (QSR) operators need actionable insights that: Identifying their most valuable customers, understanding their needs, personalizing...
When Revenue Management Solutions (RMS) analyzed the numbers from its survey of nearly 800 restaurant goers, the results revealed a demographic honeypot. Frequent users —those dining out more than...
In a recent post, we shared two essential things quick-service restaurants (QSRs) should know in 2023 to increase their profitability. If you missed it, take a moment to catch up on why and how...
Today’s restaurant consumers have changed. Not only do they perceive that restaurant prices are at their highest since Q1 2021, but they’re more price sensitive than ever and have even changed...
As the economy shows signs, however slight, of easing its grip, saving money remains on consumers’ minds. Considering the economic climate, we asked our analysts around the globe for their thoughts...
Boomers, Gen X, millennials and Gen Z; families with children and those without. How does each of these generations find deals for dining out — or do they look for discounts at all? RMS surveyed...
Consumer perceptions of dining out and grocery prices reflect reality: They are not that different. Daily meals get made at home, but special occasions call for dining out. Intent to dine out more or...
The most recent third-quarter figures from the US Commerce Department indicate a 2.6% increase in the GDP. Compare that growth to the first half of the year, when the economy was headed the other way...
Takeaways: The French value speed at QSRs and appear less frugal than guests in the UK and Germany. Guests in Germany and the UK might be memorizing menu prices. ‘Everyday’ meals are being made...