Restaurant industry sales are expected to reach $899 billion in 2020, according to the National Restaurant Association’s 2020 State of the Restaurant Industry report. Off-premises dining will be a key driver of sales; so restaurants looking to be successful will have to find a good balance between on- and off-premises offerings.
The report reveals that the restaurant industry will provide 15.6 million restaurant and foodservice jobs in 2020, with older adult representation continuing to grow. As far as consumer preferences, healthy menu options will remain strong and low-alcohol beers and cocktails will continue to rise in popularity.
"Now in its eleventh consecutive year of growth, the restaurant industry is adapting to consumer preferences faster than ever before," said Hudson Riehle, senior vice president, research and knowledge group, National Restaurant Association, in a statement. "Consumers tell us they want to use restaurants more than they are now, and the challenge for the industry is meeting consumers where they want to be. We expect this year will see growth in off-premises options, technology that streamlines operations, and more restaurants that are talking about their increased sustainable and eco-friendly practices."
Related: Consumers Want to Know How Restaurants Use Personal Data; P.F. Chang's Opens First of To Go Locations.
from Industry Operations https://ift.tt/2wNlvOz
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