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Communal Eating Key Facts (Jabari (McDonald’s also redesigned its…
Communal Eating Key Facts
Mike
Restaurant Industry
Annual Sales: $799B
Employees: 14.7M
Locations: > 1M
Share of Household Income: 1957: 25%; 2017: 47%
American consumers spend 32.9% of their income on housing, 17% on transportation, and 12.5% on food.
Challenges
Government and labor costs / minimum wage are the top challenges facing restaurant operators in 2016
46% of all restaurateurs in a Toast survey listed hiring, training, and retaining restaurant staff as their #1 challenge
Restaurants are extremely labor-intensive. Average sales per full-time equivalent non-supervisory employee in 2015 was $56,000, compared to $226,000 for grocery stores
Growth
Total restaurant industry sales have grown 5% in the past year
Tableservice restaurant sales have grown 4.9% in the past year,
Snack and nonalcoholic beverage bar sales have grown 6.8% in the past year
Limited-service restaurants sales have grown 5.9% in the past year
Consumers
Pent-up demand for restaurants remains high, with 45% of adults NOT eating on premises at restaurants as often as they would like as of May 2016. This number has risen 15% since 2007
30% of consumers regularly shop for groceries at four or more stores.
47% of consumers say they would buy fresh, uncooked food items from restaurants.
90% of Americans enjoy going to restaurants, compared to 66% who enjoy going to grocery stores
56% of adults say they would rather spend money on an experience, such as a restaurant or other activity, compared to purchasing an item from a store.
56% of guests order from a restaurant’s website online daily, weekly, or monthly. 43% order “rarely” or “never.”
58% of restaurant guests never use mobile payments such as Apple Pay, LevelUp, Samsung Pay, etc.
Jabari
By the late 1990’s and 2000’s, a number of enterprising trendy restaurants embraced communal tables
McDonald’s also redesigned its restaurants to encourage patrons to hang out, work, and eventually, spend more money.
The idea was to create a comfortable and inviting space for customers to relax or work.
Communal dining was an important part of ancient Rome's religious traditions.
Communal dining halls are often used to save money
The Great Hall
In late 2009, the Baltimore Sun ranked communal dining as one of the decade’s 10 worst dining trends
Dong
Most people eat 3 times each day :
Health issue is the first problem
In 2016, there were 1.235 billion international tourist arrivals worldwide, with a growth of 4% as compared to 1.186 billion in 2015