Danny Meyer

Operations

This season's holiday bookings are looking merry and bright

Independent operators are hoping to capitalize on a return of both work and social gatherings, now that Covid is well behind them.

Technology

Danny Meyer’s private-equity firm invests $10M in voicebot startup ConverseNow

ConverseNow has seen strong demand for its AI-powered ordering system and will use the fresh capital to help keep up.

The New York City-based multi-concept operator, which was founded by restaurateur Danny Meyer, will reimburse up to $1,500 in travel expenses and will provide counseling and other support, the company said.

In the wake of two mass shootings, USHG President Chip Wade said his company would commit its money and its voice to changing gun laws.

The restaurateur’s Union Square Hospitality Group closed on its second fund, Enlightened Hospitality Investments, which plans to invest in high-growth companies.

Seven Union Square Hospitality Group restaurants are closed until later this month and the multi-concept group will be requiring booster shots for eligible employees immediately, with diners requiring a booster starting Jan. 24.

The cash infusion from Enlightened Hospitality Investments will allow the 13-unit Mexican fast casual to add locations and expand its consumer packaged goods business.

Meyer will invest in the owner of Panera Bread, Caribou Coffee and Einstein Bros., and his USHG Acquisition Corp. will become a "cornerstone partner" of the company.

The 70,000-square-foot space houses a huge commissary, R&D kitchen, tasting rooms, a bistro-style dining area for “family meal," offices and more.

The funding round, which includes support from a Danny Meyer-backed fund and others, will help the pandemic-battered 30-unit chain reopen temporarily closed restaurants and double its store count over the next three years.

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