The restaurant industry is expected to generate nearly $900 billion in sales this year, according to the National Restaurant Association’s State of the Restaurant Industry report.
But there is still room to grow, says Hudson Riehle, senior vice president of the research and knowledge group with the Association, on this week’s episode of Restaurant Business' podcast, "A Deeper Dive."
Riehle says there remains some “pent-up demand” among consumers that points to continued growth.
He also talks about the top challenge among restaurant companies—labor—as well as the demand for technology inside restaurants.
Please have a listen.