Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

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Financing

As room sales rebound, hotel acquisitions soar, a new study finds

Occupancy rates are nearly back to 2019 levels, according to the report, but job and hiring levels still have room to go.

Nearly one-third of sales in the fast-food burger chain’s biggest markets came from digital, while profits were hurt by Russia closures and rising costs for food and labor.

The burger chain’s executive once again dismissed the prospect of robots and other automation for solving the industry’s labor woes, saying the economics “don’t pencil out.”

The fast-food burger giant saw more normalized use last quarter, as customers make smaller orders and go through the drive-thru less often. Chipotle Mexican Grill is seeing similar trends.

The burrito chain said staffing has reached pre-pandemic levels, but newer workers are less versed in operating with heavy in-restaurant business. The company is kicking off an operations effort to fix it.

The Bottom Line: The burger chain, which thrived during the Great Recession with a Dollar Menu, hopes to get through the next recession with more local and targeted offers.

The Bottom Line: As Domino’s confronts its driver shortage, perhaps it’s time to wonder whether overall demand for delivered food is shrinking in a more normalized environment.

Data on foot traffic is showing improvements in the number of people in downtown areas and office buildings, but it remains far below pre-pandemic levels.

The pizza chain on Thursday reported its first same-store sales decline in 113 quarters, a streak dating to 1993. These are the restaurant chains that have been founded since.

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