Restaurant Predictions for the Next 12 Months
Opportunities And Trends Identified By Our Experts
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julio 01, 2024
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Private Equity Consulting Learn more
The restaurant landscape continues to transform from a traditional industry with centuries-long standards to a dynamic sector that moves with the times. Three main trends are shaping that evolution this year:
- The restaurant market undergoes structural changes. Post-pandemic, the market divides between casual, inexpensive grabs and premium experiences for social moments. Concepts lifecycle is experiencing a halving on the backdrop of hyper-competition.
- Technology transforms restaurant’s operations. Delivery apps, in-store premises, loyalty programmes, kitchen operations — all dimensions are evolving fast. Application of artificial intelligence (“AI”) is starting to make a difference in customer relations and restaurant operations.
- Labour finds a new mix between humans and robots. Restaurants are struggling to attract and retain skilled labour — even more so since the pandemic. Robots are starting to fill this gap, one innovation at a time.
This paper aims to provide restaurant business leaders and Private Equity funds active in the industry a comprehensive overview of the key trends shaping the restaurant industry’s future. This year represents a critical juncture, offering both opportunities and challenges for market participants.
Publicado
julio 01, 2024
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Senior Managing Director, Head of France Corporate Finance
