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2006-09-18 Restaurant Industry News Highlights

Features

Food & Beverage - Ideal Usage Tricks and Techniques - By Joe Dunbar
The people who produce variance reports for the weekly and monthly management meetings need to forecast the likely meeting discussion for each red flag item. Common excuses occur over and over and it's necessary to anticipate and eliminate these distractions. The only way for a food and beverage professional to have a positive impact on the results is through proper focus. ...more

Setting Your Restaurant Up For Success: The Importance of Operating Systems - By Michael Beam
Documented operating systems and policies are absolutely critical to the long-term success of any restaurant operation. Reduced turnover, increased morale, improved consistency and enhanced value are only some of the benefits that can be realized. ...more

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Trends

Travel Industry Performance Mixed in July
According to the Travel Industry Association of America's (TIA) Industry Performance Indicators (IPI), the month of July 2006, revealed a decline of 4.9 percent in domestic air RPMs while international air RPMs rose 6.3 percent, compared to July 2005. Hotel/motel room revenue increased 6.4 percent from twelve months earlier. Gasoline Stations' Receipts jumped 19.2 percent from a year ago largely due to gas price increases. Airline employment was down 3.2 percent from July 2005. ...more

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Development

Ultimate Franchise Systems, Inc. Finalizes Agreement With North Country Hospitality Inc.
Ultimate Franchise Systems Inc. (OTC Pink Sheets: UFSJ) announced today that it has completed an agreement to affiliate with North Country Hospitality Inc. (OTC Pink sheets: NHSP), based in Sackets Harbor, N.Y. ...more

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Financial

Yum 3rd Quarter Same-Store Sales Decline
Yum! Brands Reports Estimated Third-Quarter Global Sales Results ...more

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Internet

New Restaurant Expert's Web Site Gives Tips for Increasing Profits to Independent Restaurant Owners
Restaurant expert David Scott Peters has launched a new Web site, www.smilebutton.com, to provide independent restaurant owners with more profit-making tools, tips for improving systems and access to products online. ...more

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Other

National Restaurant Association Statement in Response to Foodborne Illness Outbreak Connected to Bagged Fresh Spinach
The National Restaurant Association issued the following statement in response to the foodborne illness outbreak associated with bagged fresh spinach: ...more

Quiznos Takes on Subway - The Sandwich War Begins
New Cheesesteak is Real Prime Rib and Twice as Much Meat as Subway's Cheesesteak; Quiznos Asks Consumers to Decide with a 100% Satisfaction Guarantee ...more

Taco Del Mar CEO Takes a 'Restaurantour'
CEO and Co-founder James Schmidt Winds Through a Cross-country Tour to Visit Customers and Franchisees of His Independent, Baja-inspired Quick-serve Chai ...more

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 Departments

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 .  Development : 1 new
 .  Features : 2 new
 .  Financial : 1 new
 .  Internet : 1 new
 .  Other : 3 new
 .  Trends : 1 new

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