Top 100 US restaurants to visit in 2024 list out, THIS cuisine dominates
The top US restaurants on the list are located in California, Florida, Arizona, Texas & Nevada. California has topped the list with 18 eateries. Key Points
Hindustan TimesCricket is the hottest item on restaurant menus
Bars, restaurants, and delivery platforms are expecting a 30-40% increase in sales during the Cricket World Cup. Many establishments have rolled out discounts, promotions, cricket-themed menus, and screenings to attract customers. Food delivery app Zomato has signed actor Ranveer Singh and cricketer Chris Gayle for its World Cup campaigns. Some establishments have seen a spike in reservations, with customers preferring to watch the matches with friends. Lack of availability of tickets for India's matches has also prompted fans to make reservations at bars and restaurants. Key Points
Economic TimesWhy fine-dining restaurants should make the idea of explaining provenance their core mission
Sommeliers have always used provenance and history to arouse interest in expensive, obscure wines. Meat, fish and even humble vegetables now get the same reverential treatment. One explanation for this trend is the move towards conscious eating among discerning consumers. People wish to be more mindful of what they are eating, and where it is from. Key Points
The Economic TimesMurthal's Amrik Sukhdev among 7 Indian eateries in World's Most Legendary restaurants list; check out the names
Experiential travel online guide Taste Atlas recently shared a list of the ‘Top 150 Most Legendary restaurants in the World. As many as seven Indian restaurants have made it to the list. Key Points
Business TodayDon’t Send Compliments to the Chef and Other New Rules of Dining Out in 2023
What if the whole restaurant were inside the kitchen? A radical approach welcomes diners into the creation of the meal. Want to breeze through like a regular? Here’s your guide. Key Points
mint
Investments, M&As return to spice up food services space
Mainland China and Oh! Calcutta operator Speciality restaurants is in advanced talks for its first set of acquisitions, Anjan Chatterjee, chairman of Speciality said, adding that the listed company has set aside a corpus of Rs 125 crore for M&As this calendar year. On the other hand, Rebel Foods, owner of Faasos and Mandarin Oak, is preparing for an initial share sale early next year, the first cloud kitchen company to go public. Key Points
Economic TimesRude Food by Vir Sanghvi: Fishing for compliments
Mumbai’s seafood restaurants are coming out of their shell. They no longer pass off their recipes as Malvani. They’re proud of the south Indian cuisines they serve Key Points
Hindustan TimesMcDonald's India franchisee Westlife posts surprise profit drop on higher costs
Westlife Foodworld (WEST.NS), which operates McDonald's restaurants in west and south India, reported a surprise drop in quarterly earnings on Thursday as increased costs overshadowed higher sales of its burgers and fried chicken. Key Points
ReutersSwiggy's 'collection fee' sparks dispute with restaurants
The National restaurants Association of India (NRAI), which represents over 500,000 companies across the country, also said restaurants will seek clarity from the food delivery platform in the coming days. December is supposed to be the best month of business for us; for Swiggy to unilaterally come up with this suddenly in peak season is definitely an unwelcome distraction, said Sagar Daryani, vice president of NRAI. Key Points
Economic TimesBlack Friday 2023: What deals restaurants are offering? Find out here
The shopping season has set in with Black Friday. As the festive season will see lots of feasting, the food business is leaving no stone unturned to attract customers. restaurants across the US are coming up with great deals for the meals. Key Points
Economic Times
The Taste With Vir: The Michelin guide to enjoying Dubai's restaurant scene
As Michelin has demonstrated, Dubai is not quite a gourmet paradise. But it does have excellent restaurants at all price levels. Key Points
Hindustan TimesThe Taste By Vir Sanghvi: Are Indian restaurants taken more seriously globally than ever before?
Nobody disputes that Indian food is now taken more seriously globally. But what about Indian restaurants? That’s a tough one but my instinct is to say ‘yes’. Key Points
Hindustan TimesThe palate and the planet: Indian restaurants doing right by Earth
Fine dining sometimes costs the earth. It doesn’t have to exploit it too. See how four chefs are minimising waste, championing local and serving seasonal at every meal Key Points
Hindustan TimesIndia Vs Australia: With shots & deliveries, companies ready for World Cup Final
Bars and restaurants are creating Bleed Blue shots and Shami and Virat menus coupled with consumer promotions. Delivery platforms have asked companies to increase supplies of soft drinks and snacks in expectation of demand shooting up as fans gather at homes to watch the final together. Theatres, clubs and condominiums are hosting live screenings. Key Points
Economic TimesRising costs eat away KFC operator Sapphire Foods India's Q1 profit
Sapphire Foods India (SAPI.NS), the domestic operator of KFC and Pizza Hut restaurants, reported lower-than-expected first-quarter profit on Wednesday, as mounting costs outpaced a growth in revenue. Key Points
Reuters/cloudfront-us-east-2.images.arcpublishing.com/reuters/5PAPHODGMFK3BMHH6ZAV2DB3VY.jpg)
McDonald's India franchisee Westlife's profit misses as costs mount
Westlife Foodworld (WEST.NS) reported a smaller-than-expected rise in first-quarter profit on Thursday as higher expenses took the shine off increased sales at the operator of McDonald's (MCD.N) restaurants in West and South India. Key Points
ReutersWorld's Top 50 restaurants revealed: Find the top 10 places and if any Indian restaurants featured in the list
The World's Top 50 restaurants list was announced recently. Find the top 10 places in the list and if any Indian restaurants were featured in the list. Key Points
Hindustan TimesRed tape may play spoilsport at new year's eve parties
Most restaurants, pubs and bars in Delhi...are not planning any large-scale celebrations...because of the various administrative hassles in procuring multiple permissions and licenses, said Sandeep Anand Goyle, who heads Delhi chapter of National Restaurant Association of India (NRAI). Key Points
Economic TimesSingapore allows restaurants to hire cooks from India to combat manpower shortage
In a move to address workforce shortages in its hotel industry, Singapore has added cooks from India to its list of permissible hires, widening its recruitment pool for certain job positions in the services and manufacturing sectors. Traditionally, employers in Singapore's services and manufacturing sectors have primarily sourced work permit holders from China, Malaysia, Hong Kong, Macau, South Korea, and Taiwan. Key Points
Economic TimesWhat does it take to be an Instagram-worthy restaurant?
Restaurants are pulling out all the stops to provide the insta-friendly experiences. Food theatre has become an inevitable experience to offer for restaurants to stay in the game. Pop up cakes, mega burgers and Bohemian chic now saturate your social media feed. Key Points
The Hindu
Speciality restaurants bets big on AI, aims at Rs 1,000 crore revenue in 5 years
The multi-brand restaurant chain's standalone net profit in the first half of (April-September) FY'23 stood at Rs 27.67 crore from a turnover of Rs 195 crore, recovering from Covid pandemic headwinds. Key Points
FinancialexpressDelhi eateries prepare to ring in New Year with precautions in place amid fresh Covid scare
New Delhi, Dec 28 (PTI) Hotels, fine-dining restaurants and cafes in Delhi are gearing up to welcome the new year with precautionary measures in place after the national capital reported its first case of the new JN.1 Covid sub-variant. These establishments aim to provide a safe and enjoyable experience with sanitation and hygiene as priorities […] Key Points
ThePrintLucknow's Tunday Kababi, Bengaluru's Mavali Tiffin Rooms, Delhi Karim’s in world's 150 most legendary restaurant list
Paragon figures on the list at no 11, Tunday Kababi follows at No. 12 Peter Cat, Amrik Sukhdev Dhaba, Mavalli Tiffin Rooms , Karim’s and Ram Ashraya were ranked 17, 23, 39, 87 and 112, respectively. Key Points
mintrestaurants are too loud. Turns out we like them that way.
‘There’s a good kind of bustle.’ Eateries and their guests hunt for the sweet spot. Key Points
mintIndia's Zomato posts surprise Q2 profit as people order more food online
India's Zomato (ZOMT.NS) on Friday reported a surprise profit for the second quarter, as consumers ordered more from restaurants and its online grocery stores. Key Points
Reuters/cloudfront-us-east-2.images.arcpublishing.com/reuters/QZQ5JSXWJJP5VH3ZVXC5VFZIIA.jpg)
Domino's India franchisee beats Q2 profit estimates as cheaper pizzas help demand
Jubilant FoodWorks (JUBI.NS), which operates Domino's restaurants in India, reported a smaller-than-expected 26% fall in quarterly earnings on Wednesday, helped by its move to cut costs and launch cheaper pizzas to attract consumers. Key Points
ReutersCalifornia restaurants impose 'vomit fees' to deter intoxicated customers
US restaurants offering bottomless mimosas are taking a proactive approach to address intoxicated patrons by enforcing vomit fees. Learn how these fees are helping maintain a responsible dining environment while enjoying unlimited mimosas. Key Points
Economic TimesFantastic fungi and where to find them: Mycophiles in India
A new crop of mushroom-lovers are promoting a wide variety in India, as health food, health supplement and even eco-friendly packaging. They want you to know that The Last of Us has it all wrong, so wrong. Key Points
Hindustan TimesMcDonald’s to sell Krispy Kreme doughnuts across the US
International Business News: Krispy Kreme Inc. shares surged the most since July 2021 following McDonald’s Corp.'s agreement to offer the chain’s doughnuts at its restaurants acro Key Points
Times Of IndiaLooking for potential multibaggers? D-Street veterans offer top investment ideas
Veteran stock market investors in India have picked Restaurant Brands Asia (RBA), which owns a chain of restaurants including Burger King, as the next big investment opportunity. The stock is not currently in the limelight, however RBA is poised to grow faster and create cash flows in the future. Key Points
Economic TimesDisney restaurant-reservation hack: Try sitting at the bar
Trying to get into Disney restaurants without a reservation can be tough. Using this seating hack can allow you to eat where you want on your Disney vacation. Key Points
InsiderVRO Hospitality raises $10 million to expand
VRO Hospitality has raised $10m in a bridge funding round led by Axis Bank and Gruhas. The funds will be used for acquisitions and expanding the company's portfolio of brands, which currently includes Mirage, Taki Taki, and Los Cavos. Key Points
mintCardi B Supports Keith Lee's Atlanta Review Amid Backlash, Says restaurants Don't Like Making Money
Cardi B expressed her displeasure while recounting her personal experiences of ordering at restaurants in Atlanta. The American rapper posted and extended her support to the new social media storm - Keith Lees review. Key Points
Economic TimesWho invented Butter Chicken and Dal Makhani? Delhi HC may answer this
Moti Mahal and Daryaganj restaurants are in a legal dispute over who invented Butter Chicken and Dal Makhani. The Delhi High Court is set to rule on the dispute between Moti Mahal and Daryaganj restaurants over the invention of Butter Chicken and Dal Makhani. Key Points
mintPubs, bars likely to raise cover charges
Our per head cover charges tomorrow (Sunday) can range from ₹8,000 to ₹20,000 depending on the outlets as we would like to avoid overcrowding and would like a select gathering. We will offer only premium alcohol such as single malts. Advance bookings seem to be better than last year, said Priyank Sukhija, chief executive of First Fiddle restaurants that operates popular outlets of brands such as Lord of the Drinks, Miso Sexy, Diablo, Tamasha and The Flying Saucer Cafe. Key Points
Economic Times
Jobs on a platter: A range of employers rush to hire chefs, stewards, support staff
Apart from a boom in standalone restaurants, there's a surge in marriages, parties, ceremonies, outdoor catering and corporate events as well as a proliferation of cloud kitchens. All that has led to a spike in demand for restaurant and catering chefs, said industry executives and restaurateurs. Key Points
Economic TimesHas agri commodity price inflation been adjusted by the Street? 3 QSR stocks with upside potential of up t
It was the removal of tomato from burgers in some restaurants by McDonald's which brought back focus on inflation in some agricultural products and their impact on QSR space. While some of the agri commodities are still high, will the festive season demand give the power to these companies to pass it on to consumers will be the key to watch. Key Points
Economic TimesOnline deliveries in deep water after heavy rains as monsoon lashes northern India
Heavy rains in urban areas, including Delhi and the National Capital Region, have severely affected online deliveries. The flooding of roads and the overwhelmed drainage system caused delivery services such as Swiggy, Zomato, Zepto, and Milk Basket to stop accepting orders. Many consumers, especially those in need of daily essentials, food, and medicine during the pandemic feel cut off. restaurants are also facing severe disruption, with kitchen operations, supplies, and dine-ins being hampered as well. Key Points
Economic Times‘Axe attack’ at Chinese restaurants in New Zealand injures 4: Report
Police said the man began the attack at about 9 p.m. Monday in the north Auckland suburb of Albany. | World News Key Points
Hindustan TimesEverstone to exit Burger King
There were reports that Jubilant FoodWorks is also in the fray to acquire the stake. However, when contacted, the company said the rumours are baseless. Key Points
Financialexpress
Discretionary spending may weaken in Q4; apparel, lifestyle cos and eateries expect sales to grow only 15%
The slowdown is not restricted to apparel. Even the liquor segment that surpassed pre-Covid sales last year, could see slower growth. Analysts also said demand environment remains weak in the quick service restaurant (QSR) space. Fine dining restaurant chain Speciality Restaurants' managing director Anjan Chatterjee said the phenomenon of revenge eating is now tapering down with dine-in business down by 5%-15% for the industry. Key Points
Economic TimesPhonePe racks up $200 million from Walmart, Swiggy’s zero commission offer for new restaurants
Happy Friday. After its hive-off from Flipkart, digital payments firm PhonePe's fundraising continues. Today, the company said it has added another $200 million from its parent Walmart as part of its ongoing funding round. This and more in today's ETtech Top 5. Key Points
Economic Times