What are the 13 most interesting stats/facts about the restaurant industry?

Today’s restaurants are not the restaurants of even ten years ago. Technology, advances and the industry itself have all changed dramatically. Here is a selection of the most interesting statistics and facts about the restaurant industry for your consideration.

General Restaurant statistics

• The restaurant industry was projected to make $863 billion in sales in 2019. To put it in perspective, in 1970, only $42.8 billion was projected.
• 9 in 10 restaurant managers started in entry-level positions.
• 45% of people go out to eat multiple times a week today.
• As a whole, the industry has seen steady growth for the last six years.

The Future of Food

• 67% of US restaurants planned to use social media advertising in their 2019 strategies.
• More than half of consumers agree that ordering delivery is easier than dining out with their families.
• Over three-quarters of millenials say they would rather spend money on experiences, including great restaurants, than on things.
• As a result of these and other trends, the future of food is projected to rest on customer convenience and experience.

Restaurant Maintenance and Management Today

• More than 80% of restaurants are using technology in some way, shape or form.
• Self-ordering kiosks are on the rise with consumers, but only 32% of restaurants have them today.
• Quality CMMS systems are becoming a must-have in today’s competitive environment.
• The growing industry needs better and bigger inventory management systems to keep up with consumer demand.
• Half of the consumer population agrees that the use of tablets by servers improves their experience.