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2008-09-10 Restaurant Industry News Highlights

Trends

Technomic finds that foodservice programs can tip the scales for hotel guests
Most hotel patrons would say that they don't choose a hotel based on foodservice amenities such as complimentary breakfasts, room service programs, or in-hotel restaurants. But recent research by foodservice consultants Technomic found that these and other foodservice components are, in fact, an important underlying driver in hotel selection. ...more

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Technology

'VoIP to Go' - Yo! Sushi Adopts IP Telephony to Keep its Restaurant Expansion Plans 'On Track'
Innovative Restaurateur Selects Swyx Technology to Reduce its Operational Costs, Converge its Voice and Data Services and Establish an In-House Contact Centre for its Home Delivery Service ...more

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Development

Papa Bello Enterprises, Inc. Establishes Leasing Agreement With CapitaRetail, One of the Largest Retail Mall Developers in China
Papa Bello Enterprises, Inc. (Pink Sheets: PAPA) is pleased to announce that the company has successfully established a leasing opportunity with CapitaRetail, one of the largest retail mall developers in the Peoples Republic of China. ...more

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Environmental

Beef O' Brady's Promotes Conservation
Beef O' Brady's restaurants are spreading the word on water conservation. Nearly 50 franchise owners gave a big boost to the Southwest Florida Water Management District's free Water Program for Restaurant Outreach, or Water PRO for short. ...more

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Financial

CKE Restaurants, Inc. Announces Third quarter Cash Dividend of $0.06 Per Share of Common Stock
CKE Restaurants, Inc. (NYSE:CKR) announced today that its Board of Directors declared a third quarter dividend of $0.06 per share of common stock to be paid on Nov. 24, 2008 to its stockholders of record at the close of business on Nov. 3, 2008. ...more

Dave & Buster's, Inc. Reports a 1.2 Percent Increase in Comparable Store Sales and a 9.8 Percent Increase in Adjusted EBITDA for its Fiscal 2008 Second Quarter
Total revenues increased 3.5% to $136.2 million in the second quarter of 2008, compared to $131.7 million in the second quarter of 2007. ...more

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Other

ROI Data for Restaurants with Digital Signage Released
Report crunches the numbers and shows restaurant operators the benefits of digital menu boards and other signs ...more

Demand and Price Are Falling for Lobster
For many, summer in New England would not be complete without throwing on a bib and cracking open a freshly boiled lobster. This year, however, fewer people are ordering the region's signature dish, driving down lobster prices and making times harder for lobster fishermen already reeling from the high cost of fuel and bait. ...more

Celebrity chefs spice up hotel restaurants
Two decades ago, hotel restaurants served up great meals by some of the best local chefs, but the industry lost its way. The carpet from the lobby tended to roll straight into the restaurant. The atmosphere was so hushed you could hear a hotel bill drop. Even guests went somewhere else for dinner. ...more

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 Departments

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 .  Development : 1 new
 .  Environmental : 1 new
 .  Financial : 2 new
 .  Other : 3 new
 .  Technology : 1 new
 .  Trends : 1 new

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