Current trends and perspectives in the restaurant industry
Title: |
Current trends and perspectives in the restaurant industry |
Authors: |
Stoyko, Igor |
Affiliation: |
Ternopil Ivan Puluj National Technical University 56 Ruska str., 46001, Ternopil, Ukraine |
Bibliographic description (International): |
Stoyko, I. & Sherstiuk, R. (2023) Current trends and perspectives in the restaurant industry. Socio-Economic Problems and the State (electronic journal), Vol. 28, no. 1, pp. 66-78. URL: http://sepd.tntu.edu.ua/images/stories/pdf/2023/23siiuri.pdf |
Journal/Collection: |
Scientific Journal "Socio-Economic Problems and the State |
Issue: |
1(28) |
Issue Date: |
Jun-2023 |
Submitted date:
|
Apr-2023 |
Date of entry: |
2-Aug-2023 |
Publisher: |
Ternopil Ivan Puluj National Technical University |
Country (code):
|
UA |
Place of the edition/event: |
Ternopil |
ORCID Id: |
https://orcid.org/0000-0002-3013-0346 |
DOI: UDC: |
https://doi.org/10.33108/sepd2023.01.066 658.64 |
JEL: |
L23 |
Keywords: |
restaurant industry |
Number of pages: |
13 |
Page range: |
66-78 |
Start page: |
66 |
End page: |
78 |
Abstract: |
Globalization has a profound effect on the structures of many spheres with all its dimensions. Therefore, various progressive trends affect the modern trends of our life. Current and future trends are considered by such factors as emergency situations (pandemic, etc.), technology (Industry 4.0, etc.), the phenomenon of sustainable development (environmentally friendly practices, etc.). In this context, the restaurant business, which is one of the components of the tourism industry, attracts attention with its new trends. It is proven that the modern restaurant business requires the implementation of various aspects of sustainability, innovation and new approaches in communication with consumers, as well as the implementation of new restaurant trends. The restaurant industry trends testify that owners are finding innovative ways to improve the guest experience inside and outside the establishment, whether they are running a fast-food or a full-service restaurant. founding or researching an entirely new concept. Consumer food preferences and economic conditions indicate major restaurant trends and strategies that remain unchanged. It is found that whether restaurant business implements a contactless payment strategy, experiments with online ordering, or uses automation to combat labor shortages, restaurants are finding creative ways to build meaningful relationships with their staff and customers. To identify the strategies that will shape the restaurant industry in 2023 and beyond, Internet search research and forecasting of leading restaurateurs is carried out and analyzed. During this research the trends and forecasts in the restaurant industry are holistically assessed and suggestions to relevant stakeholders are offered. |
Sponsorship: |
The authors received no direct funding for this research. |
URI: |
http://elartu.tntu.edu.ua/handle/lib/42450 |
ISSN: |
2223-3822 |
Copyright owner: |
Scientific Journal "Socio-Economic Problems and the State |
URL for reference material: |
http://sepd.tntu.edu.ua/images/stories/pdf/2023/23siiuri.pdf |
References (International): |
1. Ülker CAN. A Conceptual Assessment of Current Trends in the Restaurant Industry Accompanied with Future Forecasts (2021). Journal of New Tourism Trends (JOINNTT) 2(2), 209-219. |
Content type: |
Article |
Appears in Collections: |
Scientific Journal "Socio-Economic Problems and the State", Vol.28, No.1 |