2024 Restaurant Industry Trends: Growth, Innovation, and Customer Focus

Discover the Latest Trs and Insights in the Restaurant Industry for 2024

As we start this new year, restaurant executives across the industry are cautiously optimistic following a period of recovery from earlier challenges. We've analyzed their perspectives to provide an extensive view on current trs and strategic directions shaping the landscape.

Key Insights:

1. Positive Growth Trs: A significant majority of restaurants reported experiencing unit growth in 2023.

2. Investment Priorities: Most executives m to enhance digital ordering platforms, refine loyalty programs, and upgrade Point-of-Sale POS technology.

3. EarlyIntegration: While still at an initial stage, many businesses are identifyingopportunities for future investments.

4. Transformation of Core Functions: At least half of restaurant chns are actively transforming their Accounting, Financial Planning Analysis FPA, and Resources departments.

To thrive in this dynamic market, restaurants must embrace innovation, leverage technology, and prioritize customer-centric strategies. To delve deeper into these trs and insights for 2024, download our comprehensive whitepaper and infographic.

Explore More:

Restaurant Industry Trs Report

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Infographic: Restaurant Industry Dynamics in 2024

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To stay ahead of the curve, businesses should implement strategies focused on digital transformation, customer engagement through loyalty programs, and cost-effective operational improvements. These initiatives are crucial for adapting to market changes.

Dive into our insights:

Industry whitepaper

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Infographic overview

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Meet Our Experts:

• Paul Fultz, Partner at KPMG US, Audit.

• Julia Wilson, Principal in Advisory Strategy and Sustnability at KPMG LLP.

• Alex D. Wood, Advisory Managing Director at KPMG US, Strategy - PDT.

• Elizabeth Miller, Partner and Audit Sector Leader – Retl at KPMG US.

• Duleep Rodrigo, U.S. Sector Leader for Consumer Retl at KPMG LLP.

To learn more about our services:

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