Menu inflation is at an all-time-high and Christine and Keith give tips on how to deal with this crisis. They also share their thoughts on the mask mandates and outdoor dining sheds as NYC nears the end of the pandemic.
[00:38] Bill de Blasio
[02:40] Mask Mandates
[09:03] Joe Biden’s State of the Union
[10:42] Restaurant Inflation
[16:21] How to Deal with Inflation Costs
[24:25] NYC Getting Rid of Outdoor Dining Sheds
How to Deal with Inflation
Menu prices hit a 39-year high inflation rate last November 2021, food-away-from-home index rose 0.6%, and prices for limited-service restaurants have risen by 7.9% over the past year. Flipdish gives tips on how to deal with inflation, but Christine and Keith share how they can sneak in subtle price increases to combat the rising costs. One is to look at your menu pricing and inventory every six months and run your numbers, another is to limit core items and write your menu accordingly to what deals you’re getting and what you can find at the moment by subtly decreasing portions, and to try to redesign their menu to sell more profitable items to drive the bottom line and less on increasing sale.
Where to Find Them:
Facebook - DeVita & Hancock Hospitality Group Inc.
Instagram - @devita_hancock_hospitality
YouTube - Behind the Counter with DeVita & Hancock
TikTok - Behind the Counter with DeVita and Hancock
Official Website - DeVita and Hancock Hospitality Group
Christine DeVita on LinkedIn
Keith Hancock on LinkedIn
connect@dhhospitalitygroup.com
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