The pandemic has undoubtedly devastated the restaurant industry the hardest. There have been millions of jobs lost with nearly 100,000 restaurants closing their doors permanently. The monetary loss is exponential and expected to lose around $240 million this year. Restauranteurs have been hopeful that before winter hit a vaccine would be available, but as the colder months creep in, the sign of a solution is still not clear. Restaurants have
We sat down with Dylan Penebre, CEO of PointOS, to learn more about how restaurant technology has changed in response to the Covid-19 crisis and its effects on the restaurant industry at large. Q: For those who don’t know, what is PointOS? A: PointOS is an industry leading restaurant management platform that brings together all pieces of restaurant management technology, from order entry, payment processing, reporting analytics, online ordering,
The QR Code Comeback In the middle of what most are defining as the worst economic recession in the past 100 years, the ideas of “social distancing,” “contactless marketing” and “safety first” are becoming the new norms of interaction. Businesses big and small are looking for ways to offer customers a touch-free experience. In fact, one of the CDC’s new guidelines for travel is to use contactless options whenever possible. For your business
Contactless payments launched in 2007, but its only now that the pandemic is driving a shift toward a cashless society. With electronic payments businesses and consumers can reduce multiple touch points in restaurants, adhering to COVID-19 safety measures. As consumers continue to maintain social distancing from cash, they are becoming more comfortable with using cashless payment methods for purchases, and there are no shortages of payment options. They can make
The restaurant industry has been hit the hardest over the past few months. Although we are seeing an ease in restrictions as restaurants begin reopening for sit down dining, many diners remain wary of being around others. Because of this, takeout and delivery will continue rise in popularity and be the salvation of the dining market. What we know is that third-party apps dig deep into the profits of your
Take-out and delivery have become an essential part of restaurants’ business due to recent COVID related changes and regulations. So, as the world enters a new normal you will see more businesses adapting to survive. Online ordering is one of these adaptations-for most restaurants it was once a luxury but is now a necessity. Currently there are two main ways to get your business online. One way is to use
If there is anything certain it is that the best innovations for businesses come from hardships. The COVID-19 pandemic is no different, and it has showed us how quickly the restaurant industry can adapt to changed consumer behavior. From being able to have everything at your fingertips to now craving your favorite food-we quickly switched to limited restaurants offering us take-out or delivery only. While we are sure some changes
The detailing descriptions of the $670 billion Paycheck Protection Program, which issued paycheck protection loans, created by the Cares Act, are also the most frustrating, especially for restaurant owners. These loans are said to be forgiven if all employees are kept on the payroll for eight weeks and the money is divided up by 75% for payroll and 25% for the remainder of expenses like rent, mortgage interest, or utilities. So
The way we eat, where we eat, and what we eat are definitely changing as a result of the coronavirus. Restaurants are now coming up with new and innovative ways of giving their customers a unique dining experience, while making sure that all guidelines of social distancing are maintained. Here’s a look at 6 of the unique ways restaurants are battling this challenge. 1. The Inn at Little Washington @innalittlewash
Our lives and the economy have been disrupted in unimaginable ways due to the Covid-19 pandemic. However, we can’t keep the world shut down forever, life must continue into the next phase of normal. Whilst the country plans to start re-opening in phases, they use what has been learnt from China for the foundation of the approach. You can check in the map here for the re-opening of states. The