Restaurants/Hospitality
Current Hospitality HeadlinesRestaurant Industry Outlook Brightens in 2010 as Sales, Economy Are Expected to ImproveHumane Society pressures restaurants – Purchases StocksGlen W. Bell, Jr., Founder of Taco Bell, Passes Away at 86Archive of Restaurant/Hospitality Articles Useful LinksNC Restaurant and Lodging Association - www.ncrla.bizDining out is one of our most enjoyable pastimes. Where to eat, what's good, what's new, where can I take a client to lunch, these are tough questions. Cape Fear Business News is here to help. From the best hot dogs and burgers to fine dining and great wines will be found here. Soon you can check out the latest restaurant openings or hospitality news releases on our restaurant page. |
Weekly Hospitality StoryRestaurant Industry Outlook Brightens in 2010 as Sales, Economy Are Expected to ImproveWASHINGTON, DC – The restaurant industry is expected to show gradual improvement in 2010, according to the National Restaurant Association’s 2010 Restaurant Industry Forecast released today. Industry sales are projected to reach $580 billion this year, a 2.5 percent increase in current dollars over 2009 sales. When adjusted for inflation, 2010 sales will be essentially flat, which is an improvement over the 1.2 percent and 2.9 percent negative growth in real sales that the industry experienced in 2008 and 2009, respectively. |
