In this week’s hospitality news headlines, restaurant gift cards expected to grow this holiday season, and Covid-19 surges again nationwide.
Food & Beverage
Fresh From The Oven 10.5.20: Covid-19 relief on the horizon
The US House of Representatives has proposed a Covid-19 relief bill that will infuse the hospitality industry with much needed cash. The proposed bill would provide the relief necessary for many restaurants to survive the coming winter months.
Avero Index Analysis: October 2020
September 28-October 4: Sales increase despite decline in outdoor sales Index at a Glance All Avero Index: Sales up 1%, no change in open units Midwest: Sales up 1%, no change in open units Northeast: Sales up 2%, open units increase 2% South: Sales up 2%, no change in open units West: Sales down 1%, […]
Fresh From the Oven 9.28.20: Indoor dining capacity expands in several states
Several states announced relaxed regulations on indoor dining capacity in restaurants last week.
Fresh From the Oven 9.21.20: Wildfires in the West Force More Restaurants to Close
Wildfires impact restaurants in the West, independent pizzerias thrive, hotel occupancy remains bleak, and more hospitality news here.
Avero Index Analysis: September 2020
AUGUST 31-SEPTEMBER 9: RESTAURANT SALES SPIKE OVER LABOR DAY WEEKEND Index at a Glance All Avero Index: sales up 6%, open units up 2% Midwest: sales up 7%, open units up 1% Northeast: sales up 2%, open units up 3% South: sales up 11%, open units up 2% West: sales up 9%, open units up […]
Avero Index Analysis: August 2020
AUGUST 3-9: U.S. SEES MODEST INCREASE IN RESTAURANT SALES Index at a Glance All Avero Index: sales up 1%, no change in open units Midwest: sales up 2%, open units up 1% Northeast: no change in sales, open units up 1% South: sales up 3%, open units up 1% West: sales up 1%, open units […]
Avero Index Analysis: July 2020
Below, you’ll find our archive of weekly Avero Index data and analysis for the month of July. June 29-July 5: Covid hotspots in U.S. see drop in restaurant sales Over the past week, concerns about Coronavirus in the US have reached new heights, with recorded positive cases increasing drastically across the country. We saw this […]
Avero and M3 Integration Boosts Financial Performance for Hotels
Avero is proud to announce our integration with M3, a cloud-based financial and data management platform for the hospitality industry. Our partnership delivers a software integration that allows our mutual customers to tap into the benefits of each platform. Avero works by capturing the data flowing into a restaurant’s point of sale (POS) system including food & beverage orders and customer payments. Restaurant operators can then easily access […]
