While it has overcome numerous difficulties in the past decade, the restaurant industry requires careful navigation through unchartered territory in 2023, following a challenging end to 2022 due to inflation pressures and pandemic effects.
The restaurant industry will continue to face challenges this year including rising interest rates, the cost-of-living crisis, staffing shortages, country-specific industrial action, increasing energy costs, and global inflation. So, what can business leaders do to manage this?
A&M’s EMEA Travel, Hospitality & Leisure group have shared their insights on the upcoming challenges in 2023 and potential solutions in “The Restaurant Industry’s Balancing Act in 2023: Finding Growth in a Perfect Storm ”.
For a conversation about the challenges mentioned in this article and how A&M could help please contact James Halsall, Ed Bignold or Erin Brookes.
Richard Holt Recognized in 2024 NACD Directorship 100 for Excellence in Corporate Governance
November 25, 2024
Managing Director Richard Holt has been recognized as a 2024 NACD Directorship 100 honoree in the Governance Professionals and Institutions category. This prestigious award celebrates leaders who have shaped the landscape of corporate governance and boardroom practices through innovation, courage and integrity.
Navigating CEO Transitions: How Board Engagement Shapes Leadership Success
October 15, 2024
In our latest article, Managing Director Paul Mussellman and Senior Director Peter Hill shares actionable strategies for a successful CEO transition. Learn how to implement effective business reviews, talent assessments and compensation alignment to empower your new CEO and drive growth.
Better Design, Better Business (Part Two): Embracing Radical Innovation in Product Performance Optimization
October 1, 2024
In today’s fast-evolving markets, incremental improvements aren’t enough. Discover how Alvarez & Marsal’s 360° approach to radical innovation in product performance optimization can drive profitability, sustainability, and long-term success.
Mike Cremin Recognized as a Top 25 Travel and Hospitality Consultant and Leader of 2024
September 9, 2024
The Consulting Report proudly announces Mike Cremin, Managing Director at Alvarez & Marsal, as one of The Top 25 Travel and Hospitality Consultants and Leaders of 2024. These leaders play a crucial role in optimizing revenue management, enhancing guest experiences, and navigating the complex regulatory landscapes of global tourism.
