Restaurant Profitability Remains Low Post-Pandemic
Image Source: Shutterstock / RB
Restaurants operate on notoriously thin margins, and profitability has slimmed even further since the pandemic, according to a new report from the National Restaurant Association (NRA). In 2019, the median income among full-service restaurants was just 4% of total revenue. Despite increases in menu prices to adjust for inflation, the NRA report reveals that current median income among restaurants has dropped to 2.8% of total revenue. The reason? Higher menu prices have not offset historically high food costs. Plus, higher menu prices have turned off some diners who refuse to pay more for their meals.
50 Top Pizza Releases USA Rankings
Image Source: Mako Barmon / Una Pizza Napoletana
50 Top Pizza released their rankings list for the USA earlier this month. Una Pizza Napoletana in NYC earned the number one spot for best pizzeria, while Pizzeria Sei in Los Angeles took second. 50 Top Pizza determines their rankings by sending anonymous judges to the best pizza spots around the globe and advancing winners for consideration in the global rankings, which come out in September. Twelve of the pizzerias on the US list will be entered into the global competition for consideration.
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The World's 50 Best Restaurants List For 2025 Is Here
Image Source: Nomadic Foodist
The largely awaited annual World's 50 Best Restaurants List for 2025 is finally here. The list features the best restaurants from 32 cities and 22 countries around the world. Maido in Lima, Peru took the number one spot with chef Mitsuharu ‘Micha’ Tsumura's innovative takes on traditional Japanese food. An honorable mention is due for Sühring in Bangkok, Thailand, where German twin brothers and chefs Mathias and Thomas Sühring draw inspiration from multiple European and Thai cuisines to create a creative seasonal menu with a primarily German influence. The pair's restaurant landed the 22nd spot on the list. This year's list was sponsored by San Pellegrino and Acqua Panna.
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Michelin Guide Announces 2025 Debut in Boston and Philadelphia
Anonymous inspectors have already touched down in the two cities, and selections in the guide are expected at the Northeast Cities Guide Ceremony later this year. The exact date for the ceremony has not yet been determined, but it's expected to take place in the fall. “The local passion, talent, and camaraderie in both Boston and Philadelphia are evident in their restaurant communities and the anonymous Inspectors look forward to spotlighting their unique experiences in both cities,” said Gwendal Poullennec, International Director of The Michelin Guide. Philadelphia and Boston will be joining the already recognized cities for the northeast, Chicago, New York City, and Washington D.C.
Michelin Expands Guide To Southern US
Image Source: Ryan Fleisher / Eater
The Michelin Guide recently announced the organization's plans to expand their U.S. coverage with the addition of the American South. Michelin has been widening their U.S. reach significantly in the past few years, with inaugural guides being released in Colorado, Texas, and Atlanta between 2023 and 2024 alone. Financial partnerships with travel companies funded the expansion into the South. Now chefs in Alabama, Louisiana, Mississippi, the Carolinas, and Tennessee will be able to compete for recognition from the guide and showcase the region's talent.
