3,000 Restaurants Participate in New Canadian Restaurant Industry Study

2011-11-07
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  • Restaurant News Resource For the first time in more than 10 years restaurant operators from around the country and in every dining sector (QSR, Family, Casual and Fine Dining) have provided their restaurant operating data, allowing for the first comprehensive industry performance report in more than a decade.

    More than 600 restaurateurs representing almost 3,000 restaurants participated in The Bottom Line Survey produced by Toronto's Kostuch Media and FHG International (foodservice & franchise consultants) in association with Ryerson University School of Hospitality Management.

    The results of the survey have been electronically shared with more than 15,000 readers of Foodservice and Hospitality magazine and are available as an industry service to anyone who wants to learn more about the restaurant sector.

    Doug Fisher, president of FHG, said "Industry operators are hungry for operating data in which they can analyze operations in order to enable them to operate more effectively in a tough economic market. This type of operating data is what educators, operators and consultants have been clamouring for over the years. It is just this type of data, which provides details on operations by segment, by province, by number of seats, by square footage, by province, and by municipal location is just what operators need to measure their performance".

    Rosanna Caira, editor and publisher of Kostuch Media (publishers of Foodservice and Hospitality and Hotelier magazines) and one of the report's sponsors commented, "The number of responses to our survey was outstanding for our first effort and we have captured a statistically significant number of units. We hope that over the years, the industry will come to embrace these results through increased participation in future surveys, which will be conducted annually in January and February, with results posted every May of the same year."

    To access a free copy of The Bottom Line, follow this link 
    http://kostuchmedia.com/index.php?option=com_rsform&formId=10


    Logos, product and company names mentioned are the property of their respective owners.

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