Tag Archives: national restaurant association

Restaurants Mark Strongest Net Positive Sales Since 2007

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Increase in SalesThis just out from the National Restaurant Association’s Restaurant Performance Index (RPI): Restaurants mark strongest net positive sales since 2007.

The RPI is a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry. It consists of two components, the Current Situation Index and the Expectations Index. The RPI measures the health of the restaurant industry in relation to a state level of 100. If the index is above 100, key industry indicators are in a period of expansion. If the index values lower than 100, this signifies a period of contraction in key industry indicators.

The Current Situation Index measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures).  These indicators have signified industry expansion with its second time in the last three months that the Current Situation Index ratings are above 100.

The Expectations Index measures restaurant operators’ six-month outlook for four industry indicators (same-store sales, employees, capital expenditures, and business conditions). For the third consecutive month the Expectations Index stood above 100 which mean operators expect a positive outlook for business conditions in the coming months.

A look at some of the promising reports:

  • Capital spending on a rise: 46% of operators said they made a capital expenditure for equipment, expansion, or remodeling during the last three months (highest in five months).
  • Strongest net positive sales since August 2007: 54% of operators reported a sales gain.
  • Stronger customer traffic: 41% of restaurant operators reported high customer traffic levels between November 2010 and November 2011
  • Same-store sales gain: 50% of restaurant operators reported positive growth for the sixth consecutive month in November.
  • Operators optimistic about sales growth in the coming months: 41% of restaurant operators expect to have higher sales in six months (compared to the same period in 2010).

For a more detailed data and analysis, visit Restaurant TrendMapper, the National Restaurant Association’s subscription-based service that provides detailed analysis of restaurant industry trends; or to view the full report online by visiting the Association’s website.

If your restaurant is seeing an increase in business and expect this trend to continue like the rest of the restaurant industry, you may need to advance your technology. To make daily operations a seamless service from start to finish, check out Pinnacle Hospitality Systems. Pinnacle offers business solutions to integrate your point of sales system, accounting, credit authorization, online ordering, and inventory in a single easy to use interface with POSitouch. For more information, contact Pinnacle today.

Pinnacle and POSitouch Make Headlines at 2011 NRA Show

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NRA Show 2011 Pinnacle Hospitality Systems

Last weekend, from May 21st to the 24th, the annual National Restaurant Association (NRA) Hotel-Motel Show dazzled McCormick Place in Chicago. The event attracted tens of thousands of national and international guests to take part in the largest gathering of restaurant, food service and lodging professionals in the world.

This year Pinnacle Hospitality Systems was among the 1,800 other exhibitors showcasing industry products, services and innovative ideas. Pinnacle CEO Don Potter displayed the POSitouch, which is the premier point of sale system for the hospitality industry. With applications for table service, quick service, hotels, country clubs, delivery and stadiums, the POSitouch is successfully used in thousands of businesses around the United States. The estimated 60,000 NRA show attendees saw first-hand the ease and customizable options offered through the POSitouch.

Pinnacle was among the best and the brightest of the restaurant industry—from celebrity chefs to top-of-the-line kitchen innovators. Cutting edge equipment, breakthroughs in sustainability and advances in technology all provided many opportunities for growth and excitement for the future of the industry. Pinnacle was proud to be apart of this prestigious event and showcase one of the leading POS systems in the service industry.

For see a behind-the-scenes action about the show, check out Pinnacle Hospitality Systems Facebook page.

Digital Surveillance Makes Your Business Safer, Stronger, and Smarter

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As an industry leader and innovator in the field of intelligent digital surveillance, Pinnacle Hospitality Systems has helped a wide range of businesses in the restaurant and hospitality industries protect their employees and bottom line profits through video surveillance strategies.

The value of implementing restaurant digital surveillance strategies extends well beyond safety issues, to encompass operational, merchandizing, productivity and customer service enhancements.  According to a 1999 study done by the National Restaurant Association, employee theft averages $218 per person on an annual basis. To make matters worse, security experts think that estimate is conservative.

According to the Association of Certified Fraud Examiners, occupational fraud costs the average business $4,500 per employee annually. The total national loss to occupational fraud is over $400 billion, and the restaurant industry claims over 9.5 percent of the total.   This staggering amount can be drastically reduced by installing the proper digital video surveillance system into your hospitality-based business. 

No matter what size your facility or DVR needs are, Pinnacle Hospitality Systems have a solution that will work for you. Our industry-leading DVR systems digitally record video, and provide real-time footage when connected to the internet for access from any location.

Our advanced restaurant DVR systems are available in wired versions and are complete with cameras and all needed components and cables.  Contact Pinnacle today for a free consultation for your restaurant POS needs.