Solution

Restaurant Trends

Maximize your restaurant's performance with our Restaurant Trends benchmarking solution. Participate in our collaborative data-sharing platform, where sharing your restaurant's data grants you access to an extensive range of industry benchmarks. Compare your average check, seat turns and RevPAS against industry norms to pinpoint improvement areas and discover new opportunities for growth.

  • Key Performance Indicators Measured: Monitor a spectrum of KPIs including RevPAS, seat turns and average check to comprehensively assess your restaurant's performance.
  • Market Trends and Performance Insights.
  • Data-Driven Strategy.
Restaurant Trends

Restaurant Trends

We outline how benchmarking your business against key performance indicators can help you identify areas for improvement and ultimately gain a competitive edge

The Restaurant Trends solution by Benchmarking Alliance is a dedicated benchmarking tool specifically developed for the restaurant industry, offering a comprehensive suite of services to boost restaurant performance. By allowing restaurateurs to compare their sales, customer footfall, and menu performance against industry benchmarks, it provides critical insights into market trends and operational effectiveness.

This service is crafted to endow restaurant owners and managers with data-driven decision-making capabilities, ensuring they can strategically navigate the competitive food and beverage market. Emphasizing real-time data and analytics, Restaurant Trends delivers a tailored benchmarking experience, making it an indispensable resource for any restaurant aiming to enhance its operational efficiency and capitalize on emerging market opportunities.

Latest benchmarks

Stockholm - January 2024

RevPAR

+7.2% vs LY

559SEK

TRevPAR

+6.0% vs LY

936SEK

On-the-Books

+38.0% vs LY

17%

Copenhagen - January 2024

RevPAR

+12.4% vs LY

430DKK

TRevPAR

+13.0% vs LY

621DKK

On-the-Books

+21.2 vs LY

16.1%

Oslo - January 2024

RevPAR

+10.0% vs LY

652NOK

TRevPAR

+8.8% vs LY

1088NOK

On-the-Books

+29.1% vs LY

19.4%

Helsinki - January 2024

RevPAR

+1.6% vs LY

46.11

TRevPAR

+7.4 % vs LY

79.04

On-the-Books

+28.5% vs LY

12.2%

Reykjavik - January 2024

RevPAR

-5.9% vs LY

12997ISK

TRevPAR

-7.3 % vs LY

17173ISK

On-the-Books

+27.5 % vs LY

41%

Riga - January 2024

RevPAR

-1.4% vs LY

26

TRevPAR

-4.0 % vs LY

40

Tallinn - January 2024

RevPAR

-6.9 % vs LY

9.87

TRevPAR

-6.5 % vs LY

46

On-the-Books

-9.7 % vs LY

13%

Get to know the product

Enhancing Restaurant Success: In-Depth Benchmarking with Restaurant Trends

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How Restraurant Trends works

Restaurant Trends system collects data from participating restaurants, integrating automated data collection or if you prefer manual reporting options. The benchmarking is conducted against carefully selected compsets, defined by you, which are large enough to ensure data confidentiality and market relevance. This method yields accurate KPIs and benchmarks reflective of your competitive landscape. Accessible through an intuitive web interface, downloadable in Excel, or via email updates, Restaurant Trends' insights, derived from both individual performance and compset comparisons, provide a deep understanding of your restaurant's position in the market, driving strategic and data-informed decisions.
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KPIs measured by Restaurant Trends

Restaurant Trends specializes in tracking the key performance indicators (KPIs) that are most important in the restaurant industry. These KPIs offer a comprehensive assessment of your restaurant's performance, shedding light on both its strengths and areas for growth.

  • RevPAS
  • Seat turns
  • Average check
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Using Benchmarking in Restaurant Operations

Implementing Restaurant Trends benchmarking is an effective strategy across all areas of restaurant management. In leadership meetings, it provides a data-backed basis for strategic decisions, enabling managers to make informed choices based on industry benchmarking. For frontline staff, these benchmarks offer guidance for daily service and operations, aiding in meeting and exceeding industry standards. The insights gained are also crucial for staff training, aligning every team member, from kitchen staff to service personnel, with the restaurant's performance objectives. Integrating benchmarking into routine operational reviews and strategy sessions, Restaurant Trends becomes a key component in driving continuous improvement and success in your restaurant.

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The ROI of using Restaurant Trends

Utilizing Restaurant Trends brings measurable advantages to your restaurant. This tool delivers in-depth insights and practical data, contributing to enhanced operational efficiency and improved customer experiences, ultimately boosting revenue. Restaurants employing Restaurant Trends report increased sales, better menu performance, and effective cost management. The return on investment manifests in heightened financial outcomes and the capacity for informed, proactive decision-making. This keeps your restaurant ahead in a competitive and ever-evolving industry.

Don't just take our word for it

Being a customer since 2010, we have consistently relied on Benchmarking Alliance's Hotel Trends and On-the-Books to steer our decision-making process. The depth of analysis on key performance indicators have not only enhanced our strategic planning but also significantly boosted our market competitiveness. Their service is a game-changer for any hotel serious about staying ahead in the industry. There is not a day at the office when the Benchmarking Alliance-reports are not on the screen.

Strawberry-Pär
Pär Augustsson VP Total Profit Strawberry

I am regularly using the On-the-Books report. It provides a clear and comprehensive overview of the markets future bookings. I use it in our commercial meetings showcasing our current performance but also in comparing us with our competitors. It's a great tool that helps us quickly understand why we are leading in some areas and gives us a chance to delve into reasons when we're trailing behind in others. This report has become an invaluable part of our work routine.

jacyz_eric
Eric Bäcklund Total Revenue Manager Jacy'z Hotel & Resort

As a DMO Benchmarking Alliance is an invaluable tool in our daily work. It provides critical market insights and a broader view of the region's overall status. This information gives us confidence when discussing the tourism industry with the media, enabling informed comparisons. We are impressed with Event Intelligence, a standout tool for tracking major regional events and their impact on hotel occupancy and RevPAR in the Stavanger area. It provides us with a clear and actionable perspective.

PerMorten
Per Morten Haarr Director Of Tourism Region Stavanger

Throughout our longstanding partnership, Benchmarking Alliance has proven to be a strong partner for us. Their comprehensive reports serve as a cornerstone for our revenue analysis, whether it is on chain level, for hotels on our revenue service or for individual properties. The reports offer great insights, not only shaping the strategy of our hotels but also driving the overarching strategy of BWH Hotels Scandinavia. The team at Benchmarking Alliance is great to collaborate with and always helpful.

Monika
Monika Moser Chief Technology Officer BWH | Hotel Group

As a mid-sized Swedish city, we greatly benefit from data-based analysis. Through Benchmarking Alliance, we gain a comprehensive view of how Linköping is developing as a destination, both in favorable and challenging times. The ability to compare with other cities, almost in real-time, makes this tool even more valuable. In short, we encourage all hotels in Linköping to participate in Benchmarking Alliance for their own benefit and for the advancement of Linköping as a destination.

Jörgen
Jörgen Nilsson Head of Tourism Visit Linköping & Co

Benchmarking is a valuable tool for evaluating your market position. It reassures you during peak season that your pricing is on point and during low season that dips in occupancy are a general trend. This comparison helps you understand the market better and identify dates where you can increase prices. Benchmarking a user-friendly tool that uncovers key metrics, allowing you to delve deep into the numbers.

linda
Linda Karlsson Hotel Manager Brösarps Gästgifveri

How to get started

Get started in three steps

Step 01

Demo

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Book a demo

Begin your journey by scheduling a personalized demonstration. This initial step provides an opportunity to see the platform in action, understand its capabilities, and how it can be tailored to meet your specific needs. Our team will guide you through the features and benefits of the solution, ensuring you have a clear understanding of its value and impact.

Step 02

Integrate

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Easy start and POS integration

Once you decide to proceed, the integration process is streamlined and straightforward. Restaurant Trends seamlessly integrates with your existing Point of Sales (POS), ensuring a hassle-free setup. Our support team will assist you in this process, making sure the transition is smooth and that the system is configured to align with your hotel's specific requirements and data points.

Step 03

Perform

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Benchmark and enhance performance

With an integrated solution, you can start benchmarking your performance against industry standards. This final step involves utilizing the insights and data-driven analysis provided by the tool to identify areas of improvement, set strategic goals, and implement changes. Regular use of benchmarking will empower you to continuously monitor performance, stay ahead of market trends, and make informed decisions to improve your operational efficiency and profitability.

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Your data is secure

At Benchmarking Alliance, we have earned the trust of numerous large corporations due to our unwavering commitment to data security. Your data is more than just numbers to us; it's a vault of your business insights, deserving high level of security. Our reputation is built on a foundation of trust and confidentiality, ensuring your data remains unexposed and secure at all times. With clients that includes many reputable corporations, you can confidently entrust us with your data, knowing it will remain secure and undisclosed.

Integrations

All the essential integrations your hotel requires for seamless operations.

Seamless Integration with Leading Hospitality Solutions; Hotel Property Management Systems (PMS) and other Hotel Solutions.

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Mews

Mews is a property management system designed to simplify and automate all operations for modern hoteliers and their guests.

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Opera Cloud

OPERA Cloud Property Management simplifies IT and centralizes data, making information accessible to everyone, anywhere. 

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VisBook

Focus all your energy on your guests' experience with one smooth hotel PMS that manages everything - from booking to check-out and beyond.

spectra

Spectra

Release you from the limitations of older complex hotel systems and opens up the possibilities of a modern cloud solution