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Toast’s Q3 2024 Trend Report Reflects Increased Menu Prices and Restaurant Reservations
On December 10, 2024, restaurant software company Toast released its Q3 2024 Restaurant Trends Report, which included a market analysis based on data collected from various restaurants currently utilizing Toast’s digital restaurant platform.
Toast has been serving approximately 127,000 restaurants since September 30, 2024, providing a variety of technological services through its cloud-based platform including point of sale, payment processing, bookkeeping, online ordering, payroll, team management, and other features.
According to Toast data, restaurant reservations increased year over year (YOY) by 11% on Mondays and Tuesdays and...
Toast Unveils Restaurant Trends Report; Costs for Lunch Up, QSR Breakfast Spending Shifts
Toast, a digital platform for restaurants, unveiled its Q2 2024 Restaurant Trends report. The report highlights the state of the industry via aggregated data from a group of selected restaurants in U.S. cities on its platform.
During Q2 2024, Toast found that consumers paid higher prices at quickservice restaurants (QSR). Guests shelled out an average of $11.26 for sandwiches and wraps (+4.6% YOY), $12.98 (+4.6%) for bowls, $11.45 (+4.6% YOY) for burgers, $11.42...
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