The Hospitality Hangout | Restaurant Industry Trends & Hospitality Leaders

In the latest episode of Hospitality Hangout, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Wade Alle, SVP and Chief Digital Officer for Brinker International for a special Super Bowl episode where they talk about kitchen automation and the importance of a back to the basics game plan on strategy. Brinker International a leader in casual dining restaurant companies whose brands include Chili’s Bar & Grill, Maggiano’s Little Italy as well as virtual brands. Allen says, “Let me start with if you don't know Brinker you probably don't know casual dining because over the course of the last forty-five plus years we've owned 30 different brands. But today our core brands are Chili’s, Maggiano's Little Italy and then we launched a virtual brand called, It's Just Wings about two years ago.”Allen’s role with the company is SVP and chief digital officer and his focus is on the on 1.2 billion dollars off-premise business. Over the last ten years Allen has had four different positions inside of the company, today he is running all of off-premise. In 2022 Kevin Hochman became the new President and CEO and his leadership is driving the team to be hyper focused on the things that reality matter. They talk about how Brinker is bringing the kitchen of the future to life today with kitchen automation. Allen shares that they have two new pieces of equipment including a grill that cooks proteins to perfection with a touch of a button. The second is an oven that Allen says cooks foods really fast and their steaks in 3 - 4 minutes, cooked perfectly. Brinker focuses on bringing their own innovation solutions as well as working with companies to integrate good technology. Allen gets to throw a question to Frischling and Schatzy during their talking back segment and he asks, how much technology is too much technology in the restaurant world? Is there a limit or is all technology great technology? Schatzy’s says, “I think the key is it's the integrations and the workflow and how does it work with everything you already have and your business so coming up with a solution for a problem is great, but every restaurant group is a little bit different. It's not the right fit for everybody or it's the right fit but it doesn't work into my flow.” Frischling adds, “I think there was an explosion of tech and to Schatzy's point and when he's talking about integrations I think the fact is the remainder of this year and even a lot of 24 are going to be about consolidation.”To hear more about what to expect in restaurant technology and the foodservice feud question, check out this episode of Hospitality Hangout. Episode Credits:Sponsored by: DirecTVProduced by: Branded Hospitality MediaHosted by: Michael Schatzberg, JImmy FrischlingProducer: Julie ZuckerCreative Director: Adam LevineShow Runner: Drewe RaimiPost Production: GrodMediawww.thehospitalityhangout.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the latest episode of Hospitality Hangout, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Bo Davis, co-founder and chief executive officer of MarginEdge.Davis before founding MarginEdge was the founder of Wasabi, a group of conveyor belt sushi restaurants currently operating in DC and Boston. Before Wasabi, he was in the US Peace Corps serving in Macedonia, earned an MS in Finance from London Business School, and founded an educational software company, Prometheus, which he sold to Blackboard in 2002. Davis had a restaurant in Northern Virginia and where he is based and primarily focuses on MarginEdge. In December 2022 MarginEdge secured $45 million in a Series C funding. Davis says, “as far as deploying new capital, we're not pivoting, we're digging in, where we are here to help restaurant restaurateurs operate and make their back lives a little bit easier, solve some problems for them so they can focus on their customers and their food.” Davis talks about the team and shares, “We're continuing to grow our product team now, we wrote most of the core product with five people and now we're growing to 45 people and dev, our sales team was a handful of people for a long time. We're now at about 50 people there, so we're just building out the team, we're going to market and we're pretty excited about it.” MarginEdge primarily focussed on selling to restaurants will now be selling to accountants and accounting firms that work with restaurants. Davis talks about selling to accounting firms and he says, “You know it's one of those things where we were doing it before, not really realizing we were doing it because it wasn't intentional but bookkeepers and accounting firms working with restaurants found the software super helpful because it basically takes out part of the headache of just capturing the invoices, getting them into accounting, tying in the point of sales, getting that into the accounting system so they can focus on the higher value things that they do, the cash flow management and the strategic stuff. And so we found that some of our biggest clients were actually firms.” To hear Davis’ answer for Tuesday Trivia and the new rollout for MarginEdge check out this episode of Hospitality Hangout. Episode Credits:Sponsored by: DirecTVProduced by: Branded Hospitality MediaHosted by: Michael Schatzberg, JImmy FrischlingProducer: Julie ZuckerCreative Director: Adam LevineShow Runner: Drewe RaimiPost Production: GrodMediawww.thehospitalityhangout.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “ The Finance Guy” were live from the Restaurant Marketing Summit where they talked with Robert Guarino, partner at Chef Driven and Andrew Nash, chief executive officer of Targetable. Guarino is a New York City restaurateur that has been in the city managing and owning restaurants since 1996. Chef Driven is a multi-concept restaurant group with all of their locations in New York City. The company has thirty years of history and are currently running 14 restaurants, 13 are unique concepts with 2 new concepts in development. Nash, an executive with over thirty years experience in technology, is the chief executive officer at Targetable, a done-for-you digital marketing platform for the restaurant and hospitality industry. They talk about customer journey marketing and Nash shares it’s all about the venue and experience and you need to create awareness, acquisition or the pre-customer, repeat customer or ideal customer follows and a loyalist or whale. Guarino jumps into the customer journey marketing topic and says as operators you need to get the customers into your restaurant as well as keep customers coming back by establishing initiatives. The discussion goes to having the right technology in restaurants that will allow employees to better service the guest and create a better guest experience. Guarino talks about using the guest feedback to power marketing. He says that guest feedback should be the key to keeping all of your existing guests and getting them back in the door. To hear the questions asked during the Talking Back, Marketing Addition and more about the importance of guest feedback from Nash and Guarino plus get the insights on how to treat customers throughout their journey as a guest in your restaurant check out this episode Hospitality Hangout. Episode Credits:Sponsored by: DirecTVProduced by: Branded Hospitality MediaHosted by: Michael Schatzberg, JImmy FrischlingProducer: Julie ZuckerCreative Director: Adam LevineShow Runner: Drewe RaimiPost Production: GrodMediawww.thehospitalityhangout.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “ The Finance Guy” were on the road at the ICR Conference 2023 in Orlando, Florida with guests Jim Balis, Managing Director, Capital Spring, Scott Lawton, CEO & CoFounder, Bartaco and Fred LeFranc, CEO, Results Thru Strategy. Balis leads CapitalSpring’s Strategic Operations Group. He stops by to talk with the guys at ICR to discuss what’s new at CapitalSpring. Balis shares the news that they closed on a fund back in April. He says he is excited about it and that they are going to continue to invest in the restaurant space. Balis says, “we've invested out of that fund already in some very exciting ventures and opportunities. As I think you guys know, what makes us unique is that we invest both in debt and equity.” Bartaco CEO and co-founder, Scott Lawton chats with the guys about having 24 company owned restaurants now and opening another 6 this year. Lawton says, “We're really excited, we've been kind of building up since covid and all these these are covid deals we're finally getting to launch the new fleet and we are super excited about it.” They are opening in Chicago and Charleston for the first time. They talk about Lawton’s view on 2023 biggest tech trends and he says, “Better ideas, better efficiency and we're going to have to figure out ways to drop more to the bottom line without adding to the top line.” LeFranc, CEO at Results Thru Strategy talks about the company and says, “Results Thru Strategy started in 2007 some so my co-founding partners and I decided that the industry needed an advisory firm that was not just an unemployed exec trolling for a job and we got together with 4 of us and now have over 15 entrepreneurial experts with minimum 30 years experience in their area of expertise we help emerging restaurant brands with a pathway to growth, we help legacy brands that need to revitalize their brand because they've lost relevance with their customers and we do a tremendous amount of work with technology companies that are trying to sell to the space.” To hear more from all of the guests that stopped by to chat with Schatzberg and Frischling at ICR, get branded quickfire Orlando addition responses and the crystal ball answers check out this episode Hospitality Hangout. Episode Credits:Sponsored by: DirecTVProduced by: Branded Hospitality MediaHosted by: Michael Schatzberg, JImmy FrischlingProducer: Julie ZuckerCreative Director: Adam LevineShow Runner: Drewe RaimiPost Production: GrodMediawww.thehospitalityhangout.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the latest episode of Hospitality Hangout, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Trevor Shimizu, co-founder and chief revenue officer of Brizo FoodMetrics. It is a data and analytics provider for the foodservice industry, analyzing 1.3 million eating and drinking establishments in Canada and the United States. Shimizu played professional ball for a few years before getting into technology. Frischling repeats one of his favorite podcast topics and says, “That operators did not get into the restaurant industry to become data analysts and funny enough Brizo didn't start off in the data industry to be restaurant data miners. So you know we're all kind of in this together now.” He adds that the first two pilots were actually foodservice businesses that led Shimizu to become Brizo FoodMetrics specializing in food metrics and the foodservice space.“We were taking some time, it took about a year to be quite honest with you. Doing a lot of research to understand where we might be able to bring our expertise, we just happened to come across two foodservice companies, technology companies within Québec City that asked us to do some projects with them on a pilot.” Shimizu shares about how Brizo started. He adds, “You know our expertise would be huge and so that's where the collection of the online data, organizing it and then presenting it through our all in one dashboard became extremely helpful and that's why we decided to put our focus right into the food service industry.” Shimizu talks about capturing visibility and reputation scoring. He explains, “the more sources that we find you online the higher your visibility score is going to be and we're also comparing you to your peers within that particular area. As an example, if you've only got a Facebook page at this time in the industry then you know you're going to get an extremely low score because most people are on five to six 6 sources whereas if you're on Facebook, you're on Instagram, you've got a profile on DoorDash and Uber Eats and your website and all these other places obviously your visibility scoring is going to be higher.” Reputation scoring is where they capture ratings and reviews from different sources and analyze a restaurant compared to their peers to see if your reputation is higher or lower than businesses in your area. To hear why technology companies are embarrassing Brizo, Tuesday Trivia, true or false answers and more about the NextBite partnership check out this episode of Hospitality Hangout. Episode Credits:Sponsored by: DirecTVProduced by: Branded Hospitality MediaHosted by: Michael Schatzberg, JImmy FrischlingProducer: Julie ZuckerCreative Director: Adam LevineShow Runner: Drewe RaimiPost Production: GrodMediawww.thehospitalityhangout.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the latest episode of Hospitality Hangout, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Tablz chief executive officer, Frazer Nagy. Tablz is an immersive 3D booking experience that is redefining the future of dining by enabling diners to select and to the table of their choice. Nagy talks about getting started in the restaurant industry, he says, “I think like a lot of successful founders and a lot of people in our space that make this jump, it's because we started in the industry. I was 13 when a family friend got me working as a banquet server at a golf course for weddings.” He adds, “I've just been in the industry my whole life, from busing to dishwashing, a little bit of even prep cooking. But I always had the gift of the gab. So the minute I turned 18 it made a lot more sense for me to be on the floor.”They talk about starting a tech company and Schatzberg says, “I just love when you have a restaurant operator turned techie because who better to know what restaurant operators need.” Frischling adds, “I love that they're the ones leading the technology revolution.” Nagy shares the news about relaunching the brand. He says, “for us brand and design is just at the center of what we do and that's not always the case for restaurant technology, I think often it's overlooked. But we have really created a culture here of a design-centric culture.” he adds, “This is many months in the making and this is something that's really really important because we are taking the Tablz brand and really turning it into this beautiful mature website platform in the digital ecosystem.”The discussion turns to the difference between the terms dynamic pricing and revenue management. Nagy shares, “Revenue management is the big thing. It's what all of those other terms you described fall underneath. So revenue management is really the combination of premium seating which is one element with dynamic pricing. When you add those things together you get revenue management and this is a big part of my life and our thesis and our belief about this industry is that we quite simply are the last industry in the world to do revenue management.” To hear the Tuesday Trivia answers plus get more insights into revenue management and enhancing the customer experience check out this episode of Hospitality Hangout. Episode Credits:Sponsored by: DirecTVProduced by: Branded Hospitality MediaHosted by: Michael Schatzberg, JImmy FrischlingProducer: Julie ZuckerCreative Director: Adam LevineShow Runner: Drewe RaimiPost Production: GrodMediawww.thehospitalityhangout.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the latest episode of Hospitality Hangout, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Dave Harris, chief information officer as well as chief technology officer at Shake Shack about how technology can enable and enhance the guest experience. Harris has been with Shake Shack for four years and has led technology teams across companies in retail, hospitality and consumer packaged goods. Some companies include Virgin Atlantic, Avis, JetBlue, Yankee Candle and more.Shake Shake serves elevated versions of the classics using only the best ingredients, says Harris. He adds that they are known for great burgers, chicken, hotdogs, frozen custard, beer, wine and more. Core values that Shake Shack focuses on are elevated food, made with the best ingredients, gathering and enriching their neighborhoods, and delivering enlightened hospitality at every touch point, says Harris. The original Shake Shack opened in New York’s Madison Square Park in early 2000. They have expanded to more than 400 locations across the United States and internationally. Harris talks about how Shake Shack will retrofit all locations with kiosks by the end of 2023. In 2017 they deployed their first kiosks in the Astor Place location and were able to use that data to develop the rollout program. Harris noted that about half of their locations currently have kiosks. He says that the kiosks are their highest profit margin channel and highest in check average check. Harris talks about investing in technology, he says from a guest perspective they have invested the most. He says they have invested significantly in digital products, they have custom IOS and Android mobile apps, a custom web ordering platform and the kiosk solution. Over the last two years Harris says that Shake Shack had to become more accessible, focus on multichannel delivery and make it easier for the Shack team. To hear Harris talk about the Shake Shack tech stack, including the tech that determines order wait time, plus find out what Harris’ talking back question is for the guys and the details of the foodservice feud check out this episode of Hospitality Hangout. Episode Credits:Sponsored by: DirecTVProduced by: Branded Hospitality MediaHosted by: Michael Schatzberg, JImmy FrischlingProducer: Julie ZuckerCreative Director: Adam LevineShow Runner: Drewe RaimiPost Production: GrodMediawww.thehospitalityhangout.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the latest episode of Hospitality Hangout, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Nick Stone, Founder and chief executive officer and Amy Hom, chief operating officer and chief people officer from Bluestone Lane. Stone talks about Bluestone, an Australian-inspired coffee shop, cafés & lifestyle brand committed to providing a genuine daily escape for all our locals. They offer premium coffee and healthy and delicious food through an ‘Aussie’ approach to life. Stone comes from a financial background and said he created Bluestone out of necessity. Stone adds that he didn’t leave finance until he had twelve Bluestone Lane locations. Stone offered advice when starting a new business saying, “I highly recommend to a lot of entrepreneurs you don’t have to go all in." He also adds that going all in is another degree of externalities and challenges. Hom has worked for many brands including California Pizza Kitchen, Wolfgang Puck, Red Robin and Sweetgreen. Hom says she has been blessed to work with great brands. She met Nick last year and Hom says Bluestone is a sexy brand and it is all about hospitality. Frischling says that what separates Bluestone Lane they lead with hospitality and connect with their locals. He adds that you can count on your local barista to know your name and recognize you when you walk in the door at Bluestone. They talk about the importance of hospitality and how it starts with great people. Hom shares that they take care of their employees and utilize heart checks. The locals are very important but they make sure their employees are taken care of too. She says it keeps them close and helps with retention. To hear about Bluestone cafés concept, the guys talk about real estate, the answers to the Tuesday trivia questions and the technology they are using check out this episode of Hospitality Hangout. Episode Credits:Sponsored by: DirecTVProduced by: Branded Hospitality MediaHosted by: Michael Schatzberg, JImmy FrischlingProducer: Julie ZuckerCreative Director: Adam LevineShow Runner: Drewe RaimiPost Production: GrodMediawww.thehospitalityhangout.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the latest episode of Hospitality Hangout, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with R.J. Melman, President of Lettuce Entertain You, a fifty-one year old restaurant group that is privately held with over one hundred and twenty restaurants across the country in thirteen different states. It is based out of Chicago, Illinois. Melman’s dad, Rich Melman started the company back in 1971 when he opened a restaurant with his best friend Jerry Orzoff. Melman’s siblings Jarrod and Molly are both part of the Lettuce Entertain You Restaurants team. The guys share breaking news and say that Lettuce has just opened their first restaurant in Florida. It is Aba, a Mediterranean restaurant that brings cooking influences from the Mediterranean, including Israel, Lebanon, Turkey and Greece. Also the group is opening RPM Italian in West Palm Beach and Summer House in Orlando. In Chicago in 2023 Melman talks about the new collaboration between Tao Group Hospitality. The partnership will bring a new private members club. The guys also talk about the Lettuce loyalty program that has been around for more than three decades. Now the program is free through the app. Recently they announced that Lettuce has partnered with DoorDash for a first of its kind loyalty program. The program powered by DoorDash will now allow guests to receive loyalty points and redeem gift cards for takeout and delivery. Melman’s goal when he became President was to use tech to transcend hospitality in dining rooms, bringing hospitality and technology together. Melman says they are in the process of switching over our general ledger, HR solution and more. Melman shares how the company continues to keep things going well with all of the expansion. They have been consistent on expansion over the last thirty years and said that the team has played a role in the growth. To hear more about Lettuce’s tech strategy, the foodservice feud and the talking back segment plus get the answer to the trivia question, check out this episode of Hospitality Hangout. Episode Credits:Sponsored by: DirecTVProduced by: Branded Hospitality MediaHosted by: Michael Schatzberg, JImmy FrischlingProducer: Julie ZuckerCreative Director: Adam LevineShow Runner: Drewe RaimiPost Production: GrodMediawww.thehospitalityhangout.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the latest episode of Hospitality Hangout, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Aaron Noveshen, Founder and CEO of Starbird and Founder and Chairman of The Culinary Edge. The Culinary Edge is a food and beverage innovation firm that was started by Noveshen over twenty years ago and Starbird is a fast-casual chicken chain that their team created after identifying chicken was about to grow significantly. The guys talk to Noveshen about the success of marketing Starbird’s limited time offers, better known as LTOs including the Cali Bacon Dutch Crunch. The Dutch crunch bread is baked in house and the chicken sandwich has made it to the menu. Novenshen says that their secret sauce is their Star Sauce. Starbird earlier this month made QSRs best brands to work for list. The company is known for developing talent and its people first culture as well as provides incentives and educational programs for their employees as well. “Good food can come and go, restaurant concepts can come and go but the people are what it’s all about,” says Noveshen. He adds, “our tagline is positively delicious chicken, it’s our goal everyday to create positivity, not only in the lives of the people walking in the door everyday but also the people who are working there everyday. We want to make a difference in their lives.” Noveshen asks the guys how they prioritize everything they need to do everyday during the talking back segment. Frischling says how he loves to create lists and loves what they do. Schatzberg and Frischling both feel strongly about their hospitality community and said that their village helps them do what they need to do everyday. To hear more about Starbird’s values and the foodservice feud question plus Noveshen's Tuesday Trivia story about being a Lyft driver check out this episode of Hospitality Hangout. Episode Credits:Sponsored by: DirecTVProduced by: Branded Hospitality MediaHosted by: Michael Schatzberg, JImmy FrischlingProducer: Julie ZuckerCreative Director: Adam LevineShow Runner: Drewe RaimiPost Production: GrodMediawww.thehospitalityhangout.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.