This website uses cookies to ensure you have the best experience. Learn more

Analysis Of The Upscale/Fine Dining Sector In The Restaurant Industry

6960 words - 28 pages

Johnson & Wales University ScholarsArchive@JWU
MBA Student Scholarship The Alan Shawn Feinstein Graduate School
Analysis of the Upscale/Fine Dining Sector in the Restaurant Industry Volha Ban Johnson & Wales University - Providence,
Follow this and additional works at: Part of the Business Administration, Management, and Operations Commons, Business and
Corporate Communications Commons, Finance and Financial Management Commons, Food and Beverage Management Commons, and the Marketing Commons
This Research Paper is brought to you for free and open access by the The Alan Shawn Feinstein Graduate School at ScholarsArchive@JWU. It has been accepted for inclusion in MBA Student Scholarship by an authorized administrator of ScholarsArchive@JWU. For more information, please contact
Repository Citation Ban, Volha, "Analysis of the Upscale/Fine Dining Sector in the Restaurant Industry" (2012). MBA Student Scholarship. Paper 10.

Analysis of the Upscale
An industry Analysis Submitted in Partial Fulfillment of the Requirements for the MBA Degree
Faculty Advisor, Martin Sivula, Ph.D.
Feinstein Graduate School
Analysis of the Upscale/Fine Dining Sector in the Restaurant Industry
An industry Analysis Submitted in Partial Fulfillment of the Requirements for the MBA Degree
Course: MGMT 6800 Instructor, Paul C. Boyd Ph.D.
Faculty Advisor, Martin Sivula, Ph.D.
Volha Ban
May 3, 2012
in the Restaurant Industry

Executive Summary
Upscale segment of the restaurant industry makes up approximately 10% of total U.S.
restaurant sales (Trends in Fine Dining, 2011a). Severe impact of the economic downturn on the
fine-dining segment demonstrated the 13% decline in customer visits in 2009 what triggered
steep decline in sales.
In 2011 industry experienced positive tendency and renewed interest to high-profile
steakhouse chains and upscale seafood restaurants. As National Restaurant News stated "…fine-
dining restaurants will remain popular as long as they continue to offer individuality, food
quality and more casual setting …"(Trends in Fine Dining, 2011a). Trend of casualization in
fine dining led to the implementing of two different concepts within one establishment: casual
bar area with small-plate offerings and formal dining space for the whole experience.
Ruth's Hospitality Group, Inc. (Ruth's) is one of the leading companies in the segment
that demonstrated positive trend in revenue within five years (2007- $319.17M, 2008 -
$393.65M, 2009 - $344.63M, 2010 - $357.63M, 2011 - $369.57M) (Ruth's Hospitality Group,
Inc., 2012a). Balance sheet of the company confirms Ruth's capability of paying its bills and
investing in the future growth.
Dealing with economical factors, change in customer preferences and strong competition
Ruth's proved the strength of the company with overall success....

Find Another Essay On Analysis of the Upscale/Fine Dining Sector in the Restaurant Industry

The Affect of Food Allergies on the Restaurant industry

1871 words - 7 pages Has the rise in customer food allergies had any impact on the restaurant industry? Food allergies and food intolerance are a scientific phenomenon that has been affecting people basically since the beginning of time, though they were previously rarely heard of. Today, however, 20the number of people with food allergies is much higher and it is still on the rise. The book 8Peanut Butter, Milk, and other Deadly Threats: What You Should Know

Restaurant Industry: The Doha Quick Stop in New York

2402 words - 10 pages industry with continuing overall restaurant growth •Accounts for 10% of all food service sales •83% of Doha residents eat pizza at least once a month •Children between 3-11 prefer pizza over all other food groups 4.3.1 Competition and Buying Patterns Doha Quick Stop shops will be competitive in the mid-price point, fast casual dining market. Quality, Variety and Quick is the goal of Doha Quick Stop. The customers will be provided with the highest

The Social Networking Industry in the Service Sector

2566 words - 11 pages EXECUTIVE SUMMARY: The following report discusses about the Social Networking industry in the Service Sector. The report initially discusses the growth of the industry in the past years and also discusses about the future growth prospects of this industry. After a brief industry analysis the report tells about the company FACEBOOK and the services that the company gives to the consumers. The services that like gaming, sharing images

The business analysis of establishing a new restaurant in Dockland area of Melbourne city, Australia

829 words - 3 pages be a condition to control business, for example, "Yarra health inspector are investigating complaints that food scraps are being left along Richmond's popular Vietnamese restaurant strip and in residential bins contributing to a rat problem … Melbourne water's Ben Pratt said the amount of waste on Victoria St. was a major concern because of its closeness to the Yarra river". (Cairns, L. 2006, p.5). From the problem Melbourne water's might

Write a business report on the 'Kentucky Fried Chicken Corporation (KFC)', one of the world's largest chicken restaurant chain. Include SWOT analysis and Industry & Competition analysis

3749 words - 15 pages industry to stand in competition with the firms in fast-food industry, which is very unique. However, there are various segments in the fast-food sector of the restaurant industry, which may be identified as substitutes for each other. These segments are sandwich chains, pizza chains, family restaurants, grill buffet chains, dinner houses, chicken chains, nondinner concepts, and other chains. Usually, such chains have price cuts and improved quality

Personal Narrative- The Importance of Family Dining

1406 words - 6 pages begin to take into account the benefits reaped when the entire family comes together, taking time out from their busy schedules to share their day’s trials and tribulations over a hot cooked meal. Tom Ohling, Portland, Oregon, chef, consultant, and writer, in his article published in The Oregonian writes: "The importance of family dining cannot be overemphasized. People looking for ways to keep the family together can find answers in mealtime

Dining with the presidents of U.S history

1157 words - 5 pages In the United States of America, the president has served as the leader of his nation (serving as the executive branch out of the three branches of government). Three of these presidents have inspired, spurred, and supported major causes and event throughout history. First, George Washington, the patriotic war hero and the first presidentof the United States of America during the American Revolutionary War against Great Britain. Second

Summary of Clock Speed: Winning Industry Control in the Age of Temporary Advantage by Charles H. Fine

1536 words - 6 pages industries such as entertainment and computers (very fast), one can draw conclusions for the automobile and aircraft industries (longest cycles noted). In his analysis, Charles Fine goes on to note that as the speed of an industry accelerates, the advantage one company may gain shortens – advantages are temporary. This conclusion is somewhat intuitive since the research and development to production cycle gets shorter. Others can copy and move into

The Importance of Fine Arts in Education

1117 words - 4 pages are necessary for a successful education. Benedict J. Smar said of the budget cuts, “Fine arts are vulnerable to budget cuts partly because children are not tested in music or art under No Child Left Behind” (Colt). Tests are the main way that students are evaluated so it makes sense that if the topic is not covered on a test then it does not need to be taught. The consequence of cutting the arts is that the grand effect is overlooked. The system

The Application of Aluminium in Automobile Sector

2076 words - 8 pages Life cycle analysis means the study of application of aluminium in automobile industry from initial stage to final stage and again recycling of material. In general we may see how recycling and life cycle analysis is carried out in automobile industries Let us consider how aluminum flow throughout the life cycle of a vehicle for example a car. We consider the aluminium engine block, now in modern technology engine block is made by

The Case of Brewing Sector in Russia

7710 words - 31 pages large amount of capital and as a result the Russian market is promoting the investment in such sectors. Local producers mainly dominate this industry, being the foreign presence limited.The moderate growth prospects and the high degree of competition of the Telecommunications sector have reduced the attractiveness of this sector in the last few years. However, this industry has great potential due to the growing demand for telecomm services in

Similar Essays

Employee Handbook For Fine Dining Restaurant

3073 words - 12 pages in Culinary Management from the Art Institute of California, Los Angeles. Before choosing a career in the kitchen I served this country as an Infantryman in the 101st Airborne.This restaurant serves fine-dining California cuisine with a relaxed California attitude. The restaurant is the flagship in a fleet of others that vary completely from one another in cuisine and atmosphere. You will be expected to learn every aspect of this restaurant but

Industry Analysis Of The Life Insurance Sector In India

3412 words - 14 pages Project Report For International Business Environment INDUSTRY ANALYSIS OF LIFE INSURANCE SECTOR IN INDIA Indian Institute of Management, Lucknow February 2014 Submitted to Prof. K. G. SAHADEVAN By GROUP B1, Section – B Arjun Thukral (FPM14002) Aksharee Goyel (PGP29074) Pranay Tamang (PGP29095)   Contents List of Figures 3 Executive Summary 5 1. Introduction to the Life Insurance Industry in India 6 1.1 Evolution of Life Insurance

The Air Sector Industry Essay

592 words - 3 pages operations, training and behavioral safety need to be taken in place in order to educate employees with best practices regarding to the environment. The air sector industry spends more than $10 billion a year on fuel, basically this amount is approximately 10 percent of the total operating expenses. Fuel operations plays an important role, therefore fuel efficiency have increased about 65 percent. Therefore, the sector puts into a huge jeopardy if

The Introduction Of Tasty Treats Into The Restaurant Industry

3979 words - 16 pages Tasty Treats The Introduction of Tasty Treats into the Restaurant Industry MAN 3025 12/2/2009 The following document is a proposal of why we believe our company, Tasty Treats would be a thriving and profiting business in the restaurant industry. Table of Contents3Tasty Treats Overview: 4Analyze the External Environment: 6Analyze the Internal Environment: 7Business Objectives and Action Plans: 9Company Organizational Structure: 10Job