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In the latest episode of the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with Phil Crawford, the chief technology officer of CKE Restaurants, to explore the ongoing digital revolution in the restaurant industry.
CKE Restaurants is a Tennessee-based, privately held company that runs and operates Carl’s Jr. and Hardee’s. The two regional brands combined represent over 3,800 franchised or company-operated restaurants in 44 states and 43 foreign countries and U.S. territories.
Crawford moved from New York City—having previously served as the chief technology officer for Godiva—to Nashville to join CKE in the fall of 2020.
“Nashville and New York City are two parts of the spectrum. But the exciting part is that when it comes down to hospitality and technology, there’s a lot of synergies within both cities and corporations,” says Crawford. “They both have a desire and drive to be the best they can possibly be… it’s all about scale and size, and ensuring that we have the guest experience in mind.”
Restaurants—looking to adapt to evolving operational and consumer needs—are moving away from POS systems. Most systems and processes have entered the realm of mobile technology, leading to the creation of more cloud-based systems, direct-to-consumer interactions, analytics, and artificial intelligence to better reach customers.
“Any kind of digital ecosystem that’s out there that you can infuse the guest experience is where everything’s going,” adds Crawford. “It’s all about trying to bridge that gap between what we think our consumers know and what they do know, and making it a personalized journey. That’s the kind of tech incorporation that we need to be thinking of to become technology evangelists and to have that competitive edge in our industry.”
Click here for more recovery and relief information for restaurant, hospitality and food service operators. And to keep listening, check out The Hospitality Hangout podcast on Spotify!
This syndicated content is brought to you by Branded Strategic Hospitality.
Episode Credits:
www.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 the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with Victoria Vaynberg, the chief marketing officer of Resy, to explore how the company is rethinking and revolutionizing the hospitality experience with technology.
Resy is a global dining platform that leverages state-of-the-art technology to better the restaurant and hospitality industry. Established in 2014, the app services over 5,000 restaurants globally in over 200 cities, overseeing restaurant reservations via back-end management software. The company was also acquired by American Express in 2019.
“The product is built by restaurants and for restaurants—what we built is informed by our partners. It truly comes from a place of how we can best provide what restaurants need to thrive,” says Vaynberg. “Restaurants shouldn’t have to pay for the guests who are trying to come to them.”
Resy endeavors to be an ally to restaurant operators. According to recent Resy data, this past April was the strongest month for reservations since before coronavirus hit. The company was determined to help Resy operators survive the financial troubles of the pandemic and get back on track.
“Fee relief was no question in our minds. Being part of American Express helped make that a reality very quickly. It wasn’t a debate. We’re here for the industry, and the most important thing we can do first is alleviate them of things they can’t do right now,” adds Vaynberg. “It was all about, what can we do to help your restaurant not go out of business?”
Click here for more recovery and relief information for restaurant, hospitality and food service operators. And to keep listening, check out The Hospitality Hangout podcast on Spotify!
This syndicated content is brought to you by Branded Strategic Hospitality.
Episode Credits:
www.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 the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with Mike Bell, the chief executive officer of Miso Robotics, to explore how robot technology is transforming the restaurant and hospitality landscape.
Miso Robotics is a robotic restaurant platform powered by artificial intelligence. The platform was created to support high-volume restaurant operators by making back of house processes safer, simpler, and seamless. Clients include CaliBurger, White Castle, and Levy Restaurants at Dodger Stadium.
“There hasn’t been any real automation since the dishwasher,” says Bell. “Computer vision… is now available to the restaurant industry and it performs really well. The next wave of adoption for this technology is upon us.”
“Flippy” is the platform’s autonomous robotic kitchen assistant. At present, the latest iteration of “Flippy” is a robotic arm that hangs from a frame right over a fry station at an existing restaurant, managing the dirty, repetitive, and often dangerous tasks that humans generally do not want to do.
The goal for Miso Robotics was to humanize the robot for restaurant staff and make it like a colleague.
“Flippy does a lot more than flipping burgers,” says Bell. “It is really hard for operators to recruit and retain people to do this job. It’s just not a job people generally want to do… it’s about $2500 for one shift—for one human being to stand over a fry station. So we thought, we’re going to provide our robots for the same amount of money.”
Click here for more recovery and relief information for restaurant, hospitality and food service operators. And to keep listening, check out The Hospitality Hangout podcast on Spotify!
This syndicated content is brought to you by Branded Strategic Hospitality.
Episode Credits:
www.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 the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with John Rigos, the founder and co-chief executive officer of Aurify Brands, to explore the culinary, marketing, and technology behind building a brand.
Aurify Brands is committed to conceiving, building, and growing original concepts that last for the long-term. Their brands include Melt Shop, Little Beet, Table, Fields Good Chicken, and Five Guys. The goal is to foster brands with a great culture and lasting value that stay true to each business’s mission.
“One of the nice things about how we’re structured as a platform is that we can pretty readily do a bolt-on acquisition to leverage the platform and integrate it into our portfolio more readily than a typical restaurant company,” says Rigos. “A typical restaurant company has a management team that supports the growth of the brand. We have that at each of the brand levels, but we also have this platform above them that supports the brand.”
Aurify recently secured a major acquisition: Le Pain Quotidien. The popular chain was going to go bankrupt before the purchase.
“We did pivot very strategically… we proactively started looking in the marketplace for brands that were great brands but were struggling on the liquidity side,” adds Rigos. “The company was sold to a private equity firm in 2016. In the ensuing years, some of the decisions at the management level crushed a lot of what made the brand special.”
For Aurify, the bankruptcy was an opportunity for them to acquire the brand.
“Either the company was going to go bankrupt or the company needed capital to take it through the bankruptcy process,” says Rigos. “The beauty of the bankruptcy process is it enables you to revisit your contracts. We started negotiating with all the landlords, as the bankruptcy process enables you to shed all the leases you don’t like… we felt really good being part of the solution that was going to be bringing back jobs and paying landlords and start paying suppliers.”
Click here for more recovery and relief information for restaurant, hospitality and food service operators. And to keep listening, check out The Hospitality Hangout podcast on Spotify!
This syndicated content is brought to you by Branded Strategic Hospitality.
Episode Credits:
www.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 the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with Corey Manicone, the co-founder and chief executive officer of Zuul, to explore the growing popularity of ghost kitchens.
This syndicated content is brought to you by Branded Strategic Hospitality.
Episode Credits:
www.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 the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with Troy Henikoff, the managing director of MATH Venture Partners, to offer best practices for investing, as well as advice for young entrepreneurs fundraising for their new business.
This syndicated content is brought to you by Branded Strategic Hospitality.
Episode Credits:
www.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 the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with Jordan Boesch, the chief executive officer of 7shifts, to explore how the restaurant and hospitality industry has evolved over the course of the pandemic.
This syndicated content is brought to you by Branded Strategic Hospitality.
Episode Credits:
www.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 the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with Steve Elinson, the worldwide head of restaurants and foodservice for Amazon Web Services (AWS), to explore what Amazon offers restaurants today.
This syndicated content is brought to you by Branded Strategic Hospitality.
Episode Credits:
www.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 the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with Andrew Feigenson, the new chief executive officer of Personica, to explore the relationship and connections between hospitality, tech, and finance.
This syndicated content is brought to you by Branded Strategic Hospitality.
Episode Credits:
www.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 the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with Andrew Nash, the chief executive officer at Targetable, to explore two-for-one branding and rethinking your digital advertising strategy.
This syndicated content is brought to you by Branded Strategic Hospitality.
Episode Credits:
www.thehospitalityhangout.com
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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