Latest / Restaurant Business with Fexingo: Food Service, Hospitality, and Independent Operators
How Restaurants Are Using Dynamic Pricing Without Angering Customers
Dynamic pricing is making its way from airlines and ride-share apps to restaurant tables, but operators are learning that the hospitality industry has different rules. In this episode, Lucas and Luna examine how a handful of independent restaurants and small chains are adjusting menu prices by time of day, day of week, and even real-time demand — without alienating their regulars. They look at the specific example of a Brooklyn Italian spot that charges 15 percent less for pasta during the 5pm 'early bird' window and 10 percent more on Saturday night, and compare it to the backlash…
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