A restaurant is a business that prepares and serves food and beverages to customers. While meals are typically consumed on-site, many restaurants also provide takeout and delivery options. Restaurants are diverse in appearance and offerings, with a wide array of cuisines and service styles ranging from budget-friendly fast-food establishments and cafeterias to moderately priced family restaurants and upscale luxury venues.
In 1920, the implementation of Prohibition in the United States led to significant challenges for fine dining restaurants, which heavily relied on the sale of wine and alcoholic beverages for their profits. This era saw a rise in more casual dining options like cafeterias and diners.
In 1950, 25% of meals were consumed outside the home in restaurants or institutions.
In 1964, the Civil Rights Act outlawed segregation in public accommodations, including restaurants. The Supreme Court case Katzenbach v. McClung upheld Congress's power to forbid racial discrimination in restaurants under the Commerce Clause.
By 1990, the proportion of meals consumed outside the home in restaurants or institutions had risen to 46%. Factors included growing numbers of older people, single-parent households, and the convenience afforded by restaurants.
In 2000, there were about 20,000 restaurants nationwide in Vietnam. The restaurant industry is an important economic sector, making a significant contribution to the national economy.
In 2005, Michelin released its first guide for the United States, focusing on New York City. This marked the introduction of Michelin's star rating system to the US restaurant scene, complementing existing rating systems like Forbes Travel Guide and AAA.
As of 2006, there were approximately 215,000 full-service restaurants in the United States, accounting for $298 billion in sales, and approximately 250,000 limited-service (fast food) restaurants, accounting for $260 billion.
During the 2008 recession, the restaurant industry in the United States was an anomaly as it continued to grow, despite the economic downturn.
In 2012, the waiting staff in restaurants numbered 4,438,100, earning an average of $8.84 per hour.
In 2013, restaurants employed 912,100 cooks, earning an average of $9.83 per hour.
In 2014, Jiaxi Lu of the Washington Post reported that Americans were spending $683.4 billion a year dining out and demanding better food quality and variety from restaurants.
In 2016, the number of restaurants in the US reached 1,000,000, translating to one restaurant for every 310 people. A Gallup Poll indicated that approximately 61% of Americans ate at a restaurant at least once a week. Also, in 2016 Americans spent more on restaurants than groceries.
Starting in 2016, Americans began spending more on restaurants than on groceries.
In October 2017, The New York Times reported that there were 620,000 eating and drinking places in the United States, according to the Bureau of Labor Statistics. The number of restaurants was also growing almost twice as fast as the population.
In 2020, the National Restaurant Association initially estimated restaurant sales at $899 billion before the COVID-19 pandemic. However, due to the pandemic, the association projected a decrease to $675 billion, marking a decline of $274 billion from their previous estimate.
In 2021, the out-of-home market accounted for VND333.69 trillion, up 19% from 2021.
In 2022, the number of restaurants in Vietnam increased to over 400,000. According to a report by SSI Securities Corporation, the revenue of the restaurant industry in Vietnam reached VND610 trillion in 2022, up 16% from 2021.
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