JUNE 2022
Proposed Massachusetts Ballot Initiative Would Increase Retail Liquor License Cap
The initiative would gradually increase the number of licenses a company could hold from 9 to 18.
Key Considerations for Restaurant Construction Contracts
Restaurant owners are well aware of the financial risks associated with running a restaurant, especially after over two years of pandemic-driven impacts across the restaurant industry. Just as important, however, is an awareness of the financial risks associated with building the restaurant space in the first place. Although no contract can completely shield an owner from such risks, below are some tips for drafting and negotiating your construction contract to minimize these risks.
Technology: 6 Technology Trends Redefining the Hospitality Industry
Combining the best of high touch and high tech, these trends are reshaping what it takes to stay in business.
The Real Reason Chains Are Taking Over The Restaurant Industry
The National Restaurant Association says what happens next depends on how much local, county, and state governments and patrons are both able — and willing — to help independent restaurants.
RECOMMENDED READING
Setting the Table
By Danny Meyer
In this autobiography-meets-business strategy memoir, restauranter Danny Meyer (Founder & CEO of Union Square Hospitality Group) provides an insider’s perspective on “enlightened” hospitality. From leadership advice to bad reviews and the ever-important customer experience, Setting the Table delivers charm, insight, and practical advice for both the aspiring and seasoned restauranter.
Support Local: This book can be purchased online from local bookseller, Brookline Booksmith
RECOMMENDED LISTENING
A Deeper Dive: How Operators Can Avoid Raising Prices Too Aggressively
By Louisa Kasdon
With inflation at record highs, how can restaurant operators avoid raising prices while remaining profitable? This edition of A Deeper Dive, featuring restaurant consultant John Gordon, digs into the industry’s historic level of menu price inflation and whether consumers will ultimately respond.
INSIDE RIW
RIW Sponsoring Boston Magazine Events
RIW will sponsor three of Boston Magazine's upcoming events. The Best of Boston, an exclusive event which brings together up to 1,500 Bostonians to enjoy music, delicious food, and one-of-a-kind experiences; their 9th Battle of the Burger event, a competition in which the public decides who has the best burger in Boston; and TASTE, an exclusive culinary event which brings together the city's best, and which features a selection of the top restaurants from around the city. More information to come.
CLIENT NEWS
Congrats to RIW client The Noannet Group on the opening of the Cambria Hotel in Somerville.
Congrats to RIW client Bosso Ramen Tavern on its recent opening in Harvard Square. Read more here
Congrats to RIW client The Broadway on its recent opening in Worcester, MA.
Congrats to RIW client Tavern in the Square on its recent opening in East Greenwich, RI.
Congrats to RIW client The Briar Group on the upcoming opening of The Beth in Hingham, MA. Read more here
"The four most important words in the English language are, 'What do you think?' Listen to your people and learn."
— J.W. "Bill" Marriott, Jr., Executive Chairman and Chairman of the Board of Marriott International, Inc.