Annual traffic growth at fine-dining restaurants has outperformed other industry segments for the past three years due to several crucial adjustments made during the last recession, according to The NPD Group. The market research firm’s CREST service found that visits to fine-dining restaurants rose 5 percent in the year ended December 2013, compared with flat traffic in quick service and declines of 2 percent and 3 percent, respectively, in the casual-dining and midscale segments. The ...
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Contact: Desiree Torres Desiree.Torres@penton.com