McCormick and Schmick's Reports Business Remains Strong
Business remains strong at McCormick and Schmick’s Seafood restaurants
despite economic woes, with 43% stating business is the same as a year
ago and 33% reporting their location is busier than a year ago. The
most popular menu items are salmon (40%), wild halibut (17%), steak
(13% ), and the Seafood Trio (13%). 80% of those polled report that
dinner is their busiest time, with the tab for a party of two averaging
$50-$60 at 33% of those polled.
72% of Ramada Inn Employees say the Economy has Not Slowed their Business at All
Tickermine surveyed the Ramada Inns, the hotel chain owned by Wyndham
Hotels and Resorts, LLC this month. We asked about how many rooms the
hotels had, how many standard rooms were available that night, the
average rate per night of standard rooms, whether the respondent
thought that this rate would increase next month and the availability
and numbers of luxury suites. 32 hotels nation-wide were consulted for
the poll. Twenty respondents or 62% reported having less than 150 rooms
while 12 or 38% had more than 150 rooms. We thought it looked somewhat
promising that for 78% of respondents, less than half of the hotel was
available on the night that the survey was conducted. Only 7
respondents or 22% said that more than half of the hotel was available.
Twenty two respondents or 69% of those polled said that the average
price for their standard rooms was less than $99. Ten respondents or
31% stated their rate as between $100-$150. Also interesting, 19 or 59%
felt that the room price was fixed and would not increase next month
but 13 or 41% felt that the rate would increase some. Sixteen
respondents or 50% said that less than 15 of their rooms were luxury
suites. Eight or 25% said that between 15-50 rooms were luxury, three
respondents said they had no suites (9%), another three said they had
between 50-100 and two (6%) reported having 119-150. Fourteen or 44%
said more than half of these luxury suites were available that night.
12 or 38% said less than half were available, 4 or 13% said all were
available and a promising 6 or 19% said none were. We also thought it
was positive to hear that 23 respondents or 72% said the economy had
not slowed their business at all. Only 9 people or 28% felt that it
had.
Business is the Same as Last Year for 48% of Cracker Barrel Restaurants, 26% say it has Slumped
CBRL Group Inc., the company behind the Cracker Barrel Old Country
Store restaurants and gift shops, have seen its restaurant sales fall
0.9 percent in April and a further dip in same-store retail sales in
May of 9.7 percent.
