Restaurants Archives | Be Korea-savvy
Delivery Applications Drive Sales Boost for Dining Industry, But Profits Remain Elusive

Delivery Applications Drive Sales Boost for Dining Industry, But Profits Remain Elusive

SEOUL, Oct. 15 (Korea Bizwire) — While restaurants and other dining companies are increasingly dependent on delivery apps, owners do not think that these apps help them increase profitability, a recent survey has showed. According to a study released Monday by the Korea Food Service Industry Research Institute (KFIRI), 49.8 percent of the average number [...]

Restaurant Owners Concerned over Customer Reviews as Competition in the Delivery Market Heats Up

Restaurant Owners Concerned over Customer Reviews as Competition in the Delivery Market Heats Up

SEOUL, Jun. 27 (Korea Bizwire) — Controversy is looming over customer reviews for restaurants offering delivery services. Customer reviews are seen as an important factor in restaurant choice, especially in a highly competitive food service industry. There are negative reviews, however, that are being questioned as to their authenticity and how much they reflect the [...]

Production Index for Restaurants Dips by Biggest Margin in 2018

Production Index for Restaurants Dips by Biggest Margin in 2018

SEJONG, Feb. 26 (Korea Bizwire) — The production index for restaurants dropped by the largest margin to date last year, state data showed Tuesday, showing the weakness of the business segment that self-employed people heavily rely on. The index dropped to 94 last year from 97.2 a year earlier, the biggest fall since record keeping [...]

Michelin Awards 2-star Ratings to 2 More Restaurants in Seoul

Michelin Awards 2-star Ratings to 2 More Restaurants in Seoul

SEOUL, Oct. 18 (Korea Bizwire) — The Michelin Guide on Thursday announced its selection of 26 restaurants in Seoul with unique cuisine and quality, including two new two-star eateries. Two restaurants — fine dining Korean restaurant Gaon and La Yeon, a traditional Korean cuisine restaurant at Hotel Shilla — maintained three-star ratings for a third [...]

Delivery Apps Burden Restaurant Owners

Delivery Apps Burden Restaurant Owners

SEOUL, Oct. 2 (Korea Bizwire) — The proliferation of delivery service apps due to the rise of single-person households and the ubiquity of smartphones among the mass public combined with the monopolistic structure that these delivery services have created has resulted in an onerous burden for restaurant owners. Addressing this very issue, the Korea Franchise [...]