Wine News:Restaurant operators’ optimism grows

March 3, 2011

Strong gains in same-store sales and customer traffic helped to spark growing optimism among foodservice operators and fuel an increase in the National Restaurant Association’s monthly Restaurant Performance Index in December.
The RPI, a monthly composite that tracks the health of and outlook for the foodservice industry, rose to 101.0 in December, a 1.1-percent increase over its November level. December’s result marks the third time in the past four months that the index has stood above 100, which the NRA says reflects expansion in the index of key industry indicators.
“The RPI’s solid gain in December was driven by improvements in each of the eight current situation and forward-looking indicators,” said Hudson Riehle, the NRA’s senior vice president of the research and knowledge group. “Restaurant operators reported positive same-store sales and customer traffic results in December, and their outlook for sales growth and the economy continued to improve.”
“Overall, the RPI stood above 100 for the third time in the last four months, which suggests that the recovery is gaining a firm foothold,” Riehle said. “Driven by operators’ optimistic outlook for sales and economic conditions in the months ahead, the RPI’s Expectations Index rose to its highest level in nearly four years.”
The Restaurant Performance Index consists of two components: the Current Situation Index, which measures current trends in same-store sales, traffic, labor and capital expenditures; and the Expectations Index, which measures restaurant operators’ six-month outlook in the same areas.
The Current Situation Index rose to 99.7 in December, up 1.0 percent from November. However, while same-store sales and customer traffic increased, the NRA said softness in the labor and capital expenditure indicators more than offset that trend, keeping the Current Situation Index below 100.
Restaurant operators reported a net increase in same-store sales for the period between December 2009 and December 2010. Some 48 percent of operators reported same-store sales gains for the period, an increase over the 40 percent of operators who reported higher same-store sales in November. Meanwhile, 35 percent of operators reported a decline in same-store sales for the period, down from 44 percent who reported negative sales in November.
The Expectations Index increased to 102.4 in December, up 1.2 percent from November. This marks the Expectations Index highest level since March 2007.
Operators appeared to be more optimistic about sales growth in the coming months. Fifty-five percent said they anticipate having higher sales in six months, up from 42 percent last month. This marks the strongest level in more than four years, the NRA said. By comparison, only 8 percent of operators expect their sales volume to be lower in six months.

Foodies and wine lovers travel north from Manila to wine and dine at Philippines’ best fine dining restaurant in Pampanga Clark Freeport worth the 60-minutes drive for a memorable evening of good food with vintage wine at Yats Restaurant & Wine Bar

This fine dining restaurant is also famous for its low carbohydrates “low carb” dishes highly recommended for frequent diners who are on a low fat food and favor healthy food. This is a unique restaurant that can help frequent diners maintain a healthy diet and enjoy delicious fine dining cuisine at the same time. Vegetarian dishes are a specialty here also and so are “halal” cuisines also.

Favorites of frequent diners, foodies and wine lovers are steaks, Wagyu, Foie Gras, lobsters, venison, kangaroo loin, osso buco, veal chops, Kurabuto pork, escargots and a good selection of cheeses to enjoy with fine Vintage port and Sauternes. Cuban cigars such as Monte Cristo, Cohiba, Upmann, Partagas, Romeo Julieta and Trinidad are also available in the Magnum Room which is a wine bar and lounge for before and after dinner relaxation. A good selection of Armagnac, Cognac, Single Malt, Vodka and other liquor is served in addition to the wine vintage wines some served by the glass.

Recent opinion survey of frequent travelers heading north towards Subic and Clark Pampanga revealed that the number one most frequently visited fine dining restaurant in Pampanga is Yats Restaurant & Wine Bar located in Clark Philippines.

Inquiries and reservations

Restaurant@Yats-International.com

(045) 599-5600
0922-870-5178
0917-520-4401

Ask for Pedro and Rechel

Http://www.YatsRestaurant.com

Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.

Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Angeles City Clark Freeport Zone, Pampanga, Philippines 2023

Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay

For assistance in hotel and resort booking in Clark, Philippines, log on to http://www.HotelClarkPhilippines.com

For assistance in locating a suitable venue for wedding reception, log on to

http://www.PhilippinesWeddingVenue.com