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News | Feb 04 2021

Finding Its Place Between The Virtual & Physical World: The New Rest-Tech Trends in a Post-Covid World

 The post-covid world is bringing a new digital shift to the catering sector. Restaurants are now expected to maintain higher standards of wellness best practices and are more reliant on technology.

Spanish restaurants, foodtech and HIP

The post-covid world is bringing a new digital shift to the catering sector. In 2019 restaurant sales soured to €37,000 thousand so it isn't surprising that there were over 260,000 drinking and eating establishments in the country, contributing to 5% of the national GDP.With starts and stops in the restaurant space we have seen even large companies experience “fatigue”. Glovo is one of the biggest unicorns in the country but has still experienced a 50% drop in orders after many partners went offline.

Finding their feet the brand continues to foster the “dark kitchen” concept through the acquisition of exotic food delivery service Instamaki. With no physical restaurant premises dark kitchens lower financial barriers and the he future of an efficient horeca sector lies in technology innovation. Diego Cunha, co-founder of Katoo - which recently raised €3 million for its food procurement tool - stated; “It is proof that investors understand that, more and more, restaurants will look for solutions that increase their efficiency”.

Restaurants are now expected to maintain higher standards of wellness best practices and are more reliant on technology. Proppos offers an automatic payment solution and represents an example of technology's role in a safer retail experience through reduced human interaction.
 

Spanish restaurants, foodtech and HIP
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