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Industry Predictions

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In a rather fascinating Q&A session, Danny Meyer discusses the future of the American dining industry. Among other items, the NYC restaurateur predicts that lengthy tasting menus will (continue to) disappear and that 2009's ubiquitous high-end dining discounts simply aren't sustainable either: "There is an enormous amount of discounting going on, which is highly unusual in our end of the business...there are too many restaurant seats relative to the number of people able to dine out. We’re seeing a shedding of restaurants. This has to happen." [WSJ]