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Will rising turkey prices lure consumers to dine out this Thanksgiving?

Nov 21, 2012

Slaving over a hot stove in a messy kitchen is not necessarily the ideal place that some Americans want to be come this Thanksgiving holiday. These people will be flocking to relatives’ homes or restaurants this Thursday. Yes, many restaurants will be open this Thursday for America’s favorite food holiday. And eating out this year may be a bit easier on the wallet; with the rise in food prices over the years, the average cost of a Thanksgiving dinner this year will be approximately $49.48 according to the American Farm Bureau Federation, mostly due to price increase of turkeys as a result of the drought.

 

Image Credit: Flickr by Edsel L

Restaurants like Cracker Barrel actually look forward to Thanksgiving. According to this NRN article, “Cracker Barrel reported that Thanksgiving Day sales were the highest of any day in company history.” In fact, NRN estaimates that 14 million people are expected to eat out a restaurant this Thursday. If you’ve check out OpenTable lately, you may have even noticed a whole page dedicated to Thanksgiving specials across the U.S.. Don’t forget one of America’s favorite go-to spot for a no-cook, no-fuss, homestyle Thanksgiving dinner — Boston Market. According to this Fast Casual article, “last holiday season, Boston Market served more than 1 million pounds of turkey, 2.6 million pounds of mashed potatoes, 639,000 pounds of stuffing and 180,000 gallons of gravy.”

 

Are you going to be dining out this holiday? Tell us about your favorite Thanksgiving dining experience.