"restauración" means:
the restaurant business or industry
From the Real Academia dictionary (the OED of Spanish)
restauración:
Actividad de quien tiene o explota un restaurante.
The activity of a person who has or runs a restaurant.
From a trade publication called:
Restaurant Business
How do we judge 2023? In some respects, this was the first “normal”
year the restaurant industry had since 2019. And yet everything seemed
so not normal.
We spent most of the year worried about the economy. And yet by
December, the U.S. consumer continued to spend, even if they did so a
bit less often to adjust to prices. Restaurant companies boasted about
performance and upped their projections for new unit growth.
AND
Here come the robots
In 10 years, we might look back on 2023 and think this was really the year’s biggest story. Well, that or tipping. But robots are coming for the restaurant business, whether you like it or not.
Restaurant Business online
Reference: Personal knowledge re Spanish-to-English translation
EDIT due to responses
food and beverage industry in Spanish is:
industria de alimentación y bebidas OR alimentos y bebidas.
And hospitality industry in Spanish is:
industria de hospitalidad
From a Spanish site in Spain:
[...] Entonces, lo que es la hospitalidad en el turismo se puede
desarrollar en sus distintas áreas como: la recreación,
entretenimiento, hotelería, hospedaje o alojamiento, actividades
culturales, excursiones, exposiciones, celebraciones, transporte,
administración de la industria hotelera, gastronomía, entre otras.
Que es hospitalidad en el turismo?
[translations] So, hospitality in the
tourism industry can be broken down into its various areas such as
recreation, entertainment, the hotel industry, cultural activities, tourist excursions, hosting & lodging, exhibitions,
events (celebrations), transportation, hotel management, and cookery (cusine),
among others.