Growth Eludes Out Of Home Sector As Consumers Remain Cautious Of Spending
Consumer enthusiasm for eating and drinking out this year has been dampened by the challenges posed by the cost of living crisis, despite some indications…
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Eating Out
Restaurants Offer Welcome As Weather Dampens Pubs And Bars Sales In July
Britain’s managed restaurant, pub and bar groups continue to overcome widespread challenges to record the tenth successive month of year-on-year sales growth in July 2023,…
Read more...SME Leaders Bullish About Their Prospects As Majority Expect Revenues To Increase In Next 12 Months
Average volume of daily card transactions up 10% in growing businesses as consumer confidence improves, even amid cost-of-living crisis, according to Dojo LONDON, United Kingdom:…
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Live Entertainment, Holiday Bookings and Summer Socialising Boost Hospitality & Leisure Sector in July
Consumer card spending grew 4.0 per cent year-on-year in July – less than the latest CPIH inflation rate of 7.3 per cent and slightly lower…
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Soaring Costs In Food, Drink, Staff And Energy Pile Pressure On Hospitality
Hospitality’s post-COVID-19 recovery is threatened by rising prices in multiple key areas, leaders have warned in the latest Business Confidence Survey from CGA by NIQ…
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Percentage Of UK Restaurant Companies Making A Profit Doubles
The percentage of UK restaurant companies which are now making a profit (based on an analysis of the UK’s Top 100 restaurant companies) has doubled…
Read more...June’s Warm Weather Boosted Spending On Pubs, But Restaurants Struggle As Brits Cut Back On Dining Out
Consumer card spending grew 5.4 per cent year-on-year in June – less than the latest CPIH inflation rate of 7.9 per cent, yet noticeably higher…
Read more...Consumer Foodservice Spend Returns To Pre-COVID Levels Across Europe – But Visits Have Yet To Fully Recover
Circana, the advisor on consumer complexity has launched its latest results from its CREST service analysis, revealing continued recovery for the European foodservice sector as…
Read more...Fall In Real Incomes Signals Financial Stresses For Hospitality Operators, Says RSM UK
The Bank of England’s latest monthly Money and Credit data highlights the impact of the rising cost of borrowing and the effect this will have…
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Travel Industry Shows Resilience in Face of Cost-of-Living Crisis
New research from world-leading hospitality group, Accor, has found that Britons are still prioritising travel despite the cost-of-living crisis facing many families. On average, consumers…
Read more...Hospitality Rising Scoops Prestigious Award For Best Customer Engagement And Experience
Leaders behind the biggest hospitality recruitment initiative in the UK, Hospitality Rising, are celebrating after being named winners of the highly coveted Marketing Society Best…
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Star Pubs & Bars Invests £6.8m In External Makeovers
HEINEKEN-owned Star Pubs & Bars is investing £6.8m in developing premium outdoor areas and revamping pub exteriors in 2023, benefitting 220 pubs. The investment leverages…
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Spiralling Food Costs Highlight Hospitality’s Continuing Profitablity Challenge
Ongoing hikes in food and drinks prices are piling the pressure on hospitality operators as supply chain fragility continues to hit the industry hard. A…
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Bumper Bank Holidays Help Hospitality to 5.6% growth in May
Britain’s restaurant, pub and bar groups achieved an eighth consecutive month of year-on-year sales growth in May 2023, the latest Coffer CGA Business Tracker shows….
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New Report Reveals The True State Of The Hospitality Sector
A staggering 86% of UK hospitality operators will likely have to close in the next three years if their business costs don’t reduce and their…
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