All Analysis & Insight articles – Page 16
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Analysis & InsightWet weather causes drop in sales
Managed hospitality groups saw sales fall by 1.7% in April 2024, with bars worst hit and down 15%, according to the latest CGA RSM Hospitality Business Tracker
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Analysis & InsightEconomic pressures continue to dampen eating & drinking out
Wet weather prompted consumers to stay in while pressures continued to affect households with children, emphasising the need for operators to develop family-friendly promotions and value-driven menus
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Analysis & InsightWet weather threatens produce price spikes
Many crops, ranging from potatoes, carrots and salad for summer menus to the wheat grown to make beer, have been delayed or damaged by heavy rain
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Analysis & InsightSurvey reveals no-show motivations
A fifth of restaurant no-shows are the result of customers booking multiple venues, according to research by Zonal and CGA by NIQ
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Analysis & InsightInside the obesity capital of Britain
Overeating is fuelling the UK’s labour crisis and putting further strain on the NHS, The Telegraph reports
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Analysis & Insight£4 Dominos and £5 KFC: health fears as fast food lunch becomes ‘workplace appropriate’
Low-price deals in UK mean consumers are eating less nourishing food more frequently, say experts
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Analysis & InsightOperators introducing premium dishes to drive spend
New dishes were priced higher than same-line dishes in Q2 2023 as operators look to drive average transaction value per head
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Analysis & InsightPoor weather dampens eating out spend
Despite the wettest February on record, restaurants saw an uptick as evening socialising required, with consumer confidence up year-on-year
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Analysis & InsightHidden fees: ‘Too many brands are doing things from the spreadsheet but not the heart’
From dim sum chain Ping Pong to payment app Sunday, consumer frustration at ‘hidden charges’ in restaurants has been palpable – and hospitality leaders should be cautious of the resultant fatigue, industry commentators tell MCA
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Analysis & InsightOakNorth ‘cautiously optimistic’ about market
With inflation falling, wage increases holding up, and around 27m people seeing their national insurance contributions cut, this has put up to £450 back into consumers’ pockets, according to the sector lender
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Analysis & InsightHospitality leaders remain cautious amid improved consumer spending
Business confidence has been weakened by pressure on wage costs despite signs of recovery in the sector, according to CGA
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Analysis & InsightLocal craft beer equals global lager as most popular brew
According to the SIBA Independent Beer Report 2024, 55% of beer consumers now drink local craft beer in 2024, an 8% increase in popularity since 2023
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Analysis & InsightCustomers reveal biggest bugbears
Speed of service and hot food being served cold are the biggest points of friction for pub, bar and restaurant customers, according to Zonal’s GO Technology report
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Analysis & InsightWetherspoons’ upbeat results toasted by analysts
The trading update, which saw like-for-like sales up 5.2%, reflects improving conditions across the UK’s pub sector, according to analysts
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Analysis & InsightBank holiday fails to deliver much-needed boost for pubs
Pint sales over the weekend were -2.6% down on the previous year, hampered by a lack of sunshine and the cost of living
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Analysis & InsightHospitality closures slow in 2024
Site closures have slowed from eight sites a day in 2023 to four a day in the first quarter of 2024, according to the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners.
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Analysis & InsightCosta Coffee embraces global cuisines for new summer menu
Fresh flatbreads draw inspiration from the rich flavours of Middle Eastern cuisine, while the coffeehouse chain introduces a number of plant-based options in collaboration with BOSH!
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Analysis & InsightRestaurants drive menu price inflation
Lumina Intelligence’s Menu Tracker finds prices in QSR, pubs and bars and coffee shops are falling, but chain restaurants remain high due to high staffing and operating costs
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Analysis & InsightRestaurant spending down 13% in April
Pubs and bars fared better thanks to the Easter holidays, with 3.9% spending growth, according to Barclay’s
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Analysis & InsightWagamama goes back to its roots for new summer menu
The new menu leans heavily into lesser known Japanese-inspired dishes, as well as featuring on-trend ingredients like yuzu throughout while playing with textures