All Analysis & Insight articles – Page 17
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Analysis & InsightStonegate’s looming debt issue
The UK’s biggest pub and bar company has debts totalling £2.2bn, a situation exacerbated by high interest rates, the overall cost of debt for its complex tiered debt structure, and different parties not being able to agree a way forward in refinancing, analysts tell MCA
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Analysis & InsightConsumers lean towards days out over nights out
Hospitality venues have seen an increase of £134m in spend during the afternoon compared to night time, according to payment technology provider Dojo
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Analysis & InsightLeap in number of companies facing financial distress
The bars & restaurants sector has 1,479 businesses in critical financial distress, up from 1,073 last year, according to Begbies Traynor
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Analysis & InsightFoodservice inflation falls below 10%
After two years of relentlessly high inflation, a fall into single digits in March brings some welcome respite, according to the CGA Prestige Foodservice Price Index (FPI)
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Analysis & InsightCost of living weighs on spending
British consumers are spending less money in pubs and bars than at any time since lockdown ended, according to research by Deloitte
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Analysis & InsightWould you pay hundreds of pounds to skip the queue for a restaurant?
Impatient diners are avoiding waiting lists by buying their way into London’s most sought-after venues
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Analysis & InsightThe secret to success for restaurants, according to Britain’s longest-running venues
Several restaurants mark significant anniversaries this year – including Raymond Blanc’s Le Manoir aux Quat’Saisons, which turns 40 – as one of Britain’s most celebrated restaurateurs, Jeremy King, returns. The people behind Britain’s longest-standing restaurants share the secrets of their success
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Analysis & InsightDeliveries continue to rise at expense of takeaways
Like-for-like delivery sales rose 5% year-on-year in March, while takeaway and click-and-collect orders dropped 3%, according to CGA
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Analysis & InsightRestaurant outlet growth to stabilise
The sector is moving towards consolidation, with companies optimising operations and scaling up through strategic restructuring and acquisitions to boost financial outcomes, according to Lumina Intelligence
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Analysis & InsightFuture growth prospects for foodservice delivery
Market growth in 2024 will be supported by inflation, continued expansion, and innovation that targets increased transaction value and additional missions, according to Lumina Intelligence
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Analysis & InsightSmash hit burgers
What do McDonald’s new menu tweaks, Honest Burgers’ forthcoming QSR concept, and the social media hype of Supernova have in common? Tom Gatehouse of Egg Soliders explores the phenomenon of the smashburger and its prospects for mainstream success
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Analysis & InsightSector like-for-likes up 5.2% in March
Trading was boosted by Mother’s Day, St Patrick’s Day and an early Easter Bank Holiday, according to the latest CGA RSM Hospitality Business Tracker
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Analysis & InsightIs late night dead?
As Revolution Bars Group and Rekom UK struggle with a decline in night-time revelling among young people, MCA’s new writer Simon Brooke takes a look at whether the tried and tested evening bar format is past its sell-by date, and explores how operators are having to innovate and fight harder than ever for a share of consumers’ wallets
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Analysis & InsightBranded coffee shop operators remain cautious
High inflation has eroded coffee’s affordable luxury status, despite the UK branded coffee shop market achieving sales growth well above pre-pandemic levels, according to the World Coffee Portal
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Analysis & InsightHospitality visit frequency grows for first time in six months
The eating out market has been bolstered by a drop in inflation and national insurance, as well as rising consumer confidence
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Analysis & InsightWet weather dampens restaurant sales
Restaurants spend was down -12.6% in March, while pubs, bars and clubs saw stronger growth than in February, at 3.2%.
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Analysis & InsightFoodservice inflation more than double CPI
Despite steady easing over the last 12 months, foodservice price inflation remains more than double the rate seen in the retail sector
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Analysis & InsightRise in nightclub closures makes a mockery of ‘24-hour London’ claims
London is still one of the hardest global cities in which to enjoy a drink out with friends late at night
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Analysis & InsightUK clubs and music venues battle midweek blues
Clubs and music venues across the UK are dealing with a drop in revenues as young people forgo big nights out, cut back on alcohol and spend more selectively
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Analysis & InsightYour morning coffee’s costing a third more. This is why it’s so expensive
The coffee boom may have peaked as a daily drink is becoming an unaffordable luxury for many, analysts warn