All Analysis & Insight articles – Page 22
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Analysis & InsightHospitality returns to outlet growth
The sector recorded its first quarter-on-quarter growth in outlets in two years, with a 0.5% increase in licensed premises between March and June 2024, according to CGA and AlixPartners
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Analysis & InsightNobu at 30: the abiding coolness of the restaurant that changed UK dining
Robert De Niro was so taken by Nobuyuki Matsuhisa’s cuisine that they went into business. The rest is notoriety, The Observer reports
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Analysis & InsightMenu prices grow 4.5% year on year
Pub & bar menu average prices were 5.5% higher than Q2 2023, as operators increase the price of existing dishes and add new dishes with higher price points, according to Lumina Intelligence’s latest Menu Tracker quarterly update
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Analysis & InsightPub goers swap spirits for beer but focus on quality
Consumers are increasingly trading down from spirits to beer and wine, but trading up within the category, with Guinness, and premium world lagers the stand-out performers, insight from Lumina Intelligence reveals
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Analysis & InsightAsian and barbecue flavours continue to drive menu innovation
The number one global cuisine is Italian, followed by Japanese, Greek, Portuguese and Chinese, according to AAK Foodservice.
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Analysis & InsightSo, what now? Labour’s approach to talent and growth for the hospitality sector
If economic growth is the new government’s central mission, improving local skills must to go hand-in-hand with resourcing talent from abroad to meet immediate and evolving demands, writes Charlotte Wills, partner at law firm Fragomen
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Analysis & InsightPost-work drinks shunned by Gen Z
The traditional after work pint is on the decline as a result of remote working and the rise of sober Generation Z staff, a report by the Work Foundation finds
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Analysis & InsightLeading pub groups growing ahead of overall market
The top 10 pub groups by turnover are forecast to grow by 6.2% year-on-year – ahead of total pub market growth of 1.7%, Lumina Intelligence has forecast, with Loungers, Mitchells & Butlers and Wetherspoons leading growth
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Analysis & InsightHeatwave will help sell 7m extra pints
The British Beer & Pub Association estimates that the warm weather could generate additional turnover of £34.2m for pubs as customers flock to beer gardens
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Analysis & InsightDrinks sales up 7% as heatwave hits country
Sunday 28th July (+17%) and Monday 29th (+19%) experienced double digit growth vs the same period in 2023, according to CGA by NIQ’s Daily Drinks Tracker
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Analysis & InsightPub & bar market to grow to £23.6bn value in 2024
The +1.7% rate of growth lags behind wider eating out market growth of +2.8%, according to the Lumina Intelligence UK Pub & Bar Market Report 2024, with higher staff costs and poor weather a factor
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Analysis & InsightHospitality and leisure continue to benefit from summer of sport
Pubs and bars saw a 4.9% uplift in July, with transactions tripling on the day of the Euros final, according to Barclaycard
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Analysis & InsightGreggs has won the breakfast war — now it is coming for dinner
The high street bakery chain is well ahead of McDonald’s for early morning sales, but faces a tough fight for evening trade
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Analysis & InsightCan Sir John Manzoni clean up the mess at Diageo?
Can the high-flying former oilman find the recipe for revival — and shore up its under-pressure boss?
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Analysis & InsightHow a jet, board rights and $26mn of olive oil tie Howard Schultz to Starbucks
Governance questions have become more pressing as the coffee chain’s challenges have proliferated
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Analysis & InsightQSR enjoys boost from Euros home viewing
The channel grew its market share to the largest extent in June, with more consumers ordering delivery and staying in
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Analysis & InsightThe keys to loyalty scheme success
From the launches of PizzaExpress Club and Pret Perks to Wagamama’s more recent Soul Club, MCA writer Simon Brooke investigates what makes for a solid loyalty proposition, and why there’s scope for even more growth in this space
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Analysis & InsightCoffee drinkers return to routine purchasing
Lumina Intelligence has seen coffee shop occasions grow as older consumers return to the market, and many seek out experiential, health-focused and customisable occasions
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Analysis & InsightConsumers weigh up brand loyalty and affordability
Over half of adults say they would choose to return to restaurants they have visited before over trying alternatives, as many remain risk averse amid economic pressures
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Analysis & InsightTGI Fridays UK returns to the spirit of Americana
The US-founded restaurant chain has unveiled a brand new cohort of dishes for British diners, marking a refreshed focus on heritage, reeling in Gen Z, and trying its hand at the omnipresent smashburger trend