All Analysis & Insight articles – Page 30
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Analysis & InsightEating out frequency down 7.1%
Participation in the eating out market may remain static but consumers are visiting venues less often than a year ago, the latest Lumina Intelligence report has found
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Analysis & InsightMarston’s comes out on top in PCA survey
The Pubs Code Adjudicator survey of 1,206 tenants saw Marston’s come out as the top performing pubco in terms of its relationships with tenants
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Analysis & InsightNearly half of consumers prioritise affordability
The EY UK Future Consumer Index found that affordability is at the top of consumers’ minds, with 43% saying it is a key decision when making a purchase
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Analysis & InsightDemand stays strong in face of spending squeeze
Two in five consumers went out to eat or drink on at least a weekly basis in April 2023 – a figure unchanged from the prior month, CGA’s latest Cost of Living Pulse survey has found.
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Analysis & InsightPubs & bars see welcome boost from long weekends
The category was up 6.4% year-on-year in May 2023, while restaurants were down 5.3%, according to Barclaycard
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Analysis & InsightAn affordable luxury: Why dessert remains resilient
MCA examines the current position and future prospects of dessert parlours and specialist ice creams shops, the continuing expansion of its market leaders, and the growing popularity of once niche flavours and concepts
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Analysis & InsightHow London became an anti-car, anti-tourist ‘ghost city’
Shopping, eating and travelling is much more expensive than in rival capitals, The Telegraph reports
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Analysis & InsightBusiness confidence increased during Q1 2023
More than half of hospitality leaders feel optimistic about the prospects for their business over the next 12 months, according to the Business Confidence Survey from CGA and Fourth
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Analysis & InsightRetail channel driving growth in eating out market
The channel is forecast to grow by 5.3% this year to a value of £20bn as consumers switch to lower-ticket alternatives, Lumina Intelligence highlights in its new UK Eating Out Market Report
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Analysis & InsightYoung’s has strongest balance sheet in freehold pub sector
Excluding leases, net debt/EBITDA is 1.1x at the pub operator and brewer, according to a note from analyst Peel Hunt
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Analysis & InsightM&A deals fall to seven-year low
The total value of mergers and acquisitions involving UK companies more than halved in the first five months of this year, to $89bn, according to the London Stock Exchange Group
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Analysis & InsightOmnichannel patterns necessitate ‘unique offline experiences’
Venues can do more to adapt to omnichannel trends and changing consumer patterns, according to research from CACI and p-Three
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Analysis & InsightMay Bank Holiday beats Jubilee weekend
Pubs sold 52.8m pints during the May Bank Holiday weekend, up +10.4% versus the 2022 Jubilee weekend
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Analysis & InsightPubs and bars see bank holiday boost
Transactions in pubs and bars were up 27.3% over the late May bank holiday weekend, as consumers made the most of the warmer weather
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Analysis & InsightBrunning & Price tops pub survey
The ranking was based on a combination of revisit, recommend and satisfaction scores, according to CGA by NIQ’s new PubTrack survey
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Analysis & InsightEating out market forecast to grow 4.6% in 2023
The total UK eating out market is forecast reach a value of £95.2bn this year, Lumina Intelligence’s new UK Eating Out Market Report has revealed.
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Analysis & InsightLumina Intelligence: Changeable spending patterns in mixed May performance
The lack of sustained penetration improvements indicates a continuing uphill battle for operators to encourage volume growth, Lumina Intelligence’s Katie Prowse reports
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Analysis & InsightLondon workers go to office 2.3 times a week
Centre for Cities reports that while the capital has embraced hybrid working, the longer term economic impact of this shift remains uncertain
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Analysis & InsightMenu prices up 10.3%
Lumina Intelligence’s latest Q1 Menu Tracker reports restaurants, pubs and bars are introducing new, more expensive menu items
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Analysis & InsightEquity, diversity, & inclusion in hospitality: the way forward
With a long way to go before diversity in boardrooms matches the diversity in the kitchens, MCA speaks to the operators and the experts about advancing inclusion in the workplace