All Analysis & Insight articles – Page 38
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Analysis & InsightLandlords seeing merits of experiential venues
People want something extra and truly memorable from a night out, with experiential venues gaining more kudos, according to Toby Harris, chief executive, State of Play.
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Analysis & InsightNo-alcohol volumes outstrip sales of low
The volume of no-alcohol drinks sold in the UK has increased by 21% since 2018, well ahead of the 1% increase in the low-alcohol category, according to data from drinks consultancy IWSR.
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Analysis & InsightLate night venues hit by 20% drop in festive trade
More than 50% of respondents said they did not make enough profit to cover cash reserve requirements for the slower periods, according to a NTIA survey
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Analysis & InsightReturn to work delayed by a week
Commuters have been told not to travel by train unless “absolutely necessary” as a new week of industrial action hits the network
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Analysis & InsightPubs and brewers fear softening demand in 2023
The squeeze on cost of living is seeing consumers begin to hold back spending and choose less expensive brands of beer
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Analysis & InsightMore consumers eating dinner out of home
Fifty-six percent of orders were ordered for consumption onsite for dinner in the last quarter, compared to 30% that were ordered for delivery, according to Lumina Intelligence
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Analysis & InsightMarket penetration up but consumers still cutting back
Consumer confidence was boosted following the announcement on the energy price cap and the appointment of a new prime minister, though in the more recent four weeks that has slipped as temperatures declined and households faced more pressure on bills, according to Lumina Intelligence
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Analysis & InsightOperators hit with higher costs for temporary chefs
The average hourly pay for temporary chefs has increased by as much as 20% in some parts of the UK as the hospitality sector struggles with recruitment.
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Analysis & InsightAn unfortunate ending – but a fortunate boost to pubs
Despite its controversy the Qatar World Cup gave the pub and bar industry a much-needed short-term injection after a tough summer, writes Flora Zwolinski, senior insight manager, Lumina Intelligence
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Analysis & InsightSheffield and Southampton fastest growing restaurant destinations
The cities saw an increase of +210% and 156% respectively in seated diners since 2019, according to data from OpenTable.
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Analysis & InsightCustomisable dishes offer chance to charge premium
There has been a 20-percentage point increase in the share of dishes that are customisable, which is enabling operators to charge more, according to Lumina Intelligence.
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Analysis & InsightStrikes and cold hammer high streets
Between December 11 and 17, high street footfall dropped by 10.2% from the previous week, according to the data from Springboard
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Analysis & InsightChips remain favourite side order for delivery
Just Eat’s end of year wrap also revealed customers are looking for healthier options, with smoothies, sushi and salad searches all significantly up in 2022
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Analysis & InsightFoodservice price inflation reaches 21.5%
All categories in the CGA Prestige Foodservice Price Index recorded double-digit inflation, with the overall figure pushing past 20% for the first time in the Index’s history. But there are signs of inflation levelling off.
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Analysis & InsightDelivery continues to plateau
Despite flattening out this year, delivery and takeaway sales are still nearly double pre-Covid-levels, CGA insight shows
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Analysis & InsightEating out market expected to total £101bn in 2025
The eating out market is expected to total £101bn following stability in inflation and recovery in consumer spending power, according to the Lumina Intelligence
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Analysis & InsightStaff shortages cause one third of businesses to reduce Christmas trading hours
13% of businesses are reducing opening days and 35% are simplifying menus due to staff shortages, according to UKHospitality and CGA
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Analysis & InsightWorld Cup delivered November sales boost for pubs
The start of the FIFA World Cup helped boost sales in Britain’s managed pub groups up by 8.1% last month, according to the latest Coffer CGA Business Tracker.
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Analysis & InsightFSB warns of closures if energy relief ends
More than two in five small hospitality businesses have said they plan to close, downsize, or restructure if energy relief comes to an end in April
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Analysis & InsightConsumers willing to pay more for branded products in supermarkets
Consumers expect to see restaurant brands in supermarkets and are willing to pay a price premium, according to Lumina Intelligence