All Analysis & Insight articles – Page 40
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Analysis & InsightLondon hospitality sales continue to rebound
Sales in the capital may be up 6.4% year-on-year but inflation is cancelling out growth across the board, with overall sales across Britain’s managed restaurant, pub and bar groups up only 1.5% on 2021 levels, according to the latest Coffer CGA Business Tracker
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Analysis & InsightHospitality being impacted most by energy costs
Food and drink service businesses are more likely to cut trading days to reduce energy costs compared to those in other industries, latest ONS figures suggest.
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Analysis & InsightSharing menus on the rise at UK restaurants as customers cut back
Chefs are hoping the concept will tempt diners to spend a little more and fight the cost-of-living crisis, The Observer reports.
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Analysis & InsightThe new breed of high-end restaurant where vibes trump good taste
So-called ‘high energy dining’ is proliferating in the face of wider economic doom and gloom, The Telegraph reports
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Analysis & InsightBritish pubs fear the World Cup won’t provide a much-needed boost
Tournament may provide less respite to the struggling sector as weather and cost of living crisis keep fans at home, the FT reports
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Analysis & InsightHow McDonald’s became bigger than ever
The fast food giant has put lean years behind it, with its shares hitting record highs. Sam Chambers reports on the Golden Arches revival for The Sunday Times
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Analysis & InsightWhy the UK’s nightclubs are facing extinction
Rising rents, noise complaints and gentrification are putting our nightlife at risk, writer and DJ Bill Brewster warns in The Times
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Analysis & InsightConsumer expectations are higher than ever
Despite the cost of living crisis, consumers are willing to spend on eating out – but their expectations are higher than ever, according to customer experience platform Reputation
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Analysis & InsightMenu price inflation slowed during summer months
Between February and September total food menu price inflation rose to +4% but was only +0.9% in the latter four months, according to Lumina Intelligence.
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Analysis & InsightSector in “extremely worrying state”
The Night Time Economy Adviser for Greater Manchester has warned of the impending collapse of the sector unless business support is provided in the government’s Autumn Budget.
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Analysis & InsightOut-of-town locations have seen uptick in fortunes
The popularity of out-of-town destinations with operators such as Tim Hortons and Greggs has lead to a significant uplift in the rents that can be achieved in this format, Savills said.
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Analysis & InsightFoodservice Price Index shows inflation nearing 20%
Food and drink price inflation was at a record high of 18.8% in September, according to the CGA Prestige Foodservice Price Index
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Analysis & InsightChain restaurants increase same-line dish prices by +7.3%
The rises were driven surging food and energy prices, staffing shortages, and VAT rates, according to Lumina Intelligence
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Analysis & InsightTakeaway and fast food ‘insperience’ spend rises as restaurants contract
Consumers are spending less on eating out at restaurants, according to Barclaycard, but spend on fast food and takeaway grew
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Analysis & InsightHospitality unattractive to the young due to perceived low pay
Only one in 10 young people are willing to choose a career in hospitality, according to a new survey.
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Analysis & InsightSolo and younger consumers key targets for World Cup sales
Key to pubs and bars’ success over this period is going to be increasing the dwell time as much as possible, with food and drink packages an important tool to use, according to Lumina Intelligence.
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Analysis & InsightBusiness confidence plummets amid soaring costs
The October Business Confidence Survey by CGA and Fourth indicates just 8% of multi-site business leaders feel confident about the next 12 months
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Analysis & InsightEnvironmental credentials can influence consumer spend
Consumers want to make more sustainable choices when eating or drinking out but feel ill-equipped to do so, according to a new report.
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Analysis & InsightStaff turnover at highest level since pandemic
As many as 8.3% of the hospitality workforce departed the sector between August and September, the highest percentage since March 2020, according to a new report from Fourth
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Analysis & InsightLondon’s best restaurants are embracing ugly food
From brown stews to beef tongue, the best thing you eat this winter might be the least photogenic, according to GQ