All Analysis & Insight articles – Page 49
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Analysis & InsightFears over drop in demand
Falling consumer confidence and slowing demand growth has started to weigh on output across the hospitality and tourism sectors, according to the Lloyds Bank UK Sector Tracker
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Analysis & InsightLumina: A hot bed of menu mechanics
Katie Prowse of Lumina Intelligence tracks how operators are turning to NPD, premiumisaiton and price psychology in the face of inflation and a cost of living squeeze
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Analysis & InsightConsumer confidence drops to new low
GfK said confidence is now weaker than in the “darkest days of the global banking crisis, the impact of Brexit on the economy, or the Covid shutdown.”
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Analysis & InsightMenu prices rise in response to inflationary pressures
Mains and sides are seeing the largest amount of inflation at 7.1% and 7.7% respectively, according to data from Lumina Intelligence’s Menu Tracker
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Analysis & InsightDelivery sales plateau post-pandemic
Growth in delivery and takeaway has slowed post-pandemic, according to the CGA & Slerp Hospitality at Home tracker
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Analysis & InsightM&B share price falls following H1 update
There was a mixed reaction from analysts following Mitchells & Butlers’ half year results statement yesterday, with the outlook on costs described as “bleak”
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Analysis & InsightInflation hits 9% in April
The rise has predominately been driven by the increase in gas and electricity prices, with the restaurant and hotel sector contributing a 0.11 percentage point rise to the Consumer Prices Index
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Analysis & InsightManaged operators see growth levels fall to +2%
While restaurant and bar sales grew last month, the dip in overall growth suggests the impact of inflation is trickling down to consumer spend, according to the latest Coffer CGA Business Tracker
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Analysis & InsightNFTs and the tokenisation of hospitality
As non-fungible tokens make their way into hospitality, MCA examines their value as a source of revenue and considers the risk associated with the digital assets
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Analysis & InsightInflation edging closer to double figures
Figures from the Office for National Statistics, due to be published on Wednesday, are expected to show that inflation rose from 7% in March to 9.1% last month
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Analysis & InsightNumber of PE deals double in leisure space
UK-only businesses have been trading at a discount to their international peers, so have become particularly attractive to PE funds, global law firm Mayer Brown reports
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Analysis & InsightImpact of Deliveroo’s union deal called into question
Following the announcement of the “historic union recognition deal” between Deliveroo and GMB, MCA asks what the real impact might be of the move by Deliveroo and its implications for the wider courier model
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Analysis & Insight‘TikTok has completely transformed our business’
Pho, Pizza Pilgrims and Turtle Bay tell Hostech how social media marketing has changed how they interact with customers and build loyalty
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Analysis & InsightDelivery fees could provide respite for Domino’s
The majority of franchisees are now charging fees ranging from 99p to £2.50 but it is unlikely to have a major impact on demand, analyst Berenberg believes
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Analysis & InsightFoodservice price inflation hits 13.6%
Oil & fats showed the highest levels of year–on-year inflation in March 2022 – up more than 50% – according to the latest CGA Prestige Foodservice Price Index
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Analysis & InsightHospitality workers clocking up more hours
The post-pandemic weekly average varied across the sector with employees in wet-led businesses working an average of 23 hours compared to +40 hours in fine dining establishments
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Analysis & InsightBrewDog turns 15, but leaves its teenage years behind
MCA examines the latest and perhaps most radical move from the craft beer specialist, which includes staff gaining a share of the company’s profits
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Analysis & InsightFridays: ‘We use data to remove friction’
The removal of transactional aspects of employees’ jobs enables them to focus on enhancing the overall guest experience, CTO Erica Livermore told Hostech
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Analysis & InsightCorbin & King: ‘Our data journey was not joined up’
The London-based restaurant group has been working to ensure that what guests experience from its digital communications matches the personalised experience on the floor
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Analysis & InsightSlow and steady: Greene King shows signs of recovery
The group reported strong trading in the second half of the year, but like-for-likes have been slower to bounce back post-pandemic