All Analysis & Insight articles – Page 5
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Analysis & InsightHospitality leaders vote in favour of AI
A third (39%) of leaders in the hospitality sector believe that artificial intelligence (AI) will have a ‘transformational’ impact on their operations, according to research from CGA
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Analysis & InsightHospitality insolvencies rise as costs climb
The hospitality and leisure sector has seen a significant 19.5% rise in company administrations in 2024, as businesses continue to grapple with ongoing economic challenges
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Analysis & InsightNICs changes to hit hospitality hardest
New analysis from UKHospitality has revealed that 774,000 workers in the hospitality sector will be newly eligible for employer national insurance contributions (NICs) starting in April 2024
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Analysis & InsightPub acquisition activity likely to be remain subdued
Decisions on pub sales will be deferred and acquisition activity subdued, with buyers not wanting to commit funds ahead of a possible price correction, Fleurets has forecast.
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Analysis & InsightDrink sales behind this time last year
Average drink sales in the seven days to Saturday 11 January were 9% behind the same period in 2024, according to the latest CGA by NIQ Daily Drinks Tracker, with spirits seeing the biggest decline.
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Analysis & InsightCasual dining market is in recovery phase
The QSR sector saw notable growth in 2024, with a 10% increase in the number of outlets, and further growth predicted this year, according to Christie & Co
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Analysis & InsightChristmas socialising drives increased spend
Eating and drinking out was up +2.4ppts in December 2024, driven by improvements to consumer confidence in the run-up to Christmas, according to Lumina Intelligence’s latest Eating and Drinking Out Panel data
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Analysis & InsightUK consumers prioritise sustainable food choices
Consumers want to “protect the planet” with nutritious, sustainable meals, without compromising on taste and affordability, according to Sodexo research
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Analysis & InsightPub M&A activity forecast to increase in 2025
Caution resulting from the Budget is expected to be offset by an increase in the supply of pubs coming to the market, property agent Christie & Co predicts
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Analysis & InsightThe rising cost of dining out
Menu prices across the eating out sector have continued to rise, with same-line dish price inflation outpacing both CPI and food inflation, accoring to Lumina Intelligence’s Menu Tracker
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Analysis & InsightCasual dining records festive decline
New data from HDI shows casual dining stood out as the only sector to record a dip, while other parts of the market saw an improved performance
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Analysis & InsightVeganuary pivots to a quality-first focus
New plant-based offerings adopt competing trends such as January health kicks and comforting winter indulgence, while serving up both veg-first dishes and plant-based meat substitutes
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Analysis & InsightDelivery and takeaway sales continue to grow
Like-for-like sales among Britain’s leading restaurant groups were up by 6.2% on November 2023’s figure – the tracker’s highest figure since June 2024, according to CGA by NIQ
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Analysis & InsightPubs and restaurants saw modest December sales growth
For British consumers looking for ways to make savings, almost half (49%) said they planned to cut back on eating out in restaurants last month, with spending also impact by winter illness, according to Barclays
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Analysis & InsightHealth and treatonomics emerge as mega-trends
Health-led trends continue to expand their influence on menus, albeit customers continue to prioritise treats and experiences, according to Lumina Intelligence
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Analysis & InsightFestive cheer or fear – how is the hospitality industry feeling about 2025?
Many hospitality businesses are trying their best not to put price increases on the customer, but for some this will be inevitable, writes Benjamin Wiles, managing director at Kroll financial advisory
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Analysis & InsightMore than 13,000 high street shops closed in 2024
Experts have warned there is ‘worse set to come’ in 2025 because of Budget cost hikes
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Analysis & InsightFestive season offers welcome boost for bars
Britain’s leading hospitality groups saw year-on-year sales growth of 2.7% in the week leading up to Christmas, with bars seeing an uplift of 20.5% following a year of decline
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Analysis & InsightPeer pressure a barrier to low & no drinks
Most consumers say it is acceptable to have low & no alcohol drinks when they go out - but some opt for alcohol anyway because of social pressure
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Analysis & InsightMCA introduces: Dave’s Hot Chicken
Dave’s launched in London on 7 December and “has massively exceeded expectations” ever since, fuelled by social media fame and a reputation for incredible chicken - with a serious kick. MCA visits the brand’s debut site on Shaftesbury Avenue