All Analysis & Insight articles – Page 57
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Analysis & InsightPub sector to see 55% value growth in 2022
High levels of inflation coupled with unrestricted trading will see pub market return to just under its 2019 value this year, according to Lumina Intelligence
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Analysis & InsightServices sector boosted by leisure spend
The UK services sector grew for the 16th consecutive quarter in June, boosted by spend on leisure and travel, according to the S&P purchasing managers’ index.
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Analysis & InsightPub numbers dropped 7,000 in a decade
The total number of pubs in England and Wales now stands at less than 40,000, according to research from Altus Group
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Analysis & InsightHospitality businesses report lower turnover in May
Thirty-two percent of food service and accommodation businesses reported lower turnover between April and May, according to the Office for National Statistics
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Analysis & InsightDisabled being denied full access to hospitality
Almost half of disabled consumers feel their choice of pub, restaurant or cafe is limited due to unsuitable access needs, a new survey has found
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Analysis & InsightYoung people pull back on eating out
There was a reduction in the number of 18-34 year-olds eating and drinking out across all day parts over the last quarter, according to Lumina Intelligence.
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Analysis & InsightMcDonald’s is still the brand leader in foodservice
The fast food brand achieved the highest share of eating/drinking out occasions in the UK, according to Lumina Intelligence, despite its share having fallen over the past year
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Analysis & InsightTrading in city centres bounces back
The latest Top Cities report from CGA and Wireless Social shows growth in restaurant, pub, and bar trading across the UK’s 10 biggest cities
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Analysis & InsightDelivery sales continue to fall from peak
Sales were down 29% in May 2022, versus the previous year, but still significantly up on 2019, according to the NielsenIQ & Slerp Hospitality at Home Tracker.
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Analysis & InsightSpiralling crisis causing ‘summer of discontent’
GfK said the consumer mood is now worse than in the early stages of the pandemic, the result of the 2016 Brexit referendum, and the 2008 global financial crisis
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Analysis & InsightShaftesbury Capital: ‘The world is their oyster’
MCA examines the Shaftesbury and Capco merger and its implications for tenants, consumers, and London’s West End
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Analysis & InsightRail strikes: ‘What happened to we’re all in this together?’
As city centre-based operators endure a trading climate similar to lockdown, MCA hears from D&D London, Stonegate, McMullen, Ole & Steen, Tortilla, Vagabond and Red Engine about the impact so far
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Analysis & InsightLondon restaurants exceed safe noise levels
More than half of restaurants in the capital were deemed to be too noisy to hold a conversation, according to a new survey by SoundPrint, while many exceeded the safe level for hearing
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Analysis & InsightA spritz for all occasions
Blonnie Whist, insight director at Lumina Intelligence, examines how evolved iterations of the Italian aperitivo are driving sales, from value pubs to the more premium
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Analysis & InsightBeer increases share of drinks occasions
Consumption increased by 2ppts over the 12 weeks to 15 May 2022, according to Lumina Intelligence, with the shift in share driven by recent sporting events, such as the Euros, and the warmer weather
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Analysis & InsightConsumers reducing spend on eating out
More than half of consumers polled said they had eaten out less than usual (64%) or not got a takeaway (58%), in the previous week, according to a survey commissioned by the BBC.
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Analysis & Insight‘Operators need to emphasise value for money credentials’
An increasing number of consumers are aligning themselves to price-led values, according to Lumina Intelligence
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Analysis & InsightManaged trading stands still in May
The Coffer CGA Business Tracker reports restaurant, pub and bar groups were trading just 0.1% ahead of 2019 - though with high inflation, sales are significantly behind in real terms
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Analysis & InsightScramble for talent hampers recovery
The hospitality and leisure sector’s post-pandemic revival could be severely hindered by the cost-of-living crisis and a widespread lack of staff, a new report from Barclays Corporate Banking warns
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Analysis & InsightLate Night Levy still a cause of concern and frustration
Almost ten years on from its introduction there are renewed calls for the levy to be abolished with a fresh approach to licensing needed in a post-Covid world.