All Analysis & Insight articles – Page 59
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Analysis & InsightAverage spend up as pubs and bars grow share
Latest data from Lumina Intelligence’s Eating & Drinking Out Panel indicates a shift in channel share during the four weeks to 11 July 2021 driven by the Euros. As consumers gathered to watch the football, pubs and bars have continued to gain channel share, accounting for 15.0% of total eating out occasions across the four weeks – up 2ppts versus the previous period. Restaurants have also continued to grow share, up 0.6ppts to 12.7%.
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Analysis & InsightJapanese cuisine closes gap on Italian dominance in restaurants
Data from Lumina Intelligence’s Menu Tracker is helping to shed a light on trends in starter and main cuisines within chain pubs and restaurants. In restaurants, Italian cuisine continues to dominate while the incidence of pan-Asian dishes grow. British cuisine dominates pub & bar menus and leads year-on-year growth.
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Analysis & InsightMajority of consumers have returned to hospitality since July 19
CGA research indicates that 56% of consumers have returned to restaurants, pubs and bars since 19 July, although a continued focus on social distancing measures in venues is keeping sales below pre-Covid levels. In total, around three quarters (73%) of consumers have returned to the out-of-home market since venues could reopen in April.
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Analysis & InsightSector loses £100bn in sales
Hospitality businesses have suffered a £100.2bn drop in sales from pre-pandemic levels in the 15 months since the start of the pandemic, the latest edition of the UKHospitality Quarterly Tracker with CGA reveals.
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Analysis & InsightWhat next for Just Eat Takeaway?
Having enjoyed a boom during the Covid pandemic, Just Eat Takeaway and other delivery providers find themselves under pressure now that hospitality has reopened. So what is next for Just Eat Takeaway and how might it continue to grow?
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Analysis & InsightAdmiral and Hawthorn ‘made for each other’
Originally announcing plans to go public as a standalone company in April, in the event it was a trade buyer that sealed the deal for Hawthorn.
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Analysis & InsightEU workers at lowest level for past five years
The proportion of hospitality workers from the EU has fallen to its lowest level in the UK in the past five years, according to the latest data from software provider Fourth.
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Analysis & InsightMarston’s described as ‘top value play’
Marston’s has been described as a ‘top value play’ by analyst Peel Hunt, in a note preceding the brewer and pub operator’s third quarter trading statement due out on 28 July.
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Analysis & InsightDelivery and takeaway sales nearly triple pre-Covid levels
Data from CGA indicates deliveries and takeaways draw more than a third of managed groups’ sales, with June income up 225% compared to June 2019. Volumes of delivery now exceed that of combined takeaways and click and collect orders.
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Analysis & InsightLoungers could up 25 new openings a year target
Loungers’ is exploring the possibility of moving beyond its target rate of 25 new site openings per year, according to analyst Berenberg.
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Analysis & InsightDrinking-out boosted by Euros finale, but sales still slow
Latest data from CGA’s Drinks Recovery Tracker suggests that while the Euros tournament has provided some venues with a much-needed lift in sales, social distancing, table service and other restrictions have held back this increase to be below what would have been expected pre-Covid.
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Analysis & InsightGood weather boosts June sales to near 2019 level
Britain’s managed pub, restaurant and bar groups saw sales drop just 1% in June from the same month in 2019, according to the Coffer CGA Business Tracker boosted by good weather.
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Analysis & InsightFurther 12,000 licensed premises set to reopen on 19 July
New research from CGA and AlixPartners predicts 12,000 hospitality venues could reopen next Monday, but several challenges remain for the sector. The latest edition of the Market Recovery Monitor reveals net closures across the licensed sector equivalent to 25 per day during the last 12 months.
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Analysis & InsightDessert parlours and QSR chains to lead outlet expansion
While outlet numbers are forecast to decline for the second year running during 2021, there remain strong pockets of expansion, much of which is driven by the use of franchises. Dessert parlours and certain QSR chains in particular are growing rapidly.
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Analysis & InsightProceed with caution
The long-awaited announcement that the government was moving England to step four on its unlocking plan was met with mixed reaction this week, with operators concerned about the impact on consumer confidence.
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Analysis & InsightDrive-thrus a ‘significant milestone’ for Leon
Restaurant and cafe chains are in a “bunfight” for drive-thru sites as a surge in demand during the pandemic has seen them become one of the most in-demand parts of the property market.
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Analysis & InsightLate night venues to benefit from 18-30s
Research shows the vast majority of young people aged 18-30 plan to responsibly return to late night leisure venues, with three quarters of respondents happy to adhere to government guidelines and measures. Yet, average spending could be 7% lower.
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Analysis & InsightThe growing appeal of the drive-thru
The drive-thru format is attracting attention from a diverse set of operators in the UK. What are some of the key factors for success and how might the format be evolving?
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Analysis & InsightRestrictions drag on drinks sales
Latest data from CGA shows the impact table service, social distancing and limits on group size are having on drink sales in pubs and restaurants.
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Analysis & InsightSelf-isolation a ‘major unresolved issue’
The issue of staff being required to self-isolate after being pinged by the NHS app remains a major unresolved issue, but is subject to high-level discussions with government, MCA’s The Conversation has heard.