All Analysis & Insight articles – Page 60
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Analysis & Insight
An end to the ‘greatest crisis our sector has ever faced’
The hospitality industry breathed a collective sigh of relief after the prime minister confirmed yesterday evening the end of Covid restrictions in England on 19 July subject to a final decision next week.
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Analysis & Insight
Good weather boosts eating out
Following the reopening of dine-in hospitality consumer participation has increased, thanks to a rise in visit frequency. In the four weeks to 13 June 2021 pubs and restaurants have been the main beneficiaries of this trend, gaining channel share and driving up average spend.
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Analysis & Insight
Lounges to lead outlet growth
Loungers is forecast to be the standout brand performer in terms of outlet growth within the branded pub & bar restaurant segment according to Lumina Intelligence’s latest ODI (Operator Data Index) analysis.
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Analysis & Insight
The race to carbon zero
Images of stranded starving polar bears, melting ice caps and uncontainable wildfires may seem a far cry from the reality of day-to-day hospitality operations in the UK. Yet more and more leaders from within the sector and beyond are becoming alive to what is widely recognised as a global climate change emergency.
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Analysis & Insight
How hungry is the UK for Wendy’s square burgers?
As part of the return of US burger chain Wendy’s to our shores comes the reappearance of the brand’s iconic square burgers. According to company folklore, Wendy’s founder Dave Thomas would emphasise the importance of not cutting corners – and some see that ethos reflected in the shape of its patties.
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Analysis & Insight
25k venues remain shut
Around 25,000 licensed premises were still shut at the end of May 2021, and the delay to a complete reopening puts a significant number at risk of permanent closure.
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Analysis & Insight
Inflation pushes food prices
Food basket prices increased by 5.3% in April as pressure from inflation kicked in after months of stagnant activity, according to the latest CGA Prestige Foodservice Price Index.
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Analysis & Insight
The paradox of returning to hospitality
Eating out participation - the proportion of consumers eating a meal out - is on the rise, reaching 48% in the four weeks ending 16 May 2021 according to Lumina Intelligence Eating & Drinking Out Panel, from a low of 33% in January.
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Analysis & Insight
Price and visibility barriers to low and no alcohol drinks
Perceived poor value and lack of visibility are two of the main barriers to greater sales of low and no products, according to new research from Lumina Intelligence.
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Analysis & Insight
Restrictions are ‘increasingly difficult to police’
Pubs cannot be expected to force customers to obey lockdown rules after Boris Johnson delayed the final step of reopening, bosses have said.
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Analysis & Insight
‘The delay is devastating for us’
There was a sense of resigned frustration and grudging inevitability about last night’s announcement from Boris Johnson.
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Analysis & Insight
Confidence in pub sector is growing, says ONS
The percentage of pub and bar operators who had “high confidence” in their business surviving the next three months is growing, pushing past the 20% mark for the first time since November last year.
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Analysis & Insight
Young lead the rush to the bar
Spending on bars and pubs saw a 1.4% growth among 16-24-year olds in May, as younger consumers returned to socialising at the earliest possible opportunity.
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Analysis & Insight
Visits down but spend up
Consumer spend in pubs and bars was up 28% on average over the 12 weeks to 16 May 2021, compared with the same period in 2019, despite visit frequency being down, according to new data from Kantar Worldpanel.
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Analysis & Insight
BII - pub operators ‘exhausted’
The British Institute of Innkeeping (BII) has reported that 74% of its members are currently loss-making or break even at best.
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Analysis & Insight
Eating out frequency expected to fall for a third of consumers
Almost a third of consumers (29%) plan to eat out less frequently than they did pre-pandemic, with the intention to eat out less often the highest among 45-64 year-olds, according to a new report from Lumina Intelligence.
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Analysis & Insight
Eating out market expected to grow +30% in 2021
The UK eating out market is expected to grow by 33.4% in 2021, to reach a value of £63.6bn, according to a new report by Lumina Intelligence.
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Analysis & Insight
Fears over ongoing staff shortages
Nine in 10 hospitality business leaders expect to face staff shortages this year, the latest Business Confidence Survey from CGA and Fourth reveals.
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Analysis & Insight
Wet weather dampens May footfall
The number of people attending restaurants was 27.5% lower than pre-pandemic levels in May, up from 32.7% lower in April.
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Analysis & Insight
Time at the bar?
The scrum at the bar is as much a British rite of passage for the cash-waving customer as it is for the freshly trained recruit charged with marshalling a four-deep crowd.