Research
UK hospitality insolvency remains high despite easing in Q3 2024
Monthly hospitality insolvencies have remained consistently over 260 during this year.
22 hours ago
UK hospitality insolvency remains high despite easing in Q3 2024
Monthly hospitality insolvencies have remained consistently over 260 during this year.
22 hours ago
NICs raise could dampen hospitality recovery momentum
Restaurant openings in the third quarter grew by 0.7%.
1 day ago
New fast-food restaurant openings surged 2.8% in first nine-months
Chicken chains grew the most at 7%.
1 day ago
Leisure and hospitality sector employment climbs for the first time since last year
Vacancies also continued to decrease.
A year in review of the UK’s fast food market
Chicken shops are winning whilst pizza delivery outlets showed slow growth.
Hospitality leaders' confidence drops to 41%
This is a dip of eight percentage points from 49% in August.
Larks Vs Owls: A cross-country comparison of QSR traffic
Data reveals that the British like to have a hearty breakfast whilst the French often go for late-night dining.
Nearly two-thirds of businesses increase prioritisation on food waste efforts
However, only 34% of them believe that they are doing a good job in managing food waste in their segment.
Hospitality groups report 1.7% growth in September
Total sales growth was at 3.7%.
Promotions trend in casual dining revealed
The number of promotions in casual dining rose by 25%.
Hospitality insolvencies drop 16% MoM in August 2024
It also went down by 29% YoY.
Special price offers surge as the most popular promotional tool for QSRs
It accounts for 79% of dine-in formats and 53% in the delivery sector.
UK’s QSR market to reach $44.01b by 2029
The market is forecasted to grow at a CAGR of 5.25%.
Fast casual restaurant market grows by US$302.5b in 2024 to 2028
It is estimated to increase at a CAGR of 15.2%.
UK foodservice promotions across segments revealed
The share of in-restaurant price promotions was at 86% in H1.
Promotions continue to drive growth in UK’s foodservice industry
Restaurant promos grew by 25% in QSR and 13% in casual dining.
New mums opt for a burger and fries as their preferred post-birth meal
Over a third of mums appreciate this combo.
Commentary
People want experiences – but not at the cost of food & beverage