Research
UK hospitality insolvency remains high despite easing in Q3 2024
Monthly hospitality insolvencies have remained consistently over 260 during this year.
2 days ago
UK hospitality insolvency remains high despite easing in Q3 2024
Monthly hospitality insolvencies have remained consistently over 260 during this year.
2 days ago
NICs raise could dampen hospitality recovery momentum
Restaurant openings in the third quarter grew by 0.7%.
3 days ago
New fast-food restaurant openings surged 2.8% in first nine-months
Chicken chains grew the most at 7%.
3 days 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