Research
Britain’s hospitality sector records first outlet growths in two years
Britain’s hospitality sector records first outlet growths in two years
There were 462 net new openings between March and June.
Bakery and Sandwich traffic only segment to grow in H1
Traffic dropped by 1% overall.
4 in 5 diners said they like to try new cuisines when eating out
Asian foods came out as the most popular cuisine across the world.
Is the UK foodservice market showing signs of recovery?
Meaningful Vision tracked the overall traffic trends by segment.
1 in 2 consumers prefer familiar restaurants over new ones
However, restaurants with discounts or reward systems can still entice them.
Price fluctuations should remind operators that the market remains volatile—analyst
Inflation in June 2024 stood at 3.6%.
Hospitality group sales growth slightly dips in May
But it is still ahead of the current rate of inflation as measured by the Consumer Prices Index.
Hospitality insolvencies climb 20% in May
Unseasonal cold and wet weather impacted trading in the first half of 2024.
Disparities in the rate of price inflation across fast-food menus
Price hikes vary by menu category, led by drinks.
3 in 4 hospitality workers struggle with mental health
The top challenges were long hours and the cost of living crisis.
Dine-in catches up as delivery inflation cools faster
Delivery was considerably more expansive but the gap has started to narrow.
Hospitality businesses warned to brace for higher wage cost
Wages could increase by 50% for workers aged 18 to 20.
UK foodservice inflation slows, but outpaces grocery in 2024
There is a 5% gap between menu price inflation and F&B prices in retail outlets.
Delivery sales grew 11.3% in May as weather keep consumers from going out
At-home sales have grown for 12 consecutive months
Foodservice inflation slows but remains higher than retail
A gap of 5% remains when compared to retail F&B prices.
Accommodation and food service insolvencies surge 27% in 2024
Insolvencies went up 11% month-on-month in April 2024.
Hospitality groups back on the growth track after slipping in April
The latest tracker by CGA by NIQ reveals a growth of 3.6% in May.
