research report
UK hospitality insolvency remains high despite easing in Q3 2024
Monthly hospitality insolvencies have remained consistently over 260 during this year.
1 day ago
UK hospitality insolvency remains high despite easing in Q3 2024
Monthly hospitality insolvencies have remained consistently over 260 during this year.
1 day ago
Leisure and hospitality sector employment climbs for the first time since last year
Vacancies also continued to decrease.
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 insolvencies drop 16% MoM in August 2024
It also went down by 29% YoY.
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%.
Last hour takeaway cancellations cause restaurants to lose more than $3k yearly
A weekly revenue of £10k may experience a loss from £66 to £133.
Nearly half of global coffee launches in 2020 were sustainable: Mintel
This was close to double from 2012.
Food-to-go market to return to pre-COVID levels in second half of 2022
QSRs in particular, were credited for being the main driver of growth.
Restaurants, pubs sales down 27% in June YoY, but near 2019 levels
Total sales in restaurants were up by 3% in June.
Commentary
People want experiences – but not at the cost of food & beverage