Research
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%.
9 in 10 HK restaurants credit sales boost to deliveries during events
65% of restaurants saw stable or increased revenue during major summer sports events.
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%.
Why China’s coffee industry is booming
Chinese coffee chains are rapidly expanding into lower-tier cities, sparking fierce price wars.
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.
Consumers shift from delivery to pick-up amidst search for value
Delivery traffic declined by 6% in 2024, whilst pickup saw a growth of 18%.
4 in 5 Australians support brands engaging in social good
A quarter of respondents also admitted boycotting a brand due to unethical actions.
McDonald’s top YouGov SG and MY QSR rankings for 2024
The restaurant had an index score of 31.9 and 27.3 in both countries, respectively.
Promotions continue to drive growth in UK’s foodservice industry
Restaurant promos grew by 25% in QSR and 13% in casual dining.
3 in 4 Aussies cuts down food delivery amidst rising cost of living
68% are likely to order from food delivery services without delivery fees.
New mums opt for a burger and fries as their preferred post-birth meal
Over a third of mums appreciate this combo.
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