Research
Hospitality businesses warned to brace for higher wage cost
Hospitality businesses warned to brace for higher wage cost
Wages could increase by 50% for workers aged 18 to 20.
Why are consumers avoiding food and beverage outlets?
1 in 2 stopped ordering from F&B outlets after learning of poor hygiene.
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.
Gen Zs name their top picks for employers in Hospitality and QSR
Ben & Jerry’s was the number one pick.
Is it time for a tech renaissance in drive-thrus?
70% of fast food sales in the US comes through drive-thrus
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.
What the recovery in hospitality means for fast food restaurants
Consumer habits still show that most consumer spending goes towards essentials.
Restaurant operators lean on tech to address more than labour gaps
One in two restaurateurs have said they plan to increase spending on tech and automation.
Eating out spending up but not for cafes and casual dining
Fine dining spending, however, climbed 7%.
Top hospitality group sales slip 1.7% over wet weather
It is the first year-on-year drop in monthly sales since September 2022.
Foodservice traffic dips despite growth in spending
A rise in average eater cheques was the reason for the growth.
The rise of value hackers in SEA and how it affects QSRs
This trend can potentially impact menu innovation in restaurants.
How fast-food chains utilise meal deals and LTOs to meet changing consumer demands
LTOs and seasonal items’ share on the menu has grown by 12% in the last year.
Hospitality closure rates slow amidst easing of cost pressures
One in 40 licensed premises have shut down in the last 12 months
Hong Kong restaurants saw 37% uptick in takeaways supported by food delivery aggregators
34% of restaurants attribute 30% of their revenue to delivery platforms.
Commentary
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