research report
UK hospitality insolvency remains high despite easing in Q3 2024
UK hospitality insolvency remains high despite easing in Q3 2024
Monthly hospitality insolvencies have remained consistently over 260 during this year.
Leisure and hospitality sector employment climbs for the first time since last year
Vacancies also continued to decrease.
SEA foodservice market to reach US$349.05b in 2029
It is expected to reach a CAGR of 12.65%.
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%.
Food services employees holds fourth highest rate of multiple job-holders
Job vacancies remain higher than before the pandemic.
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