£13BN ON BREKKIE
Socialising over breakfast for business and pleasure is a growing phenomenon, as 65% of Britons are socially dining out in this way at least twice a month and spending an average of £14.75. Collectively this equates to a £13bn spend on the most important meal of the day, a breakfast report by Travelodge has shown. Three-quarters of adults report that socialising over breakfast suits their modern lifestyle as it is more affordable than dining out for lunch or dinner.
Half of UK people are concerned that their local high street is being overrun with restaurant and fast food chains, according to new research by GoKart. The study found that 37% of people have seen one or more of their favourite local independent restaurants shut down in the past 12 months; 43% are concerned that Brexit and the weakening pound will result in more restaurant closures and higher meal prices; and 42% believe the government should limit the number of national or multi-national chains opening on the high streets.
HOSPITALITY BUCKS THE TREND
Consumer spend in hotels, restaurants and bars increased 2.5% year-on-year in July 2018, according to the Visa UK Consumer Spending Index, a more modest jump compared to the 5.4% in June. Despite the lesser growth on the previous month, this sector performed far better than transport and communication (-4.1%), recreation and culture (-3.9%) and household goods (-3.2%), which brought the overall consume spend growth to -0.9%. The warmer weather was credited for supporting the increase in spend in hotels, restaurants and bars.
VEGANS LEFT WITH A SOUR TASTE
There was a 5% increase in the number of negative reviews about vegan food from January 2018 to May 2018, according to the latest findings from Feed It Back, suggesting that the consumer expectation of this category is rising. The customer feedback and online reputation specialist looked at reviews from more than 400,000 diners in the restaurant, quick-service restaurant and pub industries. Reviews were mostly critical of the lack of choice in vegan dining options, with guests reporting that menus were often limited and uninspiring.