UK pub and bar sector to see modest growth in 2024
The UK pub and bar sector is set for modest growth in 2024, with a forecasted 1.5% rise in value, according to Lumina Intelligence’s Operator Data Index.
Read more...The UK pub and bar sector is set for modest growth in 2024, with a forecasted 1.5% rise in value, according to Lumina Intelligence’s Operator Data Index.
Read more...The UK pub and bar market is expected to grow by 1.7% in 2024, reaching a total value of £23.6 billion, according to Lumina Intelligence’s latest report.
Read more...According to Lumina Intelligence, the UK restaurant market reached a value of £18.6bn in 2023, spearheaded by premium branded establishments and menu price inflation.
Read more...With the festive period upon us, Chris Losh asks how restaurants might fashion a silk purse out of a pig of a trading climate.
Read more...The latest Lumina research has revealed that consumers are opting for affordable drink-only occasions, with pubs and bars seeing the most notable share growth year-on-year, up 1.3% in Q3.
Read more...In its latest research project, Lumina Intelligence, a leader in food and drinks insights, has found that consumers remain cautious about discretionary spending in the on-trade.
Read more...Encouraging new data has shown that menus are re-expanding again following a period of contraction and rationalisation during the worst months of Covid.
Read more...It seems no matter where the cost increase comes from – whether it be energy bills, business rates or fuel increases – the consumer will always pay the ultimate price.
Read more...As inflation takes hold of consumers and businesses alike, the hospitality industry remains in a deadlock, with businesses planning for more challenging times ahead.
Read more...According to the new Lumina Intelligence Eating Out Market Report, the UK on-trade is set to value £95.2 billion in 2022, +4% versus its 2019 value, meaning that inflation is outpacing market growth.
Read more...According to the latest data from Lumina Intelligence, consumer spending in the on-trade has declined by -9%, in the 12 weeks ending 20/03/2022.
Read more...Over the last 24 months, food and drinks deliveries became one of the only routes to market for operators across the UK, which continues to grow despite coronavirus restrictions easing.
Read more...A third (34%) of consumers either have or are considering purchasing food and drink for Christmas before the end of October, new research has revealed.
Read more...Dine-in occasions are on the rise as consumers return in-person to restaurants – a shift in consumption patterns which has resulted in greater buy-in for drinks.
Read more...The total eating and drinking out market is expected to see 44.7% YOY growth in 2022, the equivalent value of almost £92bn and surpassing its 2019 value growth as pent up demand is set to give the sector a boost in its recovery from the pandemic.
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