Despite closures, restaurant growth offers some optimism to the UK hospitality industry. The latest Hospitality Market Monitor from CGA by NIQ and AlixPartners shows that: 🏢 Closures in Britain’s hospitality sector slowed from 8 sites a day in 2023 to 4 in the first quarter of 2024. 📈 The number of food-led sites grew by 0.1% in the first quarter of 2024 🍴Casual dining and independent restaurants grew by 0.5% Read more year-on-year comparisons here > https://postly.app/3Vls
Just Filters’ Post
More Relevant Posts
-
Britain’s top restaurant and pub groups deliver modest growth in February The latest CGA by NIQ Hospitality Business Tracker shows restaurants were hospitality’s best performing segment in February with like-for-like growth of 2.2%, while pubs were only fractionally behind at 2.1%. Read more - https://lnkd.in/eEdT_Tsy #data #hospitality #hospitalityindustry #restaurants #pubs #benchmarking
To view or add a comment, sign in
-
The hospitality industry is experiencing a remarkable transformation, driven by key trends that are capturing the attention of industry leaders and consumers alike. As dining and leisure experiences continue to evolve, several notable developments are shaping the future of the food and beverage sector in hospitality:https://lnkd.in/dz4-nP5A
To view or add a comment, sign in
-
70% more bookings — with automated reservations! ⚙️ Here's how it benefits your restaurant: ⏰24/7 Convenience Guests can book anytime, anywhere - no phone calls needed! 👋Goodbye Wait Times Free up your staff and let diners reserve tables on their own schedule. 🙂Happy Guests, Happy Business A smooth booking experience sets the tone for a positive dining experience. Don't miss out on the benefits of automation ➡️DM us for a demo and see how Weeloy streamlines your reservation system for a win-win for everyone #restaurantlife #restaurantmanagement #restaurantmanager #restauranttech #restauranttechnology #restaurantautomation #restauranthacks #restauranttips #restaurantmanagementsystem #restaurantmanagementsoftware #restaurantmanager #restaurant #bestrestaurants #MICHELINguide #michelinstar
To view or add a comment, sign in
-
The Decline of Service in Hospitality: A Growing Concern We've noticed a troubling trend in the hospitality industry: disengaged staff and poor service. Join us as we explore the reasons behind this decline and discuss how it's affecting our dining experiences across bars and restaurants. Let's rethink hospitality together. #HospitalityIssues #ServiceDecline #CustomerExperience #TrainingMatters #StaffEngagement #DiningOut #RestaurantService #BarExperience #HospitalityTrends #WorkplaceCulture
To view or add a comment, sign in
-
Restaurant Association of Singapore (RAS) expresses cautious optimism for the 2025 F&B outlook, acknowledging that business prospects will likely affect all dining concepts, from fine dining establishments to casual eateries and kiosks. This emphasises the diversity of Singapore's culinary landscape, with fine dining concepts complementing other F&B offerings, therefore crucial to maintaining a vibrant and dynamic food scene. To help boost business, RAS advises fine dining restaurants to focus on several key strategies: ✅innovating with unique dining experiences, ✅ embracing technology for enhanced customer engagement, ✅ ensuring perceived value for the premium pricing, and ✅ building strong relationships with patrons. On the customer side, RAS also encourages diners to actively explore new fine dining options, share their positive experiences, appreciate the overall service and ambiance, and provide constructive feedback to our fine dining concepts, to ensure continual improvement. RAS reaffirms its commitment to supporting the entire F&B industry through collaborative efforts with all stakeholders nevertheless. #onevoiceforfnb https://lnkd.in/g3hUSPd5
To view or add a comment, sign in
-
Should you ask guests for a deposit before confirming their booking? 🤔 Here are 4 key reasons why many restaurants implement deposits - and why it might be the right move for your business too! We dive deeper into the benefits of restaurant deposits in our latest blog. https://lnkd.in/dzdV6fav #servme #restauranttech #restaurantindustry #hospitality #businesstips
To view or add a comment, sign in
-
Elevate your Fine Dining experience ✨ - with a 360° platform For fine dining establishments, a seamless guest journey is paramount. A 360° restaurant platform offers the tools to elevate your service. ⭐️Streamline Operations Manage reservations, table assignments, and payments efficiently. ⭐️Enhance Guest Experience Deliver personalized service and create unforgettable memories. ⭐️Drive Revenue Increase average spend and boost customer loyalty. ➡️ Ready to redefine fine dining? Book a demo today! #fineDining #restaurantplatform #guestExperience #revenuegrowth #restaurantlife #restaurantmanagement #restaurantmanager #restauranttech #restauranttechnology #restaurantautomation #restauranthacks #restauranttips #restaurantmanagementsystem #restaurantmanagementsoftware #restaurantmanager #restaurant #bestrestaurants #MICHELINguide #michelinstar
To view or add a comment, sign in
-
Focus on delivering exceptional dining experiences amidst industry challenges. In the competitive world of hospitality, providing an outstanding dining experience is crucial. It not only attracts customers but also keeps them coming back. 🍽️✨ This dedication can set your restaurant apart and drive sustained success. Contact us today to discover how our expertise can elevate your restaurant sales and bring sustained success to your business. #DiningExcellence #CustomerExperience #HospitalitySuccess #restaurantmarketing #restaurantmarketingtips #restaurantmarketingsuccess #restaurantmarketingagency #restaurantmarketingstrategies #restaurantmarketingadvice #restaurantmarketingcompany #restaurantmarketingexpert #restaurantmarketingguide #restaurantmarketinghelp #restaurantmarketinghacks #restaurantmarketingideas #restaurantmarketingstrategy #restaurantmarketingtip #restaurantadvertising
To view or add a comment, sign in
-
Unveiling the Booking Secrets of Fine Dining ✨ Michelin-starred restaurants are renowned for flawless experiences. -- but how do they handle reservations smoothly? 1. Seamless Booking ⭐️ White-label systems ensure a branded booking experience. This builds trust and familiarity with your restaurant. 2. No-Show Nemesis 🚫 Automated features like prepayments and confirmations minimize disruptions and cancellations. 3. Secure & Streamlined 🔒 Integrated payments eliminate third-party links, guaranteeing secure transactions and a one-stop booking process. Ready to upgrade your booking system? Weeloy offers the same tools Michelin restaurants use! 👀 DM us to Book a Demo and experience the difference! #restaurantlife #restaurantmanagement #restaurantmanager #restauranttech #restauranttechnology #restaurantautomation #restauranthacks #restauranttips #restaurantmanagementsystem #restaurantmanagementsoftware #restaurantmanager #restaurant #bestrestaurants #MICHELINguide #michelinstar
To view or add a comment, sign in
-
Chain restaurants and fast-casual dining establishments have notably benefited from RevPASH. For example, brands like Olive Garden and TGI Fridays have used RevPASH to fine-tune their operations, leading to increased efficiency and profitability. So what is RevPASH? The concept of RevPASH was actually inspired by a similar metric used in the airline industry called Revenue per Available Seat Mile (RASM). Was first formally introduced in the hospitality literature by Cornell University’s Quarterly Journal. How it is calculated? The RevPASH is calculated by dividing the total revenue generated by the number of available seat per hours. Why it can be used for? Strategic decision-making in various aspects: Seating Optimization Menu Engineering Staff Scheduling Promotions and Discounts
To view or add a comment, sign in
27 followers
Business Manager, How's My Driving; Network Hygiene Ltd; Just Filters
6moI love that the recovery is happening in our hospitality industry!! 🎈 🥂