Hospitality Today July-Aug 2016 - Page 19

Bookatable CEO Joe Steele commented : “ Compared to the seemingly decadent days of the 80s , the business lunch has been on the decline in recent years .
Our research shows that perceived expense and a lack of time are major contributing factors – but many restaurants now offer incredible lunchtime deals coupled with speedy service . We want to encourage British business to get out of the meeting room and into the dining room .”
“ Impulsive ” consumer behaviour revealed
hospitalitytoday . com | 19
With the rise of quick and convenient apps , services and payment methods making it easier than ever for Brits to make instant purchases , new research from VoucherCodes . co . uk gives insight into the nation ’ s impulsive habits when it comes to disposable income . Over a quarter ( 26 %) of UK consumers say they buy on impulse at least four times a month , spending an average of £ 357 per year on spontaneous purchases . The leisure and hospitality industry benefits the most with the average spent each year on dinners and drinks out is £ 511.63 overall ; within this average , millenials spend £ 507.78 and over 55s spend £ 416.72 .
Sandwich Sales dip 6 % while street food booms
Labelling and eco packaging company Planglow have revealed new survey findings on the “ grab and go ” market : a dip in popularity for sandwiches while sales of hot food and drinks have soared . The research is based on sales of more than 50 million compostable packaging products sold by Planglow over the past two years , and the company is attributing the shift in consumer tastes to the rapid growth of the street food movement . Planglow estimates that hot food offerings now account for 8.6 % - or nearly one in twelve purchases - which is a 2.5 % increase in their grab and go market share . Hot drink sales have risen too - by 2.2 % - now commanding a tenth ( 10.2 %) of the market . Further findings suggest that , over the past year , sandwiches have lost a 6 % slice of grab and go sales , however they still make up 63 % of the market . Meanwhile salads are down 3 % in market share , and the average consumer is 25 times more likely to choose a sandwich than a salad-to-go .
“Impulsive” consumer hospitalitytoday.com behaviour revealed | 19 With the rise of quick and convenient apps, services and payment methods making it easier than ever for Brits to make instant purchases, new research from VoucherCodes.co.uk gives insight into the nation’s impulsive habits when it comes to disposable income. Over a quarter (26%) of UK consumers say they buy on impulse at least four times a month, spending an average of £357 per year on spontaneous purchases. Bookatable CEO Joe Steele commented: “Compared to the seemingly decadent days of the 80s, the business lunch has been on the decline in recent years. Our research shows that perceived expense and a lack of time are major contributing factors – but many restaurants now offer incredible lunchtime deals coupled with speedy service. We want to encourage British business to get out of the meeting room and into the dining room.” The leisure and hospitality industry benefits the most with the average spent each year on dinners and dr []\0LLKݙ\[][\]\YKZ[[X[[L ˍ[ݙ\ M\[0 M̋[X[\\ B[HY]\“X[[[XXY[\[B[]H]X[Y]\^B[[ۈH8'ܘX['HX\]H\[[\]H܈[X\[H[\›و[[]H\Y B\X\\\Yۈ[\و[ܙH[ LZ[[ۈ\XHXY[XœH[ݙ\H\YX\[H\[H\]X][HY[ۜ[Y\\\H\YܛوBY][ݙ[Y[ [\[X]\]ٙ\[›X[܈ H H܈X\HۙH[[H\\\ HX\H IH[ܙX\B[Z\ܘX[X\]\K[[\]H\[ HH H H˜[X[[H[ L JHوHX\] \\[[Y\] ݙ\H\YX\[X\]HH HXHوܘX[[\]\^H[XZH\HوHX\] YX[[H[Y\Hۈ H[X\]\K[H]\YHۜ[Y\\ H[Y\›[ܙHZ[HHH[X[B[Y ]Y˂