Future Shock – Hospitality in 2022 Report Released by UKHospitality
The latest Future Shock report illustrates how, given the right support, the sector can play its part in mitigating the looming crisis, insight from UKHospitality and CGA reveals
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The latest Future Shock report illustrates how, given the right support, the sector can play its part in mitigating the looming crisis, insight from UKHospitality and CGA reveals
'These new figures show jobs in the hospitality sector up 252,000 over the last 12-months and unemployment substantially down, now at 4% and therefore below pre-pandemic levels'
Toast (NYSE: TOST) today announced the first edition of its quarterly Restaurant Trends Report, providing visibility into the overall state of the restaurant industry through aggregated sales data from restaurants on the Toast platform, which has approximately 57,000 locations as of the end of 2021 in the U.S.
Using the latest ONS labour market statistics published today, UKHospitality has extricated data showing that current vacancies in hospitality are more than 100% higher than the corresponding pre-Covid period.
3x more planning to order directly from restaurants versus third-party apps
As cost pressures on the industry increase and with a return to 20% VAT on the horizon, many in the hospitality sector will be forced to pass on double-digit price rises to customers.
Millennials and Gen Z adults love restaurant subscriptions, voice ordering, and 3rd-party delivery.
2022 remains year of transition as path to recovery continues; Labor challenges a top concern for operators
New data from UKHospitality and CGA shows sales in pubs, restaurants and bars down 60% on Christmas Day, 31% on Boxing Day and 27% on New Years Eve, compared to 2019
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