Search
The Caterer

Europeans spend more than €300b on eating out

02 August 2007 by
Europeans spend more than €300b on eating out

Europeans are spending more than ever on eating and drinking out with out-of-home food and drink spend breaking through the €300b mark for the first time.

Research from food service analysts Horizons suggest that the European-wide spend has increased to €301b (£202b) a year.

The five largest countries in Europe account for 77% of that figure, led by Germany with out of home food and drink sales of €64b (£43b). This was followed by France €54b (£36.5b), UK €44b (£29.6b), Italy €37 (£25b) and Spain €34 (£23b).

The report ties in with a recent survey by American Express, which suggests that business confidence among Europe's hotels and restaurants has increased by more than 20% in the past year.

The survey found that more than three-quarters of operators in Europe felt more confident about the outlook for their business in the next 12 months than they did a year ago.

Business confidence amongst restaurateurs and hoteliers soars >>

Britons eat out less as inflation hits spending >>

Eating-out spend fears >>

By Kerstin Kühn

E-mail your comments to Kerstin Kühn here.

The Caterer Blog](http://www.caterersearch.com/blogs/catering-news-blog/) Catch up with more news and gossip on the Caterer Blog here
[Newswire For the latest hospitality news, sign up for our e-mail news alerts.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.