CGA

The impact of consumers’ financial concerns cannot be underplayed as hospitality looks to emerge from the coronavirus lockdown, industry leaders heard today.

Operators should expect significant instability in food prices as a result of the Covid-19 pandemic, despite record deflation recorded in March.

The increased worldwide focus on the need to preserve resources and manage carbon emissions is driving significant change in consumer behaviour when eating out, according a new report.

Optimism in the eating and drinking-out market has reached an 18-month high, although concerns about rising costs and a 2020 squeeze on consumer spending remain.