The Restaurant sector – is it consumer confidence led?
The number of restaurant outlets has declined by -0.5% in the last year, and turnover is down -0.8%… so what is changing in the industry to cause this? Analysing consumer behaviour is an incredibly important factor – the no. of consumers eating out for birthdays/special occasions has doubled, which suggests there is a growing demand for people wanting to eat out. However the decreased value of the £GBP and Brexit may have tightened customers’ purse-strings, as they head into a relatively unknown future, which could explain the aforementioned decline.
The way consumers are eating out is changing… they are planning it more and sticking to “trusted” brands that they know are well priced and do great food. Deciding where to eat out is therefore not as spontaneous and more brand-orientated. Restaurant brands are translating their culture-led message onto consumers – if this is done effectively, restaurant brands will grow as consumer loyalty increases, and so will confidence within the sector. The emergence of Five Guys’ culture of “having fun and being nice” is the perfect example of this, as they are opening a new restaurant almost every 3 days!
With the ever-changing food trends, is the famous and traditional Italian cuisine keeping up? The profound cultural transformations and technological advancements that have occurred in recent years have impacted the hospitality industry in a big way. Nowadays there is a quasi-obsessive, but enjoyable attention to detail. A client entering a restaurant – even for a quick […]
UHS Group are delighted to announce the start of a strategic partnership with AndCo to further boost their presence in the co-working and hospitality market. How AndCo Works… AndCo partners with the most exciting hotels, restaurants and bars in London, Bristol and soon to be the rest of the UK. They then offer it […]
Another Summer is upon us… which means another Clerkenwell Design Week! This years show is going to be a bumper one, as it’s the 10 year anniversary of CDW – hence the double hashtag #CDW10 & #CDW2019 To celebrate this exciting event and due to high demand, UHS will be opening a pop-up showroom from […]
With UK temperatures already reaching a high of 21°C at the end of February 2019, it looks as though we may be in for another year of record-breaking heat waves. As a restaurant or bar owner, you may not have been ready for the influx of customers wanting to eat and drink outdoors last year. […]
Think of your office reception as the face of your business. It’s one of the first things a visitor sees and can create a lasting impression that can be hard to shake if you get it wrong. That being the case, creating a reception area that portrays your business in the most positive light is […]
The purpose of office breakout areas A huge portion of our time at work is spent at our desk – this can quickly become dull and uninspiring. Many business owners are beginning to realise that to benefit from an engaged and motivated workforce, additional focus should be placed on providing the space for staff to […]
Nearly 2 decades into the 21st century, we’re rapidly starting to see the move from rigid office environments, to free and fluid agile working spaces. This approach is frequently proving to facilitate creativity and productivity in workers, with lots of big companies adopting open work areas and creative spaces. Significantly, employers are quickly learning the […]
Visual stimuli have been proven to alter your customers’ perception of taste, flavour, and smell. In fact, in an article on the drinks business, a professor of experimental psychology at Oxford University, Charles Spence, said: “Lighting and music can act as digital seasoning for food and wine.” With this in mind, it’s vital that bars […]