The United Kingdom recently announced its Autumn Budget for 2024. The government sought to use taxes and higher borrowing to finance increased public spending. Here are three of the main takeaways from this year’s budget that operators in the hospitality industry should be aware of:
Despite entering a period of recovery post-pandemic, the restaurant and hospitality
industry is growing as it adapts to evolving consumer trends and a looming potential
recession. At the forefront of this growth is QSR and fast casual franchises.
Food and beverage establishments are the cornerstone of social interactions across the globe. Celebrations, business dealings, and even grieving happens over a meal or a beer. Collectively, people rely on the food and beverage industry as a way of life, but also to make a living.
Your London restaurant is an enormous success and now you have your sights set on bringing your concept to The States. But, tourism and restaurant opportunities are high in Dubai, so your upscale-trendy menu could fare well in the growing market. Better yet, a second London location may work.
Hospitality is a rapidly evolving market with changes defining the success of a business in
an unpredictable industry. In recent years, all industry sectors have been capitalized by a
push for sustainability and a growing need for eco-friendly operations.
MICE tourism, which stands for Meetings, Incentives, Conferences, and Exhibitions, is a growing segment of the tourism industry in the Middle East, specifically affecting hotels and adjacent hospitality sectors.
The Middle East’s dining scene is undergoing a vibrant transformation. Diners are seeking more
than just a delicious meal; they crave an immersive and interactive experience that blends culinary
delights with captivating environments and engaging activities.
As the Middle East dining climate evolves, new trends are rapidly emerging, from new
cuisines to immersive entertainment. One facet of the hospitality sector in the Middle East is sustainability and plant-based eating.
The hospitality industry is a complicated financial facet, specific intricacies of hotels, restaurants, and resorts all require nuanced support because of industry-specific regulations and compliance. Paperchase solidifies its stance in the industry through a tech-agnostic operation.
Early 2024 saw a significant shift in the Middle Eastern hospitality industry, with a surge in the focus on coffee. Changing consumer tastes, and a turn towards Western culture due to an influx
of tourists, have caused coffee shops to pop up all over the region. While partially concentrated in areas with a high presence of trade offices and employment centers, the caffeinated bean shows no signs of slowing down.
A strategic look into Saudi covers vs. UAE and where their fine-dining future stands. Driven by a rich culinary heritage and shifting consumer lifestyle and preferences, the Middle East Restaurant Market has witnessed a significant boost post-pandemic.
It’s almost been an entire year since Covid altered life as we knew it. A lot has changed during this time including consumers’ eating habits, attitudes and behaviours.
With an increase in the change in eating habits, and the popularity of dishes that contain neither meat, fish, eggs, or dairy, with vegetarian and plant-based eating gaining popularity, are restaurateurs future-proofing their relationships with their diners?
3 US restaurateurs share their experiences
Following our recap of the 2021 budget and the UK government’s announcement that hospitality venues can reopen outdoors in April and indoors in May.
