Category Archives: Other

Eating out sees unexpected dip as squeezed middle divert their spending, says Horizons’ survey

The recovery of the Britain’s eating out sector appears to have faltered, with the penetration, frequency and spend on eating out seeing a slight year-on-year dip, according to Horizons latest Eating Out-Look survey, conducted by YouGov*. Following a slow but steady increase in the number of people eating out since the economic downturn in 2008 […]

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OTAs become ever-more powerful remaining a heavy burden on hotel profit margins

Online travel agents (OTAs) such as Priceline and Expedia have become ever-more powerful as a result of strategic acquisitions of smaller, regional players with Priceline now controlling 62% of the European market, while Expedia holds around 70% of the US market. As a result hotels that have become increasingly reliant on bookings from OTAs might […]

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Staycity announces key European cities earmarked for expansion

THE UK, France, Germany, Spain, Italy and the Nordics are target areas for expansion for leading aparthotel operator Staycity, which will operate over 2,000 apartments by the end of 2016. Speaking at today’s Serviced Apartment Summit in London, Staycity chief executive Tom Walsh said that many of the key European cities offered a healthy mix […]

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Serviced apartments gain higher profile but will continue to evolve says HVS report

Serviced apartments have gained momentum across Europe as new openings, branding activity and a number of significant transactions have raised awareness of the sector amongst guests, investors, lenders and developers, according to a new report from global hotel consultancy HVS London, a leading expert on the sector. Speaking at this week’s Serviced Apartment Summit [7-8 […]

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Staycity scoops TripAdvisor award for excellence for fifth year running

Leading serviced apartment and aparthotel operator Staycity has been inducted into the TripAdvisor Hall of Fame, having won a Certificate of Excellence award for its Birmingham (Arcadian Centre) and Dublin (Saint Augustine Street) locations for five consecutive years. Said Staycity chief operating officer Keith Freeman: “We are delighted to have been recognised in this way […]

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Amsterdam’s hotel market shows record growth while further development is pushed out-of-town, says HVS report

Tighter planning regulations in central Amsterdam will mean future hotel development will continue to be concentrated outside the city centre where properties in non-tourist locations face particular challenges attracting guests. Despite this the city’s mix of leisure and business travellers means demand for hotels remains strong, with the sector seeing record growth in overnight stays […]

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UK foodservice sector set to be worth £56.3bn by 2019 hears Horizons’ Annual Briefing

Against a backdrop of rising household consumption, increasing national wages and falling unemployment, Horizons’ managing director Peter Backman forecast a value growth of over £10bn for the UK’s foodservice sector by the end of 2019. Speaking yesterday [10 March 2015] at the company’s Annual Briefing, held at the London headquarters of global law firm Dentons, […]

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Burnt ends and French dip sandwiches set to become latest eating out food trends, says Horizons

Charred meat cut from a barbecued brisket, known as ‘burnt ends’, are becoming one of the emerging trends in the UK’s high street restaurants, according to foodservice expert Horizons in its latest Menu Trends survey, which tracks the menu changes of high street restaurants, pubs, quick service outlets and hotels. According to the survey, burnt […]

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Britain’s eating out sector gains further ground with strong recovery in the regions, says Horizons survey

Britain’s eating out sector continues to move into more positive territory with 71% of respondents to a recent consumer survey having eaten out in the past two weeks, up from 69% over the same period last year. Horizons’ latest Eating Out-Look, conducted online by YouGov amongst 2,194 consumers, found that recovery in the frequency of […]

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Eating out sector to see further growth as consumer confidence improves, says Horizons

Trading through the eating out sector is likely to improve further this year, although it’s still a long way off peak 2008 levels, according to foodservice consultancy Horizons. The UK’s restaurants, hotels, quick service dining outlets, cafés, contract caterers and takeaways saw sales improve around 2% during 2014 with similar growth anticipated for 2015. “It […]

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