Posts Tagged "global restaurant trends"

How Restaurants Respond to Natural Disasters

As far as natural disasters go, Fall 2017 is off to a rough start. In August, Hurricane Harvey made landfall in Texas, stranding thousands in their homes, and leading to widespread flooding across densely populated areas like Houston. Just days later, the Category 5 Irma barreled toward Florida, leaving a wake of destruction in its path. Shortly after Irma destroyed…read more →Read more...

Who’s Who Among Public GCC Restaurant and Hospitality Companies

A slew of headlines have plagued the GCC in recent months — many related to poor economic conditions brought on by political issues and sagging oil prices. GCC restaurant stocks have been impacted but, despite the recent problems, the region (and the hospitality sector in particular) continues to experience growth, making it a burgeoning location for both homegrown concepts and…read more →Read more...

The Largest Restaurant Acquisitions of the Past Two Decades

In 2015, estimates pegged the value of restaurant mergers and restaurant acquisitions (M&A) in the US at roughly $120.8 billion, jumping 58% from the previous record the prior year. In 2016, the value of those deals was down some 23%, but the number of deals was up, with restaurant deals comprising 1.1% of all (13,142) M&A deals. Between 2004 and…read more →Read more...

How Macroeconomic Conditions Will Impact Qatar’s Restaurant Industry

Once one of the poorest Gulf states, today, Qatar is one of the richest countries in the GCC. But it hasn’t been without its struggles, particularly recently. First, there were sagging oil prices, which have plagued the GCC in recent years. But the country most recently made headlines for its alleged support of terrorist organizations (including the Palestinian Hamas faction…read more →Read more...

Factors Affecting The Kuwait Restaurant Industry

The Kuwait restaurant industry is shaped by a number of factors, including macroeconomic conditions, technological trends, and the investment/M&A climate. As incomes rise and the tourism sector is set to expand, the country’s F&B sector is set for further growth. Below, a few of the factors affecting the Kuwait restaurant industry: POPULATION AND GDP CONTINUE TO GROW Kuwait’s population continues…read more →Read more...

Saudi Arabia’s Fast Food Segment Continues to Grow

Eating out and shopping are the main entertainment activities in Saudi Arabia, making the region a hotbed of potential for restaurant operators and investors looking to get in to the F&B sector. High disposable incomes mean that consumers can trade up, eat out and order food more often; increased travel and the rising use of social media have exposed a…read more →Read more...

Who’s Who Among European Restaurant and Foodservice Companies

Hospitality is one of the largest industries in Europe. In fact, a recent study conducted by HOTREC (the trade association for hotels, restaurants and cafés in Europe) found that the industry can be a key driver for job creation in Europe, even in times of crisis. And the region’s certainly seen a lot of uncertainty lately, thanks to policy changes…read more →Read more...

What GCC Restaurant Operators Can Expect In 2017

Thanks to sagging oil prices, last year was challenging for the GCC region. Fortunately for operators in the region — who’ve had to deal with increased saturation brought on by competition, as well as poor sales due to, again, oil — 2017 is already showing a few glimmers of hope. Here’s what the region’s macroeconomic conditions could mean for the…read more →Read more...

What the Current Economic Climate Will Mean for UAE Restaurant Operators

The Gulf Cooperation Council is facing a set of challenges brought on by sagging oil prices, and the UAE is no exception. Fortunately, financial experts predict non-oil growth in the region will increase some 3% to 3.5% on the back of greater Expo 2020 projects. Below, we’ll take a look at the challenges facing UAE restaurant operators, plus some opportunities on…read more →Read more...

Why India’s Foodservice Industry Is One of the Fastest-Growing in the World

Amazon founder Jeff Bezos made headlines in June 2016, when he announced the e-commerce giant would invest $3 billion into India, citing the region’s “huge potential.” That this came on the heels of the company’s 2014, $2 billion infusion, was big news. While Apple’s Tim Cook once said India is where China was “maybe seven to ten years ago,” Bezos…read more →Read more...