An overwhelming majority of festival-goers who have received refunds on their tickets for 2020 say they will rebook tickets for next year, new research commissioned by UK Festival Awards and Brothers Drinks reveals.
Not feeling safe is the main reason why consumers in the US say they are not yet ready to return to restaurants and bars, new research from Nielsen CGA reveals. Overall 30% of people questioned had been out to eat in the last two weeks with 12% going out just for a drink. Pre-COVID-19 just over 80% of US consumers would normally visit a restaurant or bar for a meal at least once every two weeks, revealing the challenge the market still has to reassure people to come back.
COVID-19 has been an extremely challenging time for our industry, with hospitality businesses and their staff impacted beyond what any of us could have imagined.
At their core, bars, restaurants, coffee shops and clubs (and many other on-premise businesses) are the result of organically grown passion projects. As a frequent visitor to many of them, and as someone who has developed a strong working relationship with many key brands and businesses in this industry, it’s hard to even contemplate that some of these establishments may never open their doors again. Read Amy Warren’s latest commentary.
Sales across restaurants and bars in the US grew by 25% week-on-week between May 9 and May 16 as a number of major states reopened for business. Latest data from Nielsen CGA* show that while national sales are still 54% down on pre-COVID levels, the opening up of the out of home market in states such as Texas, Florida and Georgia has provided a fillip for the industry. When lockdown first hit, overall sales fell by 80%.
As more US states prepare to lift lockdowns, American consumers are considering under what circumstances they will begin returning to bars and restaurants. The biggest concern is social distancing, according to research carried out by Nielsen CGA among 1,600 consumers from the states of New York, California, Illinois and Florida over the weekend of April 24-27.
The US restaurant industry has now lost two-thirds of its workforce, more than eight million employees, as a result of COVID-19 closures, according to latest data from the National Restaurant Association.It reported that more than 60% of restaurant owners believed that existing federal relief programs would not enable them to keep their teams on payroll during the downturn. It said that nationally restaurants had lost $30 billion in March, and were on track to lose $50 billion in April, and estimated that COVID-19-related loss would be more than $240 billion by the end of the year.
US restaurants that have managed to stay open during the COVID-19 crisis are seeing sales stabilise, if at a fraction of normal levels, thanks to developing their take-out and delivery capabilities.
As bars and restaurants across the United States close or significantly reduce their operations in the face of the COVID-19 pandemic, businesses have switched focus to take-out food and drink. Before the outbreak, take-out accounted for 11% of spend in US restaurants, but latest figures from Nielsen CGA’s RestaurantTrak dataset shows that for sites still operational, take-out sales grew 110% in the week ending March 28. Consumer research conducted by Nielsen CGA in the four major states, New York, California, Illinois and Florida, revealed that 66% of people say they have ordered a take-out or delivery in the past two weeks. Nonetheless, even for those restaurants and bars that have been able to stay open, overall sales still fell 77% in the same week.
New state-by-state analysis from Nielsen CGA has revealed the dramatic downturn in U.S. on-premise sales as the COVID-19 pandemic spreads.
Latest sales figures and consumer data from Chicago-based research consultancy Nielsen CGA reveal that US bars and restaurants saw point of sale (POS) transactions drop by a quarter, as the COVID-19 pandemic dramatically reduced on-premise engagement.
Hard seltzers generated $1.2 billion in sales in U.S. on-premise venues during 2019, with 462% dollar sales growth. According to findings from US-based Nielsen CGA, the number of consumers drinking hard seltzers at bars and restaurants increased by 73% between the spring and fall of 2019: That’s equivalent to around 7.5 million new drinkers.
Five Guys COO Sam Chamberlain shared some of the secrets when he met with UK and US members of the Atlantic Club, during last month’s club tour of Washington DC.
Peter Martin takes his Atlantic Club to Washington DC for the next leg of its international tour from October 22 to 24.
Atlantic Club is heading to Washington DC in October.
Beer still number one on drinks list in Great Britain and United States, but the challenge is engaging younger drinkers. With International Beer Day being celebrated August 2, CGA looks at the changing face of beer consumption both in GB and the U.S.
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