Research
Restaurant openings slow in 2024
Restaurant openings slow in 2024
GYG lead all brands with the highest net store growth last year.
Hospitality spending weakest in January
This was reversed from a gain in December 2024.
Global fast food market to reach US$1.25t by 2033
Meanwhile, takeaways in Australia are also contributing to its growth.
Fast food spend to surge during Australian Open
Fast food spending reached a top of $92k in 2024.
Aussies plans cut backs on takeaway meals, drinks in 2025
Younger Australians seem to be cutting back more than their older counterparts.
Domino’s unveils first Australian ‘Pizza-bilities Report’
The Pepperoni pizza emerged as the nation’s most popular Domino’s order in 2024.
1 in 5 Aussies won't give up dining out or takeaways to save up
Gen Z was the most likely to prioritise dining out and takeaway.
Hungry Jack’s, Macca’s vying for Aussies’ morning dollars, analyst says
Restaurants with competitive prices and a drive-thru service will get an advantage.
McDonald’s market share dips 1.5% Fonto data reveals
44% said they are dissatisfied with the quality of the food and drinks.
What’s in store for Australia’s nearly $50b foodservice market?
Key market growth factors are changing consumer behaviour and demand for convenience.
How are QSRs driving traffic despite price hikes?
2 in 3 have reported an increase in traffic in 2024.
These are the top trends in hospitality this Q1 2025
Weekly sales have improved by 7%.
Fast casual restaurant market grows by US$302.5b in 2024 to 2028
It is estimated to increase at a CAGR of 15.2%.
Consumers shift from delivery to pick-up amidst search for value
Delivery traffic declined by 6% in 2024, whilst pickup saw a growth of 18%.
4 in 5 Australians support brands engaging in social good
A quarter of respondents also admitted boycotting a brand due to unethical actions.
3 in 4 Aussies cuts down food delivery amidst rising cost of living
68% are likely to order from food delivery services without delivery fees.
Families pull back from foodservice spend as economic pressures bite
Foodservice spending may have increased but only because of high prices.
Commentary
The ‘three order’ rule that could transform your retention strategy