Bouncing Back: Hospitality and Leisure in the UK, USA and Europe
The COVID-19 pandemic highlighted the vital importance of the hospitality and leisure industry to the global economy. When the pandemic rapidly spread across the globe, nations had to take drastic steps to protect their citizens. Lockdowns and travel restrictions ground the hospitality and leisure industries to a halt, leading to millions of job losses worldwide. […]
The Battle of the Food Delivery Services: Who Will Come Out On Top?
The vast majority of sectors globally have felt the coronavirus pandemic’s unprecedented sting, but some have been affected more than others. Three lockdowns over almost a year have caused irreversible damage to the hospitality sector in particular. The figures speak for themselves: 79% of foodservice business saw a decrease in turnover and experienced a net […]
Veganism, Pret A Manger, and The Darling of Private Equity
When Pret A Manger acquired EAT in May, it caused quite a sensation. This was no ordinary private equity investment. Pret announced that its plan is to convert as many of EAT’s shops as possible into “Veggie Prets”, citing the sharp rise in demand for vegetarian and vegan meal options as its reason.
The effects of climate change in retail and hospitality
It’s official: February 2019 was the hottest month on record in Britain, the Met Office has confirmed. With temperatures reaching 21.2°C, it was hard to believe that, a year earlier, the country was facing the “Beast from the East”, with heavy snow and sub-zero temperatures. To put in context, the average temperature in February is […]
PROnounce Media: Data reveals next trends for the travel industry
Media website PROnounce Media has published a press release about our latest article on Travel Industry Trends. “Sustainability, time alone and meaningful experiences are some of the main interests for travellers in the next years, according to research from digital analytics consultancy agency onefourzero. Fleur Hicks, Managing Director of onefourzero, comments: ‘It’s interesting to see that, […]
Travel Industry Trends
As we have recently discussed, the luxury travel market is booming – but the sun is also shining for other segments of the industry. So what’s next for the travel industry, and what should brands and investors pay attention to in the next 12 months and beyond? Here are the main travel industry trends for […]