Skip to main content

News & Insights

Business leaders networking at the Peach 20/20 Conference  

20 Jan 2022

Optimism grows – and on both sides of the Atlantic

Peter Martin
Consumer confidence about returning to bars and restaurants is growing, according to new CGA research – and both in the UK and US. Meanwhile, Britain has seen the first increase in the number of licensed premises in five years

A new Consumer Pulse survey of 2,000 consumers reveals that more than two thirds (70%) now feel confident about visiting pubs, bars and restaurants. It is double the number of 34% who felt confident at the start of 2021, and a sharp increase on the total of 52% from CGA’s research in July. For full story, go to: https://cgastrategy.com/consumer-confidence-raise-hopes-for-hospitality-recovery-2022/

Meanwhile, latest US consumer research highlights that consumer confidence continues to grow in the American On Premise, with 47% of users expected to visit restaurants and bars more often in 2022, according to a survey of consumers across Florida, Texas, California, Illinois and New York. See https://cgastrategy.com/47-of-us-on-premise-visitors-expect-to-visit-restaurants-and-bars-more-often-in-2022/

In another sign of optimism among operators in the UK, the latest Market Recovery Monitor from CGA and AlixPartners has recorded a 1.6% increase in site numbers between September and December 2021—the first quarter-on-quarter growth for more than five years.

For the full report, see: https://cgastrategy.com/fourth-quarter-openings-bring-positive-signs-for-hospitality-but-omicron-dents-recovery/

 

View all News & Insights
Loading
Testimonials

Testimonials

  • "Peach is my favourite industry event."
    Laura Harper-Hinton
    CEO & Founder | Caravan
  • "I come to Peach because the quality of the audience is great."
    Alasdair Murdoch
    CEO | Burger King UK
  • "I’ve never left a Peach event without five or six things I want to bring to our business."
    Tom James
    Managing Director | Bill's
  • "The most interesting information comes out of these type of events rather than inside the boardroom."
    Éadaoin McDonagh
    COO | White Rabbit Projects & MD | Lina Stores
  • "Being recognised by the industry at the Peach 20/20 Hero & Icon Awards is so special."
    Marta Pogroszewska
    NED | Bread Holdings
  • "Winning a Peach 20/20 Hero award means so much to us. We’ve been working towards this for eight and a half years."
    Tas Gaitanos
    Co-founder | Brother Marcus
  • "It’s great being part of the Atlantic Club, meeting some great colleagues from across the U.K. and the U.S., seeing new concepts and sharing ideas."
    Jon Knight
    MD Leisure & Concessions The Restaurant Group
  • “Peach 20/20 is a must-attend event in the hospitality calendar. Informative, thought-provoking and, most importantly, immense fun."
    Alex Reilley
    Co-founder and executive chair of Loungers
  • “Peach 20/20 is a genuinely enjoyable and thought provoking industry event. It’s one that those involved in hospitality really want to go to and treat seriously.”
    Karen Jones CBE
    Icon award winner and industry leader
  • "Peach 20/20 is a brilliant event, with an agenda that always hits the big topics with intelligence and insight - and with top class speakers."
    Nisha Katona MBE,
    founder and CEO of Mowgli Street Food