Growth
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WA drives national hospitality growth as sector records fourth financial year of gains
Australia’s hospitality industry is continuing its steady recovery with increased average transaction values for the fourth successive financial year.
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Delivery platforms boost restaurant revenue by $100k, Westpac data shows
Food delivery can boost restaurant revenue by $100,000 according to Westpac DataX.
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‘Recovery is not growth,’ says R&CA despite a yearly 2.5% turnover rise
While venues record a 2.5% increase in turnover, industry leaders caution that recovery is not growth.
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Grill’d burgers flip into retail with exclusive Coles launch
Healthy burger chain Grill’d launches a retail range of premium beef patties at Coles stores nationwide.
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‘Darwin Laksa Festival’ offers Territory restaurants month-long revenue opportunity
New Saturday finale location at Darwin Waterfront aims to boost the economic impact for participating venues.
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Local diners are fuelling a hotel restaurant revival across Australia
New data reveals 72% of diners would rebook hotels based solely on restaurant quality, with locals driving the revival.
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CVC Capital Partners acquires 45% stake in Australian Venue Co. as it looks to expand
CVC Capital Partners has acquired a 45% stake in Australian Venue Co (AVC), one of Australia’s largest hospitality operators.
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Community is the Secret Sauce: How hospo wins by building local
Hospo is inherently about community. For venues with aspirations to build one, there are steps you can take. Jean Magalhães from Square explains.
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Restructuring Hospitality Part 3: How operators can avoid voluntary administration
In this final article of the series, Masi Zaki from Bird & Bird will cover some of the challenges facing Australian businesses in…
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Restaurants lead surge in small business restructurings in fight to stay open
New figures show operators are increasingly turning to debt restructuring programs to survive financial distress.
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