Growth
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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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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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KFC Australia sees record $1.15bn revenue despite consumer headwinds
KFC Australia has delivered a standout performance in a challenging market, achieving record revenue.
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Foodservice holding ground in tough environment, says R&CA
New data shows the sector’s ongoing adaptability and the strong relationship Australians maintain with local food businesses.
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