Survey has some bad news for restaurant industry

A website devoted to news in the restaurant industry summarized findings from a consultant in the restaurant business about latest dining trends. The firm polled 1,000 people about their dining preferences. About half of the respondents said they plan to go out to eat as often this year as they did last year. However, they also said they plan to reduce using fast food and casual restaurants by 8 to 13 per cent. The reports notes this does not bode well with the industry.

Key Takeaways:

• Dining perceptions are changing in the US as more people are thinking conservatively about eating out.
• Rising food costs have contributed to the rising cost of eating out, and it has caught up to the consumer who now seems more worried about cost.
• The biggest reason that most survey respondents cited was that they are focusing on “saving money” and trying not to eat out as much.

“That is the result of a survey of 1,000 U.S. consumers by the New York-based consulting firm AlixPartners.”

Read more: http://www.nrn.com/consumer-trends/survey-has-some-bad-news-restaurant-industry