Credit crunch bites into UK eating-out market
Nearly two thirds of families in the UK are eating out less now than they were a year ago as a result of the economic downturn, research has revealed.
A survey of 500 families, by media agency MPG, found that 64% are dining out less frequently, while 46% have cut back on the amount they tip when eating out.
MPG's research also found that more than two-thirds (67%) of families are now spending more nights at home, with 63% saying they favour a night at home to spending on leisure activity, such as eating out or the cinema.
She added: "Interestingly, many felt that the changes they have made to their lifestyles would probably not change back when the crunch is over."
The research flies in the face of a recent survey of 5,300 diners by London restaurant guide Zagat, which revealed that only 5% are spending less on eating out than they did last year.
Check out our dedicated page on the credit crunch >>
Gordon Ramsay beats Marcus Wareing to top spot in Zagat London restaurant guide >>
Credit crunch hard on independent restaurants in major cities >>
Consumers to cut back on eating out during credit crunch >>
Credit crunch is stifling innovation in hospitality >>
By Kerstin KÁ¼hn
E-mail your comments to Kerstin KÁ¼hn here.
|
|