Board - page 27

Restaurants
-14.9
4.6
4.9
8.0
4.7
-
-18.1
Restaurants
2005
2006 2007
2008 2009 2010
2011
4.1%
movement in
average prices
“2011
saw consumers reaffirm their
appetite for eating and drinking
away from home, despite the
consistent strain on the purse-
strings. The eating-out sector
responded with an array of
choice – all of which was good
news for the diner. However,
increasing competition, and price-
competition, led many operators
to struggle and others to forego
transactional activity in order to
wait for values, which dropped
during the year, to recover.”
Simon Chaplin
Director and Head of Restaurants
28
Business Outlook
2012
1...,17,18,19,20,21,22,23,24,25,26 28,29,30,31,32,33,34,35,36,37,...54
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