Page 38 - July 2020
P. 38

RLI LEISURE INSIGHT

                         Restaurant Insights


                         Post Lockdown



                         Matt Turner, Founder and CEO of tastecard and The Dining Club
                         Group, shares some positive insights on the potential recovery
                         of the hospitality sector post lockdown and how independent
                         restaurants have responded to change during the pandemic.




                                 here’s  no  denying  that  the  global  pandemic  has   support  in  a  number  of  ways,  including;  providing  research
                                 rocked the restaurant world. We are living through   insights to our partner restaurants, providing new search tools
                                 a  hospitality  revolution,  which  will  fundamentally   on our website to highlight those restaurants offering collection
                         Tchange the way consumers think and act, indefinitely.  and delivery and also those with exemplary FSA ratings. This has
                           The crisis has of course also forced huge changes to the   not only made it easier for members but also our restaurant
                         way we operate. Adapting will be integral to the running of   partners who are fighting the tide to survive during lockdown.
                         businesses, in order to comply with developing government   As  hospitality  shifts  back  from  delivery/collection  to  in-
                         guidelines  and  provide  a  safe,  operable  workspace.  In   restaurant dining, there will be significant impacts on trade
                         addition to this, brands will need to implement long-term   and  as  an  industry,  we  need  to  be  prepared. A  decrease
                         plans to safeguard and futureproof their business.  in  footfall  and  reduced  capacity  due  to  increased  hygiene
                           We’ve  already  seen  a  sizeable  proportion  of  our   measures, plus employers should also be wary of additional
                         restaurant partners do this by shifting their business models   aspects such as staff turnover.
                         towards delivery and collection. The speed at which many   On a positive note, the results from our survey provide a
                         reacted to the changes has been a key to their survival, and   healthy level of optimism to the hospitality sector. Although we
                         for some, the reason they’ve thrived. Due to the success of   will, naturally, see a shift in consumer behaviour post lockdown
                         new services, almost half of our independent partners will   which will present challenges, now is the time for creativity to
                         continue operating with these new models post lockdown.   be the driving force as restaurants adapt to fit the new market.
                         Many are also considering or investing in new technology to   Our research findings paint an encouraging picture, showing
                         streamline the offerings to ensure longevity, including third-  that  consumers  are  excited  to  visit  restaurants  again,  with
                         party delivery partners and online ordering systems.  almost  half  planning  to  return  to  their  usual  pre-lockdown
                           In the run-up to UK bars and restaurants re-opening on   habits. There’s a small contingent that have missed dining out so
                         4 July, there have been many conversations and predictions   much, they’re planning to do it even more, once they are able.
                         suggesting what these re-openings may look like. The truth is   Although the pandemic has caused an increased level of
                         until it happens, we cannot be sure how the ‘new’ hospitality   financial uncertainty, especially amongst those who have been
                         sector will look. However, to offer insight and gain a clearer   furloughed, it seems that dining out is something Brits are
                         understanding, we conducted a study with over 8,000 of our   unwilling to sacrifice. The pandemic has certainly highlighted
                         tastecard members. This has helped to identify the potential   that the nation misses dining out with the freedom to choose.
                         changes  in  consumer  dining  behaviour  and  also  what   This seems to resonate more with those who have been
                         consumers are expecting in terms of safety measures when   through additional stresses, such as job loss or being directly
                         the restaurant industry re-opens.            impacted  by  the  virus.  Mercifully,  the  dining  behaviour  of
                           As  business  leaders,  it’s  our  responsibility  to  support  our   more than half of Covid-19 survivors will increase or remain
                         customers, staff, partners and also each other. Throughout this   the same after lockdown, showing strong national resilience.
                         period, we’ve been using our networks & resources to offer   This excitement and desire for freedom has been felt by
                                                                      all age groups. Even the higher risk group of those over 70
                                                                      are desperate to finally venture out to a restaurant or bar, in
                                                                      fact, it’s more than half.
                                                                        Another trend we expect to see is the overall distance
                                                                      being  travelled  to  visit  restaurants.  Convenience  is  taking
                                                                      a  back  seat  as  we  expect  more  people  to  willingly  travel
                                                                      further  for  the  experience  of  dining  out,  post  lockdown,
                                                                      compared to before, with averages of around ten miles for
                                                                      urban areas and 19 for rural.
                                                                        Many of our restaurant partners have already done a brilliant
                                                                      job at pivoting their businesses to comply with the government
                                                                      recommended safety guidelines, whilst continuing to serve their
                                                                      customers. As we look ahead to a new phase within hospitality,
                                                                      we are working closely with our restaurant partners to help plan,
                                                                      innovate  and  address  any  potential  customer  concerns. With
                                                                      this in mind, we are working collaboratively with our partners to
                                                                      ensure they can open safely and welcome guests back, from 4 July,
                                                                      once the re-opening phase commences in the UK. As a whole,
                                                                      the industry has proven as resilient as the British public during the
                                                                      pandemic. I’m excited and optimistic about what the future holds.



        38 RETAIL & LEISURE INTERNATIONAL JULY 2020
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