While it has overcome numerous difficulties in the past decade, the restaurant industry requires careful navigation through unchartered territory in 2023, following a challenging end to 2022 due to inflation pressures and pandemic effects.
The restaurant industry will continue to face challenges this year including rising interest rates, the cost-of-living crisis, staffing shortages, country-specific industrial action, increasing energy costs, and global inflation. So, what can business leaders do to manage this?
A&M’s EMEA Travel, Hospitality & Leisure group have shared their insights on the upcoming challenges in 2023 and potential solutions in “The Restaurant Industry’s Balancing Act in 2023: Finding Growth in a Perfect Storm ”.
For a conversation about the challenges mentioned in this article and how A&M could help please contact James Halsall, Ed Bignold or Erin Brookes.
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