Your favourite restaurant just closed — This is what comes next
Update: 2025-09-05
Description
Interest rates and inflation may be easing, but the hospitality industry is still doing it tough. Profit margins are slim and hospitality businesses face a higher rate of failure than any other sector. And yet, household spending at cafes and restaurants is generally up — so what is happening? We ask an industry stalwart and meet newcomers trying innovative business models.
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