Australia: Food Service - Hotel Restaurant Institutional
Link to report:
The Australian consumer foodservice industry is valued at A$60 (US$44) billion. Australia’s commercial foodservice sector is a competitive market and with an ageing population, the institutional foodservice sector (aged care, hospitals, etc.) continues to grow. Most industry operators in the hotel and resort sector derive a significant portion of revenue from the sale of meals and beverages prepared at onsite restaurants. COVID-19 related government restrictions have had a large impact on the HRI sector over the last two years. Information on the effects of these restrictions is included throughout the report. As a greater proportion of the Australian population is vaccinated, government restrictions are expected to ease by the end of 2021.