. EP Magazine .
Daily Insights Into The Industry
A new narrative has emerged - From a second rate profession to one which sits at the heart of communities
Hospitality has come a long way in terms of how it is viewed and perceived. There are still many who will argue that the industry is not strong enough in terms of perception or as a career path but this ignores both how far it has come and also the simple fact that it is a great career for those who like to serve others.
“It is not the most intellectual of the species which survives: it is not the strongest which survives but the species which is best able to adapt” (Charles Darwin)
There has been a noticeable uplift recently in those returning to workplaces all across the major cities. It does seem that as the economy became more vulnerable, the more began to return to workplaces.
The growing move in sustainability is led by younger generations.
One of the potentially controversial questions which has been quietly raised is whether, with a recession pending, will companies place their investment plans for sustainability on hold or will they at least be reduced?
The rise in ‘insperiences’ due to cost-of-living concerns
According to interesting insights from Makala Green, Financial Expert and Author at Barclaycard, "consumer card spending grew 1.8 per cent year-on-year in September – the smallest uplift since February 2021, and well below the 9.9 per cent rise in consumer price inflation – as Brits cut back on discretionary purchases in response to rising living costs.