Study finds most plan to spend the same or less this year at restaurants
The focus on frugality will continue to dampen dining-out trends in 2011 with many consumers still looking for value on restaurant menus, according to a survey by Mintel. In a survey of 2,000 consumers in October, research firm Mintel found 24 percent plan to spend less at restaurants in 2011 than they did in 2010, while 66 percent plan to spend the same. The survey also found 63 percent of respondents said it’s too expensive to eat out regularly. “Even with the economy on the ...
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Contact: Desiree Torres Desiree.Torres@penton.com