Welcome to the August edition of Bord Bia's Ireland Market Foodservice Newsletter.
Indoor hospitality for restaurants, pubs and coffee shops finally returned on Monday, 26th July, in the first instance for those that have been fully vaccinated or who have recovered from Covid in the past 6 months. At the same time, the vaccination programme continues at pace with 72.5% of the adult population fully vaccinated as at end July and vaccines for 12- 15 r olds set to open within the next two weeks.
On 29th & 30th September, Bord Bia is hosting a virtual sourcing fair, featuring over 60 Irish food and drink suppliers across the Prepared Consumer Foods sector. Individual buyer invites have gone out this week – for any buyers that did not receive an invitation and are interested in finding out more, please contact me directly by email.
General Industry News
Customers enjoy welcome return to indoor hospitality
RTE – 26.07.21
Monday, 26 July saw the resumption of indoor hospitality for the first time since last December. Some of the so-called wet pubs, which do not serve food, also opened their doors for the first time in nearly 500 days. Restaurant representatives said around 25% of their members will not be reopening for a number of reasons, such as lack of staff. People who are fully vaccinated or who have recovered from Covid-19 in the past six months can avail of indoor hospitality, along with accompanied minors. Contact tracing is now only required for the lead person at a table and for solo customers under new updated guidelines, which were agreed the night before reopening.
Construction activity increases in Ireland for the second month in a row
Business Post – 13.07.2021
The Ulster Bank Construction Purchasing Managers' Index remained well above the 50 no-change mark in June, posting 65 following a reading of 66.4 in May. Index readings above 50 signal an increase in activity on the previous month and readings below 50 signal a decrease. "Building on the post-lockdown bounce recorded in May, the June results of the Ulster Bank Construction PMI signal that Irish construction activity experienced another month of very rapid growth last month," Simon Barry, Chief Economist at Ulster Bank said.
Quick Service Restaurant (QSR) & Pub Sector
Battle for Ireland’s best burger begins in support of foodservice sector
Shelf Life – 20.07.2021
In support of the foodservice sector, Kepak’s fourth annual National Burger Day (taking place on 12th August) is encouraging customers to get out and have their say by voting for their favourite burger, while also showing some much-needed support for local food outlets and operators as they emerge from recent pandemic related closures. For every burger purchased and a photo shared online with the hashtag #nationalburgerday, a meal will be donated to Simon Communities across the country, with over 14,000 meals donated in 2020 as part of the campaign. Customers across the country can cast their vote online through the dedicated website – www.nationalburgerday.ie.
Hospitality spending soars as industry partially reopens - AIB
www.rte.ie – 13.07.2021
New figures from AIB show that after months of being closed due to Covid-19 restrictions, consumers spent over €90,000 an hour at pubs in June. AIB's Spend Trend survey shows that consumer spending in hotels, restaurants and pubs increased in June as the sector partially reopened after months of being closed. Spending in hotels was up 225%, restaurant spend was up 22%, while pub and off licence spend was up 304% as Covid-19 curbs were partially lifted last month.
Hotel & Restaurant Sector
Co. Cork's Castlemartyr Resort Purchased by Owners of Co. Kerry's Sheen Falls Lodge and Dublin's Trinity Townhouse Hotel
Hospitality Ireland - 28.07.2021
Co. Cork's Castlemartyr Resort has been purchased by the owners of Co. Kerry's Sheen Falls Lodge and Dublin's Trinity Townhouse Hotel, Singapore-based Doctor Stanley Quek and Peng Loh. Castlemartyr Resort'’s hotel opened in 2007 as a Capella-branded 109-bedroom property, and the resort employs 250 full and part-time staff in high season. A major investment programme is planned to refurbish the resort's common areas, bedrooms and grounds, starting with the manor house to add contemporary comforts to its interiors.
Wedding numbers rise to 100 after 5 August
RTE – 27.07.21
The number of people permitted to attend weddings will rise to 100 after 5th August, according to Minister for Foreign Affairs Simon Coveney. Minister Coveney said the decision was made at Cabinet "in principle" and that Minister for Health Stephen Donnelly will now look at the detail. Minister Coveney said the Government had made "an exception" for weddings, but that Government's message remains one of "caution". However, he said, "There is cause for optimism" given that the number of cases related to the Delta variant is dropping in other countries such as Scotland, England and the Netherlands.
Casual Dining & Contract Catering Sector
Deliveroo reported a 99 per cent increase in gross transaction value
The Irish Times – 09.07.2021
Deliveroo has revealed bumper sales in the past three months, which are set to be higher than first thought. The company said the gross transaction value – the amount spent by customers – hit £3.4 billion (€3.95 billion) in the first six months of the year, up 99 per cent on the same period a year ago. Deliveroo sales in the UK and Ireland were particularly strong – up 87 per cent in the three months to June, hitting £921 million (€1.07 billion). The company said it has “seen continued strong growth and consumer engagement”, leading to an increase in guidance for the full year with about 15 per cent growth in the second half.
Irish food software company Nutritics buys UK-based Ten Kites
Independent.ie – 07.07.2021
Irish founded food and health software company Nutritics has bought Ten Kites, a UK-based menu-publishing platform. The Ten Kites software enables food businesses to publish personalised digital menus across web pages, mobile apps and digital displays. The acquisition will enable Nutritics to include the Ten Kites solution as part of its overall offering to its customers. Stephen Nolan, MD of Nutritics, said: “This acquisition strengthens the Nutritics offering by enabling us to combine our food and health software solutions with the Ten Kites platform used by restaurants, pub groups and bars, ensuring that the menu information being provided to customers is accurate and detailed to allow them to make the choices they want to.”