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EN
Some 82% Of Irish Consumers Report Cutting Back On Restaurant Spending
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Hospitality Ireland
Nearly two thirds (63%) of consumers admit that they are dining in restaurants less often than they did 12 months ago, while more than four in five (82%) report cutting back on restaurant spending.
This is according to a new survey by Square, the payment-and-technology company, which shows that the rising cost of doing business, coupled with a consumer slowdown in spending, is putting Irish restaurateurs under pressure.
ADVERTISEMENTAccording to Square, restaurant owners are increasingly looking to technology as a solution to their financial challenges.
Nearly two thirds (62%) say that they are likely to implement AI into their business practices.
Tech Skills GapDespite this enthusiasm, the survey shows that a tech skills gap remains, with nearly a quarter (21%) saying that implementing new technology is one of their most challenging tasks.
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