The Australian hospitality industry is worth more than $51.2 Billion. This comprises of hotels and resorts, restaurants, cafes and coffee shops, pubs, bars and nightclubs. At a glance, this comprises of about 90,284 businesses who employ 889,440 employees.
Australia’s ‘foodie culture’ is expected to underpin revenue growth in the restaurants industry by 2022. Since Australia’s adoption of Uber Eats, time poor customers are spending more of their food budget on takeaway options with food orders forecast to rise from $1.5 billion in 2017 to $4.2 billion in 2025. While Australians’ preference for convenience is driving the trend, the Australian Hotels Association has warned high commissions online food delivery services can artificially inflate prices for customers and make the new technology potentially unviable.
Our expertise in the hospitality industry spans many years working across Australia’s top establishments such as Lucas Restaurants, Atlantic Group, Fratelli Paradiso, Jackalope Hotel, King & Godfree, Pidapipo and many more.
We’re passionate about the relationships we build with our clients and committed to their success as business partners for life. At Stannards, we believe that it’s the people and heart behind their businesses that are truly important. For more information on how Stannards has provided review worthy services to several well-established hospitality and food, check out some of our valued client stories below.