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Ways restaurateurs managed the impact of rising costs on their restaurant's profitability in Australia in the 12 months to September 2023

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Sources

Release date

November 2023

Region

Australia

Survey time period

September 25, 2023 to September 29, 2023

Number of respondents

155 respondents

Special properties

respondents are senior business decision makers in restaurant services across Australia

Method of interview

Online survey

Citation formats

Ways restaurants managed rising costs Australia 2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Feb 22, 2024
According to a survey conducted among senior business decision makers in restaurant services across Australia in September 2023, the leading way restaurateurs managed the impacts of rising costs on their restaurant's profitability was by increasing menu prices, with around ** percent of respondents indicating doing so. Partnering with online food delivery services and changing their menu or substituting menu items were the next most prevalent methods restaurants used to manage increased costs.
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