Thursday 28 May 2020

New Eat App data charts Covid-19 impact on Mena F&B sector

DUBAI, April 6, 2020

Eat App, the Middle East's largest restaurant reservation platform, has released new data that shows the huge decline in dine-in visits at restaurants across the region as a result of the Covid-19 crisis. 
The data tracks aggregated restaurant reservation and walk-in data through the top 1000+ fine dining restaurants in the Middle East.
Some of the key takeaways and findings from the data:
●  In March, restaurants across the region saw an overall 60 per cent decrease in customers in the weeks leading up to all restaurants shutting down.
● In Dubai, restaurants saw a 30 per cent decrease in business in the days following Dubai banning shisha being served at restaurants.
● In Dubai, restaurants saw an additional 20 per cent drop when all bars, lounges and clubs were ordered to shut down.
● Bahrain, UAE and Saudi Arabia all saw massive dips in restaurant performance in the days following the first case of the virus in their countries. The real effects of the virus did not become apparent on restaurant performance until decisions were made to protect the public (shutting down restaurants, curfews, etc).
Eat App's data clearly shows the magnitude of the problem the Middle East's fine dining and full service restaurants are now facing in light of the global pandemic.
Nezar Kadhem, CEO of Eat App, said: "Restaurants are the lifeblood of cities across the region and play a vital and massive role for tourism in the Middle East. Compared to other industries, businesses in F&B typically have the shortest remaining lifespan once revenue hits $0. And so we stand by all our restaurant partners during this difficult time and will do everything we can to help them make it through to the other side." - TradeArabia News Service


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