Business news from Ukraine

Business news from Ukraine

Ukrainian public catering establishments in December 2022 recorded an increase in average check by one third

29 December , 2022  

Ukrainian public catering establishments in December 2022 recorded an increase in the average check by an average of one third compared to last year, follows from research of the Poster company.
According to it, the growth of the average check is observed in all types of businesses. Thus, the greatest increase was observed in fast food establishments – by 49%, up to 158 UAH and in bakeries – by 45%, up to 66 UAH. The average bill grew also in bars – by 27%, to 416 UAH, in coffee houses – by 25%, to 75 UAH, in restaurants – by 22%, to 550 UAH, in hookah houses – by 21%, to 432 UAH, in cafes – by 19%, to 226 UAH.
The greatest growth of proceeds in the pre-holiday period of December 19-25 was shown by fast-food and coffee houses – by 58% and 48% respectively. Bakeries increased the revenues by 15%, cafes – by 10%, bars – by 5%, and restaurants – by 2%. At the same time, hookah houses decreased their revenues by 2% compared to last year, the Poster noted.
According to his data, fast food establishments, bakeries and coffee shops returned to the pre-war levels of revenue in late May, while restaurants, bars and hookah houses were able to reach February values only by November.
That said, the revenue growth is mostly due to inflation, Poster respondents said.
“From February to May, we were down 50%. In May, when there was a big influx of movers, we exceeded the numbers by 20%. Then we got back up to last year’s numbers. However, revenue increased because of inflation, so we stopped paying attention to that. We focus only on the number of guests per month and the average bill “- a study cited in the comments of co-owners of the” Marevo “and Late Breakfast Wine & Pizza Club Artem Yatsenko and Vasily Budurovich.
At the same time, after the first massive strikes of the Russian Federation on the Ukrainian critical infrastructure in October, the revenue figures of the capital’s establishments dropped significantly.
“Since most restaurants of the chain are located in shopping malls, there is no possibility to connect generators to continue working, and accordingly sales occur only during hours with light, but even during these hours demand fell,” the Poster quotes CEO of 1708 pizza di Napoli Vladimir Gnatiuk.
Poster research is based on the sales of 7 thousand catering establishments in Ukraine.