Revenue of restaurant establishments in January-June 2024 showed an increase of 16%, and the average check increased by 13% compared to the same period in 2023 – up to UAH 148, said Rodion Yeroshek, EO of Poster POS.
“Revenue and the average check of establishments are growing due to price increases, but attendance has slowed down in recent months,” he wrote in a telegram.
Yeroshek noted that restaurateurs are forced to raise prices due to rising costs for utilities, staff salaries, and electricity generation. Most entrepreneurs have purchased or rented generators, and some are considering installing solar panels. In addition, there are those who are considering purchasing semi-finished products, which significantly reduces the cooking time in the establishment.
According to him, in February-April, attendance at food outlets was growing, but in May-June it dropped. Possible reasons include economic uncertainty and increased mobilization. However, the overall figure for the half-year was positive: +2% for the first half of 2024.
“The difficult circumstances in which institutions are forced to operate now do not stop the market. In the first half of 2024, 7617 individual entrepreneurs and LLCs have already registered under the restaurant KVED, which is 3% more than in the same period last year,” stated the CEO of Poster POS.
Poster POS is a Ukrainian restaurant automation company that develops accounting software for the HoReCa system and is installed on tablets. More than 50 thousand establishments use the developer’s services.
The research conducted by the company is based on non-personalized aggregated statistics of Poster sales data. The sample of respondents includes 8,500 catering establishments of all types from all regions of Ukraine.
