Restaurant Association newsletter THE Thymes July 2013

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PHOTOS: THE GEORGE HOTEL, CHRISTCHURCH

JULY/AUGUST 2013

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Report Underlines Hospitality's Contribution To NZ’s Economy Our third annual Hospitality Report, the definitive guide to the performance of New Zealand’s hospitality industry was released recently and highlights the significant role that hospitality plays in New Zealand’s economy.

think your café is the best? employment in focus

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Winter, when business is generally quieter, is a good time to examine your employment systems...and implement some new ones. We keep you up to date with the latest employment news...

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when is the best time to sell?

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All too often owners make an impulsive decision to sell their business. However, without the proper preparation the sales process and the outcome can be seriously hampered.

challenge yourself, get competing

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estaurant Association Chief Executive, Marisa Bidois, says that the past few years have been challenging for hospitality businesses however the industry is feeling more confident about business in 2013. “We saw strong growth in overall revenue in 2012 of 6.7 per cent and expect a more modest increase in 2013. Our industry continues to grow, and with recent reports of consumer confidence improving, that too will have a positive flow-on effect in the year to come, “ she says.

Highlights of the 2013 Hospitality Report, a joint project between the Restaurant Association and AUT University, include: SALE ST, AUCKLAND

are your employees entitled to work here?

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Nationwide sales for 2013 are projected to increase by 3 per cent to $7.19 billion (2012: $6.98 billion) Number of outlets in 2013 is projected to increase by 87 to 14,636 (2012: 14,549) Number of employees in 2013 is projected to increase by 1 per cent to 104,525 (2012: 103,490) By region, Auckland and Bay of Plenty were the best performing. Both experienced double digit sales growth up 11.9 per cent and 15.3 per cent respectively. Sales in the Manawatu-Wanganui, Canterbury and Otago regions all contracted by between 3.3 per cent and 4.1 per cent. “The hospitality sector is a barometer of the economy. It is the first to feel any economic downturn and one of the first to recover when the economy improves,” says Lindsay Neill, one of the report’s authors and Senior Lecturer at AUT University. C O NTI NU ED ON FO L LOW IN G P AGE


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