Woman in a sari dances on the beach. Photo by Shlag on Unsplash

New screen formats and good films behind thriving Indian cinema revenues

Consumer expenditure in the leisure sector in China has seen close to 10% y-o-y growth since 2011, more than twice the growth rates seen in other major markets, according to a 2017 report by OC&C Strategy Consultants. Cinema theatre chains are adding more seats each year and they’re not regretting it. Viewers seem more than happy to catch a film in these tough times, savouring what they feel is affordable entertainment. Not surprising then that Bollywood’s revenues are understood to have nudged closer to Rs 4,000 crore in 2019 with just…

Read More
Photo by Louis Hansel on Unsplash

UK catering industry report finds sustainability key to future prosperity

Some 83% of consumers expect hospitality brands to engage on some aspects of sustainability. Consumers are demanding  more engagement on sustainability from hospitality operators, according to CGA and UKHospitality’s latest Future Shock report. The new report includes data from a major survey of environmental and ethical issues across restaurants, pubs, bars and hotels. It found that 83.1% of people now expect hospitality brands to “engage on at least some aspects of sustainability”. The leading consumer concern was the  ethical sourcing of food and drink, with 64.6% of respondents now expecting to see this…

Read More
Capetown, South Africa

Africa Investment Conference promises attendance by top investors

Join Africa’s top investors and most dynamic CEOs at AFSIC – Investing in Africa. AFSIC is the largest annual Africa investment conference taking place outside Africa. Now in its 8th year, the event takes place 5th to 7th May 2020 in London, focused on highlighting Africa’s best investment opportunities and offers African business leaders the opportunity to hold highly focused investment meetings with the most important Africa investors. Now in its 8th year, AFSIC takes place 5th to 7th May, at Park Plaza Westminster Bridge, London https://www.afsic.net/ Africa: the next big…

Read More