Connect with us

Hi, what are you looking for?

Jewish Business News

Health

New Yorkers Eating Out Less Often, but Spending More

NY dining

New Yorkers may be dining out less often in the week and brown-bagging lunches to work, but when they do go out, they tend to spend more money, particularly at the bar, as reported by TheStreet.com. This is good news for bar restaurants, such as the family-owned Park Plaza in Brooklyn Heights, which combines a diner, restaurant and a bar, since alcoholic drinks carry higher margins and increase profits.

While consumers remain somewhat cautious in the aftermath of the recession, they are inclined to splurge now and again and cap off the week with an upscale meal or a few drinks. October showed larger tabs at New York restaurants, which may also indicate that New Yorkers are dining out in larger groups.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.