Fine Dining Restaurant in Malaysia 2017
Potential growth in the fine dining segment dependent heavily on the spending habits on the T20 households. Over the years, this income group have allocated more expenditure towards dining out increasing from 11% in 2009 to 13.2% in 2014, spending an average of RM 913 a month on restaurants on hotels.
Casual Dining Restaurant in Malaysia 2017
Over the years, revenue for full-service restaurants has been growing. During the period of 2008 – 2012 the full-service restaurant subsector recorded a CAGR of 3.3% recording a total revenue of RM 15.8 million in 2012. It is predicted that revenue will continue to grow from 2013 until 2017, reaching a total revenue of RM19.4 million in 2017
Food and Dining Market Malaysia 2015
Nowadays, dining out is becoming more popular among Malaysians especially for those who are staying in urban areas where the population are often busy and hectic with their daily activities. One of the main reason urbanites choose to dine out is for pleasure and be in the social attraction.