CEE MARKETBEAT HOSPITALITY 2023 H2
The restaurants and cafes sector (Food & Beverage) in Romania has been constantly growing during the last few years as a result of a robust increase in wages and purchasing power and due to the larger number of foreigners that visit Romania for business or leisure. There is an increasingly fierce competition of concepts and operators seek to attract their customers through design and a memorable dining experience.
Cushman & Wakefield Echinox has analyzed the evolution and trends of the industry in the “Food and Beverage: Romania Market Report”, dividing the sector into six distinct segments: fast food, coffee shops, pastries, resto-clubs, fast casual and fine dining.
The report analyzes 73 operators with almost 700 units at a national level and a turnover of 650 million euros in 2018, representing almost 20% of the Romanian F&B market, according to data from the Ministry of Finance.