Q3 | 2022 State of Business Dining

Our State of Business Dining Report, created in partnership with Technomic Inc, provides restaurants and corporate travel managers a semiannual review of business dining benchmarks and data. What you’ll learn in our most recent report:

• Comparisons between business and consumer dining spend
• Benchmark spend data by market, industry, and restaurant type
• Deep dive into the top trends impacting the current business dining market, including inflation and remote work
• Recommendations for how restaurants can best leverage trends to reach business diners

Top Trend: Hybrid Work Prevails

Remote and hybrid work is commonplace and business dining spend is becoming geographically distributed as a result. When offices are only half full, this has major impacts for the core business dining use cases of catering and private dining.

• 44% consumers who continue to work from home
• 44.7% average U.S. office occupancy rate
• 72% meetings market recovery predicted by the end of 2022
• 9 in 10 leaders say more people show up when there’s free food

Methodology

In order to offer statistically significant sales insights for the State of Business Dining, we analyzed the following data:  

• Companies that participated in the Dinova program from 2019-2022.
• Sales data from the top 1,500 US restaurant brands. Top restaurant brands may change for individual reports, but indexes are updated so that all historical data represents current list of top 1,500 brands. 
• More than 5 years of pre-pandemic business dining sales data to inform annual patterns. 

About Dinova

Dinova makes business meals count. We operate a business dining program that includes a network of 21,000+ restaurants and more than 500 corporations, government agencies, and small to medium sized businesses in the US and Canada.

We are the only total business dining solution that delivers spend visibility, savings and an employee rewards program for companies while also providing a B2B strategy that drives growth for restaurants.

Complete our contact form to learn more about joining our business dining program.

About Technomic

Technomic Inc., a Winsight company, was founded as a management consulting firm in 1966. Since then, Technomic’s services have grown to encompass cloud-based B2B research tools, consumer and menu trend tracking and other leading strategic research and analytic capabilities, to prioritize and size business opportunities. Our clients include food manufacturers and distributors, restaurants, retailers and multiple other business verticals aligned with the food industry that are looking to make informed decisions to support their business growth. Visit Technomic at www.technomic.com.