Changing times: How spending trends are reshaping citiesSeptember 13, 2023
Increased hybrid working means New Yorkers are choosing restaurants closer to home, and that’s driving a jump in spending in areas such as the Bronx and Queens. In central Sydney, Thursday now tops Friday as the night to go out while Melbourne’s suburban restaurants are seeing a lunchtime boom. Restaurants in London’s business areas are still feeling the impact of fewer office workers, but tourists are providing a boost and the West End retains its crown as the most popular place for a night out.
Tapping into these data-driven insights from the Mastercard Economic Institute can help restaurants cash-in on emerging trends and cities begin to adapt transport and infrastructure to suit changing times.