Business Dining Rises 7 Percent in 2015
Business spending in restaurants increased 7.1 percent in 2015, with a 4.5 percent growth in transactions and average check values up 3.75 percent over 2014. According to figures from Dinova LLC, the business dining network, business spend bolstered overall restaurant growth through the fourth quarter as well as for the year.
Industry-wide restaurant sales rose only 0.4 percent in the fourth quarter, according to TDn2K Black Box Intelligence. In comparison, fourth quarter business dining was up 7.4 percent over 2014.