KPMG UAE F&B Report 2018: Dubai only behind Paris in number of restaurants

Dubai has more restaurants per million people than New York, London, and Singapore
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KPMG, Dubai, Restaurants

Dubai has more restaurants per million residents than New York, London, and Singapore according to the KPMG UAE F&B Report 2018.

Only Paris has a larger restaurant footprint than the UAE city, however when overnight visitors are factored in, London does move above Dubai.

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Dubai has 2,935 concepts per million residents, compared with 2,911 in New York and 3,656 in Paris. London has 2,772 and Singapore has 1,320.

The report indicated that the UAE’s F&B market will continue to grow despite “challenging” market conditions, with retail space increasing at an annual rate of 8.7% and F&B comprising a rising percentage of the retail mix.

There is a continued push towards value in consumer behaviour with KPMG saying that “noteworthy, premium outlets have witnessed a decline in diners and average ticket sizes”. This was attributed to a reduction in beverage spend.

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