Israel: HRI Food Service Sector 2017
The Israeli Hotel Restaurant Institutional (HRI) sector is stable. Sales in hotels and resorts are growing, in spite of the dip in tourism starting in 2015. The restaurant sector is evolving. The number of full service restaurants is stable, though they are facing financial strains due to high fixed costs. Concurrently, the number of restaurants with low-fixed costs, like street vendors and kiosks, are growing. Institutional sales are strong and steady, as a few large firms vie for control of a limited market.
