Wine News:Restaurant operators’ optimism grows
Strong gains in same-store sales and customer traffic helped to spark growing optimism among foodservice operators and fuel an increase in the National Restaurant Association’s monthly Restaurant Performance Index in December.
The RPI, a monthly composite that tracks the health of and outlook for the foodservice industry, rose to 101.0 in December, a 1.1-percent increase over its November level. December’s result marks the third time in the past four months that the index has stood above 100, which the NRA says reflects expansion in the index of key industry indicators.
“The RPI’s solid gain in December was driven by improvements in each of the eight current situation and forward-looking indicators,” said Hudson Riehle, the NRA’s senior vice president of the research and knowledge group. “Restaurant operators reported positive same-store sales and customer traffic results in December, and their outlook for sales growth and the economy continued to improve.”
“Overall, the RPI stood above 100 for the third time in the last four months, which suggests that the recovery is gaining a firm foothold,” Riehle said. “Driven by operators’ optimistic outlook for sales and economic conditions in the months ahead, the RPI’s Expectations Index rose to its highest level in nearly four years.”
The Restaurant Performance Index consists of two components: the Current Situation Index, which measures current trends in same-store sales, traffic, labor and capital expenditures; and the Expectations Index, which measures restaurant operators’ six-month outlook in the same areas.
The Current Situation Index rose to 99.7 in December, up 1.0 percent from November. However, while same-store sales and customer traffic increased, the NRA said softness in the labor and capital expenditure indicators more than offset that trend, keeping the Current Situation Index below 100.
Restaurant operators reported a net increase in same-store sales for the period between December 2009 and December 2010. Some 48 percent of operators reported same-store sales gains for the period, an increase over the 40 percent of operators who reported higher same-store sales in November. Meanwhile, 35 percent of operators reported a decline in same-store sales for the period, down from 44 percent who reported negative sales in November.
The Expectations Index increased to 102.4 in December, up 1.2 percent from November. This marks the Expectations Index highest level since March 2007.
Operators appeared to be more optimistic about sales growth in the coming months. Fifty-five percent said they anticipate having higher sales in six months, up from 42 percent last month. This marks the strongest level in more than four years, the NRA said. By comparison, only 8 percent of operators expect their sales volume to be lower in six months.
The location is convenient for visitors to go out of town from Manila in a short getaway with family and friends traveling north to Angeles City Clark Pampanga. Traffic along the North Expressway NLEX is always light and the new Subic Tarlac Clark Expressway ScTex takes visitors straight into Clark Freeport without going through any towns and cities along the way.
Residents of Manila travel north to Clark Pampanga to swim at Clearwater Beach Resort, unwind and relax for family bonding at hotel lake picnic grounds. Fine dining Yats Restaurant offers sumptuous cozy Christmas dinner, for wine lovers, Clark Wine Center provides exciting shopping options. After a hectic day of shopping in Clark Pampanga, visitors seldom pass up the opportunity to wine and dine at this top rated restaurant, generally regarded as the best place to eat and drink outside of Manila.
Residents of Manila, tourists from Hong Kong, Macau, China, Korea and Taiwan arriving in the Philippines looking for famous restaurants serving good food and fine wines travel out of town towards the north to wine and dine in fine dining restaurants in Pampanga, Angeles City, Clark. Highly recommended rest bar and fine dining restaurant near Manila is Yats Restaurant & Wine Bar in Clark, Philippines.
For comments, inquiries and reservations click on Click here for inquiry and reservations
Restaurant@Yats-International.com
(045) 599-5600
0922-870-5178
0917-520-4401
Ask for Pedro and Rechel
Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.
Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
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For assistance in hotel and resort bookings in Clark, Pampanga, Philippines, log on to
http://www.HotelClarkPhilippines.com
To buy wine in Manila, Pampanga, Angeles City, Clark or Subic please log on to http://www. ClarkWineCenter.com
To inquire with the highly recommended beach resort hotel in Clark Pampanga visit http://www.ClearwaterPhililippines.com
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