South Korea: Food Service - Hotel Restaurant Institutional

  |   Attaché Report (GAIN)   |   KS2021-0021

The long-term outlook for South Korea’s Hotel, Restaurant and Institutional (HRI) sector is positive, with strong growth up until the COVID-19 pandemic. As in other countries, the pandemic hit Korea’s HRI sector especially hard. Spending on dining out and lodging in Q1 2021 was 4.5 percent lower than the year before. Employment in the HRI sector has also dropped sharply.

Related Reports

Attaché Report (GAIN)

Egypt: Grain and Feed Update

FAS Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2021/22 (July – June) at 12.4 MMT, up from the previous marketing year estimate due to higher consumption driven by population growth.
Attaché Report (GAIN)

Japan: Dairy and Products Annual

Fluid milk production should increase about one percent in 2022 as a greater number of heifers enter milk production.
Attaché Report (GAIN)

Morocco: Food Service - Hotel Restaurant Institutional

Morocco’s hotel, restaurant and institutional industry (HRI) experienced an unprecedented shutdown due to state of health emergency measures related to COVID-19.