Millennials are spending less money on alcohol than previous generations.

Millennials are spending less money on alcohol than previous generations. Now, brands are marketing their booze as ‘wellness’ drinks in a desperate bid to capture the market Source: https://www.businessinsider.com/ Katie Warren  June 4, 2019 Millennials spend less money on alcohol than previous generations, according to a Nerdwallet analysis of a 2017 Bureau of Labor Statistics’ Consumer […]

Why Alcohol Companies Are Betting on Non-Alcoholic ‘Booze’

Why Alcohol Companies Are Betting on Non-Alcoholic ‘Booze’ Source: https://time.com/ BY JAMIE DUCHARME  JUNE 3, 2019 It’s a Wednesday evening in Brooklyn, NY, and bars are dead. Tea-candle-dotted tables sit empty, waiting for a happy hour rush that isn’t. But tucked away on a side street, hours before its midnight closing time, a bar called Getaway […]

How the Hotel Minibar Got Its Booze Back

How the Hotel Minibar Got Its Booze Back Source: https://vinepair.com/ EMILY SALADINO May 31st “I’ve developed a love-hate relationship with the minibar based on how expensive yet convenient it can be,” says Dave Heinzinger, vice president of NYC’s Haymaker Group. He’s not alone. According to data collected by PKF Hospitality Research, in-room spending on food and […]