Americas
Global coffee shop market set to hit $290.23bn by 2032
The global coffee shop market was valued at $228.12bn in 2025 and is projected to reach $290.23bn by 2032, rising at an annual rate of 3.5%, according to a report by Maximize Market Research. Chains like Starbucks, Dunkin’, Costa Coffee, Tim Hortons and McCafé continue to lead the market, with growth being driven by increasing coffee consumption, urbanization and shifting consumer preferences for specialty and premium café experiences. North America remains the largest regional market, with US coffee shops valued at around $36bn across 37,189 locations. The US is also the largest coffee importer globally, with Starbucks generating $19.16bn in revenue despite pandemic-related setbacks.
Chipotle exceeds quarterly earnings, but reports falling traffic following a challenging 2025
Chipotle Mexican Grill Inc reported quarterly earnings and revenue that exceeded Wall Street expectations, but restaurant traffic continues to decline. Revenue came in at $2.98bn, compared with expectations of $2.96bn, while comparable restaurant sales fell 2.5% in the quarter, marking the fourth consecutive period of declining traffic. The company said it expects flat comparable restaurant sales growth in 2026, suggesting recent traffic challenges may continue. Chipotle CEO Scott Boatwright said the company delivered record restaurant openings and revenue growth in 2025 despite a “dynamic consumer backdrop.” “This momentum will fuel our next phase of growth, driven by our ‘Recipe for Growth’ strategy, which leans into what uniquely differentiates our brand to accelerate transactions and expand our footprint globally.”
Europe, Middle East and Africa
Compass Group UK & Ireland lands seven-year food and beverage contract award with Heathrow Airport
Compass Group UK & Ireland has been awarded a seven-year contract with Heathrow airport, Europe’s largest and busiest airport, which will see the launch of Social, its new workplace business brand. The venue will provide food and beverage services for more than 80,000 Team Heathrow colleagues and deliver colleague catering throughout the third runway expansion project, including services for construction teams. This project will see a multi-million-pound refurbishment of facilities, including the eleven restaurants at the airports, beginning in April. Upgrades include new technology for smart vending and kiosks to enhance customer experience. “We’re delighted to have secured a partnership with Heathrow and to launch Social at Heathrow,” says Robin Mills, CEO of Compass UK & Ireland. “This fantastic new offer will see us invest in a restaurant transformation programme and introduce a new food offer. Our teams will continue to put the customer experience at the heart of all they do.”
Hilton Continues expansion in Turkey with new signings across four brands
Hilton has announced its expanded growth in Turkey with the signings of five properties across four of its lifestyle brands, which now represent almost 20% of Hilton’s Turkish pipeline. Building on the company’s 70-year presence in the country, these signings include Antalya’s first Hilton Hotels & Resorts property and further expansion for the DoubleTree by Hilton and Hilton Garden Inn brands, with two additional Tapestry Collection by Hilton properties slated for Istanbul. Mike Collini, vice president, development, Central and Eastern Europe, Hilton, said that the country remains a key strategic market for Hilton, with significant potential for ongoing expansion. “The successful 2025 debuts of both Tapestry Collection and Canopy have reinforced the strong momentum of our lifestyle brands, reflecting travelers’ growing appetite for distinctive, locally inspired experiences.”
Asia Pacific
Too Good To Go launches in Japan with a strong appetite
The anti-waste company, founded in Denmark in 2016, continues to expand internationally, having entered Japan as its 21st location following a successful year in Australia. Just days after launching in Tokyo, Too Good To Go became the number one app in the Japanese App Store. “This is our first market in Asia, in a country where our ambitions in terms of reducing food waste and respect for food fully echo our mission,” explains Lucie Basch, co-founder of Too Good To Go.
The World’s 50 Best Restaurants heads to Abu Dhabi for 2026
The 50 Best organising team has announced that The World’s 50 Best Restaurants 2026 awards will be hosted in Abu Dhabi in November 2026. “We are thrilled to announce Abu Dhabi as the location for The World’s 50 Best Restaurants 2026 awards ceremony this November, in collaboration with our host destination partner, Department of Culture & Tourism – Abu Dhabi,” said Craig Hawtin-Butcher, managing director, 50 Best. “The city’s rich history has shaped a dynamic dining scene that celebrates both time-honored traditions and world-class international cuisine. We cannot wait to gather the international culinary community in Abu Dhabi, a city that both embraces and values its food culture.”
Lauren Hurrell
