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Endeavour hikes steak meal prices as pub crowds return

Simon Evans

Endeavour Group, which runs 344 hotels and clubs along with the Dan Murphy’s and BWS liquor chains, has raised prices on a large range of pub meals because of soaring red meat prices, but that has not curbed the growing enthusiasm of pub-goers.

The group’s hotels division made a solid rebound in the 13 weeks ended April 3, with revenue up 3.8 per cent to $405 million, with people returning to venues as COVID-19 restrictions eased. Chief executive Steve Donohue said the accommodation and gaming parts of the hotels were the strongest performers. “Food’s been a bit tougher, and drinks too,” he said.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/retail/endeavour-hikes-steak-meal-prices-as-pub-crowds-return-20220420-p5aews