AFR article from today - Tyro's biggest merchant base is hospitality:
Australians spent $1.2b dining out in past fortnight, according to NAB data (copyright link)
- Cashed-up Australians spent more than $1.2 billion at pubs, restaurants and cafes over the past fortnight.
- Spending on food and drinks was 40 per cent higher than in the first two weeks of October – before lockdowns eased in NSW and Victoria – according to spending data from NAB.
- Sydneysiders have been keeping hospitality workers busy since “Freedom Day” on October 11, when venues reopened to fully vaccinated patrons.
- Large groups are back, bar sales are up and diners are staying on until last call.
- Last weekend, the number of seated diners at Australian hospitality venues was 122 per cent higher than the same period in 2019, according to data from booking platform OpenTable.
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