Here’s your latest batch of Reads & Feeds to keep you informed and ahead in hospitality. From rising coffee and beer prices to visa changes and the hotel sector’s recovery, these key updates will help you navigate challenges and seize new opportunities in the industry.

Stay sharp, stay competitive, and read on!

1. Rising Coffee Bean Prices Might Impact Your Business

The global price of Arabica beans surged to US$3.47 (AU$5.60) per pound in December last year, its highest since 1977. Experts blame climate change, with droughts, rising temperatures, and unpredictable weather tightening global supply.

For café owners, higher bean costs could mean adjusting pricing, reworking blends, or absorbing expenses to stay competitive. Passing costs onto customers may impact sales, while supply chain disruptions could affect availability and quality. Strengthening supplier relationships and diversifying sourcing strategies will be crucial.

As sustainability becomes a priority, venues investing in ethically sourced, climate-resilient coffee may gain a long-term edge. With coffee a daily staple for Australians, staying ahead of these shifts will be key.

2. Good News for Hotel Owners: Australia’s Hotel Sector on Track for Full Recovery by 2025

Australia’s hotel market is steadily bouncing back, with a full recovery expected by the end of 2025. Strong demand fundamentals, rising international arrivals, and resilient domestic travel are driving growth, while strategic infrastructure investments further support the sector’s positive outlook.

With international tourism rebounding and major events boosting local travel, occupancy rates and revenue per available room (RevPAR) are on the rise. This recovery presents opportunities for hoteliers to refine their offerings, invest in guest experiences, and optimise pricing strategies to capitalise on growing demand.

While economic conditions and labour challenges remain, the overall trajectory is promising. Operators who stay agile and focus on service innovation, sustainability, and digital transformation will be well-positioned for long-term success. The Australian hotel sector is set to thrive again, making now a crucial time for owners to plan for future growth.

3. Beer Tax Is in Effect : Will It Hurt Your Venue?

From today, buying a beer at the pub just got more expensive as the federal government’s latest six-monthly tax hike on alcohol takes effect. The excise on beer and spirits increases twice a year, in February and August, in line with inflation. This time, the tax has risen by 2 to 3 per cent, adding further pressure on both venues and consumers.

For hospitality operators, this means higher costs that may need to be absorbed or passed on to customers. With rising living expenses already affecting discretionary spending, pubs and bars must carefully navigate pricing strategies to maintain customer loyalty. Some venues may explore promotions, alternative drink offerings, or loyalty programs to offset potential declines in beer sales.

While tax increases are nothing new, their cumulative impact can’t be ignored. As costs continue to rise, businesses will need to stay agile in adapting to shifting consumer behaviours.

Need help navigating these challenges? Contact us to learn how our solutions can support your venue. 🚀