"The bars and restaurants industry in Israel dropped 89%"

Posted on Mar 29, 2020 by Ifi Reporter

The bars and restaurants industry in Israel dropped 89% from mid-March due to the Corona eruption. This is the result of a study by the Trayz system, which analyzes artificial activity with artificial intelligence, and produces real-time data on consumption patterns and industry insights.
According to Hadar Lakrich, a data scientist in Trayz, with the onset of the outbreak in Israel and the discovery of the first Corona patient on February 27, the Israeli public has shown indifference. This is despite the fact that February ended with 5,630 Israelis already sent for isolation. Recreation and consumption habits even changed favorably in early March as a result of election sabbatical, followed by the weekend that marked the beginning of Purim celebrations. The public visited the bars and recorded a 10% increase in the number of visitors to the bars, who spent an average of 3.5 hours in the bar. In addition, people came out in large groups, 25% of the tables contained 5 visitors or more, even though discussions with the public had begun to increase awareness of the virus, the danger of gathering and the need to reduce social gatherings below 5,000 people.
Creech adds that mid-March saw sharp declines in the industry's performance, reaching an average of 48% per bar compared to the same period last year. On March 12, the congregation restriction was extended to a hundred people, and the Trayz system recognized that public consumption habits had also changed in those days. Many bars tried to maximize the situation and used more of a promotional strategy, with about 9% of sales following various promotions. Customers understood that this was the last exit before the government changed and stricter procedures and tried to adjust the recreation to the new situation. Bar time was shortened by 52% per hour and 36 minutes. The entertainment is done in small groups with an 11% reduction in the number of customers who join the same table. However, customers maximize the last opportunity to go out for drinks and average customer spending has increased by 10%.
As of the 13th, a few bars decided to shut down their operations voluntarily even though they could accommodate up to 100 customers and staff. As of Sunday, March 15, the system has detected that 80% of the bars have already discontinued operations, so guidelines for crowds of 10 people and below were received. We expect that if there is no positive change that will lead to the reopening of the trend, the trend will only get worse and we will begin to see closure of places, concludes Creech.
According to Moore Logsey, owner of Bir Garden in Tel Aviv and Kfar Saba: "We are used to seeing full occupancy every evening for many years and there is no doubt that the Ministry of Health's guidelines are hurting us and all Bir Gardeners suppliers and employees. It's stronger and more united. We hope to get back to normal as soon as possible. "
The Trayz system monitors and analyzes the consumption of all food and beverage products purchased at real-time selling points, using complex algorithms and enabling comparison of data to market data. In this way, the owners and bars of the restaurants get a broad and well-established picture of the business function on the basis of which personal recommendations are made for the efficiency of their operations. The system was developed by Weissberger, an Israeli Big Data company.


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