The Secret Restaurateur: ‘The unpleasant, yet unavoidable, fact is that substantial price rises are coming for diners’

This month, our industry insider explains why steaks for €30 and bottles of wine for under €40 are likely to become things of the past

As costs rise, diners will face higher prices for meals and wines

The hospitality sector has endured a perfect storm for the last two years and it looks like that storm is set to continue, with restaurants now facing rising costs across the board.

The price of produce, utilities, services and wages have all been steadily rising over the last year. The war in Ukraine guarantees that inflation forecasts will be significantly surpassed.

How can the sector cope with cost increases at a level not seen since ...