Even in the world of online grocery platforms like Instacart and the focus on healthy eating, consumer demand for fast food remains strong.
The Baird/STR Hotel Stock Index fell 4.0% in June to a level of 4,863. Year to date through the first half of 2018, the stock index was down 0.5%.
The most recent Restaurant Performance Index shows job growth, increased capital spending and moderating expectations for business conditions.
U.S. airlines carried a new seasonally-adjusted high of 73.8 million systemwide (domestic and international) scheduled service passengers in April 2018, up 0.9 percent from March for the third consecutive monthly increase.