Dining out: Are seniors today different from seniors a decade ago?

Mahadevan, R and Risse, L 2019, 'Dining out: Are seniors today different from seniors a decade ago?', International Journal of Hospitality Management, vol. 83, pp. 128-131.


Document type: Journal Article
Collection: Journal Articles

Title Dining out: Are seniors today different from seniors a decade ago?
Author(s) Mahadevan, R
Risse, L
Year 2019
Journal name International Journal of Hospitality Management
Volume number 83
Start page 128
End page 131
Total pages 4
Publisher Elsevier
Abstract This is the first intertemporal analysis of seniors'income elasticity of expenditure on food-away-from-home(FAFH) across age cohorts. While the expenditure behaviour of Australian seniors today is not too different from those a decade ago, today's seniors are more homogenous in terms of the sensitivity of their FAFH spending to a change in income. The finding that seniors do not treat FAFH as a luxury good can serve as a buffer against potential declines in demand for food services in times of economic crisis and uncertainty, especially as seniors'share of the overall population continues to grow in future years.
Subject Tourism Economics
Keyword(s) Seniors
Food-away-from-home
Income elasticity
Life cycle
DOI - identifier 10.1016/j.ijhm.2019.03.020
Copyright notice © 2019 Elsevier
ISSN 0278-4319
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