Winning the Last Dollar: Why Hospitality Tech Must Pivot to Capture Today’s Frugal Consumer
💸 Amid tariff-driven inflation and rising living costs, one-third of Americans have under $100 in monthly expendable funds, with nearly one in five having less than $50. Attest's 2025 US Consumer Spending Trends Report shows 51.5% spend on dining out and 57% on takeout monthly. Only 27% spend over $100 at restaurants and 20% on takeouts. Over 38% feel financially insecure, 29% have disposable incomes below $100, and 42% carry no credit card debt. Tipping has inclined toward 20%, with 60% tipping bartenders, and 45% tipping $5 or more. Hospitality tech, such as AI, seamless payments, and personalization, is crucial for addressing sparse disposable funds.
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