Americans Gravitating Toward Fine Dining, According to Yelp
- New restaurant listings are up 10% on reviews platform
- Interest in fine dining has surpassed pre-pandemic levels
New restaurants are opening up and — perhaps more surprisingly in the face of inflation and economic uncertainty — Americans are gravitating toward fine dining, according to Yelp Inc. data.
Listings for new restaurants were up 10% between April 2022 and March 2023 compared to the same period a year earlier, per a Yelp report released Wednesday. The data also revealed consumer interest — measured by viewing businesses’ Yelp pages or posting reviews — in higher-end dining surpassed pre-Covid levels, while the appetite for more affordable options waned.