According to the Colorado Restaurant Association, more than 200+ new restaurants opened in Denver in 2015. The year before, over 300+ restaurants opened. With this overwhelming pace of restaurant openings, Denver's restaurant industry is experiencing an unprecedented growth. In fact, in 2015 Bloomberg Business News reported that for the first time ever, restaurant sales outpaced grocery store purchases.
One possible reason for this surge in restaurant sales is the growing number of millennials in the area who are marrying later, and thereby maintaining a bachelor lifestyle. Whereas married couples tend to eat out less, and those with children eat out even fewer times, these single millennials seem to favor more casual, affordable options, thereby shaping the types of restaurants currently opening in Denver. Read More