A recent report that was conducted by market research group Mintel, suggests that a majority of young adults in the United States today prefer to stay in rather than put in the effort to go out and enjoy the night.

It's estimated that 3 in 10 adults, between the ages of 24-31, would rather have drinks at home than go out, because they say it takes too much effort.

Considering all that's involved in such an endeavor, there are a variety of drawbacks people find to going out for the night, such as waiting in line, getting dress up, the cost of gas, traffic, waiting on customer service, hoping the order turns out right, getting a taxi home if needed after drinking too much etc.

That's why many young adults today say that they would rather skip all of that, save themselves time and money, and just stay at home.

With the myriad of entertainment options available at their finger tips, there's plenty for them to do by opting to stay in rather than going out. There are also a growing number of delivery options available that will bring anything and everything, depending on where you live, from beer and pizza to cat food, cannabis, or Taco Bell.

Turns out that saving money is a big motivator...

For a majority of young adults today, it's suggested that money is driving their decision to stay home, with 69 percent of respondents from the report suggesting that this was a main reason for why they decided to stay in and drink at home rather than go out.

Should restaurants and bars be worried? The restaurant industry is a multi-billion dollar industry, and despite the preference that many have shown to stay home, it's been suggested that consumers will be spending more funds toward dining out in the future.

One previous survey from 2016 found that many young adults today are still spending a large portion of their income on eating out.

Opting For Convenience

However, there are still many challenges that restaurants face today, struggling to keep-up with the changing trends, new technology, and so on. For those who have invested in their own delivery services or partnered with services that provide this, they will still be an option for those who want to stay home and eat or drink rather than go out. And for those who haven't yet done so, they might want to reconsider.

Investment bank UBS previously made a forecast on delivery sales for online food, suggesting that by 2030 we might see this space grow more than 20 percent on an annual basis. They suspect that some day this preference for convenience and delivery, will eventually make the traditional kitchen a thing of the past.

Aside from delivery, other ways that restaurants and bars have been setting themselves apart is by offering some sort of special marketing event, that folks can take part in by dining at their establishment. Social media plays an important role in driving success in business today, especially for food venues. We've already seen places like Red Lobster, Olive Garden, and others, coming-up with ideas like their Endless Shrimp or Lobsterfest etc. It's been frequently suggested that more people today are looking to spend their money on experiences rather than things and so restaurants and other venues might do well to consider this and incorporate this into their marketing tactics.

Many people in the United States are still eating out on a regular basis and even spending more on eating out at restaurants, than they are on groceries. Their disdain for cooking has also been cited as a motivator for this dining-out trend.

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