Hospitality loses £30bn of sales in the second quarter of 2020
The UK’s hospitality sector saw sales plummet 87% in the second quarter of 2020, the latest UKHospitality Tracker collated by CGA reveals—equivalent to nearly £30bn in lost revenue.
The UK’s hospitality sector saw sales plummet 87% in the second quarter of 2020, the latest UKHospitality Tracker collated by CGA reveals—equivalent to nearly £30bn in lost revenue.
Trade body UKHospitality, CGA and review platform provider Yumpingo launch a new campaign to help the sector boost customer confidence and drive footfall
Half of the on-trade is now open and trading, with pubs so far faring better than restaurants across reopening, footfall and sales metrics.
As the out-of-home eating and drinking market reboots, how can operators and suppliers encourage people to come back?
Coffer Peach Business Tracker, trading figures for pub, bar and restaurant groups for week commencing July 13, 2020.
Wagamama, Pizza Hut, The Botanist, Paul UK and Cote round out this week’s list of reopenings.
The out-of-home food and drink insight specialist is already established in the US market, working with leading beverage suppliers through its Chicago-based CGA Nielsen operation.
New report from the sector’s leading research consultancy and trade body reveals the scale of COVID-19’s impact and what hospitality can do to reclaim sales.
Just over a third of English consumers returned to restaurants, pubs and bars in the first ten days of reopening
Pubs and bars in England continued a phased reopening during the first two weeks after lockdown was lifted on July 4. By this Thursday (July 16), 58% had opened their doors, up from 45% that traded on the first weekend.
Footfall in town and city centres has started to edge up following the reopening of the hospitality sector, with pubs faring better than restaurants as people venture out to eat and drink.
Consumers are putting much more planning into their eating and drinking out since lockdown eased, CGA’s new Consumer Pulse survey shows—but the fresh emphasis on reservations is hitting restaurants with a wave of no-shows.
Coffer Peach Business Tracker, trading figures for pub, bar and restaurant groups for week commencing July 6, 2020.
Pizza Hut, Six by Nico, Rosa’s Thai, Hickory’s and Bill’s round out this week’s list of reopenings.
The ‘We Hear You’ survey collected responses from around 2,000 consumers at the end of their visits in nearly 60 venues between Saturday 4 and Sunday 12 July. The full report is available to download here.
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