Hospitality Market Monitor October 2024
Britain’s number of licensed premises has increased for a second successive quarter, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
Published quarterly in partnership with international finance-sector advisors AlixPartners, Market Growth Monitor is the product of the exhaustive research data gathered by our own Outlet Index.
Britain’s number of licensed premises has increased for a second successive quarter, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
Closures in Britain’s hospitality sector slowed from eight sites a day in 2023 to four a day in the first quarter of 2024, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
Closures in Britain’s hospitality sector slowed from eight sites a day in 2023 to four a day in the first quarter of 2024, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
Britain’s number of licensed premises dropped by 0.8% in the fourth quarter of 2023, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
Britain’s number of licensed premises has fallen by 3.6% over the last 12 months to 99,916 sites, according to the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners.
In the latest 12 months, Britain has lost around one in 18 of its licensed premises – that’s 5,736 pubs, restaurants, bars and cafes – the new Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
Britain has suffered a net decline of 4,593 licensed premises in the last year to March 2023, the new Hospitality Market Monitor from CGA by NIQ and AlixPartners shows—but the resilience of managed groups means the rate of closures has slowed in the last quarter.
Unprecedented inflation in energy bills and other costs led to a net decline of 1,611 licensed premises in the fourth quarter of 2022, the new Hospitality Market Monitor from AlixPartners and CGA by NielsenIQ reveals.
Britain’s licensed sector – the universe of pubs, bars restaurants, cafes and hotels – saw a net decline of one closure every hour in the third quarter of 2022, the latest Hospitality Market Monitor from CGA and AlixPartners reveals.
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