Tag: restaurants
Pandemic Hospitality Update Winter 2021
►Nearly 300,000 jobs in the UK hospitality sector were lost between February and November last year. Over £53 billion was also lost in year-on-year revenue between April and September. The lack of Christmas trading will be an additional huge loss. ►According to the IWSR, global sales of alcohol fell by 8% in 2020 whilst the UK Off trade alcohol sales grew by over 16%. ►The American Beverages Licensees group has warned that the US pandemic funding bill has failed to provide sufficient support to save their bars and restaurants. Over 909,000 jobs in the sector have already been lost and… Read more
CV-19 Hospitality Update in Brief
► The number of licensed premises currently trading across Britain is 25,000 down on pre-Covid levels, according to the latest report from CGA & Alix Partners. ► The Cancel the Curfew campaign is being led by on-trade operators in England & Wales, who have written to the Prime Minister warning that the 10pm curfew will result in “the end of the hospitality industry as we know it”. Pubs, bars and restaurants are reporting a 63% drop in revenue since the curfew was enforced. ► It is now a legal requirement that hospitality venues in England display QR codes, for users… Read more
