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Hospitality sales up 6% in Q4

Published:  02 February, 2024

New data from Fourth has revealed hospitality revenue in Q4 2023 is up 6.1% year-on-year.

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Penfolds ‘Luxury & Icon’ wines join La Place

Published:  27 November, 2023

Penfolds has appointed La Place de Bordeaux as an official distributor partner for its ‘Luxury & Icon’ wines across EMEA, effective 30 January 2024.

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Deliveries worth 15p per pound of restaurant spend

Published:  22 November, 2023

Delivery and takeaway sales at Britain’s leading managed restaurant groups rose 5% year-on-year in October 2023, according to CGA by NIQ’s Hospitality at Home Tracker.

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Wet October softens growth for hospitality

Published:  15 November, 2023

Britain’s leading hospitality groups saw year-on-year growth slow to 3.2% in October amid widespread poor weather, the new CGA RSM Hospitality Business Tracker reveals.

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Hospitality closures fall in third quarter

Published:  07 November, 2023

The Hospitality Market Monitor from CGA by NIQ and AlixPartners has recorded a fall in licensed premises of 0.3% – the equivalent of three net closures a day, in the third quarter.

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Britain loses 30% of nightclubs since Covid

Published:  29 September, 2023

Covid and changing consumer habits have led to a sharp drop in Britain's nightclubs, according to new research from CGA by NIQ.

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Business leaders in hospitality growing in confidence despite inflation

Published:  05 June, 2023

A new survey from CGA by NIQ and Fourth suggests hospitality leaders are feeling more positive about their businesses for the year ahead.

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Inflation puts the boot in World Cup boost

Published:  15 December, 2022

The UK hospitality trade rode a wave of World Cup fever in November, when sales were above a still somewhat Covid-dampened environment at the end of 2021. However, with inflation biting hard and more disruption on the way over Christmas 2023, operators could be set for a challenging end-of-year run.

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One in nine hospitality jobs still vacant despite pay rises

Published:  22 November, 2022

The staffing crisis is very much still underway heading into Christmas, data from CGA has revealed, with one in nine jobs in hospitality still vacant despite improvements in recruitment.

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CGA reveals opportunity for drinks in delivery & takeaway sales

Published:  28 October, 2022

As British consumers maintain some of the delivery and takeaway habits they picked up during Covid-19 lockdowns, the latest CGA by NielsenIQ Hospitality at Home Tracker highlights a growing trend – with drinks’ share of these sales increasing by 15% versus the start of 2022.

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Jubilee helps on-trade achieve 5% sales growth

Published:  20 July, 2022

June’s like-for-like sales at Britain’s top managed restaurant, pub and bar groups were 5% ahead of the pre-Covid-19 levels of June 2019, the latest Coffer CGA Business Tracker reveals. 

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Inflation dampens hospitality growth

Published:  22 April, 2022

Hospitality’s recovery from Covid remains “fragile”, new data has shown, as solid growth for Britain’s managed restaurant, pub and bar groups in March was dampened by high inflation.

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Labour costs pushed ever upwards as hospitality battles to retain staff

Published:  19 April, 2022

Staffing issues continue to set back hospitality’s recovery from Covid-19, according to a new survey, which has found that nearly four out of five hospitality leaders have offered higher wages to try to retain staff.

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Restaurant January sales up on pre-Covid as restrictions ease

Published:  15 February, 2022

Rising consumer confidence about safety and the easing of Covid-19 restrictions helped Britain’s managed pub, bar and restaurant groups to a modest increase in sales in January, the Coffer CGA Business Tracker has revealed.

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Hospitality sector expands in fourth quarter, despite unprecedented challenges

Published:  20 January, 2022

Britain’s hospitality sector grew modestly in the last quarter of 2021, according to the latest CGA Market Recovery Monitor.

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New variant bears down on hopes of buoyant festive trade

Published:  15 December, 2021

The enforcement of ‘Plan B’ rules continues to dampen spirits across the sector this festive season, as a growing number of venues report mass cancellations.

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A Plan B Christmas will put the industry under “severe pressure”

Published:  09 December, 2021

A re-tightening of restrictions is threatening to put a pin in Christmas celebrations, causing more gloom for the hospitality sector as the government rubber stamps plans to introduce vaccine passports for late-night venues.

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Licensed sector shrinks by 10,000 sites

Published:  13 October, 2021

The licensed sector has shrunk by nearly 10,000 sites from pre-Covid levels, the new Market Recovery Monitor from CGA and AlixPartners has revealed.

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Hospitality leaders fight to recruit and retain staff as labour shortages bite

Published:  04 October, 2021

One in six (16%) hospitality jobs currently lie vacant, triggering intense competition among firms to recruit and retain team members, the latest Business Confidence Survey from CGA and Fourth has said.

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Price spikes predicted as 3/4 of hospitality prepare to pass on costs

Published:  23 September, 2021

Costs resulting from ongoing supply chain issues are likely to be passed onto the customer this autumn, CGA has predicted, with three-quarters of hospitality businesses admitting that they are likely to raise prices as a result.

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