Britain’s hospitality sector has recorded its first quarterly growth in outlets in two years, according to the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners.
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New data from Fourth has revealed hospitality revenue in Q4 2023 is up 6.1% year-on-year.
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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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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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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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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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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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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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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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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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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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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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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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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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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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Britain’s hospitality sector grew modestly in the last quarter of 2021, according to the latest CGA Market Recovery Monitor.
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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 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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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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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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