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Euro 2024 set to drive footfall to pubs and bars, reveals CGA research

Published:  10 June, 2024

Recent findings from CGA by NIQ's latest BrandTrack survey indicate a significant interest in the upcoming Euro 2024 football tournament among British consumers, with nearly half (46%) planning to tune in. Among these viewers, two in five (40%) intend to watch matches in pubs and bars.

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Hospitality faces inflation challenges amid mixed sales results

Published:  23 May, 2024

UK inflation dropped to 2.3% in April, its lowest level in nearly three years. However, the reduction was less significant than anticipated, dampening hopes for an imminent interest rate cut.

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Rate of hospitality closures slows

Published:  08 May, 2024

The latest data from CGA shows that closures in Britain’s hospitality sector slowed from eight sites a day in 2023 to four a day in the first quarter of 2024.

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Hospitality groups enjoy 5.2% growth in March

Published:  18 April, 2024

In March 2024, Britain’s leading hospitality groups achieved above-inflation like-for-like sales growth of 5.2%, according to the latest CGA RSM Hospitality Business Tracker.

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Tonic and mixers: Adapting to thrive

Published:  18 April, 2024

The premium mixers market is showing resilience in the face of the cost of living crisis, finds Nigel Huddleston.

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Humble Grape’s vision for expansion

Published:  17 April, 2024

As the UK’s hospitality sector grapples with a wave of closures, Humble Grape’s Fleet Street bar played host to its spring portfolio tasting, offering a glimpse into the brand’s ambitious plans for growth and expansion.

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Insights: The new big night out

Published:  12 April, 2024

New research has laid bare the state of night-time on-trade businesses operating post-pandemic. James Bayley looks at the new trends shaping the sector.

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Night-time industry evolves amid swathe of club closures

Published:  19 March, 2024

Few industries have suffered more than night-time hospitality during and since the pandemic. Last month, Rekom UK, which owns the Pryzm and Atik nightclub brands shut down 17 of its venues. 

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Hospitality continues slow start to 2024

Published:  14 March, 2024

Britain’s top hospitality groups achieved modest like-for-like sales growth of 1.4% in February, the latest CGA RSM Hospitality Business Tracker has revealed.

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Liberty Report: premium on-trade wine sales still below pre-Covid levels

Published:  23 February, 2024

Wholesaler and importer Liberty Wines has released its premium on-trade report covering the two years following the final Covid-19 lockdown in spring 2021.

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Hospitality sales flat in January as consumer spending squeezed

Published:  15 February, 2024

Britain’s leading hospitality groups generated like-for-like sales growth of just 0.1% in January according to CGA.

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Premium chains lead restaurant market growth

Published:  14 February, 2024

According to Lumina Intelligence, the UK restaurant market reached a value of £18.6bn in 2023, spearheaded by premium branded establishments and menu price inflation.

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Analysis: Hospitality seeks aid to halt closures

Published:  14 February, 2024

As the on-trade is hit by a cost-of-doing-business crisis, many are facing a tough decision unless government intervenes. James Bayley reports.

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Managed groups eye expansion despite swathe of hospitality closures

Published:  12 February, 2024

Gaucho and M-owner Rare Restaurants will open 30 new sites following its double-digit revenue growth in 2023.

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On-trade: Sporting chances

Published:  07 February, 2024

As a summer of major fixtures looms, quality on-trade outlets are increasingly embracing lucrative shared viewing experiences, reports James Bayley.

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6,000 hospitality venues closed in 2023

Published:  30 January, 2024

New data released today (30 January) has revealed more than 6,000 hospitality venues closed in 2023, bringing the total number of closures since the pandemic to nearly 23,000.

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Tech: On the plus side of AI

Published:  26 January, 2024

Innovative tech, such as artificial intelligence (AI), is sometimes reserved only for large corporations with massive budgets. However, more and more SMEs are coming to the party, James Bayley finds.

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Managed groups enjoy YOY December growth

Published:  18 January, 2024

Britain’s top hospitality groups generated year-on-year sales growth of 8.8% in December, the latest CGA RSM Hospitality Business Tracker reveals.

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D&M achieves record Christmas sales

Published:  17 January, 2024

Drake and Morgan, operator of 17 premium bars and restaurants in London and Manchester, has announced record festive trading with like-for-like sales up 31.7% against the same period in 2022 (4 weeks to 31 December 2023).

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Hospitality sales up 4% YOY in November

Published:  13 December, 2023

Britain’s leading hospitality groups achieved year-on-year (YOY) sales growth of 4% in November, the new CGA RSM Hospitality Business Tracker has revealed.

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