Number of hotel/restaurant startups and closures

09 September 2003 by
Number of hotel/restaurant startups and closures

The Small Business Service figures on VAT registrations and deregistrations show the annual number of hospitality businesses that have opened or closed in the UK.

Startups: VAT registrations 1995-2001 by industry

The number of enterprises registering for VAT each year. This is an indicator of the number of business startups. It excludes most of the very smallest one-person businesses.

1995199619971998199920002001
Hotels805725870875940925895
Restaurants6,8307,1757,9758,0608,3708,6308,755
Bars6,9606,9656,7456,8357,1857,5608,425
Canteens and catering565660685715705770785

Closures: VAT deregistrations 1995-2001 by industry

The number of businesses deregistering from VAT each year. This is an indicator of the number of closures. Again, it excludes most of the very smallest one-person businesses.

1995199619971998199920002001
Hotels2,2301,3751,2051,2051,2751,1801,105
Restaurants7,4007,0807,2407,3857,9857,7707,635
Bars7,8457,3957,1056,8456,9806,9106,055
Canteens and catering495530580635560640620

Business stock: enterprises registered for VAT at the start of the year 1995-2002 by industry

The number of enterprises registered for VAT at the start of the year. This is an indicator of the size of the business population. Since more than 99% of registered companies employ fewer than 50 people, it is also an indicator of the small business population.

19951996199719981999200020012002
Hotels13,38511,96011,31010,97510,64510,64510,0559,840
Restaurants44,57044,00044,09544,83045,50545,89046,75047,870
Bars44,07543,19042,76042,40042,39042,59543,24545,615
Canteens and catering3,4153,4853,6153,6153,8003,9454,0754,240

Source:The Small Business Service

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