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Pub sun income run continues as heatwave drains restaurant trade

20 August 2018 by
Pub sun income run continues as heatwave drains restaurant trade

The latest Coffer Peach business tracker figures have revealed managed pub like-for-like sales are up by 2.7% against last July.

However restaurant groups have seen a drop of 4.8% compared to July 2017.

The fluctuation - ascribed to the hot weather gripping the country - managed to cancel out the results for both, with the the combined managed pub, bar and restaurant sector recording exactly 0% growth.

Peter Martin, vice president of CGA, said: "Continued sunshine and England's longer than expected participation in the World Cup meant July followed a similar pattern to the previous month of June, when pubs were up 2.8%, except that restaurants were hit even harder.

"The fall of 1.8% in trading in June just got worse in July.

"Drink-led pubs and bars performed by far the strongest with like-for-likes up more than restaurants were down.

"Food-led pubs also suffered in the sun with negative like-for-likes, although not as dramatically as the restaurant operators.

"It seems people just wanted to go out for a drink. Across managed pubs and bars drink sales were up 6.6% for the month, with food down -3.0%."

The boost for pubs and struggles of restaurants were particularly pronounced in London, where like for like sales rose by 2.6%

Trevor Watson, executive director at Davis Coffer Lyons said: "This was driven predominantly by the capital's pubs market - buoyed by England's unexpected progression at the World Cup - which were trading 6.1% ahead.

"The rest of the country had a more difficult period with like-for-like sales down 0.9%.

"Restaurant trading fell a painful 5.6% - compared with 2.8% down in the capital - with pub like-for-likes up just 1.7% despite the football."

- England's World Cup boosts pubs but restaurants pay penalty>>

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