The Caterer

Pubs and restaurants see 6.4% rise in Q1 card sales

05 May 2017 by
Pubs and restaurants see 6.4% rise in Q1 card sales

Data from payments processor Worldpay has revealed healthy spending in the hospitality sector and a surge in foreign card spend.

According to Worldpay, overall spending on cards was up 1.5% year on year in the first quarter of 2017. Spending in pubs and restaurants proved particularly robust, up 6.4% compared to 2016, despite more restrained spending by UK consumers on the high street.

Calculation is based on sales processed by Worldpay between January and March 2016 compared with the same period this year, using a cohort of 298,614 UK outlets.

James Frost, UK chief marketing officer, Worldpay, said: "The overall spending picture across the UK remains a positive one, but retailers in particular are needing to work harder to make every opportunity pay."

The future of Epos: convenience is king >>

Diners don't trust businesses with out of date technology, says survey >>

Videos from The Caterer archives

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!