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Hospitality's confidence shattered with fewer than one in five optimistic about market’s prospects

04 December 2020 by

The Covid-19 pandemic has wrecked confidence across hospitality, with fewer than one in five (18%) leaders optimistic about the market’s prospects for the next 12 months.

News

More than nine in 10 operators experiencing Covid-related supply disruption

01 December 2020 by

Covid-19-related disruption has caused supply difficulties for more than nine in 10 hospitality operators since they reopened in July, a survey by CGA and Prestige Purchasing has revealed.

Tougher restrictions drove pub and restaurant group sales into reverse in October News

Tougher restrictions drove pub and restaurant group sales into reverse in October

13 November 2020 by
Pub and restaurant groups suffer September setbacks News

Pub and restaurant groups suffer September setbacks

16 October 2020 by
Curfew and lockdowns put pub and restaurant recovery into reverse News

Curfew and lockdowns put pub and restaurant recovery into reverse

02 October 2020 by
Consumer confidence slides following 'rule of six' restriction News

Consumer confidence slides following 'rule of six' restriction

11 September 2020 by

Operators urged to 'bear down' on guidelines for quickest recovery News

Operators urged to 'bear down' on guidelines for quickest recovery

20 August 2020 by

UKHospitality chief executive Kate Nicholls has said the industry must ensure social distancing does not become[...]

Restaurant cancellations halve in two weeks as consumer confidence climbs News

Restaurant cancellations halve in two weeks as consumer confidence climbs

06 August 2020 by

Consumers are now more likely to honour their eating out reservations than they were when venues[...]

Hospitality industry loses £30b of sales in the second quarter of 2020 News

Hospitality industry loses £30b of sales in the second quarter of 2020

27 July 2020 by

The UK’s hospitality sector saw sales plummet 87% in the second quarter of 2020 – equivalent[...]

Consumers signal overwhelming approval for measures put in place by pubs, restaurants and bars News

Consumers signal overwhelming approval for measures put in place by pubs, restaurants and bars

27 July 2020 by

Almost half of people who have visited pubs, restaurants and bars in the last two weeks[...]

News

Hospitality accounted for a third of the UK's GDP drop in March and April

Hospitality accounted for a third of UKs GDP drop in March and April, while industry leaders continue to be concerned that any recovery will be long and hard. "

20 July 2020 by
Pub and restaurant sales down 40% from last year News

Pub and restaurant sales down 40% from last year

16 July 2020
by

Restaurants and pubs in England who had reopened by 6 July have reported collective like-for-like sales 39.8% down on the same week last year, according to data from the latest Coffer Peach Business Tracker produced by CGA.

Trading for hospitality's reopening weekend down 44.5% year-on-year News

Trading for hospitality's reopening weekend down 44.5% year-on-year

10 July 2020
by

Trading was down 44.5% year-on-year on the first weekend hospitality venues were able to open, according to latest Coffer Peach Business Tracker data.

Consumer demand is key challenge for hospitality leaders News

Consumer demand is key challenge for hospitality leaders

02 July 2020 by

A new business confidence survey from CGA and Fourth indicates widespread anxiety among business owners but[...]

Come out fighting: Exclusive research into business leaders expectations for reopening Business

Come out fighting: Exclusive research into business leaders expectations for reopening

01 July 2020 by

As operators get ready to square up to the most challenging period their companies may ever[...]

Hospitality responsible for a quarter of Britain's GDP fall, says sector tracker News

Hospitality responsible for a quarter of Britain's GDP fall, says sector tracker

12 June 2020 by

Britain’s hospitality sector was responsible for nearly a quarter of the GDP losses felt by UK[...]

Consumer financial concerns expected to hamper recovery News

Consumer financial concerns expected to hamper recovery

03 June 2020 by

The impact of consumers’ financial concerns cannot be underplayed as hospitality looks to emerge from the[...]

News

Operators warned to expect significant food price instability

Operators should expect significant instability in food prices as a result of the Covid-19 pandemic, despite record deflation recorded in March."

22 May 2020 by
Industry had contracted before the Covid-19 lockdown News

Industry had contracted before the Covid-19 lockdown

21 May 2020
by

Restaurant numbers had already fallen by 2.4% year-on-year at the end of March, the CGA AlixPartners Market Recovery Monitor has shown.

Report from China shows ‘polarised’ consumer attitudes around eating and drinking out News

Report from China shows ‘polarised’ consumer attitudes around eating and drinking out

18 May 2020
by

‘Polarised’ consumer attitudes to eating and drinking out have been seen in China’s bar and restaurant markets including in Wuhan, the epicentre of the Covid-19 crisis, since lockdown restrictions were lifted, according to a report by CGA.

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