Hospitality sales experienced a sharp decline last Wednesday as violent disorder and the threat of widespread rioting led to many businesses closing their doors and a significant drop in customer turnout.
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A joint survey spanning several leading hospitality bodies has showed that venues have the appetite to invest in the future of their businesses, despite continuing to face a wide range of cost pressures.
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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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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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The Scottish Beer & Pub Association (SBPA) and the Scottish Licensed Trade Association (SLTA) have issued a joint appeal to support their sector after it emerged that English businesses will receive a 75% reduction in rates bills for the financial year 2024-25.
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The number of licenced premises in Britain has fallen below 100,000, marking a 31% decline in the two decades since 2003.
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Scotland’s pubs, bars, restaurants and hotels face an unprecedented cocktail of challenges, according to the most recent Scottish Licenced Trade Association (SLTA) survey.
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Hospitality has lost 2,200 licenced venues in three months as crippling costs and staffing issues continue to hit business operators.
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The director general of the OIV has called upon the global wine industry to more quickly embrace the opportunities afforded by new technologies, in order to stay relevant in a fiercely competitive world.
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The hospitality sector is facing a summer of venue closures and reduced service following the government’s decision to leave the industry off the self-isolation exemption list, UK Hospitality (UKH) has warned.
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Newly released data has revealed a slowdown in outlet closures for some of the sector’s biggest companies, with the numbers levelling off versus the “steep declines” of 2018 and 2019.
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Having removed much of the taint of TCA to cork’s reputation, the classic stopper continues to establish itself as a benchmark of quality, as James Lawrence reports.
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Northern Ireland has announced a month-long circuit breaker lockdown, signalling fears that similar measures could be on the way for the rest of the UK.
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The number of licensed premises trading across Britain is down by nearly 25,000 on March levels as openings stall, according to the latest Market Recovery Monitor from CGA and AlixPartners.
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A new survey showing how UK business are coping financially with the coronavirus pandemic has shone a light on the pressures being put on the out of home food and drink industry.
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Majestic has announced its shops are to remain temporarily closed despite the government having added off-licenses to its list of ‘essential’ businesses.
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James Lawrence delves into the new and sustainable innovations in wine closures
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The Office of National Statistics (ONS) has released figures showing that the long decline in the number of pubs in the UK has stopped, with a “small rise” in 2019 buoying up the sector for the first time in decades.
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California brand Böen has become the first wine to add near-field communications (NFC) technology to its bottles.
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Amorim has acquired a 50% stake in high-end glass and crystal closures producer Vinolok for an undisclosed sum.
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