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Hospitality closures fall in third quarter
The Hospitality Market Monitor from CGA by NIQ and AlixPartners has recorded a fall in licensed premises of 0.3% – the equivalent of three net closures a day, in the third quarter.
Read more...The Hospitality Market Monitor from CGA by NIQ and AlixPartners has recorded a fall in licensed premises of 0.3% – the equivalent of three net closures a day, in the third quarter.
Read more...The latest research from Zonal and CGA by NIQ, reveals the number of consumers not showing up for reservations in pubs, bars and restaurants has doubled since September last year.
Read more...Covid and changing consumer habits have led to a sharp drop in Britain's nightclubs, according to new research from CGA by NIQ.
Read more...According to the latest UKHospitality Quarterly Sales Tracker, turnover was up 6.7% in the last year to £137billion but, compared to 2019, remains almost 20% behind in real terms, when accounting for inflation.
Read more...According to research from UHY Hacker Young, the UK’s Top 100 restaurant groups have recorded a twelvefold increase in their profits in the last six months, rising from £19.9m in September 2022 to £241.8m in March 2023.
Read more...Inflation in hospitality rose again in June to 22.6% YOY, just shy of the record high of 22.9% in December 2022, as measured by CGA.
Read more...62% of hospitality businesses believe the sector receives less support and attention than other industries, new research from Peckwater Brands (PWB) has found.
Read more...A scorching June helped Britain's managed restaurant, pub and bar groups achieve a ninth successive month of year-on-year sales growth, according to the latest Coffer CGA Business Tracker.
Read more...Henry Jeffreys dives into the growing world of premium spirits and how newly elevated category heroes are creating a halo effect.
Read more...Red wine is one of several key commodities threatening the hospitality sector’s post-Covid-19 recovery due to rising prices.
Read more...With a summer of sport in full swing and the women's World Cup just around the corner, new research by CGA has revealed the increased spend and dwell times pubs can enjoy when screening live sports.
Read more...Central London’s hospitality sector is recovering after suffering hundreds of closures of licensed premises during the turmoil of Covid-19.
Read more...The sparkling wine market in the UK is changing. While the cost-of-living crisis clearly bites, there are some categories that are still – or should we say finally – full of fizz. Anne Krebiehl MW reports.
Read more...Britain’s leading managed restaurant, pub and bar groups achieved an eighth consecutive month of year-on-year sales growth in May 2023, the latest Coffer CGA Business Tracker shows.
Read more...A new survey from CGA by NIQ and Fourth suggests hospitality leaders are feeling more positive about their businesses for the year ahead.
Read more...Britain’s leading managed restaurant, pub and bar groups achieved like-for-like and YOY sales growth of 6.9% in April 2023, the latest Coffer CGA Business Tracker reveals.
Read more...Pubs, restaurants and bars in Britain’s biggest cities achieved solid year-on-year growth in the first quarter of 2023, according to the new ‘Top Cities’ report from CGA.
Read more...Delivery and takeaway sales at Britain’s top-managed restaurant groups in March were 3% below the same month in 2022, according to CGA.
Read more...Like-for-like sales at Britain’s leading managed restaurant, pub and bar groups in March were 1.4% ahead of last year’s levels, the new Coffer CGA Business Tracker shows.
Read more...Once billed as bricks-and-mortar retail’s salvation, an on-trade element has become a trickier proposition. James Lawrence reports.
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