Managed groups see below inflation growth for fourth month in a row
Like-for-like growth across managed hospitality groups has remained below inflation for the fourth month in a row.
Like-for-like growth across managed hospitality groups has remained below inflation for the fourth month in a row.
Hospitality firms are "in the doldrums" as company insolvencies across the sector rise by 5% year-on-year.
Greene King is the latest pub operator to come under fire for its use of 'event' pricing at peak trading times, insisting the increase is used to “cover additional costs”.
The number of licensed premises has increased for a second successive quarter, but the Budget threatens confidence in the sector and puts independent pubs at risk.
The Government has been urged to rethink the £3.4bn worth of costs to hit the sector in April 2025, following recent figures having shown UK economic growth slowed to 0.1% between July and September.
EXCLUSIVE INTERVIEW
The use of dynamic pricing in the hospitality sector is “trickier” to navigate than other industries and risks creating “negative sentiment” with consumers, one expert has warned.
As the dust begins to settle from the recent Budget from our shiny new Government, we can now start to assess the real damage Reeves and her colleagues have wrought on the hospitality sector.
Cost increases and the autumn Budget alongside declining drinks sales and flat in-venue dwell time sparked “concern” across the on-trade last month, new data has revealed.
A number of industry leaders have warned of the impact cost increases announced at last month's Budget will have on the sector.
In light of the recent Budget announcements, The Morning Advertiser spoke to various operators in order to understand how they plan to tackle the effects of rising costs and the impact it may have on trade.
New research from ride-hailing firm Bolt, has revealed that compared to last year, over a quarter of Brits are going ‘out’ less at night, but still choosing to visit pubs.
Foodservice inflation in the hospitality sector has continued its downward trend, dropping 0.4 percentage points.
According to the latest Barclays Consumer Spend report, consumer spend habits throughout bars, pubs and clubs have plateaued as consumers look to be more frugal with their spending habits.
Hospitality bosses across London have urged a speedy resolution to Tube strikes that can cost businesses up to 70% of their daily sales.
The number of consumers not turning up to reservations at hospitality venues has returned to a record high, new research has revealed.
October drinks sales in pubs struggled to keep up year-on-year (YOY) as fluctuating weather made for tough comparisons.
BUDGET 2024
Pubs will suffer in the short term after their pleas for the 75% business rates relief to remain were replaced with a 40% reduction in the Budget – but an overhaul of the system will take place in 2026/27.
The national living wage (NLW) is set to rise by 6.7% to £12.21 an hour from April next year.
Brewer and pub company Camerons Brewery has secured funding to help with its growth strategy.
Drinks distributor and manufacturer C&C Group has announced its net revenue has declined by 3% but underlying operating profit has risen by 29% in the six months (H1 FY25) to 31 August 2024.
Chancellor Rachel Reeves is expected to announce a 6% rise in the national minimum wage at the Budget tomorrow (Wednesday 30 October), according to reports.
Wet weather, falling draught beer volumes and a drop in occupancy levels led to a ‘disappointing’ September, research has found.
Managed hospitality groups recorded year-on-year sales growth of 1.7% in September, the latest edition of the CGA RSM Hospitality Business Tracker has revealed.
UTILITY UPDATE WITH NATIONWIDE ENERGY
The ongoing conflict in the Middle East remains the most significant factor driving commodity costs.
Year-on-year drinks sales have fallen for the third week in a row, according to CGA by NIQ’s Daily Drinks Tracker.
EXCLUSIVE
Hospitality firms need to plan for longer-term pain as increases to business rates bills come April 2026 have the potential to be eye-watering.
Figures from SIBA's UK Brewery Tracker have shown the net closure rate of breweries in the UK has slowed during the third quarter of 2024 while openings have increased in some areas.
EXCLUSIVE COMMENT
Asahi UK’s recent £14m pre-tax loss is a “stark reminder” of the challenges faced by hospitality firms, business finance specialists Aurora Capital has said.
September’s inflation figures indicate a potential £48m increase for business rates next year for hospitality firms, one trade body has predicted.
On-premise drinks sales have been recorded at significantly lower than this time last year according to the latest CGA by NIQ’s Daily Drinks Tracker.
The Star Inn at Vogue in Cornwall has enforced stricter rules on customers leaving food during its Sunday carvery and has now begun charging people for leaving food on plates, according to reports.
Mergers and acquisitions (M&A) deals have increased by almost a third in the food & beverage sector for the second quarter of 2024 versus the same period last year – with the Carlsberg-Britvic and Carlsberg-Marston’s deals cited as key.
The Morning Advertiser looks at a breakdown of average salary status throughout the hospitality industry, with recent recorded wages per annum throughout 2023, and 2024 provided by Access hospitality, Indeed UK and Reed recruitment agency.
The Morning Advertiser caught up with hospitality design specialist Abi Perry-Jones on what's in vogue when it comes to pub design.
Top toilets are vital for any pub operation, but are we always getting it right. The Lock In team go beyond the u-bend to find out how you can up your loo offer!
What to expect from utilities in 2024? We asked industry expert Gerry O'Hara of Nationwide Energy to give his perspective on what the coming year was likely to bring.
It turns out there IS room at the inn, with pubs across the country investing in rooms so that guests can chill out and stay the night after enjoying the food and drink on offer.
The operator of the Lancashire-based gastropub Freemasons at Wiswell has advised pubs to “buy once and buy right” if they’re looking to invest in accommodation at their site.
Feature – Pub suppliers
Success or failure in the pub industry is dependent on many factors, not least having reliable, trustworthy suppliers who can service all of your business needs.
Promotional content
Dan Vorlage, executive director of the Steel Keg Association, talks about the challenges facing the on-trade and how reusable steel kegs and casks can play a meaningful role to speed the recovery.
A Lancashire-based operator has been left feeling “vulnerable” by a company claiming to help firms reduce their business rates.
National Pubwatch (NPW) has released a range of films explaining the roles of Pubwatches and their powers.
Do you want to run a pub but don’t know where to start? Fleurets director and head of agency gives advice on how to go about getting into the sector.
FEATURE
Many people have considered quitting it all and getting into the pub trade – plenty of you reading this have already done so – but for those who haven't, how do you go about it?
Leading lights in sustainability within the pub world will feature in a series of new debates from SmartDispense – Heineken UK’s draught tech system.
More than half (58%) of operators expect overall costs to further increase this year with 98% having reported cashflow concerns, a new survey by international business payments firm, Equals Money, has revealed.
Promotional content
Summer 2022 has been the summer of sport. With Wimbledon, The Open, the Women’s Euros and the Commonwealth Games, UK sports fans have enjoyed a competition-filled season. But it’s not over yet.
The Night-Time Industries Association (NTIA) has partnered with NDML insurance brokers to urge the Government to address escalating insurance premium costs within the sector.
The Lock In Podcast
With finances facing an ever-growing squeeze and debts coming home to roost next month, the Lock In team take a look at what pub operators should be thinking about when it comes to managing cash flow, dealing with debt, handling the current utilities...
UKHospitality (UKH) has urged operators, including pubs and nightclubs, to take part in its upcoming annual Benchmarking Survey, following its hiatus last year due to the pandemic.