Business

Hospitality leaders’ confidence falls to 23% in Q2

On average, they predict a 6% drop in sales and a 12% impact on profit margins over the next 12 months

Only 23% of hospitality leaders are now confident about the next 12 months for the general market, according to a new business confidence survey by CGA and Fourth. This is barely a third of the 65% that were confident in their last survey in March.

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