Business

Hospitality remains an ‘industry in peril’, UKH warns

It comes as annual sales remain £60bn below 2019’s £132bn

The hospitality sector is ‘an industry in peril’ according to the latest edition of the UKHospitality and CGA Quarterly Tracker, which has revealed both Q3 2021 sales and full 12-month figures are nearly half what they were over the same period pre-pandemic.

The data shows a 45% drop in sales for the 12 months to end-September 2021 compared to year to end-September 2019, before Covid-19 struck, and annual sales remain £60bn below 2019’s £132bn annual turnover.

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