Coronavirus

Hospitality sector attracted investment in 2020 despite Covid-19

It was also discovered that M&A activity in the sector during the year was dominated by distressed transactions as Covid-19 ‘caused restaurant and bar values to drop significantly’

BDO’s annual ‘Restaurants and Bars Report’ has found that despite the tough trading conditions, the restaurant, pub and bar sector continued to attract investment in 2020. 

According to the group, interest from investors was judged by the fact that the eventual loosening of lockdown restrictions and a successful vaccine roll-out would help drive economic recovery.

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