No hospitality spending bounce until late summer, says EY survey

EY’s Future Consumer Index revealed 37% of consumers are planning on spending more on out-of-home recreation, and 43% on a holiday post-pandemic

There will not be a spending bounce for the hospitality sector until towards the end of summer, according to EY’s Future Consumer Index for April.

The survey of 1,000 UK consumers revealed a “significant” pent-up demand for hospitality and leisure, how respondents showed hesitancy over returning to restaurants and bars after lockdown.

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