Altus Group
Reporting on commercial property insights, business rates analysis, and policy commentary from a consultancy regularly referenced across the UK hospitality and foodservice sector. This section highlights data on rent, valuations, tax appeals, and trading pressures, supporting operators, landlords, and F&B decision-makers in understanding how property-related costs and legislative changes impact venue profitability and long-term planning.
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Jan- 2025 -2 JanuaryNews-In-Brief
Today’s news in brief – 02/01/25
Pizza Hut’s UK operator is “in advanced talks” with potential bidders to wrap up a deal to secure its futures, according to Sky News. Heart With Smart (HWS), Pizza Hut’s biggest UK franchisee, which operates roughly 140 Pizza Hut dine-in restaurants, is expecting to select a preferred bidder in January.…
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2 JanuaryPubs and Bars
More than 34 pubs a month stopped trading in 2024, data finds
The number of pubs that stopped trading permanently across England and Wales rose by 6.7% on 2023 levels, with more than 34 a month calling last orders for the final time in 2024, according to analysis of official government data by Altus Group. The commercial real estate adviser found that…
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Sep- 2024 -24 SeptemberPubs and Bars
50 pubs a month ‘vanished’ during H1 2024
50 pubs a month have “vanished” for good from the English and Welsh communities calling last orders for the final time during the first six months of 2024, according to analysis of official government data by the commercial real estate intelligence firm Altus Group. The overall number of pubs in…
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Jun- 2024 -17 JuneNews
Today’s news in brief – 17/06/24
The number of pubs closing permanently saw a sharp 56% rise in Q1, according to analysis of official government data by Altus Group. This is a rise from the 51 pubs a month closing during the first quarter of 2023. England’s North West region lost 35 pubs, the most of…
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17 JunePubs and Bars
Pub closures spike 56% in Q1
The number of pubs across England and Wales closing for good saw a sharp 56% increase in the first three months of the year to 80 a month, according to analysis of official government data by Altus Group. This is a rise from the 51 pubs a month closing during…
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Sep- 2023 -18 SeptemberPubs and Bars
Pub closures up 50% in Q2 2023
The number of pubs closing for good in England and Wales has risen 50% in the second quarter of 2023, according to the latest data from Altus Group. The figures from Altus state that around 77 pubs a month closed in the quarter compared with 51 a month lost during…
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Oct- 2022 -11 OctoberPubs and Bars
Number of pubs ‘vanishing’ up by 50% in last 3 months
The number of pubs that have vanished from the communities that they once served has rocketed by 50% in the last three months, according to real estate adviser Altus Group. It warned that 50 pubs a month are now disappearing from communities across England and Wales. During the three months…
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Jul- 2022 -4 JulyPubs and Bars
Number of pubs falls by over 7,000 in past decade
The number of English and Welsh pubs fell below 40,000 for the first time during the first half of 2022 with pub numbers having fallen by 7,107 in the last 10 years, new research has revealed. Research by the real estate adviser Altus Group, found that the overall number of…
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Apr- 2022 -4 AprilCoronavirus
£330m in Omicron grants unspent by local councils, study finds
Firms in England, which were most impacted by the Omicron variant, received less than half of the £635m support package promised by the Government, according to the analysis by the real estate adviser Altus Group. The analysis shows that just £305m of the £635m distributed to 309 English Councils had…
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Mar- 2022 -24 MarchBusiness
High streets face £3bn rates rise on 1 April
Hospitality, leisure and retail businesses in England are facing a “dangerous cost of doing business crisis”, according to real estate adviser Altus Group, as the government presses ahead with its £3.1bn business rates rise on 1 April. Analysis by Altus Group, following yesterday’s (23 March) Spring Statement, shows councils in…
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