Operating costs

Latest travel strike widens industry losses to over £5bn, NTIA says

The Night Time Industries Association’s CEO, Michael Kill, has warned that the latest transport strike action has widened hospitality sector…

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Hospitality bosses back UKH’s call for action at upcoming Budget

Hospitality CEOs from groups including Mitchells and Butlers, Accor Hotels, Stonegate Pubs and Crerar Hotels have signed an open letter…

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800 licensed premises lost in Q4

The number of licensed premises in the UK dropped by 0.8% in the fourth quarter of 2023, with a net…

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Hospitality venues’ sales rise 8.8% over December

Restaurants, pubs and bars saw sales rise by 8.8% over the latest Christmas period compared with data from 2022, according…

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Nando’s revenues hit £1.2bn in FY23

Nando’s has reported that revenues increased to £1.2bn for the year ending February 2023 with sales for the group in…

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The decline and bounceback of the night time economy

Recent data from CGA has shown that Britain has lost over 100 independent night time venues in the last year…

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High inflation impacting night time economy says NTIA

The Night Time Industries Association has said that high inflation is still impacting the night time economy and consumer spending.…

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Why the true value of hospitality businesses resides in their data

It has been a difficult period for the hospitality industry since the pandemic. In the UK the number of available,…

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Fuller’s issues profit warning as rail strikes wipe £4m from sales

Fuller’s has warned its full-year earnings may be lower than expected after its profitability was dented by rail strikes in…

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Hospitality bodies call for ‘urgent action’ on pub staff shortages

“Urgent action” is needed on staff shortages in pubs amid new employment figures being released, according to Hospitality bodies BBPA…

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