Revenue
Our coverage brings together critical reporting on revenue performance across the UK hospitality and foodservice sector. We cover everything from operator trading updates and income breakdowns to revenue drivers like pricing, footfall, menu engineering, and channel diversification. Whether you’re a multi-site pub group tracking seasonal income, a restaurant CFO analysing unit economics, or a catering firm monitoring year-on-year growth, our coverage offers sharp insights into how businesses are generating, and protecting, revenue in today’s market. Expect detailed financial reporting with practical relevance for commercial foodservice leaders.
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Sep- 2023 -20 SeptemberNews
Today’s news in brief – 20/09/23
Food hall operator Market Halls reported a remarkable 155% revenue increase to £22m in the year ending July 2023 due to a 40% like-for-like sales growth. EBITDA before company costs reached £2.6m, as sales at their London sites exceeded pre-Covid levels. As a result, the company plans to open two…
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20 SeptemberNews
UK delivery and takeaway sales rise 6%, says CGA
Britain’s top managed restaurant groups secured a third successive month of year-on-year growth in delivery and takeaway sales in August, according to the CGA. The latest CGA by NIQ’s hospitality at home tracker shows revenue from orders was 6% higher than in August 2022. The news extends a run of…
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15 SeptemberTrade Associations
UKH Scotland urges govt to cap visitor levy bill
UKH Scotland has urged politicians to agree to a cap on the number of nights a levy can be charged to mitigate the impact a levy would have on Scotland’s appeal as a visitor destination. This is in response to the local government’s housing and planning committee’s consultation on the…
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4 SeptemberAdvice
How to tailor interactions for drive-thru customers in the QR industry
In 2022, the quick service (QSR) and takeaway industry in the UK amounted to a whopping £21bn, up from the previous year’s approximate £20bn. This year, the market is forecast to reach greater heights of £22bn. The UK’s 2,256 drive-thrus took in just over £2.8bn in the year to the…
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Aug- 2023 -25 AugustCatering Companies
Searcys and Benugo partner with Alva
Searcys and its sister brand Benugo, have partnered with The Association of Leading Visitor Attractions (ALVA). Both teams will provide ALVA members with industry insight, thought leadership and benchmarking initiatives to support its members in continuing to develop and enhance its visitor experience. Searcys and Benugo have almost 200 years…
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21 AugustFood and Drink
August bank holiday to generate £5.8bn for UK hospitality
The weekend of 26-28 August is expected to generate an additional £5.8bn for the hospitality industry through consumer spending in restaurants, pubs and bars across the UK, according to new research from independent finance broker Charles and Dean.Charles and Dean’s research, conducted in collaboration with Censuswide, has predicted that a…
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15 AugustPubs and Bars
Hall & Woodhouse underlying profits recover in FY22
Hall and Woodhouse has reported that underlying profit before tax recovered to £4.4m in the year ended 28 January 2023, up from £1.6 m the prior year. Total profit before tax was down slightly to £10.4m, down from £11.2m the year before, though the group benefited from profits on the…
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15 AugustPubs and Bars
Over two thirds of venues say showing live sport increases revenue
Over two thirds (68%) of hospitality venues have said that showing live sport directly increases revenue, according to data from CGA. Alongside this almost half (49%) say showing live games increases customer satisfaction and 41% experience increased spend per head, Furthermore 44% of operators think live sport entices consumers to…
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9 AugustNews
HOSPA launches professional development grants to fuel career growth
HOSPA, the Hospitality Professionals Association, has announced the launch of new professional development grants to support individuals in the UK hospitality industry. According to HOSPA, the professional development grants are designed to significantly reduce the financial burden of courses. Successful applicants are eligible to receive support for up to 70%…
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Jul- 2023 -27 JulyRestaurants
Chipotle sees revenues hit $2.5bn
Chipotle has revealed that its total revenue in Q2 2023 was $2.5bn (£1.93bn), an increase of 13.6% compared with Q2 2022, according to its recent trading update for the three months ended 30 June 2023. It said that the increase in total revenue was driven by a 7.4% increase in…
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