Tough times for hospitality businesses, but worse is yet to come
The UK’s pubs, bars and restaurants have three main costs: energy, labour and business rates. All three of these have risen sharply in the last four years and
Hospitality
British pubs in battle to survive
The poet William Blake commented in the early 19th century that a pub had much in common with a church, except it was warmer and there was more
How will hospitality cope after the budget?
When we last reported on the financial health of the hospitality sector in June this year, the position was far from positive. In particular, we noted that: The
How is the hotel industry being forced to change?
According to a 2024 Bismart report the global hospitality market is on track for remarkable expansion in the next three years, projected to reach $1,063 billion by 2028,
Staffing challenges in the hotel industry
Unfortunately, there is a maddening lack of meaningful sub-analysis of employment data for the hospitality sector, but there’s little doubt that the hotel industry has more than its
How are the latest business rates & minimum wage rises affecting the hospitality sector?
The embattled hospitality sector has another front to fight on. This week has seen media headlines about pub closures rapidly increasing by 51% in Q1 2024 compared to