In May, UK hospitality groups reported a 3.6% sales increase, with pubs up 4.4%, despite inflation and cost pressures.
Despite inflation rising, hospitality groups in Britain reported a 3.6% sales increase in May, with the pub sector showing growth of 4.4%. This follows a 1.7% drop in April, as easing household bills and bank holidays boosted consumer spending. However, the hospitality sector is still grappling with cost pressures, including rising wages, food and beverage costs, and utility expenses, which have impacted profitability.
June 19, 2024
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