UK hospitality sector sees Q1 2023 growth with 462 net new openings and 1.7% casual dining increase.

UK hospitality sector experiences growth in pubs, restaurants, and hotels, with 462 net new openings between March and June, marking the first quarter-on-quarter increase since 2022. Casual dining restaurants see a 1.7% growth over the past year, averaging three new sites a week. The sector is still 1% lower than the previous year due to nearly 1,000 net closures, but experts remain optimistic about its future as confidence in the industry rises.

August 19, 2024
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