Chain restaurants and pubs given festive uplift

It seems like it can be hard for some businesses to perform well, especially during the festive season — even if it seems like it should be easier due to the lure of all of those crowds. Restaurants and pubs have it especially hard, but they both seemed to do well over the holidays — all through the country. “Chain restaurants and pubs given festive uplift” has the statistics.

Key Takeaways:

• Both restaurants and pubs fared equally well in the six weeks of festive trading to 8 January although drinks-led pub and bar businesses generally out-performed food-led operations, the tracker found.
• The sales rise was led by operators in London where collective like-for-like sales were up 5.1 per cent compared to 1.2 per cent for the rest of the UK.
• The uplift for eating and drinking out also mirrors the upswing in retail sales for the period, showing that spending was on both in-home and out-of-home entertainment.

“Both restaurants and pubs fared equally well in the six weeks of festive trading to 8 January although drinks-led pub and bar businesses generally out-performed food-led operations, the tracker found.”

http://www.bighospitality.co.uk/Business/Chain-restaurants-and-pubs-given-festive-uplift?utm_source=RSS_text_news&utm_medium=RSS_feed&utm_campaign=RSS_Text_News