Outdoor hospitality reports bumper first week results.
Saturday, April 24, 2021
In the seven trading days up to Monday, April 12th, like-minded pubs, bars and restaurants had a 45% increase in turnover compared to the week of July 4, 2020 when they both resumed in-store and in-store business.
However data from CGA and Alix Partners' Market Recovery Report also showed only 23 per cent of licensed UK pubs had allowed out-of-business sales by the middle of last week, with total sales at par long-ago levels.
On its first day of trading the company also sold more than twice as many drinks as it did for the same week in April 2019.
On the first open-air reopening day, similar beverage sales also doubled on the same Monday in 2019, but increased by around 10% to the same extent throughout the first week after it reopened.
Jonny Jones, CGA chief executive for Britain and Ireland said: "Pent-up demand from consumers to get back out into pubs, bars and restaurants is clear and the first visit fear that many had in July last year is now playing less of a role in their decision to do so.
"Trading in such circumstances was always likely to benefit from a welcome initial spike but the return of limited trading cannot overshadow the fact most venues remain closed," added Kate Nicholls, head of UK Hospitality.