Restaurants, pubs and bars enjoy jump in sales in September but London struggles
Tuesday, October 19, 2021
Supported restaurant, pub and bar groups reported "substantial jump in sales" in September, according to the latest issue of Coffer CGA business tracker.
September trade had been boosted by strengthening consumer confidence about security and spending, good weather in several sectors and continued stagnation.
The study, produced by CGA in partnership with Coffer Group and RSM, showed that aggregate sales were 8% on previous year, ahead of September 2019.
It was the second month running, up from a year earlier, with restaurants and pubs seeing overall sales growth of eight per cent.
Bars were once again the top performer after relaxing restrictions on the late-night sector in July.
Elsewhere in the country, sales were up 12 per cent.
CGA director Karl Chellar said: "These figures demonstrate the resilience of managed restaurants, pubs and bars in the face of strong headwinds, and show consumers’ appetite for eating and drinking out remains high.
Paul Newman, RSM 'The stark contrast in results for London… demonstrate that the challenges faced by the hospitality sector are far from over".