2020 saw revenue decline of 51.38% overall, characterised mainly by a 98.3% decline in Q2 driven by lockdown 1. In the first two months of the year, prior to the effects of the pandemic, revenue growth was 6.6%. As pubs and restaurants opened up on the 4th July, consumers were hesitant leading to low demand levels and revenue was down 50.9%. Overall London was more affected, at a revenue decline of 56.0%, whilst Non-London performed better, at a decline of 50.2%.
The past year has been a tough one for everyone, and we just want to say thank you to you all.
S4labour has supported it’s customers with repeated 50% discounts throughout the pandemic.
Please follow the link below to download the full report.
Download the full 2020 Hospitality Sales Report
Fill in your details below to download the PDF report