S4labour has identified that last week’s hospitality sales figures are up by 8% when compared to the same week in 2019. This is the third week in a row where sales have been up on 2019 levels.
There are also similar patterns between food and drink like-for-likes, with food like-for-likes yet again outperforming drink like-for-likes: up 16.5% compared to 1.5% respectively.
Richard Hartley, S4labour’s Chief Innovation Officer, added: “the fact like-for-likes are up again spells even more positive news for the hospitality industry. Although there were fears on whether the industry can sustain its growth following the summer holidays, September has started off well. However, as positive as this growth is, there are concerns on higher VAT rates coming into effect from the 1st of October affecting hospitality.”