Almost two-thirds (63%) of those surveyed said that it was not viable for them to reopen in April when outside trading is permitted, according to the latest Hospitality Leader’s Poll from Lumina Intelligence.
Thirty-percent said they had no outside space, while 33% said it not viable for other reasons. Only 11% said reopening was definitely viable for them and that they would be embracing the new rules from 12 April.
Meanwhile four in five (83%) of respondents said they would be able to keep their business solvent until the dine-in/drink-in reopening date of 17 May, through a combination of grants, savings and investments. However 3% said that the 10-week wait would be too long, and they would be forced to enter insolvency proceedings.
The poll also found that there was a low level of confidence from the sector that the government’s roadmap for reopening the country would go to plan. Sixty-eight percent of those asked had low levels of confidence, compared to 17% who had a high degree of confidence and 13% that had a good level of confidence.
In the latest business confidence tracker, 60% of those surveyed said they were confident about the future of their business – relatively unchanged from 61% in the previous week’s poll.
- The Hospitality Leaders Poll is a conducted by Lumina Intelligence on behalf of MCA, BigHospitality and the Morning Advertiser.
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INSIGHT
Almost two-thirds of hospitality say April opening isn’t viable – poll
Sixty-three percent of those surveyed said that it was not viable for them to reopen in April when outside trading is permitted, according to the latest Hospitality Leader’s Poll from Lumina Intelligence. Thirty-percent said they had no outside space, while 33% said it not viable for other reasons. Only 11% said reopening was definitely viable for them and that they would be embracing the new rules from 12 April. Meanwhile four in five (83%) of respondents said they would be able to keep their business solvent until the dine-in/drink-in reopening date of 17 May, through a combination of grants, savings and investments. However 3% said that the 10-week wait would be too long, and they would be forced to enter insolvency proceedings.