Almost half of hospitality operators expect to have more than 80% of their estate open by September this year, the latest insight from CGA has revealed.
Dishoom and Crussh are among the latest operators to open their doors this week, whilst the reopening programmes of Loungers, Turtle Bay, Franco Manca and more have started to pick up momentum. Of the larger to-go operators, KFC, McDonald’s and Costa have reached reopening milestones this week, whilst Greggs announced a significant acceleration in its reopening plans.
Despite the raft of operators choosing to introduce delivery as an alternative revenue stream through recovery, it’s not a route Loungers is going to take, CEO Nick Collins has told MCA.
One third of operators, or 31%, believe they will be able to reopen by 4 July, according to the latest weekly Hospitality Leaders Poll by MCA Insight/HIM. And if they do get the go ahead to reopen sooner, one in four (26%) think they can be up and running within two weeks and one in five (19%) could reopen in a matter of days. Just 16% think it will take longer than the four weeks between now and 4 July.