Average freehold pub prices have fallen by 34.7% post-coronavirus, according to Fleurets’ Survey of Pub Prices 2020.
Travel hub operator SSP has simplified its menus by up to 50-60% during the pandemic, which could result in smaller menus remaining post-covid, according to an analysts’ note by Peel Hunt.
Marston’s CEO Ralph Findlay has shared with MCA details of an executive restructure at the company, which sees previously separate divisions brought under a single pubs business.
Former Busaba CEO Jason Myers and sector investor David Ramsay have formed a new pub investment vehicle, Red Lion Holdings.
If Government looks to reintroduce the “ridiculous” restrictions on pubs seen under the tiering system, the industry “will resist”, Hawthorn CEO Mark Davies has told MCA.
Three in four wet led pubs (74%) are still yet to receive their Christmas grant promised to them at the beginning of December 2020.
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