By M&C Report team2006-11-12T08:03:00+00:00
The reopening of hospitality has led to a sharp increase in spending in Q2 2021 according to Deloitte’s Q2 Consumer Tracker. Spending in restaurants and bars has seen its biggest quarterly rise and was now ”significantly higher than their pre-COVID levels”.
There is a risk of further venue closures and reduced service as a result of the government’s decision to omit hospitality from its self-isolation exemption list, according to UKHospitality.
Admiral Taverns has reached an agreement to acquire community pub company Hawthorn from parent company NewRiver, for a cash consideration of approximately £222.3m.
Originally announcing plans to go public as a standalone company in April, in the event it was a trade buyer that sealed the deal for Hawthorn.
Tokyo Industries CEO Aaron Mellor has described proposals for nightclubs to check vaccine passports as “impossible to enforce”.
Research shows the vast majority of young people aged 18-30 plan to responsibly return to late night leisure venues, with three quarters of respondents happy to adhere to government guidelines and measures. Yet, average spending could be 7% lower.
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