Pubs and restaurants suffer ‘lost Christmas’ as sales plummet
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Pubs and restaurants saw Christmas Day trade plunge by 60% as soaring Covid cases and caution over socialising lost UK hospitality firms £3 billion worth of sales. Industry bosses said the sector suffered a “lost Christmas” after figures revealed that revenues dropped sharply across the key trading week as customers opted to stay at home Data from industry body UKHospitality and research firm CGA showed that sales on Christmas Day fell by 60% compared with levels from 2019, while revenues dropped by 31% on Boxing Day and 27% on New Year’s Eve. “December is a vital period for hospitality businesses, equal to three months’ worth of trading for many,” she said. “These sales drops versus 2019, and also against our members’ projections before the onset of the new Omicron variant, will have taken most businesses from healthy trading for the month to painful losses, delaying the sector’s recovery and extending hospitality’s long Covid.
History of this topic
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