Are we over the worst?

As you might expect from a hospitality industry professional (that’s me!) I’ve been keeping an eye out for events in the industry, footfall trackers, rail passenger numbers and new administrations. At the moment the data paints a gloomy picture with restaurants down circa 40% on a like for like basis and rail passenger numbers still down circa 75%. Footfall in shaping centres is slowly creeping up but not near,y fast enough. I am hoping that with people wearing masks there will be more confidence out there which will lead to greater footfall.

For the moment, I remain hopeful that we can avoid a meltdown in the industry but reports are suggesting that a third of hospitality staff who are currently furloughed will lose their jobs – this is a particularly grim statistic.

So are we over the worst of it? I don’t think so, not by a long way.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close