Coronavirus pandemic wipes out £80.8bn of sales in hospitality over 12 months
The Covid-19 pandemic has wiped a staggering £80.8bn off hospitality’s sales in just 12 months, the latest edition of the UKHospitality Quarterly Tracker with CGA reveals. It shows sales from the start of April 2020 to the end of March 2021 totalled £46bn, down by 64% on £126.8bn in the previous 12 months. The drop of £80.8bn is equivalent to around £220m of sales lost every day, or more than £9m every hour. This collapse in trade fall reflects the waves of national and local lockdowns and severe trading restrictions that the UK’s hospitality businesses h...
Source: bighospitality.co.uk