CLH News #194 November 2016

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THE LEADING PUBLICATION FOR THE INDEPENDENT HOSPITALITY SECTOR

We work “hands-on’ with you, in your business to:

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Maximise your Profit Margins Minimise your Operating Costs Resolve any Operational and Staff Issues Increase the Profit from your Business

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November 2016

Issue 194

and Supplies

Festive Ordering

Hospitality Technology

Product Portfolio

Pages 16 - 17

Pages 18 - 19

Design and Refit

Property and Professional

Pages 20 - 22

Pages 23 - 27

Page 28

Pages 28 - 30

RETURN TO PROFIT Beverage Systems Let us help you put your business back into profit

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Consumers Dine Out and Boost Leisure Sector in Referendum Aftermath SPENDING IN the UK leisure sector has remained strong in the third quarter of 2016, and has increased in most categories, according to the business advisory firm Deloitte. In research published earlier this month Deloitte found that, during the three months to September, leisure consumers spent more or the same in every leisure category compared to the previous quarter. Spending on eating out, in restaurants, pubs and cafés, saw the biggest quarterly rise in spending, increasing by three percentage points from the second quarter of 2016 and six percentage points since the first quarter Spending on culture and entertainment also increased, by two percentage points, since the second quarter of 2016. Attending live sporting events has seen a similar uplift in spending. Betting and gaming, drinking in pubs and bars, and spending in coffee shops have all seen increases of one percentage point in the last quarter. With the third quarter consumer confidence rising by three percentage points to a five-year high, the gap between leisure and retail spending continues to narrow as consumers keep prioritising spending on experiences, such as holidays and days out, rather than goods and services. Simon Oaten, partner for hospitality and leisure at Deloitte, comments: “Given the political uncertainly in the immediate aftermath of the EU referendum, it is reassuring to see that the leisure sector has performed well and remained resilient. “A key reason for the sector’s robustness is due to the growth of habitual leisure spend over the last few years. Leisure, whether in or out of the

home, is now part of the daily routine for the vast majority of UK consumers.” This good news follows a report last month by VisitBritain, which revealed that overseas visitors to the UK spent £2.6 billion in August, 4% up on the same month last year. The Office for National Statistics figures also show a record-breaking first eight months of the year for visits from EU countries, the UK’s largest visit-generating region, with 16.8 million visits, 3% up on last year. The figures bring inbound visits from January to August this year to 25 million, up 3% on the same period last year and a record year–to-date. Spending by visitors during this period was £14.6 billion. VisitBritain/VisitEngland Chief Executive Sally Balcombe said: “These back-to-back record-breaking figures not only underpin a longerterm pattern of growth for inbound tourism, one of our fastest growing export industries, but also demonstrate its growing importance to the UK economy. “We’re inspiring overseas visitors to book a trip right now through our #OMGB ‘Britain, Home of Amazing Moments’ campaign, showcasing the incredible experiences on offer across our nations and regions. And we’re working with commercial partners in our key inbound markets including China and the US to convert the desire to visit into bookings.” The latest record-breaking numbers follow new figures announced by VisitBritain released earlier in October, which revealed that that overseas visitors spent an extra £800 million across the nations and regions of Britain as a result of its work in 2015-16. That meant that every £1 invested in VisitBritain’s activities resulted in an overseas visitor spending £23 in Britain.

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