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HOTELS, RESTAURANTS, PUBS & CATERING
www.catererlicensee.com
May 2017
Issue 200
Products and Services
Cider and Ciders
Pages 21 - 22
Bar and Cellar Equipment
Outdoor Leisure
Design and Refit
Property and Professional
Pages 23 - 25
Pages 26 - 27
Pages 27 - 31
Pages 32 - 35
Pages 36 - 38
UK Hospitality and Leisure Industry Set for Bumper Year BRITISH HOTELS, pubs, bars and restaurants are set for a record year with a substantial increase in both home and international visitors planning holidays in the UK. According to The Barclays Corporate Banking report, Destination UK: driving growth in the UK hospitality and leisure sector 63% of international holidaymakers said they are more interested in holidaying in the UK compared to last year, thanks to the weakness of the pound making the UK more attractive. Among the 63% of international holidaymakers who said they are more interested in holidaying in the UK than this time last year, perhaps unsurprisingly, 31% cited the weaker pound. However, more attention grabbing is the fifth of respondents reporting that TV programmes like The Crown are driving British appeal, particularly among Chinese (44%) and US (26%) guests, and that high-profile advertising campaigns (29%) are having their effect on overseas audiences. Greater spending power (30%) was also cited as a key reason why they were more interested in visiting the UK in 2017.
Staycationers attracted by convenience and the variety of holidays The staycation’s popularity also continues to rise, with nearly a third (30%) of UK holidaymakers expecting to spend more of their holiday time in the UK this year. The convenience of holidaying at home is the primary draw. Half of UK respondents choosing a UK break described the familiarity of food, language and travel options as making the UK ‘hassle free’ with 31% now more aware of UK holiday options. Nearly four in ten respondents (38%) of those citing cost as a factor behind a UK break said the weaker pound made holidays in the UK preferable to those abroad, and 39% said a domestic holiday represents better value for money in 2017. The research reveals that the average British budget for UK breaks is £800 with over a fifth (22%) of holidaymakers planning to spend more than £1000 on their UK getaways. During their staycations, Brits also expect to spend an average of £309 on accommodation, £152 on dining out and £121 on shopping, if they were to spend time holidaying in the UK this year.
International holidaymakers influenced by Brexit The majority of international holidaymakers (51%) report that the vote to leave the EU has had no impact on their likelihood to visit the UK, and nearly a third (31%) reported that Sales ? Food GP% ? Liquor GP% ? Wages ?
CELEBRATING 10 YEARS OF SPROWTS
The weekly Profitability monitor that supports you in maximising what you get out of your business. This is what some of our existing customers say about Sprowts ''10 Year Proven'' service to Hospitality businesses …
M.H. Before using Sprowts I literally had no idea how the business was performing, or how, or what, needed improving N.W. My business was losing money and I had no idea why, or how to turn that round. Sprowts achieved that for me I.J. Most important for me with Sprowts is making sure that the Wages stay ''in line'' and don’t get out of control N.O. I run multiple Restaurant and Pub businesses. Sprowts ensures that I am able to keep on top of all of them D.E. Our hotels are not our core business, and Sprowts has enabled us to keep the focus on them as well P.P. As a Chef, being told every week how the Food GP% looks, is immensely beneficial to achieving my targets B.H. Weekly figures are fabulous … being able to speak to someone and get necessary guidance is what works for me GenMgr Having the weekly Sprowts figures helps me, as a GM, to manage the business more effectively BarsMgr Running bars can be very hard, unless, as with Sprowts, you know where you are with pricing and GP%s all the time
… everyone working with us at Sprowts has at some stage worked in a business benefiting from Sprowts… how cool is that?!
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they are more likely to visit the UK than before the Referendum. However, the study also highlighted the role of the UK as a tourism hub with nearly a quarter (24%) of those who said they would be less likely to visit the UK post-Brexit citing worries about onward travel to other European destinations. This was especially important for guests from Australia (44%) who are potentially looking to combine their visit with multiple European destinations owing to the longer travel distance. Visas are also a concern as of the 10% of international tourists who said they are less interested in visiting the UK today than 12 months ago- nearly 1 in 5 (19%) cite this as a worry. Other international trends revealed by the research include the regions visitors are keenest to visit, with London (67%) and Scotland (44%) topping the list. Interest in Oxford and Cambridge is also notably higher for Chinese guests. Overall, tourists are eager to experience the UK’s landmarks (51%), history and museums (44%) and natural landscapes (41%). The average length of a UK visit is just over one week at 9 days and the average budget for planned holidays this year per family, including airfares is £3443. However, American and Chinese guests blow even larger budgets on their planned holidays this year with average spends of £5230 and £5424 respectively. Visitors from China and the US also have significantly larger shopping budgets, with visitors from these countries having an average of £800 and £713 to spend in British shops respectively, compared to the overall budget of £453 set aside by international visitors on average. Experiences and technology rise up the leisure and holiday wish list Younger UK consumers are more interested in a high-tech approach to the leisure sector than older consumers. Over a third (36%) of 18-34s would be more likely to use a bar that invested in automated drinks dispensing, compared to just 6% of the 55 and overs. Younger consumers are also more comfortable with automated ordering in restaurants, with 43% of 18-34s saying they would be more likely to use such a restaurant compared to 14% of the 55 and overs. Mike Saul, Head of Hospitality & Leisure at Barclays, said: “2017 looks set to be a strong year for the British hospitality sector with both domestic and international visitors increasingly intent on spending more time here. While the impact of a weak sterling, at least temporarily, has boosted the UK’s international appeal, underlying this increase is the quality of our hospitality industry today and the UK’s enduring appeal as a truly world class destination. Those holidaymakers who are more likely to visit today than 12 months ago are doing so for a range of reasons including the effect of UK operators’ advertising campaigns, the attraction of British TV programmes that have gone global and a case of simply having more money available to spend on holidays from which the UK is set to benefit.”
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