Pub and restaurant sales rise in November

20/12/2011 10:44:03

Hospitality recruitment could be relatively unaffected by the UK's current economic climate, after a study from Coffer Peach Business Tracker found pub and restaurant sales increasing by 2.1 per cent over November.

The data, compiled from the analysis of 24 major pub and restaurant groups, found that sales were up by 6.2 per cent from the same month last year.

This is the sixth consecutive month in which the restaurant and bar sector has seen positive growth, despite volatile financial conditions in which other markets have suffered.

In sharp contrast to the hospitality market is the retail industry, where sales fell by 1.6 per cent on a like-for-like basis in November.

Peter Martin of Peach Factory, a business intelligence firm which helped produce the report, said: "Below the headline rate of inflation, the figures demonstrate the underlying resilience of the market and that the public still want to go out to eat and drink."

Peach Report recently reported on a TPoll survey which revealed that two in five young people are eating out more often than they used to despite various economic pressures.

Posted by Daniel Caggoull

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