Authors
Richard Bursby

Richard Bursby

Partner

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Jack Wain

Jack Wain

Associate

Read More
Authors
Richard Bursby

Richard Bursby

Partner

Read More
Jack Wain

Jack Wain

Associate

Read More

2 December 2021

Hospitality in the News

  • Quick read

Your latest instalment of articles and opinions from across the hospitality sector.

Thinking differently

We are not going to talk about the Omicron variant in this newsletter and instead we are going to focus on the positive news we have seen in the last few weeks to show what's possible when (hopefully) COVID-19 restrictions are relaxed again:

  • Shaftesbury, the UK landlord, has reported that weekend footfall has returned to 2019 levels in central London.
  • Pret A Manger has signed two new UK franchise partners and is planning to open more than 200 UK shops and employ a further 3,000 people within the next five years.
  • Lumina's latest data from their Eating & Drinking Out Panel shows that UK spending increased during October half term.
  • STR, speaking at the EHIC Hotels Conference 2021 which Taylor Wessing sponsor, highlighted that average daily rate for rooms across hotels in Europe is growing strongly after the resumption of international travel and in October London reported its highest performance levels of the pandemic-era.

There is still clearly a long way to go for the hospitality industry to fully recover from the coronavirus pandemic and a lot of challenges to be faced but for now we are looking at the positives.

We hope you all enjoy the start of the festive season!

Latest news

October half term leads to rise in eating out frequency and spend
(Big Hospitality)

Central London weekend footfall back to pre-COVID levels, says Shaftesbury
(Big Hospitality)

Pret signs two UK franchise partners as expansion push begins
(The Caterer)

Wendy's targets 50 UK openings in 2022 after sales exceed expectations
(Big Hospitality)

Compass pointing north as catering giant sees shares soar after putting dividends back on the menu
(This is Money)

Poke House planning to open 65 UK restaurants
(The Caterer)

London hotel performance reached pandemic-era highs in October
(Hospitality Net)

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