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Pub sales down 29.2% in December 2021: Lifting of restrictions means businesses can look forward to better conditions to aid their recovery in 2022 (Credit: Getty/monkeybusinessimages)

Saturday 4 December most profitable trading day

Pub sales were down 29.2% in December 2021 when compared to 2019 with New Year’s Eve sales down some 30%, however staff headcounts and hours worked were in good stead, the latest Fourth Hospitality Report has shown.

Halted trade: December put a stopper in hospitality's recovery (Getty/Leo Patrizi)

13 sites a day lost since pandemic’s onset

While Britain’s hospitality sector grew modestly in the last quarter of 2021, tough trading conditions now threaten to halt the sector’s upturn, the Market Recovery Monitor from CGA and AlixPartners has revealed.

Hard hit: Pubs and bars had the toughest trading period over Christmas (Getty/ Dimensions)

Pubs and bars hit hardest over festive period

Britain’s managed pub, bar and restaurant groups suffered a double-digit sales drop from pre-Covid levels in December, yet pubs and bars were hit particularly hard over the festive period, the latest CGA Business Tracker revealed.

SA Brain reported to be selling pubs to Song Capital and Cerberus

SA Brain in deal to sell estate

Leading Welsh brewer SA Brain is reported to be set to sell the freeholds of the majority of it’s pubs to a global consortium for a reported £100m.

Restarting recovery: Restrictions on hospitality businesses to be lifted as of 28 January with crowds back at sporting events the week before (Credit: Shutterstock/ComposedPix)

Welsh Six Nations games to be played in Wales

Welsh First Minister Mark Drakeford has confirmed Wales’s Six Nations rugby matches are to be hosted in Wales as planned after restrictions were lifted, offering a chance for hospitality businesses in the country to recoup some revenue from lost trade...

The Morning Advertiser Lock In Podcast episode 35

Hard times ahead?

The Lock In team review the Christmas that wasn't and take a look to the months ahead and what to expect. We talk the challenging financial situation with top advice from expert advisor Chris Worden from 1st Business Rescue, hear from award winning...

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