Trading positive for managed pubs

The Tracker, produced by CGA in partnership with The Coffer Group and RSM, showed total sales were just 6% down on the same month in 2019. 

However, restaurants had a particularly strong month, with sales only 2% below 2019, while drink-led pubs and pub restaurants were down 9% and 8% respectively. Bars benefited from the easing of restrictions on the late-night sector, as sales ended 3% short of 2019.

The Tracker said that managed venues benefited the popularity of ‘staycations’ at the start of the school holidays while domestic tourism contributed to a much better July for the regions. Sales outside the M25 were down by 2% year-on-year, but within the M25 they dropped 15% as visitor and worker numbers remained low.

Sales down

The Tracker also shows the lasting impacts of Covid-19 on hospitality, with rolling 12-month sales to the end of July 2021 down by 20% on the previous 12 months to July 2020.  

“While sales are still some way short of what we would expect at this time of year, July was another steady month of recovery for hospitality. Restaurants are enjoying the release of latent demand for meals out, and the return of nightclubs and late-night bars was a milestone in the journey back to normality for the drinking out sector,” said Karl Chessell, director - hospitality operators and food, EMEA at CGA. 

“Trading conditions remain difficult though, and the 20% drop in rolling sales since July 2020 highlights Covid-19’s heavy toll on the sector and the need for continued support. On top of major operational challenges, it means that not all businesses are out of the woods yet.”

Increasing confidence

Mark Sheehan, managing director at Coffer Corporate Leisure, said: “It’s not really like for like because so many factors are different in 2021 against 2019 but these numbers do demonstrate that on a national basis consumers are increasingly confident to go out. Much behaviour is different, and more time is spent closer to home but the numbers overall are steadily improving. The future is getting brighter.”
 
Saxon Moseley, leisure and hospitality partner at RSM, said: “With the arrival of 'Freedom Day' and a successful Euro football campaign, the eating and drinking out market enjoyed a further resurgence in July with like-for-like sales closing in on pre-pandemic levels. 

He added: “Given the disruption of staff availability and delivery of supplies caused by the 'pingdemic', this represents a real achievement for the sector.”