Insight tracker CGA has revealed the attitudes of Chinese consumers towards eating and drinking out of home, meaning UK pubs can look to their international peers for an idea of how the public will feel about visiting in the months after reopening.
Tom Talbot of Livelyhood Pub Company and City Pub Group’s Clive Watson dialled in to MA500’s online conference to discuss what Covid-19 financial support they had received and how it had helped their businesses survive shutdown.
Most operators, asked in a snapshot poll of hospitality leaders, have said it will take up to two years to reach pre-coronavirus lockdown profit levels, while 88% of those asked have not agreed favourable rent terms with landlords over the coming months.
Pubs will face a “a new beginning entirely” when reopening after the coronavirus lockdown, which will require changes in licensing legislation and the experience pubs offer, according to a paper from the Institute of Licensing (IoL).
The Covid-19 pandemic has thrown the world into a health and economic downward spiral but the UK Government has, and continues, to offer lifelines to the hospitality sector. Here is what’s available to pubs.