Staffing

Turbulent economic period: venues rise prices by 7.1% to combat inflationary pressures and staff shortages (Credit: Getty/NickyLloyd)

Venues rise prices by 7.1% to offset soaring costs

By Rebecca Weller

Hospitality venues increased prices by an average of 7.1% in the year to December 2023 after being left with “little choice” in the face of rising costs and staff shortages.