The ‘new normal’ of consumer behaviour post-Covid, with the widespread switch to hybrid working patterns, means that more and permanent government assistance is needed to help the hospitality sector survive an increasingly challenging business environment.
Operating cost hikes prompt licensees to revisit diversification, price rises and potential sale of...
With the price of food, fuel, energy, and rent continuing to increase as inflation is forecast to rise to 11%, many licensees are currently seeking to strike the right balance between raising prices without risking a decline in footfall.
While there are ample signs of optimism for the hospitality sector preparing for a busy summer season – hopefully free of imposed government restrictions for the first time in a few years – those operators who have successfully negotiated the many hurdles of coping with COVID that have come their way would do well to adopt a cautious approach over the months ahead.
Spiralling costs mean operators have no choice but to increase prices, writes Wylie & Bisset partner Catherine Livingstone
End of business rates 'holiday' will bring further challenges this year, writes Wylie & Bisset partner Catherine Livingstone
The outlook for the hospitality sector at the start of the Christmas trading period is decidedly unfestive, writes Wylie & Bisset partner Catherine Livingstone
With traditional work-related festive celebrations looking uncertain, cashflow management will be critical, writes Wylie & Bisset partner Catherine Livingstone
It's vital operators keep a close eye on the financial health of their business, writes Wylie & Bisset partner Catherine Livingstone
Although situation remains volatile, hospitality operators should get ready for a busy season, writes Wylie & Bisset partner Catherine Livingstone Despite the India variant of...
WITH pubs, restaurants and cafes set to welcome back customers, now is the time for the hospitality industry to prepare for the long-awaited bumper summer season ahead.
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