UK | September sales
London's hospitality market is recovering accoring to the latest Tracker. The return of visitors and office workers to the capital over the year, and a dramatic influx of people after the death of Queen Elizabeth II. are reflected in the sales figures.
The Tracker—produced by CGA by NielsenIQ in partnership with The Coffer Group and RSM UK—shows groups’ sales were ahead of pre-pandemic levels for the eighth month in a row, with like-for-like growth of 4.0% compared to September 2019. However, the dip from 12 months ago demonstrates the headwinds currently facing the hospitality sector—and with inflation as measured by the Consumer Prices Index at nearly 10%, sales are much further behind last year’s numbers in real terms.
Pubs were the strongest performing of the Tracker’s three hospitality segments in September, with year-on-year sales growth of 1.7%. Restaurants
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