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| | | | 20/10/2016 | Big Hospitality, MCA - Pubs and restaurants see strong September sales | | | | | Pub and restaurant groups post September sales rise - Coffee Peach Tracker | | | | | Big Hospitality reports that consumer spending on eating and drinking out continues to hold up post-Brexit vote, with managed pub and restaurant groups reporting collective like-for-like sales up 1.8% in September against the same month last year, according to the latest Coffer Peach Business Tracker.
Branded restaurant groups performed slightly better than managed pubs, with like-for-likes ahead 2.2%, against a 1.6% increase for the month for pub groups.
This reverses the trend of July and August, which saw casual dining slightly down on 2015. However, the pub numbers can still be seen as strong as the Rugby World Cup kicked off in mid-September last year, which helped boost the drinking out market.
The tracker said that the most encouraging news was that the uplift was not just driven by London and tourism.
The September figures show a bigger increase outside the M25, where collective like-for-likes were up 2.2% against a 0.9% rise in the capital.
Total sales for the month among the 34 companies in the Tracker cohort were up 5% on September 2015, reflecting new site openings over the past 12 months among participants.
The underlying annual sales trend shows sector like-for-likes running at 0.7% up for the 12 months to the end of September, broadly in line with the trend seen over the summer as a whole. |
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