The optimism of Britain’s hospitality leaders has slightly declined over the last quarter with costs still high over last year. There are still some positive indications with slowing rate of increase, while some even report a decrease in costs.
Those are the headlines from the October edition of the Business Confidence Survey from CGA by NIQ and Fourth. It shows 34% of leaders now feel confident about the hospitality market over the next 12 months—down by seven percentage points from February’s figure of 41%. The proportion of leaders who feel optimistic about prospects for their business in the next year has also dropped to 53%, down four percentage point from February.
Download the latest Business Confidence report to find out more.
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