Closures in Britain’s hospitality sector slowed from eight sites a day in 2023 to four a day in the first quarter of 2024, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
The exclusive research indicates a 0.4% decline in total numbers between the start of January and the end of March—the third smallest quarter-on-quarter drop since the start of the COVID-19 pandemic.
Download the latest report for more information.