In December 2024, Britain's hospitality sector reported a year-on-year sales growth of 3.2%, indicating a positive year-end despite previous challenges. The CGA RSM Hospitality Business Tracker highlighted a 5.2% overall sales growth driven by newly opened establishments. Pubs saw the most significant success with a 4.7% increase in sales, attributed to festive celebrations. Meanwhile, bars slightly improved from earlier adversity with a 1.3% gain, while restaurants advanced modestly at 1.6%. Despite the encouraging December figures, experts caution about increasing costs and fluctuating consumer confidence in 2025.
December's results cap off a lacklustre year, indicating that while there's optimism for festive spending, challenges lie ahead for hospitality businesses in 2025.
Pubs led the way in December sales growth, showing that consumer demand for socializing during the festive season remains strong despite previous downturns.
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