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CLH Digital - Issue #302

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THE LEADING PUBLICATION FOR THE HOSPITALITY SECTOR & LICENSED TRADE Issue 302

www.CLHNews.co.uk

RETURN TO PROFIT! Let us help guide you to putting your Restaurant, Hotel or Pub business BACK into Profit. We work "hands-on" with you and your Team, in your business, to make that happen.

Maximise your Profit Margins Minimise your Operating Costs Resolve any Operational Issues To find out how David Hunter can use his 30 plus years of experience in the Hospitality sector to help you INCREASE THE PROFIT from YOUR business, call NOW for an informal chat on:

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01628 487613 Hospitality Business Mentoring since 1989

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Pub Sector Shows Resilience Amid Economic Headwinds As Investment and Confidence Hold Firm

The Bowden Group

EKE EQUIPMENT LIMITED

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• TOASTERS • STAINLESS STEEL SINKS & TABLING •

While recent headlines have been dominated by pub closures and mounting cost pressures, a closer examination of the sector reveals a more nuanced and ultimately more optimistic picture.

National Insurance contributions and higher business rates have squeezed margins across the sector, with labour costs alone rising by an estimated £3.4 billion across hospitality.

Behind the challenges facing the sector, a significant portion of the market is not just surviving but thriving, with record profits, strategic acquisitions and rising operator interest painting a picture of resilience and selective strength.

According to the latest Survey of Pub Prices from Fleurets, these pressures have fed through into lower average sale prices and subdued transaction activity in some segments.

The past year has undeniably been challenging. Rising wage costs, increased

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