News Hospitality Sector in Britain Sees Sharp Increase in Closures

Britain’s hospitality sector saw 2,200 venue closures in the last three months, equivalent to one per hour. The sharp increase in closures is thought to be primarily due to the rise costs of energy, food and labor.

The closures cover the full range of on-premise hospitality including the number of nightclubs which has fallen by 5.6% in the last three months alone.

More details here.

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