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UK hospitality expects peak trade fall of 'at least two-thirds'

Hotels
Gary Noakes
22 June 2020

UK hospitality businesses expect August trade to be down by two-thirds even if social distancing is reduced.

(Credit: iStock)

A poll by trade body UKHospitality (UKH), found downbeat expectations for the key summer month, with predictions of a 65% decline if social distancing is reduced to one metre and 78% if it remains at two metres.

Respondents were asked to give their expectations on trade in the three months following reopening and for December, a vital revenue-generating month for the sector. 

Overall, hospitality businesses overwhelmingly expect a very slow recovery in the second half of 2020, with a worst-case scenario in December of trade at around a third of the previous year’s level if the two-metre rule remains in place.