Despite most London restaurants making a small profit during September, many claim rising costs and cautious consumer spending is causing their business to struggle
Senior hospitality executives may soon feel pressure to reduce their salaries and bonuses if profits and share prices of many restaurant, pub and hotel chains continue to decline
Half of the owner-managed hotels interviewed for the Good Hotel Guide report an 'excellent' year as Brits decide to holiday at home and Europeans take advantage of the weak pound
The author of a report out today suggests that cask beer can offer publicans a 'lifeline' out of recession as it increases its share of the on-trade beer market
KPMG predicts that this autumn will be a critical period in the future success of the UK's hotel companies as summer holidays come to an end and corporate business remains slow
A report by PricewaterhouseCoopers suggests that the hotel market has seen the worst of the recession and should see the speed of decline slow at the beginning of 2010
The amount consumers spend on eating out has decreased by 6 per cent on last year due to the increased popularity of cheaper outlets and those offering good money-off deals
Guests paid an average 16 per cent less for hotel rooms in the UK between January and June this year compared to the same period last year, according to a survey by booking website Hotels.com
Like-for-like sales at major restaurant and pub groups rise 0.8 per cent in August on the previous month and are up 4.9 per cent on the same period last year, according to the Coffer Peach Business Tracker
The amount of money customers spend on alcohol when out drinking is at its lowest level since 1972 according to latest statistics from the British Beer & Pub Association
The number of diners reserving a table online has more than doubled in the last year, but less than 10 per cent of UK restaurants use online booking systems
