Last week’s two Jubilee bank holidays lifted sales for Britain’s pubs, bars and restaurants, CGA by NielsenIQ’s latest trading data shows, but street parties dented trading over the weekend.
The extended Platinum Jubilee weekend saw spending in hospitality venues soar with restaurants seeing a 41.5% uplift compared to the same period last year, according to data from Barclaycard.
The UK hospitality industry is set for a bumper Jubilee bank holiday, with some resarch suggesting the sector is set for a £2.9bn boost over the four-day weekend (2-5 June).
Hospitality businesses are being urged to 'make the most' of extended licensing hours over the Platinum Jubilee weekend, with UKHospitality saying it represents an opportunity to boost the sector's recovery.
Pubs, clubs and bars could be allowed to stay open for an extra two hours over the extended bank holiday weekend for the Queen's Platinum Jubilee, the Government has announced.
Almost 5m Brits are shunning the continent and planning a UK break this bank holiday, generating over £1bn for the British economy, according to figures released by Visit England.
Hotel search website Trivago has also released data showing London to be the most popular city to visit for the 5.2m Brits taking 'staycations' this August bank holiday, while Edinburgh is the most expensive.
Domestic tourism is set to soar over the August bank holiday, with a quarter of the British population considering an overnight trip during the long weekend, according to the latest data from VisitEngland.
Restaurants are set to enjoy a profitable August bank holiday as Brits are planning to spend 120 per cent more than on a normal weekend, according to research by VoucherCodes.co.uk.
Restaurants and pubs around the country could be set to experience high levels of trade during the forthcoming bank holiday, after a survey revealed that more than three-quarters of people plan to dine out during the extended weekend.
The forthcoming August Bank Holiday weekend will see 3.6 million Brits taking an overnight holiday in the UK, generating over £800m in tourism spend for the UK economy.
Mitchells & Butlers (M&B), which operates the Harvester and All Bar One brands, has reported positive sales growth in its half year results driven by food although profit for the business has dipped and poor weather has hit recent sales.
The number of people planning to stay in the UK’s hotels and B&Bs over the coming Bank Holiday has dropped 3 per cent on last year according to figures compiled by tourism body VisitEngland.
British restaurants and hotels must ensure that they offer last minute bargains if they are to take advantage of the upcoming Bank Holiday weekend, industry experts have said
