Cga

Celebrations and early Easter holiday lift hospitality groups to 5.2% growth in March

18-Apr-2024 By James McAllister

Britain’s top hospitality groups achieved above-inflation like-for-like sales growth of 5.2% in March 2024, the latest CGA RSM Hospitality Business Tracker reveals.

Hospitality food price inflation remains 'more than double the rate' of retail

03-Apr-2024 By James McAllister

Hospitality food price inflation remains more than double the rate seen in the retail sector despite steady easing over the last year, the latest CGA Prestige Foodservice Price Index reveals.

The Lowdown: Portal Way

22-Mar-2024 By James McAllister

Plans have been approved to build a monolithic, cubed structure in west London that will be home to hundreds of dark kitchens as well as a huge community food hall.

Delivery sales rise 8% in February as takeaways drop again

21-Mar-2024 By James McAllister

Britain’s leading managed restaurant groups achieved year-on-year sales growth of 8% in delivery sales in February 2024, CGA by NIQ’s new Hospitality at Home Tracker shows.

Restaurant groups deliver modest sales growth in February amid 'subdued trading'

14-Mar-2024 By James McAllister

Britain’s top hospitality groups achieved modest like-for-like sales growth of 1.4% in February, the latest CGA RSM Hospitality Business Tracker reveals.

Challenges remain despite continued easing of foodservice price inflation

04-Mar-2024 By James McAllister

The CGA Prestige Foodservice Price Index recorded year-on-year inflation of 12.6% in January — a drop of 1.2 percentage points from December's rate of 13.8%.

Business confidence in hospitality sector falls as costs pressures mount

22-Feb-2024 By Restaurant

Confidence among the leaders of Britain’s top hospitality businesses has fallen due to cost pressures, new research shows.

‘Welcome stability’ in delivery and takeaway sector as sales rise for eighth consecutive month

21-Feb-2024 By James McAllister

Delivery and takeaway sales at Britain’s leading managed restaurant groups last month were 4% ahead of January 2023, CGA by NIQ’s latest Hospitality at Home Tracker shows.

Restaurant sales fall flat in January as consumer spending squeezed

15-Feb-2024 By James McAllister

Britain’s leading hospitality groups generated like-for-like sales growth of just 0.1% in January, the latest CGA RSM Hospitality Business Tracker reveals.

800 licensed premises lost in final quarter of 2023

01-Feb-2024 By James McAllister

Britain’s number of licensed premises dropped by 0.8% in the fourth quarter of 2023, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.

Northern-based hospitality shows resilience in a challenging year

25-Jan-2024 By Restaurant

Northern-based hospitality businesses have reported an average sales growth of 7.2% over the past year, according to new figures.

New border checks ‘threaten resurgence’ in foodservice price inflation

25-Jan-2024 By James McAllister

Apprehension is growing about a resurgence in foodservice price inflation as a result of new border checks, the latest CGA Prestige Foodservice Price Index reports.

Restaurants' delivery and takeaway sales growth slows as volume drops

24-Jan-2024 By Restaurant

Britain’s top managed restaurant groups recorded 1% year-on-year growth in delivery and takeaway sales in December 2023, data shows.

Managed sector toasts 'bumper' December

18-Jan-2024 By James McAllister

Britain’s top hospitality groups generated year-on-year sales growth of 8.8% in December, the latest CGA RSM Hospitality Business Tracker reveals.

Business set to ‘feel the heat’ on food prices ‘for some time to come’

09-Jan-2024 By James McAllister

Analysts have warned that businesses across the food supply chain will be ‘feeling the heat on prices for some time to come’ as inflation continues to fall slowly.

Ordering habits 'evolve' as delivery sales rise and takeaways fall

19-Dec-2023 By James McAllister

Delivery sales at Britain’s top managed restaurant groups rose 4% year-on-year in November 2023, CGA by NIQ’s latest Hospitality at Home Tracker shows — but takeaway sales fell 6%.

Restaurant groups see 'solid' November sales

13-Dec-2023 By James McAllister

Britain’s leading hospitality groups achieved year-on-year sales growth of 4.0% in November, the new CGA RSM Hospitality Business Tracker reveals.

Foodservice price inflation falls to lowest level since August 2022

30-Nov-2023 By James McAllister

Inflation as measured by the CGA Prestige Foodservice Price Index (FPI) fell for the fifth consecutive month in October, dropping to its lowest level since August 2022.

Confidence in hospitality sector climbs again despite cost challenges and rates threat

22-Nov-2023 By James McAllister

The optimism of Britain’s hospitality leaders has risen for the fourth quarter in a row, but they remain concerned about inflation in key inputs, and the challenge of business rates.

Delivery and takeaway sales grow for fifth consecutive month

21-Nov-2023 By Restaurant

Delivery and takeaway sales at the country’s leading managed restaurant groups rose 5% year-on-year in October 2023, figures show.

Wet weather softens growth for managed restaurants in October

15-Nov-2023 By James McAllister

Managed restaurant groups saw year-on-year sales growth slow to 2.7% last month amid widespread poor weather, the new CGA RSM Hospitality Business Tracker reveals.

Britain’s licensed premises drop below 100,000 for the first time in 20 years

30-Oct-2023 By Restaurant

New figures from hospitality trade body UKHospitality show that Britain’s number of licensed premises has fallen by nearly a third (31%) in the past two decades.

'Convenience-driven change' in consumer habits leads to dip in takeaway sales

26-Oct-2023 By James McAllister

Britain’s top managed restaurant groups achieved double-digit growth in delivery sales in September, but takeaways dipped after a 'convenience-driven change' in consumer habits.

Managed groups register 12 months of growth

18-Oct-2023 By James McAllister

Britain’s managed restaurant, pub and bar groups completed 12 consecutive months of year-on-year sales growth in September, the new CGA RSM Hospitality Business Tracker reveals.

Fall in food and drink prices not expected until ‘at least early 2025’

03-Oct-2023 By James McAllister

A fall in food and drink prices, otherwise known as deflation, is unlikely until ‘at least early 2025’, according to analysis from the latest CGA Prestige Foodservice Price Index.

Delivery and takeaway sales rise for third sucessive month

20-Sep-2023 By James McAllister

Britain’s top managed restaurant groups secured a third successive month of year-on-year growth in delivery and takeaway sales in August.

Operators turn to tech to combat staff retention

19-Sep-2023 By James McAllister

Nearly half of hospitality operators are utilising tech to improve staffing challenges such as retention and churn, according to the latest Business Confidence Survey from CGA by NIQ and Fourth.

Poor weather ‘good news’ for the managed restaurant sector in August

13-Sep-2023 By Joe Lutrario

Widespread cool weather kept many consumers indoors and made August a good month for the managed restaurant sector, where like-for-like sales finished 8.6% ahead of August 2022.

UKHospitality: ‘It's near impossible for venues to keep up with the cost of doing business’

08-Sep-2023 By James McAllister

UKHospitality has warned that the rate of inflation means it’s 'near impossible' for operators to keep up with the cost of doing business.

Food inflation in hospitality slows slightly as retail prices begin to fall

07-Sep-2023 By James McAllister

Inflation as measured by the CGA Prestige Foodservice Price Index fell marginally to 21.7% year-on-year in July.

Confidence high amongst hospitality leaders despite ongoing cost and staffing challenges

29-Aug-2023 By James McAllister

Optimism among Britain’s hospitality leaders has risen for the third quarter in a row, the new Business Confidence Survey from CGA by NIQ and Fourth reveals.

Delivery and takeaway sales see second successive month of growth

24-Aug-2023 By James McAllister

Britain’s top managed restaurant groups achieved year-on-year growth in delivery and takeaway sales of 4% in July, CGA by NIQ’s latest Hospitality at Home Tracker shows.

Restaurant groups enjoy sales boost as wet weather dampens growth for pubs and bars

18-Aug-2023 By James McAllister

Britain’s managed market recorded the tenth successive month of year-on-year sales growth in July, the latest Coffer CGA Business Tracker shows, with restaurant groups enjoying a boost of over 10%.

Delivery and takeaway sales return to growth after 18 month decline

01-Aug-2023 By James McAllister

Delivery and takeaway sales at Britain’s leading managed restaurant groups in June were 4% ahead of the same month in 2022, CGA by NIQ’s latest Hospitality at Home Tracker shows.

Food prices in hospitality surge again

31-Jul-2023 By James McAllister

Inflation as measured by the CGA Prestige Foodservice Price Index rose again to 22.6% year-on-year in June — close to the record high of 22.9% in December 2022.

‘Another tough quarter’ for hospitality as more than 1,100 outlets lost in Q2

26-Jul-2023 By James McAllister

Hospitality recorded 1,139 net closures in the second quarter of this year, equivalent to 12.5 outlets shutting each day, according to the new Hospitality Market Monitor.

Pub growth comes ‘at the expense of restaurants’ as sunshine warms up managed groups' sales

26-Jul-2023 By James McAllister

Britain’s managed restaurant, pub and bar groups recorded a ninth successive month of year-on-year sales growth in June 2023, the new Coffer CGA Business Tracker shows.

Business confidence remains ‘well below’ pre-Covid levels as soaring prices pile pressure on hospitality

19-Jul-2023 By James McAllister

Hospitality’s post-Covid recovery continues to be threatened by rising prices in multiple key areas, leaders have warned in the latest Business Confidence Survey from CGA by NIQ and Fourth.

Foodservice prices rise by more than a third in two years

28-Jun-2023 By James McAllister

Year-on-year inflation as measured by the CGA Prestige Foodservice Price Index increased again to 21.6% in May — only just below the record high of 22.9% of December 2022.

London's hospitality sector 'stabilises' in first quarter of 2023

27-Jun-2023 By James McAllister

Central London’s hospitality sector is recovering after suffering hundreds of licensed premises closures during the Covid-19 pandemic, according to the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners.

Muted sales rise for restaurants in May as pubs benefit from bumper bank holidays

21-Jun-2023 By James McAllister

Britain’s leading managed restaurant, pub and bar groups achieved an eighth consecutive month of year-on-year sales growth in May 2023, the latest Coffer CGA Business Tracker shows.

Foodservice price inflation jumps back above 20% in April

14-Jun-2023 By James McAllister

Year-on-year inflation in foodservice prices rose unexpectedly to 21.4% in April 2023, according to the new edition of the CGA Prestige Foodservice Price Index.

Inclusive policies in hospitality demanded by customers, new survey shows

09-Jun-2023 By James McAllister

Almost two-thirds of customers think a venue’s equity, diversity and inclusion (EDI) policy is important, according to the latest Future Shock survey by UKHospitality and CGA by NIQ.

Consumer appetite for hospitality holds steady amid cost of living crisis

07-Jun-2023 By James McAllister

New research from CGA by NIQ reveals consumer demand for Britain’s pubs, bars and restaurants has held steady during months of rising household bills.

Business confidence rising in hospitality despite inflationary pressures

05-Jun-2023 By James McAllister

Optimism among leaders of Britain’s top hospitality groups has risen since the start of 2023, according to the latest Business Confidence Survey from CGA by NIQ and Fourth.

Hospitality facing ‘chronic’ inflationary pressure as growth stalls

24-May-2023 By James McAllister

Hospitality turnover in the last year was down 14.7% compared to pre-pandemic levels when accounting for inflation, according to new figures provided by UKHospitality.

Demand for deliveries and takeaways shows signs of stabilising as sales decline slows

17-May-2023 By James McAllister

Britain’s leading managed restaurant groups saw delivery and takeaway sales drop 1% year-on-year in April, the new Hospitality at Home Tracker from CGA by NIQ shows.

Foodservice price inflation falls below 20% for the first time in five months

12-May-2023 By James McAllister

The food and drink sector received small but welcome relief on soaring prices as inflation dropped to 18.9% in March 2023, the latest CGA Prestige Foodservice Price Index reveals.

London footfall on the rise as workers return to offices

05-May-2023 By Georgi Gyton

London has risen to second place in the latest Top Cities table from CGA by NIQ and Wireless Social, following a bounce back in office workers and visitors to the capital over the first quarter of 2023.

Hospitality records more than 12 closures a day as nearly 4,600 venues shut in a year

02-May-2023 By James McAllister

Britain has suffered a net decline of 4,593 licensed premises in the last year to March 2023, the new Hospitality Market Monitor from CGA by NIQ and AlixPartners shows.