UKH Warns of Persistent Inflation Due to Rising Business Costs
The UK Hospitality (UKH) association has issued a warning about the potential for “entrenched inflation” as businesses face mounting costs. Like many others, the hospitality industry is grappling with significant increases in expenses, posing a risk of long-term inflationary pressures. The cost surge is attributed to various factors, including rising energy prices, escalating wages, and […]
Rising Food Costs Exert Pressure on the Hospitality Industry
Spiralling food costs are putting enormous pressure on the hospitality industry in the UK. According to a new report from Fourth, ongoing hikes in food and drink prices are causing significant challenges for hospitality operators. The supply chain fragility caused by the pandemic and the war in Ukraine is also contributing to the problem. The […]
High Third-Party Fees Lead to 31% of Pub Guests Booking Directly
High third-party fees are leading to a significant number of pub guests booking directly with the establishment. According to recent statistics, 31% of guests are choosing to book directly with pubs, rather than using third-party booking sites. This trend is thought to be due to the high fees charged by third-party booking sites, which can […]