Hospitality groups report 3.6% growth in May
The tracker found that year-on-year growth was highest in the pub sector at 4.4%, while restaurants achieved growth of 3.8%
Hospitality groups across Britain achieved year-on-year sales growth of 3.6% in May 2024, despite “disappointing” weather and the ongoing effects of inflation, the CGA has reported. According to the latest CGA RSM Hospitality Business Tracker, this marks a “quick return to growth” after a 1.7% drop in trading in April, which followed six consecutive months of positive numbers.