UK restaurant. Photo by Robert Bye on Unsplash

CGA says UK hospitality industry still faces “very real” issues

Karl Chessell, CGA’s business unit director for hospitality operators and food, EMEA, reiterated that the pandemic has ‘inflicted massive damage’ into the sector, through the forced closure of thousands of businesses Despite some 79% of business leaders expressing optimism for the future, they also face the “very real” issues of staff shortages, rising costs and high debt levels, according to the latest Future Shock report from CGA and UKHospitality. Karl Chessell, CGA’s business unit director for hospitality operators and food, EMEA, reiterated that the pandemic has “inflicted massive damage” to the…

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Restaurant waiter– photo by Louis Hansel on Unsplash

UK hospitality vacancy advertisements rise by 73%

Job postings in May and June 2021 rocketed 73% month-on-month for roles in the hospitality industry, whilst applications were down by 0.3%, according to new data from independent job board CV Library. In addition to its findings, a recent report by the online training provider, High Speed Training,  found that a third (33%) of the public felt that roles in hospitality offered “little progression” and are not considered careers for life, with further negative perceptions around low salaries and workplace stress. High Speed Training warned that business owners are now at “breaking…

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Restaurant near mall. Server in mask. Photo by Danielle Rice on Unsplash

Industry leaders predict ‘positive outlook’ for hospitality after lockdown

The UK’s hospitality industry will have a “broadly positive future”…. …according to leading industry figures who spoke at the latest installment of Colliers’ ‘Real Estate Restructuring Strategies: Beyond Covid-19’ webinar series. Among the panellists were Peter Stevens, the former UK TMA president and senior advisor at SME Capital; Nicholas Northam, executive vice-president international at Interstate Hotels and Resorts; Ben Godon, head of hospitality and asset management at Colliers; and Ross Kirton, head of UK leisure agency at Colliers. The ‘Life After Lockdown’ webinar specifically examined how hospitality operators can attract…

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