Hospitality confidence is broken as sector continues to face Covid impact

Tuesday, December 8, 2020

This is 42 percentage points lower than the 60-point consensus in the February issue of the poll, before the pandemic.

In the most recent firm confidence survey conducted by CGA and Fourth, only 18% of executives are optimistic for the year to come

Four-and-a-half years after the EU referendum, only half (51%) of Heads of State and Government felt they were well prepared for the UK's EU exit at the end of the year.

Wider constraints imposed over the autumn mean more than a quarter (27%) of cross location business leaders expect them to remain unviable within the first six months of 2021 if current levels of support continue.

Companies that run a one-site facility are even more likely to fail, according to the survey.