Pubs and restaurants report a good June
Pub and restaurant groups reported a rise in like-for-like sales in June, as the half-term holidays and the “World Cup effect” helped operators recover from a decline in sales during May.
The latest Coffer Peach Business Tracker, which monitors the performance of 23 major pub and restaurant groups including Mitchells & Butlers, Whitbread and Gondola, found like-for-like sales climbed by 3.9% last month, against a 0.3% decline in May.
Total sales, including new openings, were up 4.7% on 2010, as operators benefited from the half-term school holidays and the lack of a major football tournament this year.
Pub and restaurant groups had reported the first fall in like-for-like sales this year in May, as they suffered a post-Easter and Royal Wedding hangover and felt the impact of the poorer weather.
The new figures also show that pubs and restaurants continued to out-perform the retail sector.
According to the British Retail Consortium / KPMG Retail Sales Monitor total UK retail sales were up just 1.5% in June.
Richard Hathaway, Head of Travel, Leisure and Tourism at KPMG UK, said: “These are pretty respectable figures, showing that smart operators and dynamic brands in the sector continue to take a growing share of the UK consumer's hard earned and shrinking disposable income. Eating-out is still on the agenda for many households, despite considerable doom and gloom in the economy, and there being no real sign of this changing before the end of the year.”