Hospitality

Pubs have always been at the heart of British culture—a place not only to enjoy a pint but also to connect with the community. Yet in recent years, the survival of the traditional pub has been under increasing threat. Rising costs, staffing shortages, and changing consumer habits have created a perfect storm, leading to closures across the country at an alarming rate. The Numbers Behind the Decline Recent data paints a stark picture: In 2023, more than 500 pubs closed across

Revenue Declines and Market Volatility Hospitality is deeply tied to consumer confidence and discretionary spending. When economic uncertainty rises, individuals and businesses alike cut back on travel, dining, and events. Global disruptions—such as the COVID-19 pandemic—led to substantial profit losses and forced closures, which is still having a ripple effect today. Even as recovery continues, the industry still faces fluctuations due to inflation, shifting demand, and chan