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Economy

Pub Visits in Sharp Decline as New Restrictions Loom

Source: https://huq.io/indicators/pub-visits-in-sharp-decline-as-new-restrictions-loom/

Visits to pubs across the UK took a tumble in September as the stimulus of Eat-Out-to-Help-Out appears to be running dry and large parts of the country face renewed restrictions.

Huq’s Index for Restaurants & Pubs, which measures daily footfall across the industry, had identified signs of a positive recovery throughout August. However, the rate of growth has reversed in the last few weeks with visits halving in pubs. Restaurants and even QSR paint a similar picture.

Reports suggest that “irresponsible drinking” has caused a sharp rise in cases in parts of the UK and tighter restrictions continue to create a challenging trading environment for the UK’s publicans. Further analysis in the coming weeks and months will offer clues as to what kind of winter the sector could be facing.

To learn more about the data behind this article and what Huq has to offer, visit https://huq.io/.

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LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us