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Economy

Last Orders: Pub Visits Surge as New Restrictions Announced

Source: https://huq.io/news/last-orders-pub-visits-surge-as-new-restrictions-announced/

Footfall to Pubs reached a post-Covid high on Saturday, with Huq’s Daily Index climbing to almost 100% of Year-on-Year levels – a drastic change in the downward trend which had emerged over the last month as the sector grappled with an Eat Out to Help Out hangover.

With unseasonably warm weather over the weekend and threats of an imminent second lockdown murmuring, punters appear to have been tempted into a final evening in the pub. The data suggests they pre-empted well, with Boris calling time on nights out and announcing 10pm curfews on pubs and new attendance restrictions yesterday. Huq’s Index for Restaurants & Pubs, had recorded a similar rise at the end of Eat Out to Help Out as punters took advantage of one of the last days of the scheme on Wednesday 26 August, but had since been yet to see levels climb much above 50%.

The index suggests that despite Pubs seeing a sharp rise over the weekend, Restaurants and Quick Service Restaurants remained relatively stable and neither have seen footfall rise above 50% of YOY levels.

The new restrictions have arrived at great criticism from the hospitality sector, and further analysis of Huq’s Index will offer some clues as to the impact of being forced to close early and losing the last sitting.

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

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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.

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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