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Economy

Takeaway and Delivery Prop Up Hospitality During Second Lockdown

Source: https://huq.io/indicators/takeaway-and-delivery-prop-up-hospitality-during-second-lockdown/

As we approach the end of the first week of lockdown 2.0, the Huq Index shows that footfall across the UK’s foodservice outlets appears to be holding stronger than it did when businesses were forced close earlier this year.

Following a sharp drop on summer levels, the trend of footfall levelling out has continued over the last week with levels yet to drop much lower than a fifth of usual trade. By contrast, April through to June this year saw levels drop and stay near zero.

The Huq Index shows how Quick Service Restaurants have suffered the biggest drop in footfall over the last few weeks with Pubs and Restaurants more resilient. Could the sector have adapted to be better geared towards takeaways this time round? Further analysis in the coming days will show how consumer continue to react to the new regulations.

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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The email you entered is not valid.

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