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Economy

UK Restaurants Lead Hospitality Recovery, But Footfall Remains Low

Source: https://huq.io/indicators/uk-restaurants-lead-hospitality-recovery-but-footfall-remains-low/

Footfall to UK restaurants has risen sharply following the end of the second national lockdown, but levels remain around a fifth of what they usually are at this time of year.

The Huq Index suggests that the recovery of restaurant trade could be taking more of a ‘V’ shape than the gradual recovery seen after the first national lockdown ended on 4 July. However, with many businesses in tier three forced to offer takeaway only and spontaneous footfall severely hindered, the weekly mean has yet to rise any higher than 20% of usual levels.

With pubs across the country having to pivot their usual business and many that don’t offer food forced to close, the pub sector has yet to reach a tenth of usual levels.

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