Pubs and restaurants see sluggish November sales
Major pub and restaurant groups saw slugglish growth over November 2010, with like-for-like sales up 0.4%, the slowest growth rate since May.
New data provided by the Coffer Peach Business Tracker showed that total sales including new openings were up 1.7%. But month-on-month sales were down 5.5% compared to October.
Mark Sheehan, managing director of Coffer Corporate Leisure, said: "These numbers demonstrate tough trading as we head towards the key Christmas period."
"While the leading operators have managed another month of like-for-like] growth, the outlook for the sector remains relatively challenging," Richard Hathaway, head of travel, leisure and tourism at KPMG added.
Meanwhile, December's trading is expected to be adversely affected by the freezing weather.
The monthly Coffer Peach Business Tracker, monitors sales performance across 17 major pub and restaurant operators, including Mitchells & Butlers, Whitbread, Pizza Hut, Punch Pub Co, Gondola and Tragus.
Pub and restaurant like-for-likes up for fifth month in a row >>
Consumers shift to big restaurant brands >>
Cold snap drives down sales in pubs and restaurant sales >>
By Neil Gerrard
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