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Ongoing price hikes continue to impact hospitality profitability

26 June 2023 by

Continuing supply chain issues leading to ongoing hikes in food and drinks prices are adding stress to hospitality operators’ profitability.

News

Average of 6% of hospitality staff leave jobs each month, report claims

01 August 2022 by

The hospitality industry is having to replace an average of 6% of the labour force each month, according to data from Fourth.

Hospitality food costs rise 'by up to 40%' as inflation hits prices News

Hospitality food costs rise 'by up to 40%' as inflation hits prices

18 July 2022 by
Staff recruitment and retention remain major concern for hospitality News

Staff recruitment and retention remain major concern for hospitality

19 April 2022 by
National Living Wage rise boosts salaries of front-of-house workers News

National Living Wage rise boosts salaries of front-of-house workers

07 April 2022 by
Hospitality leaders' confidence levels rise, but cost pressures threaten recovery News

Hospitality leaders' confidence levels rise, but cost pressures threaten recovery

05 April 2022 by

Number of EU workers in hospitality drops 26% in two years News

Number of EU workers in hospitality drops 26% in two years

26 November 2021 by

The number of EU workers in the UK hospitality industry has dropped 26% in the last[...]

Proportion of EU workers in hospitality sector at lowest level since 2016 News

Proportion of EU workers in hospitality sector at lowest level since 2016

26 July 2021 by

The proportion of workers in the hospitality sector from the European Union is at its lowest[...]

Only two in five hospitality businesses are trading at a profit News

Only two in five hospitality businesses are trading at a profit

24 May 2021 by

Only two in five hospitality business leaders say their sites are now trading at a profit[...]

Three-quarters of hospitality businesses planning recruitment drive News

Three-quarters of hospitality businesses planning recruitment drive

11 March 2021 by

Three-quarters of business leaders will be looking to recruit new staff members and grow their teams[...]

News

Hospitality job losses hit 650,000

Hospitality has seen 650,000 job losses this year due to the impact of coronavirus restrictions on the industry, according to software provider Fourth."

08 December 2020 by
Hospitality's confidence shattered with fewer than one in five optimistic about market’s prospects News

Hospitality's confidence shattered with fewer than one in five optimistic about market’s prospects

04 December 2020
by

The Covid-19 pandemic has wrecked confidence across hospitality, with fewer than one in five (18%) leaders optimistic about the market’s prospects for the next 12 months.

Around 500,000 job losses in the hospitality sector since January News

Around 500,000 job losses in the hospitality sector since January

05 November 2020
by

There have been around 500,000 job losses in the hospitality sector since January, according to figures from software provider Fourth.

Eat Out To Help Out successful despite sales drop in week two News

Eat Out To Help Out successful despite sales drop in week two

17 August 2020 by

Latest consumer data has shown a slight decrease in sales for the second week of the[...]

Products

Ben Hood steps down as CEO of Fourth

11 December 2019 by

Ben Hood has stepped down as chief executive of workforce provider Fourth, with Clinton Anderson announced[...]

Confidence returning to sector despite Restaurant

Confidence returning to sector despite "host of pressures on the market"

04 June 2018 by

CGA, Prestige and Fourth join forces for sales performance tracking Foodservice

CGA, Prestige and Fourth join forces for sales performance tracking

19 October 2017 by

Foodservice

Accelerated wage inflation puts pressure on hospitality employers

07 June 2017 by
Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

© {{year}} All rights reserved. Jacobs Media Group Limited is a company registered in England and Wales, company number 08713328. 3rd Floor, 52 Grosvenor Gardens, London SW1W 0AU.

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