Magnificent may brings some rays of sunshine to hospitality industry

8 June, 2018

After a harsh, prolonged, winter, pub and restaurant owners, and attraction operators, warmly welcomed provisional Met Office figures which suggest that last month was the sunniest and hottest May on record in the UK.

Despite warning that 2018 could be the sectors most difficult year for at least a decade, the last month has delivered cause for cautious optimism.

May was amazing, particularly the first Bank Holiday, which was a record-breaker in terms of revenue and visitors for a number of major attractions across the UK

It was the first bit of good weather we have enjoyed, after a prolonged period of cold, wet conditions, and everyone came out to make the most of it!

Most attractions are still behind on last year, but the outlook is much more positive now.

Two Bank Holidays, the Royal Wedding, FA Cup Final and the presence of an English team in the Champions League Final, all helped to make May the best month of the year so far for those in the hospitality and leisure trade.

With the FIFA World Cup just weeks away, pub and restaurant owners are hoping fans will want to watch the games on big screens in the company of other supporters, which will provide a further boost to businesses.

However, just like those football teams going for glory, there is no room for complacency among hospitality and leisure businesses.

Just because the sun is shining, it doesn’t make everything completely OK again. We are still suffering from the highest cost pressures our industry has ever seen.

With every week that passes, we see more retailers closing their doors. Their employees are customers of the leisure sector, and if they are concerned about their jobs or, indeed, are being made redundant, they are less likely to spend money on a day or evening out.

So while May has been amazing, and very welcome, we are definitely not out of the woods yet. But May has given the industry cause for cautious optimism, and has given the businesses within it a fighting chance.

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