Buoyant Sales performance for Hospitality Operators In March 2019.
According to an analysis of more than 100 organisations that use S4Labour software, operators had strong sales during March 2019, with food sales and drink sales up in both dry-led and in wet-let sites.
Going into April’s annual National Price Hike Day and an increase in The National Living Wage, the sector saw an overall picture of 3.7% positive growth compared to like for like sales from the same month last year. The most impressive results came from venues that were food-led. In venues where sales were predominantly made up from food, both food and drink sales were up an impressive 5.4%.
Drink-focused businesses also fared well, if not as strongly as food focused business. The sales growth in wet-led venues were 2.4% on like for like sales from the same month last year, made up predominantly by a 2.7% uplift in drink sales and bolstered by a 0.8% increase in food sales.