Industry reports strong year-on-year growth for September

by | Oct 4, 2023 | Sales Figures

Hospitality sees an impressive surge in like-for-like sales for the month of September, as reported by S4labour. Overall, the sector experienced a remarkable 9.6% increase in year-on-year sales. 

London led the charge with an 11.5% boost, with growth underpinned by a 16.7% increase in food sales. 

Non-London regions across the UK also experienced robust growth, with a 9.1% increase in like-for-like sales compared to the same period last year. 

Richard Hartley, Chief Growth Officer at S4labour, commented: “These figures come as a much-needed boost to the UK’s hospitality sector and are ahead of inflation levels for the first time in a while. The good weather in September likely helped with this resurgence in consumer confidence for dining out. As we move into the final quarter of 2023, we should be cautiously optimistic about sustaining this upward trajectory.”  

Other Articles You May Like...
January brings strong growth for UK Hospitality

January brings strong growth for UK Hospitality

The latest figures from S4labour show another encouraging month for UK hospitality, with overall like for like sales up 5.5% in January compared to the same period last year. This builds on the momentum seen in December, when sales rose 3.4%. London delivered another...

read more
Happy New Year

Happy New Year

I think this message rings hollow for a lot of hospitality operators. Over the last few years, we have seen our cost base increase massively, and for many people, waking up in the new year has meant worrying about their businesses. Let’s not forget there are a...

read more