Are we seeing the Hospitality Sector fold before our eyes?

Roux an Parliament Square

2020 has been a disaster for many businesses sectors with most severely effected that of hospitably and tourism. We have all heard the crazy headlines from alcohol sales banned in pubs along with you can only have a pint of beer if you order a large enough Scotch egg. Especially pubs and restaurants, they have been put through the drier what with being told they can re-open and then not, restricted seating, no alcohol selling, earlier closing times and then thrown in to tiers completely turning their world upside down (again). Being connected to the hospitality myself, and especially during this covid-19 horror show, I can vouch that they are some of the most hygienic places to visit.

Following almost three months of lockdown due to the coronavirus (COVID-19) pandemic, restaurants in the United Kingdom were allowed to re-open on July 4, 2020 providing they followed strict hygiene conditions to prevent a second wave of virus. A week later on July 11, the number of seated diners in UK restaurants were still down by around 45 percent, but began to gradually increase. The country reintroduced lockdown measures affecting restaurants on November 5, following an increase in the number of new COVID infection cases. As of December 1, 2020, the percentage of seated restaurant diners in the UK was around 96.05 percent lower than the last year’s figures.” source statista

Social media has been awash of updates from disillusioned and disappointed people in the restaurant and pub trade, commonly we see photos of barrels of beer being poured down the drains or food thrown away (I have seen innovative solutions by some restaurants where they simply sold off food stock at the local markets). Places once normally busy with visitors are now closed or on restricted hours and working conditions, many times we walk past what was once a vibrant pub though now simply all dark inside with stalls stacked on tables.

There are many headlines online sharing updates more towards closures of restaurants and bars rather than opening, for example ‘These notable Chicago restaurants and bars have now permanently closed‘. Across the country with many independents, there has been a steady closure of hospitality venues that now includes famous names such as that of ‘Roux’ restaurant at Parliament Square in London’s Westminster.

It is expected that in January 2021 the government will enforce stricter tiers and many more hospitality venues will be forced to close again and it is for sure that for many it will be their ‘last time of closing’ – The furlough payment scheme is due to end at the close of March 2021 and it is very much expected that the full force of the devastation within hospitality sector will be seen.

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

to let sign 2025
Breaking News

Thames Valley Rents Surge to £1,448 – 6% Above UK Average

Average rents in Thames Valley reach £1,448 pcm, nearly 6% above the UK average, new report reveals Rents in Thames Valley reach £1,448 pcm, nearly 6% above the UK average of £1,369 Wokingham and Reading highlighted as key areas of interest for renters and investors Renters in Thames Valley are more likely to be older than anywhere else in…
Read More
Breaking News

July’s HMRC Property Transactions Report

Headline statistics Headline statistics from the latest transactions data include: the provisional seasonally adjusted estimate of the number of UK residential transactions in July 2026 is 96,710, 1% lower than July 2025 and 2% lower than June 2026 the provisional non-seasonally adjusted estimate of the number of UK residential transactions in July 2026 is 106,620, 5% higher than July…
Read More
Breaking News

Almost half of homesellers hit by broken chains

The latest research from House Buyer Bureau has revealed that almost half of home sellers who form part of a property chain have seen that chain break during the sales process, with buyers changing their minds and pulling out by far the most common reason why.   House Buyer Bureau commissioned an independent survey of 1,072…
Read More
Social Housing 2019
Breaking News

Only 1 in 10 new-build homebuyers happy

Just 1 in 10 new-build buyers got the home they wanted before moving in   The latest research from UK Property Development (UKPD) has found that just 11% of people who purchased a new-build home in the past two years were able to personalise their property exactly as they wanted before moving in. As a…
Read More
Breaking News

One-third of tenant income in the UK goes on rent

Lomond’s Summer 2026 Quarterly Insights report reveals tenants now spend an average of 32.7% of their yearly income on rent UK average rents rise to £1,369pcm, increasing by +4.3% in the same period last year Average rent in London reaches £2,418pcm, 76% higher than the UK average The average age of renters across the UK is now 31.5   Lomond, the UK’s leading network of lettings and sales agents, has…
Read More
Finance

Six in 10 UK businesses look to adapt operations in response to extreme heat

37 per cent have increased heat-related investment, with 23 per cent considering it Cooling equipment, including air conditioning and ventilation, is the most common investment priority (28 per cent) Barclays anonymised client data shows that air conditioning suppliers saw cash inflows increase by 4.3 per cent year-on-year into Barclays accounts Consumers claim 25.1°C is their…
Read More