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

Overseas Property

Why 2026 is the Best Year to Invest in Dominican Republic Land

If you’re eyeing Caribbean real estate, 2026 offers an exceptional window to invest in Dominican Republic land. The country has emerged as the fastest-growing Caribbean economy, creating ideal conditions for land investors. Tax incentives, infrastructure projects, and rising international interest are converging at just the right moment. Whether you’re searching for beach land for sale…
Read More
Breaking News

Property expert on how to bag the BEST mortgage deal in today’s market

Finding a good mortgage deal in today’s market demands more than just comparing rates. While the average 2-year and 5-year fixed mortgage rates have gone down this year, they’re still higher than rates pre-pandemic. This means those in their current homes will have to pay more than they once were each month, and new buyers…
Read More
Breaking News

Halloween Named the UK’s Most Popular Moving Day of 2025

Halloween was the most popular day to move house in 2025, breaking the long-standing trend of summer being the busiest time for home moves. We analysed the data and spoke to industry experts to understand why the peak moving day has shifted and why it fell on an international holiday.  Compare My Move reviewed more than 170,000 house moves made in 2025 and…
Read More
for sale sign london
Breaking News

Industry Response to Halifax House Price Index

Industry response to the Halifax House Price Index December 2025 The latest index shows that: – On a monthly basis, house prices fell by 0.6% between November and December of last year. Annually, house prices were up 0.3% versus this time last year, although this annual rate of growth had slowed from 0.7% the previous…
Read More
Breaking News

Halifax House Price Index December 2025

House prices in December 2025 were 0.3% higher compared to the same month a year earlier. UK house prices dipped in December • House prices dipped by -0.6% in December, following a -0.1% fall in November • Average property price is now £297,755, the lowest since June • Annual growth slowed to +0.3%, down from…
Read More
Breaking News

Homebuyer demand returns following Autumn Budget

New research from Property DriveBuy reveals that Bristol, Tyne & Wear, and South Yorkshire emerged as the UK’s most in-demand areas of the housing market following the Autumn Budget, with as many as 61% of homes listed for sale successfully securing a buyer in Q4 2025. Property Drivebuy analysed residential listings data across the nation…
Read More