Insights on Hospitality Recovery Report – October

Explore the latest insights on the hospitality sector’s performance throughout October

As England goes into a second lockdown, Fourth have once more collated insights in partnership with Wireless Social to share a comprehensive report exploring the current state of the hospitality industry.

The latest study indicates that the number of job leavers continues to significantly outweigh the number of new starters, a trend seen throughout August and September, since the industry began reopening following the first lockdown.

In this detailed report we’ve shared insights including:

  • There have been 500,000 sector job losses since January
  • There has been a 21% drop in overall staff headcount compared to October 2019
  • There were approximately three leavers for every one starter throughout October
  • The total staff headcount across SMEs was down by 23.3% versus October 2019
  • This is compared to large scale, national operators  where the drop in staff headcount was 16.8% versus October 2019

To explore these and further insights, check out the report now.

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