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Friday Five: the week's top news


Friday Five: the week s top news
This week s main hospitality news stories include the reopening of indoor trading, more expansion for Gordon Ramsay Restaurants, and the return of the Estrella Damm National Restaurant Awards
- Sales at Britain’s restaurants, pubs and bars
were up by a quarter on pre-Covid levels​​ as consumers returned for the first day of indoor service on Monday (17 May). Data from CGA shows that reopened managed venues’ average sales were 24.9% higher than on the equivalent Monday in May 2019. Food sales jumped 29.6% as consumers took advantage of the opportunity to eat inside again for the first time this year in England and Wales, while drinks sales were up by 21.2%. These latest figures follow recent CGA data indicating strong sales for pubs, bars and restaurants over the first fortnight of outside-only service from 12 April, but more difficult trading conditions amid poor weather in early May. CGA’s Mark ....

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Performance Of Smaller, Economy Hotels Close To 2019 Levels


Performance Of Smaller, Economy Hotels Close To 2019 Levels
Week-Over-Week Performance Growth Remains at Standstill for US Hotels
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Small to midsized hotels, with fewer than 300 rooms, and hotels in the economy segment continue to lead the U.S. hotel industry recovery, with demand over the past six weeks reaching 90% or more of 2019 levels.
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Average occupancy at small to midsized hotels was 60% in the week of April 24, while demand for large hotels, with more than 300 rooms, was less than half of what it was in 2019.
Demand at economy hotels was 99% of the level achieved during the same week in 2019, while upper-upscale hotel demand was just 44% of 2019 levels. ....

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