Impact Of COVID-19 On Hospitality
UKHospitality Hospitality Benchmarking Report 2022 Reveals Significant Impact of Covid-19
The report shows that operating costs have increased to challenging levels at 55.2% of turnover before rent – the highest since 2007. This has been driven by the soaring utility, premise and operational costs facing operators in the industry, as operators attempt to rebuild following the pandemic.
