“Eat to help” has not boosted the finances of the hotel sector – survey | Company

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The government’s £ 500million grant for restaurant and pub meals failed to improve the finances of the UK’s hotel and catering industries in the third quarter, according to a survey of companies.British Chambers of Commerce said 66% of those in the hospitality industry reported a drop in sales and bookings between June and the end of September.

Citing responses to its quarterly economic survey, which surveyed 6,410 companies employing 580,000 people, the BCC said the drop in income experienced by two-thirds of hotel and restaurant businesses was far greater than the average drop of 46% in all sectors.

A spokesperson for the BCC said the ‘Eat Out to Help’ program, which ran throughout August and offered discounts on meals in pubs, restaurants and cafes, had a “fairly marginal” impact on the sector as a whole.

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