Coffer Peach Business Tracker has reported that managed pub and restaurant groups are enjoying a strong start to 2014 with collective like-for-like sales up 4.4% in April against the same month last year. This follows a 4.6% increase in March and 13 months of like for like growth for the previous 13 months.
These encouraging results are both inside and outside London, “during April businesses outside of the M25 performed in general better, with collective like-for-likes up 4.8%,” said Peter Martin of CGA Peach.
The Coffer Peach Tracker industry sales monitor for the UK pub and restaurant sector collects and analyses monthly performance data from 28 operating groups, and is recognised as the established industry benchmark.
CGA Peach is an innovative business intelligence and networking business, part of the CGA Strategy company. It provides unique research, analysis, insight and market access in the UK eating and drinking-out market.