In the UK alone, the Government estimates the sector was worth £69.5 billion in 2025, with more than 170,000 businesses employing 2.6 million people.
And while there are plenty of reasons to be cheerful and optimistic, there are warning signs.
“The are definite headwinds for the hospitality sector,” says Paul Ferguson, Head of Enterprise Hospitality at Elavon Europe.
“The cost of labour, supplies and more is having an impact on everyone’s bottom line.
“Now is the time of offering great experiences. The cost-of-living crisis has resulted in a shift in consumer spending behaviour.”
Maintaining standards and offering an unforgettable experience all while protecting your profits is the challenge.
Doing what you do already, but do it better. To help you make the most of what you’ve got, we’ve put together this comprehensive whitepaper.
What you’ll find in the report