Fourth
Ongoing price hikes continue to impact hospitality profitability
Continuing supply chain issues leading to ongoing hikes in food and drinks prices are adding stress to hospitality operators’ profitability.
Average of 6% of hospitality staff leave jobs each month, report claims
The hospitality industry is having to replace an average of 6% of the labour force each month, according to data from Fourth.
Hospitality food costs rise 'by up to 40%' as inflation hits prices
Staff recruitment and retention remain major concern for hospitality
Number of EU workers in hospitality drops 26% in two years
The number of EU workers in the UK hospitality industry has dropped 26% in the last[...]
Proportion of EU workers in hospitality sector at lowest level since 2016
The proportion of workers in the hospitality sector from the European Union is at its lowest[...]
Only two in five hospitality businesses are trading at a profit
Only two in five hospitality business leaders say their sites are now trading at a profit[...]
Three-quarters of hospitality businesses planning recruitment drive
Three-quarters of business leaders will be looking to recruit new staff members and grow their teams[...]
Hospitality job losses hit 650,000
Hospitality has seen 650,000 job losses this year due to the impact of coronavirus restrictions on the industry, according to software provider Fourth."
Hospitality's confidence shattered with fewer than one in five optimistic about market’s prospects
The Covid-19 pandemic has wrecked confidence across hospitality, with fewer than one in five (18%) leaders optimistic about the market’s prospects for the next 12 months.
Around 500,000 job losses in the hospitality sector since January
There have been around 500,000 job losses in the hospitality sector since January, according to figures from software provider Fourth.
Eat Out To Help Out successful despite sales drop in week two
Latest consumer data has shown a slight decrease in sales for the second week of the[...]
Ben Hood steps down as CEO of Fourth
Ben Hood has stepped down as chief executive of workforce provider Fourth, with Clinton Anderson announced[...]
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