Spending on restaurants and hotels in the United Kingdom drastically declined in 2020 compared to the previous year. During this period, consumer spending fell to 77.45 billion British pounds, a decrease of 42 percent from the previous year. Consumer spending on restaurants and hotels in the UK was significantly impacted by the coronavirus (COVID-19) pandemic which resulted in strict stay-at-home measures across the country to control the spread of the virus. In 2021, consumer spending grew to over 117 billion.
Consumer spending on restaurants and hotels in the United Kingdom (UK) from 2005 to 2021 (in billion GBP)
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Expenditure
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Office for National Statistics (UK). (June 30, 2022). Consumer spending on restaurants and hotels in the United Kingdom (UK) from 2005 to 2021 (in billion GBP) [Graph]. In Statista. Retrieved October 02, 2023, from https://www.statista.com/statistics/476625/restaurant-and-hotels-consumer-spending-uk/
Office for National Statistics (UK). "Consumer spending on restaurants and hotels in the United Kingdom (UK) from 2005 to 2021 (in billion GBP)." Chart. June 30, 2022. Statista. Accessed October 02, 2023. https://www.statista.com/statistics/476625/restaurant-and-hotels-consumer-spending-uk/
Office for National Statistics (UK). (2022). Consumer spending on restaurants and hotels in the United Kingdom (UK) from 2005 to 2021 (in billion GBP). Statista. Statista Inc.. Accessed: October 02, 2023. https://www.statista.com/statistics/476625/restaurant-and-hotels-consumer-spending-uk/
Office for National Statistics (UK). "Consumer Spending on Restaurants and Hotels in The United Kingdom (Uk) from 2005 to 2021 (in Billion Gbp)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/476625/restaurant-and-hotels-consumer-spending-uk/
Office for National Statistics (UK), Consumer spending on restaurants and hotels in the United Kingdom (UK) from 2005 to 2021 (in billion GBP) Statista, https://www.statista.com/statistics/476625/restaurant-and-hotels-consumer-spending-uk/ (last visited October 02, 2023)
Consumer spending on restaurants and hotels in the United Kingdom (UK) from 2005 to 2021 (in billion GBP) [Graph], Office for National Statistics (UK), June 30, 2022. [Online]. Available: https://www.statista.com/statistics/476625/restaurant-and-hotels-consumer-spending-uk/