UK hospitality sector to generate £100 billion turnover this year

ONS data shows that the hospitality sector has grown around 6% every year since 2013 and is set hit £100 billion in 2018.

The total turnover of all UK businesses in the hospitality sector providing 'Accommodation and Food Services Activities’ will reach £100 billion this year, according to an analysis of ONS data by recruitment platform Adia. 

Total turnover of all hospitality businesses reached £98 billion in 2017, up from £92 billion in 2016 and £86 billion in 2015. 

The analysis  also revealed that the number of people employed in the sector is now more than 2.3 million.

That means a 21% increase compared to 2013 - when the total amount of people working in the industry stood at 1.9 million.

Adia CEO Ernesto Lamaina said: "Our analysis indicates that the amount of people working in the sector has increased by over 409,000 in the last five years, which is testament to the health of the industry.

"However, as we’re seeing across the entire economy – the way we’re working and employing is changing. Employees expect flexibility and often, employers require it - businesses must respond to that. 

The number of companies providing accommodation and food services activities in the UK has grown by almost 20% the last five years, having reached 202,060 - up from 169,235 in 2013.

For more features and breaking news sign up to C&IT Magazine's daily Newstracker here 

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Deadline this week for entries to C&IT Awards

Deadline this week for entries to C&IT Awards

The deadline to enter the C&IT Awards is 11.59pm on Thursday 27 June, so get your submissions in!

'If agencies paid more attention to training they would have a higher retention rate'

'If agencies paid more attention to training they would have a higher retention rate'

A-List 2019: Sam Ward, lead projects & event manager, Brandfuel.

In pictures: The first ever C&IT Summit

In pictures: The first ever C&IT Summit

London's Congress Centre hosted an industry gathering featuring panel debates, networking and virtual reality.

Winners of Best Places to Work 2019 revealed

Winners of Best Places to Work 2019 revealed

Best Places to Work award winners and top 20 agencies announced at C&IT Summit drinks reception in central London.

The Hague: A global innovation and events hub

Driving innovation is a key theme for many business events and conferences, and brands looking for a destination with an open-minded and entrepreneurial spirit to amplify that message should head to The Hague.

'The industry is so wasteful, it's a shame'

'The industry is so wasteful, it's a shame'

A-List 2019: Smyle's production manager Nick Thomas.

48 hours in... Wales

48 hours in... Wales

Two days of meetings and activities in wonderful Wales, from Chateau Rhianfa to gorge-walking.

TfL appoints WRG to run events on London's Car Free Day

TfL appoints WRG to run events on London's Car Free Day

Agency will manage creative programming of day in September and provide full event management support.

'Surround yourself with collaborative and 'can-do' people you can rely on'

'Surround yourself with collaborative and 'can-do' people you can rely on'

A-List 2019: Adam Stanley, commercial director at Event Concept.

Why the future of events is sustainable

Why the future of events is sustainable

Producing sustainable events gives you a competitive advantage, says Matthias Schultze of the German Convention Bureau.

LATEST JOBS