Hospitality sector to surpass £100b mark in 2018 | The Caterer

The total combined turnover of UK hospitality business is set to surpass £100b in 2018, according to a new analysis of government figures.

Official data from the Office for National Statistics (ONS) showed that all businesses providing ‘accommodation and food services’ reached £98b in 2017, up from £92b in 2016 and £86b in 2015.

The sector has consistently grown at between 5% and 6.5% year on year for the past five years according to recruitment platform Adia, and it predicted that even modest growth of 2% would carry the sector over £100b this year.