Licensed Property News: 2012 could be a good year to buy a pub
By: Paramount-Magazine Published Date: 14 Feb 2012 17:13
This year looks like being a good time to invest in the pub trade.
Despite stories of doom and gloom, a survey conducted by business advisory firm Zolfo Cooper shows that the number of people visiting public houses is on the up.
On average Brits visit the pub 4.6 times a month. This is up from 4.3 per cent per month since last summer and significantly higher than in 2010.
However, the research shows that the average person is spending a little less on each visit, not that it really matters to landlords when they are calling in more often.
Similarly, UK restaurants and night clubs are reporting that while spending has slightly decreased the number of visits has risen.
Paul Hemming, partner of corporate advisory services at Zolfo Cooper, said: “Consumers now recognise that they still afford to go out regularly and enjoy themselves, provided they spend a bit less on each night out.”
Pete Brown of the Publican’s Morning Advertiser recently pointed out that 2011 was actually a very good year for the licensed trade despite stories to the contrary.
23 Feb 2012
Licensed Property News: 2012 could be a good year to buy a pub
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Should smoking be banned OUTSIDE pubs? - Silver Surfer Today
Health researchers have suggested extending the smoking ban to OUTSIDE bars to stop the increase in "social smoking".The international study, published online in the journal Tobacco Control, said smoking and drinking often go hand in hand.
And, while the prevalence of smoking per se has decreased, social smoking has increased among young adults, say the authors.
Lead author, Professor Janet Hoek, of the University of Otago in New Zealand, said: "Introducing smoke-free outdoors bars could reduce social smoking by removing cues that stimulate this behaviour and changing the environment that facilitates it."
Pub Visits Up by 2.2%
Pub Visits Up By 2.2%
The Wall Street Journal reports that pub visits are up 2.2% compared with a survey last year, with the average U.K. consumer going to the pub 4.6 times a month. The results come from advisory firm Zolfo Cooper in its bi-annual survey of 3,000 consumers.However, average spend fell by 9.5% per pub visit to £14.69, in line with falling incomes across the country.Zolfo Cooper analyst Paul Hemming said the numbers are a sign the leisure sector may be able to capitalize on 'austerity fatigue', even as U.K. consumer spending is under pressure from tax hikes, spending cuts, rising unemployment and below-inflation pay rises.
"Consumers are increasingly aware that the economy is experiencing a prolonged trough not a dip, and that wages and growth will not be rising dramatically any time soon. After at least two years of virtuous belt-tightening, they are fed up of being stuck indoors by an austerity curfew and are now beginning to venture out more often."
The pub sector is profiting from two different trends--families treating themselves to an eat-out meal, and the rising popularity of casual dining in pubs as consumers trade down from eating out in more expensive restaurants.
22 Feb 2012
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21 Feb 2012
Alistair Campbell Sees Saving The Pub as Positive Alcohol/ Health Strategy
Alistair Campbell Sees Saving The Pub as Positive Alcohol/ Health Strategy
Professor Sir Ian Gilmore, a leading expert on liver disease, says he “regrets” the decline of the British pub because they might help prevent binge-drinking, reports the Express on Sunday.With pubs closing at the rate of 16 a week, Professor Gilmore tells Alastair Campbell in the Panorama documentary: “They do provide a social milieu, particularly in rural areas, and drinking is controlled to some extent and those controls aren’t there at home.”
Sir Ian is chairman of the UK Alcohol Health Alliance, a union of more than 30 medical bodies, charities and health campaigners set up to tackle alcohol misuse.
Publicans have attacked the way drink is sold in supermarkets, claiming they sometimes sell booze as a “loss leader” to lure customers in to other parts of the store. They suggest cutting the duty on real ale sold in pubs and raising the duty on supermarket alcohol, which, they say, would tempt people back to pubs where drinking can be regulated.
Mr Campbell said: “The Government has to work out its alcohol strategy and objectives. If you lament the loss of the pub, one objective would be to help the rural pub, and maybe the inner-city pub, do better. A lot of that will be down to how they run their own business but there will be issues such as the cost of televisions and televising sport in pubs.I don’t know but saving the pub could be in the context of framing an overall alcohol/health strategy
15 Feb 2012
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