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‘Late night levy’ must go

Kanchan Nath

- January 30, 2023

New figures from the Office for National Statistics (ONS) shows hospitality is fuelling the night-time economy but worrying trends are emerging, particularly the loss of 800,000 workers in the past six years.

Nightclubs, bars, restaurants and cafes are responsible for 42% of customer spend after 6pm, the largest of those examined by the ONS, which demonstrates the strong public demand for our late-night offering.

The figures show the sector remains a key employer, with 8.7 million people working at night, but the significant loss of workers over the past six years and the continued drain on turnover by the Late Night Levy is preventing venues taking advantage of high demand.

UKHospitality chief executive Kate Nicholls said: “This new data shows how important the night-time economy is to communities across the UK; as a critical employer and its role driving footfall to towns and cities to visit our late-night venues.

“Hospitality is the main attraction in the night-time economy, with almost half of consumer spend taking place there, but there’s so much more we can do if barriers to doing business are removed. The loss of nearly a million workers from the sector just shows the pressure it is under.

“The Late Night Levy can be one of the main drains on business, costing venues £365,000 (approx. USD 4,51,906.50) last year and stifling the sector’s recovery from the pandemic. Its introduction has been a failure and removing such an ineffective levy, which local authorities and a House of Lords Committee both concluded has not been successful, would provide much-needed relief for affected venues.

“After a pandemic where late-night venues could scarcely open and now a cost-of-living crisis, we need to see a concerted effort by Government and local authorities to back our night-time economy. Supporting positive measures such as the agent of change principle would be a great help to the sector, as would planning and licensing policies that recognise the benefits the late-night sector brings.”

 

 

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

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Join our global community of over 5 million travel and hospitality executives.

‘Late night levy’ must go

Kanchan Nath

- January 30, 2023

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats
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