News

Bars Prepare for Bumper Bank Holiday Sales

26th August 2016

British pubs and bars are gearing up for one of the most profitable weekends of the summer, with an additional £41 million expected to be pumped into the industry over a three day period.
 
Based on last year’s figures, the colossal £41,850,000 equates to each pub taking an average of £837 additional income across the weekend as the public flock for refreshments.
 
A recent survey conducted by Epos Now revealed that pubs and bars across the UK experienced a 21% rise in revenue across the Bank Holiday weekend last year (Sat 29 - Monday 31st August) in comparison to the Saturday-Monday immediately prior (Sat 22- Monday  24th August).
 
Of the 500 pubs and bars polled, the study also discovered that sales on Bank Holiday Sunday reported a 58% increase on the week before while sales on the Monday shot up by 42%.
 
The CEO of Epos Now, Jacyn Heavens said: “The hospitality industry is gearing up for one of the most profitable weekends of the summer season. At a time like this, it’s crucial for businesses to be able to keep a close eye on their stock levels to ensure they are fully prepared for a weekend of high sales, resulting in plenty of profit.”

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