 |
| LATEST BHA NEWS |
02 Mar 2010
Turnover in food and service management increases by 0.7%
Turnover in the food and service management sector increased marginally in 2009 to £4.2bn, the annual survey of the British Hospitality Association’s Food and Service Management Forum has revealed.
Announcing the results of the BHA’s 21st survey at Hotelympia, Phil Hooper, chairman of the Forum, said the last 12 months had been tough for companies in the sector but, despite the recession, turnover had moved ahead by 0.7 per cent.
“Clearly, food and service management companies are doing something right,” he said.
He said that contractors had reacted to the economic downturn by cutting costs, particularly employment which had declined by six per cent and which, at 47 per cent of turnover, was by far their biggest single item of expenditure. At the same time they continued to withdraw from contracts that had been only marginally profitable.
“Companies have also expanded into providing full facilities management services both for existing and for new clients,” he added.
Mr Hooper said that the most vulnerable sector was Business and Industry which had been affected by factory and office closures and by redundancies in client companies; in contrast, public sector catering had been largely unaffected and healthcare, in particular, did well. Catering for public and leisure catering was also up and the recession was encouraging more companies to consider outsourcing in-house catering facilities in favour of contracted catering.
“The fact is, turnover actually increased for the vast majority of companies. The survey showed a welcome degree of confidence in the future,” he said. “There is certainly no despair.”
“What remains is a sector that has survived the worst recession in a generation leaner and potentially more profitable than before.”
Bob Cotton, chief executive of the BHA, said that the results had to be seen against a background in which GDP had fallen by five per cent, unemployment had risen by over half a million and food inflation had soared. FSM companies had survived in remarkably good shape but he warned that 2010 and 2011 would present an equally tough challenge.
“Unemployment will not disappear overnight, costs will continue to rise and the impact of the squeeze on public spending will be severe,” he said.
A survey of he UK food and service management industry with an analysis of operating results for 2009.
This survey is available free of charge to BHA members. Just login in and download under publications.
Non members can purchase a hard copy of the report for £95.00 or a PDF copy for £50.00 by contacting the BHA.
|
| MORE BHA NEWS |
 |
|
26 Aug 2010
Flow training modules for hospitality
Flow Hospitality Training Ltd have received endorsement from the Institute of Hospitality for their package of online training products created especially for the hospitality industry. more>>
|
|
 |
|
 |
|
26 Aug 2010
Celebrate industry's Young Chefs and Young Waiters at prestigious awards dinner
The aim of the long-established Young Chef Young Waiter competition is to support and encourage the best young talent in the hospitality industry – so why not show your support for them by joining the finalists, award-winning chefs and front-of-house professionals for the competition’s Awards Dinner at the Jumeirah Carlton Tower, London, on October 20th. more>>
|
|
|
|
|
|
|
|
|
| Click here>> for further information about the Restaurant Association. |
| |
|
| Click here>> to get the latest BHA news and events direct to your inbox each fortnight. |
| |
| FORTHCOMING EVENTS |
| 12 Sep 2010 |
|
 |
|
Hospitaly Action - Polo Day
Beaufort Polo Club,
On Sunday 12th September Beaufort Polo Club will host Hospitality Action’s first ever polo day. The money raised will go directly to those in the hospitality industry who have fallen upon hard times. more>> |
|
|
|
| 17-18 Sep 2010 |
|
|
|
Discover Zadar - An Adriatic Odyssey
,
Hosted by the City of Zadar, UK Trade & Investment team Croatia, the British Embassy Croatia, the Ministry of Sea, transport and infrastructure, and last,
but not least the Garden Festival team this 2 day business event will highlight all the opportunities in the wider Zadar region. more>> |
|
|
|
|
|
