Data show the stark regional variety of impacts. Sales collapsed, a former senior executive from Punch Taverns Ltd told Third Bridge Forum, citing CGA data, with tier 1 down by 27%, tier 2 by 54% and tier 3 by 62% on a YoY basis. There was, again, disparity according to where these pubs are located, as a director at EI Group plc explained: “city centres have been the victims of this pandemic, because, even today, large city centres are half the places that they were before. Interestingly… community suburban pubs recovered quite quickly.” Pubs have been disappearing at a high rate over the past decade — 914 in 2018 and 994 in 2019 — and this will be exacerbated by current conditions. “My estimation is circa 2,000 pubs will be lost from the industry over the next 12-18 months, probably nearer 18 months”, stated the EI Group executive.
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