{"id":18094,"date":"2026-03-11T07:33:31","date_gmt":"2026-03-11T07:33:31","guid":{"rendered":"https:\/\/www.paperchase.ac\/?p=18094"},"modified":"2026-03-12T06:05:19","modified_gmt":"2026-03-12T06:05:19","slug":"uk-market-pulse","status":"publish","type":"post","link":"https:\/\/www.paperchase.ac\/market\/uk-market-pulse\/","title":{"rendered":"UK Market Pulse"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"UK_MARKET_PERFORMANCE_%E2%80%93_Same_Store_Sales_SSS_Overview\"><\/span><strong>UK MARKET PERFORMANCE&nbsp;\u2013 Same Store Sales (SSS)&nbsp;Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em>Performance during 2026W7 (Week ending 02\/15\/2026)<\/em>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Total_Restaurant_Cohort\"><\/span><strong>Total Restaurant Cohort:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>SSS: +1.2% YoY | +19.3% vs prior week&nbsp;<br>Indicates a strong&nbsp;WoW&nbsp;rebound across the market.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fine_Dining\"><\/span><strong>Fine Dining:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>SSS: +4.4% YoY | +26.3% vs prior week&nbsp;<br>Outperformed the broader market on both YoY and WoW metrics.&nbsp;<\/p>\n\n\n\n<p><strong>Upscale Casual:<\/strong>&nbsp;<\/p>\n\n\n\n<p>SSS:&nbsp;\u20132.1% YoY | +14.3% vs prior week&nbsp;<br>Still below last year but showing meaningful week\u2011over\u2011week recovery.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PERFORMANCE_DRIVERS\"><\/span><strong>PERFORMANCE DRIVERS<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Higher&nbsp;Sales per Head (SPH)&nbsp;is the primary driver of positive sales momentum. SPH increases helped offset the traffic softness.&nbsp;<br>Total Cohort: SPH +1.5% YoY | Avg SPH&nbsp;\u00a354.2&nbsp;<br>Fine Dining: SPH +5.1% YoY | Avg SPH&nbsp;\u00a3104.2&nbsp;<br>Upscale Casual: SPH +5.2% YoY | Avg SPH&nbsp;\u00a341.2&nbsp;<\/p>\n\n\n\n<p>The week reflects stronger&nbsp;spend&nbsp;per guest despite&nbsp;softness in&nbsp;cover volumes.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"OBSERVATIONS\"><\/span><strong>OBSERVATIONS<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Over the trailing 13\u2011week period (2025W41 to 2026W1),&nbsp;Our&nbsp;<strong>Fine Dining<\/strong>&nbsp;portfolio experienced a SSS decline of ~ (1.0%) versus the prior year, driven primarily by a ~ (1.7%) drop in traffic.&nbsp;<\/p>\n\n\n\n<p>Consumers have been scaling back on dining\u2011out occasions &#8211; particularly higher\u2011priced, family\u2011oriented meals. Notably, 46% reported plans to reduce how often they dine out, which has directly affected hotel family\u2011meal traffic and event\u2011catering volumes.&nbsp;<sup>(1)<\/sup>&nbsp;This shift in consumer behavior has contributed to the softer performance in both Fine Dining and Family Dining.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"412\" src=\"https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-2-1024x412.png\" alt=\"Image 2\" class=\"wp-image-18095\" srcset=\"https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-2-1024x412.png 1024w, https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-2-300x121.png 300w, https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-2-768x309.png 768w, https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-2-1536x617.png 1536w, https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-2.png 1916w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"411\" src=\"https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-1-1024x411.png\" alt=\"Paperchase\" class=\"wp-image-18096\" srcset=\"https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-1-1024x411.png 1024w, https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-1-300x120.png 300w, https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-1-768x308.png 768w, https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-1-1536x617.png 1536w, https:\/\/www.paperchase.ac\/wp-content\/uploads\/2026\/03\/Image-1.png 1888w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>(1) <a href=\"https:\/\/www.rsmuk.com\/insights\/consumer-outlook\/leisure-and-hospitality-industry-outlook\" target=\"_blank\" rel=\"noreferrer noopener\">Leisure and hospitality industry outlook 2025 | RSM UK<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK MARKET PERFORMANCE&nbsp;\u2013 Same Store Sales (SSS)&nbsp;Overview Performance during 2026W7 (Week ending 02\/15\/2026)&nbsp; Total Restaurant Cohort: SSS: +1.2% YoY | +19.3% vs prior week&nbsp;Indicates a strong&nbsp;WoW&nbsp;rebound across the market.&nbsp; Fine Dining:&nbsp; SSS: +4.4% YoY | +26.3% vs prior week&nbsp;Outperformed the broader market on both YoY and WoW metrics.&nbsp; Upscale Casual:&nbsp; SSS:&nbsp;\u20132.1% YoY | +14.3% vs [&#8230;]\n","protected":false},"author":15,"featured_media":17995,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[25],"tags":[],"class_list":["post-18094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market"],"_links":{"self":[{"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/posts\/18094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/comments?post=18094"}],"version-history":[{"count":6,"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/posts\/18094\/revisions"}],"predecessor-version":[{"id":18116,"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/posts\/18094\/revisions\/18116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/media\/17995"}],"wp:attachment":[{"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/media?parent=18094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/categories?post=18094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paperchase.ac\/wp-json\/wp\/v2\/tags?post=18094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}