Night time economy business survival during COVID-19 in the UK 2020

Published by Statista Research Department, Nov 25, 2020
In April 2020, almost half of night-time economy sector businesses in the UK expected their company to close within three months under COVID-19 measures, at 45 percent of respondents. Only 17 percent believed their business would survive for more than six months.

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Source

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Release date

April 2020

Region

United Kingdom

Survey time period

April 2020

Number of respondents

1,154 surveys

Special properties

Night time economy businesses*

Supplementary notes

* The source adds the following methodology: "1,154 Surveys were completed - from the Nighttime Economy Sector Businesses.
355 Surveys were analysed l- Based on SME Operations across the UK – Under 250 Employees.
Representing over 3000 Businesses & Over 150,000 Employees."

According to the NTIA night time economy businesses include bars, nightclubs, restaurants, pubs, plus festival, live music event and other nightlife operators, and supporting businesses of the industry.

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