Profitability of hospitality SMEs in the UK 2014-2020

Published by D. Clark, Feb 2, 2024
Data on the share of small and medium enterprises (SME) in the hospitality sector in the United Kingdom (UK) that made a profit between 2014 and 2020 shows that in 2016, 79 percent of hospitality SMEs based in the UK made a profit, the most of any year.

Profitability of small and medium enterprises (SME) in the hospitality sector in the United Kingdom (UK) from 2014 to 2020

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Source

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Release date

September 2020

Region

United Kingdom

Survey time period

2014 to 2020

Special properties

SMEs*

Method of interview

Face-to-face interviews, telephone interviews

Supplementary notes

Data was collected via interview.

In order to qualify for interview, SMEs had to meet the following criteria in addition to the quotas by size, sector and region:
Not 50%+ owned by another company
Not run as a social enterprise or as a not for profit organisation
Turnover of less than £25m
Previous annual sample sizes:

**H1 2019

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