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Households Spend Increases In Restaurants And Hotels For The First Time In 5 Years

Figures released by The Office for National Statistics (ONS) have revealed that UK households spent more than £45 a week on restaurants and hotels for the time in five years, an increase of £1.80 compared to last year.

The survey examined how, UK households spent their money after they had paid for essential items, commonly referred to as discretionary spending.

In the financial year ending 2016 (2015/16), UK households spent an average of £45.10 on restaurants and hotels. This is an increase of £1.80 when compared with the previous year, where figures have been adjusted for inflation, and is significant at the 10% level. High levels of employment and rising disposable income are considered to be the factors influencing this increase.

This category includes spending on goods and services such as:

  • restaurant and café meals (£17.30)
  • alcoholic drinks consumed away from home (£7.50)
  • takeaway meals (£4.70)
  • accommodation services (£8.90)

 

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