More pubs will be forced to call time
PUBLISHED: 10:30 18 October 2008 | UPDATED: 22:29 15 June 2010
The hotel and restaurant markets are growing to meet demand across the South West but the outlook for pubs in the region remains gloomy, according to a sector expert.
The hotel and restaurant markets are growing to meet demand across the South West - but the outlook for pubs in the region remains gloomy, according to a sector expert. John Kinsey, leisure partner at King Sturge, says the provision of hundreds of new beds with recent hotel openings in Newquay, Torquay, Helston, Liskeard and Exeter - along with several others in the pipeline - proves that the market remains buoyant. Mr Kinsey also believes that developments at Millbay in Plymouth, are proof that the restaurant sector is generally well-placed to ride out the general economic downturn. But he warns that the same cannot be said when it comes to pubs, where it will be last orders for increasing numbers of licensed premises.
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