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Economy

Hospitality revenue could rise by £36bn despite challenges, says Barclays

Barclays estimates that the industry could potentially gain £36bn during 2022 compared with pre-pandemic revenue, and £54bn more than in 2021

The UK hospitality and leisure sector could see a potential revenue rise of £36bn this year against pre-pandemic levels despite facing new challenges, which include soaring costs and a tight labour market, according to new research from Barclays.

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