How's Business 2024

MARCH 2024

March 2024 saw 56% of all businesses experiencing a decrease in their visitors/customers and a similar proportion, 54%, experiencing the same in terms of their turnover –representing decreases of -9% and -10% respectively compared with March 2023. For performance in relation to both visitors/customers and turnover it is also worth noting that there was very little middle ground as well with only between 9-12% saying that their levels had stayed the same with the remainder saying they had either increased or decreased and which explains why the actual change in both is quite low compared to the actual percentage who had seen a decreases.  Download the full report here.

JANUARY/FEBRUARY 2024

January and February saw 60% and 68% of all businesses respectively experiencing a decrease in visitors/customers representing decreases of -15% in each case compared with the same time during 2023. In terms of turnover, 52% and 71% of all businesses during January and February respectively reported a decrease, representing decreases of -10% and -18% respectively compared with the same time during 2023. The majority of businesses anticipated decreased bookings for March (64%), Easter (73%) and April (80%) compared with 2023 levels, although the results for March and April may change as we collect data for these months. Businesses continue to be most concerned about the increase in the cost of living generally and decreasing visitor numbers/booking levels (74% each and increases of 6% and 15% respectively compared with last month), along with rising energy costs (65% - a decrease of 5% compared with last month).  Download the full report here.