Hospitality businesses starting to bounce back - Xero

posted on 24th June 2021

The hospitality industry is bouncing back and May was its strongest month since the start of the pandemic, the latest small business insights report from Xero says. 

Sales in hospitality grew an adjusted 7.5 per cent in May 2021 while retail grew most at 8.8 per cent and construction grew 7.6 per cent.

'After months of negative results, the hospitality industry has started to see an upswing,' Xero managing director for New Zealand & Pacific Islands, Craig Hudson said.

But Wellington’s restrictions back to alert level 2 would send a shiver through the industry, Restaurant Association chief executive Marisa Bidois said.


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