The group, which runs 1,468 pubs across the UK, said the combination of the World Cup and the first Christmas free of pandemic restrictions in three years has fuelled a revival of the embattled hospitality sector.
Marston's reported an almost doubling of revenues to £800m for the year to 1 October, transforming a loss of £171m last year into a pre-tax profit of £163m. The company, which is pushing through price rises of up to 10% as its own costs soar, said that trading at its pubs since the start of October was up 6.8% compared with last year, with festive bookings ahead of 2019 levels.
This story is from the December 07, 2022 edition of The Guardian.
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This story is from the December 07, 2022 edition of The Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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