Future Shock Report Issue 13 on Equity and Inclusion

This document is the 13th edition of the Future Shock report from CGA by NIQ and UKHospitality, focusing on equity, diversity, and inclusion within the hospitality sector. It outlines the current state of the industry as it navigates challenges such as inflation and the aftermath of COVID-19. The report details the decline in licensed premises, highlighting a net decrease of 756 venues in the first quarter of 2023, while also noting a slower rate of closures compared to previous years. Despite these challenges, it presents encouraging signs, particularly in the London market, where growth has resumed. The report emphasizes the importance of ethical practices in hospitality, showcasing initiatives like the Hospitality Wellbeing and Development Promise and the work of the Equity, Diversity, and Inclusion committee. It also discusses the sector's commitment to creating inclusive environments and improving recruitment practices, particularly for underrepresented groups, including individuals over 50. The document serves as a comprehensive analysis of the current landscape and future outlook for the hospitality industry.