Food and drink is currently the largest sector in the city
Data from Liverpool BID Company shows the sector is currently the largest in the city centre representing 37% of the city centre economy; retail is 8.4%, and fashion is 18.2%. Health and beauty is 4.9% while tourism is 3.8%
He said: "Hospitality is a growing and vital industry for Liverpool city centre’s economy. We talk a lot about Liverpool’s mixed use economy, and the low vacancy rate we have in the city centre shows that units on our high streets do not stay empty long. The vibrancy of our food and drink sector, in particular independents, is heartening to see, but it also illustrates why it is such a crucial sector to support.
The city centre data shows UK visitors, so does not include international spend. Spend increased by 0.8% in the city centre in February. March has seen a 8.2% increase on footfall compared with last year with the city centre up by 2.5% currently in 2024. Occupancy rates in the city centre’s hotels and serviced accommodation is currently up by 5.5% on the same period last year.
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