Hospitality sector R&D investment outperformed UK industry in Q1

Research and development (R&D) investment in the hospitality industry remained steady in the first quarter of 2021, outperforming the wider UK economy, according to recent figures from the Office of National Statistics (ONS).

The amount spent in R&D by accommodation and food service firms held steady at £20m over the period.

Overall, total R&D spending by UK businesses dropped by 3% annually to £9.7bn in Q1.

Furthermore, the industry posted growth of 15.9% in R&D investment from £69m in 2019 to £80m in 2020.

However, this is still significantly lower than the sector’s record high of £84m which was recorded in 2016.

Mark Tighe, CEO of R&D tax relief at consultancy firm Catax, said: “The hospitality sector may be starting from a low base compared to most industries, but it has still done well to hang on to the same level of R&D spend that it was recording before anyone knew what Covid-19 was.

“We expect this picture to improve as life returns to normal and greater certainty gives firms in this sector the confidence and leeway to invest for the future.”

Please log in for access

Thanks for subscribing!

An email confirmation will be sent to your registered email address with a link for you to click on to confirm this request is genuine.  Please note that no newsletters will be sent to you until the request is confirmed.  If you do not receive the link, please check your junk folder or else contact

This website uses cookies to ensure our visitors get the best user experience and to analyse site traffic.  To continue browsing our site, please confirm your acceptance of our Privacy Policy and use of cookies.