Performance Monitor – October 2020

To the end of October it is estimated that approximately £200 million of anticipated tourism business turnover has been lost on The English Riviera due to COVID‐19 since February. 39% of turnover was lost in October (£9 mn), 17% of September turnover (£7 mn), 14% of August turnover (£10 mn), 50% of July turnover (£33 mn), 95% of June turnover (£43 mn), 99% in each case during May (£39 mn) and April (£35 mn), 81% of March turnover (£21 mn) and 14% of February turnover (£3.4 mn).

14% of businesses were closed during October as a result of COVID‐19 and 55% of those still open to some degree were operating at decreased turnover levels compared to October 2019. The overall change in turnover for all businesses trading was ‐29% compared to October 2019.