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Spending soars in hospitality and cinema sectors in June
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People raced back to cinemas and outdoor hospitality in June, with spending at the movies up a huge 1,351% compared to May, new figures show today.
The latest Revolut report for June also shows that spending in bars was up by 293% on a monthly basis, while spending in hotels was up 148% and spending at tourist attractions was up by 149%.
The report also noted that restaurant spending among Revolut's 1.5 million Irish customers was also up 50% compared to May. Outdoor dining and cinemas reopened from Covid restrictions on June 7, while hotels had reopened five days earlier on June 2.
Revolut said that while leisure spending was up across all age groups, there were also some indications of a "vaccine bounce" for hospitality.
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