UK CITIES RECOVERY INDEX

Bristol

Updated: 16th February

UK CITIES RECOVERY INDEX

Index + DART for Bristol

Please view on a desktop for the full experience.

Overview

The Recovery Index for Bristol read 83.7 on 07th February. This is the highest reading since early December last year and reflects the recovery in activity in recent weeks as the Omicron variant has subdued and guidance has changed.

UK CITIES RECOVERY INDEX

Sector Indices + DART for Bristol

Bristol Sector Indices

Commercial Activity

  • The Commercial Activity Sector Index for Bristol now stands at 95.4 on the 7th February, down slightly from the reading last month of 97. The measure peaked at 101.2 in the summer.

Hotel & Leisure

  • The Hotels & Leisure Sector Index for Bristol read 80.6 on 7th February, a slight decline from 84.9 in early January.

Mobility

  • The Mobility Sector Index for Bristol has increased significantly over the last month. It now reads 103.9, up from 74 at the beginning of January. This reflects the recovery in activity following the lifting of various restrictions and improvement in public sentiment around the threat of the virus.

Residential

  • In Bristol, the Residential Sector Index has risen to 86 on the 7th February from a reading of 76, at the same time last month.

Retail

  • The Retail index for Bristol has closely followed the overall index and now reads 84, up from 75 at the same time last month.

Return To Office

  • As of 10th January, the Return To Office Sector Index for Bristol remains at 53 although this is a significant improvement in last month’s reading of 41.

UK CITIES RECOVERY INDEX

National Sector Indices + DART for Bristol

A VIEW FROM BRISTOL

Gordon Isgrove

Managing Director

“Bristol and the wider city region is a diverse economic power house of the South West, a Core City to the exchequer, with a reputation for creating innovative start-ups. The excellent higher education offer in the city is linked to this and with a high graduate retention rate; the city must not allow its position to be diminished as we recover from the impact of the pandemic.

The city has lacked investment in housing, particularly affordable housing, and infrastructure compared to other Core Cities over the past couple of decades, and so such capital projects must be front and centre of the COVID-19 recovery. The city needs to continue its journey of evolution but embrace positive changes in working practices and a rising awareness around climate change to enable the community to thrive, while ensuring the movement of people through the city is not restricted and capital projects are delivered swiftly.”

This index has been prepared by Avison Young for general information purposes only. Whilst Avison Young endeavours to ensure that the information in this index is correct it does not warrant completeness or accuracy. You should not rely on it without seeking professional advice. Avison Young assumes no responsibility for errors or omissions in this publication or other documents which are referenced by or linked to this index. To the maximum extent permitted by law and without limitation Avison Young excludes all representations, warranties and conditions relating to this report and the use of this index. All intellectual property rights are reserved and prior written permission is required from Avison Young to reproduce material contained in this index.