Bristol is in a "more resilient position" than many other 海角视频 cities following the outbreak of the pandemic and is recovering at a faster pace than the national average, according to a new report.
The 海角视频 Cities Recovery Index - compiled by real estate group Avison Young - found there had been “relatively positive” business sentiment in the city since early July, particularly in the hotel and leisure sector.
The index uses a range of indicators at a local and national level and includes a series of sector indices that reflect different aspects of city life, including commercial activity, the return to offices, transport, retail, residential and hotels and leisure.
The report suggests the rate of national recovery reached a peak in early September, with a reading of 88 compared to the lowest reading of 33 on April 30.
However, it also found that despite early signs of recovery, a combination of new government guidance and general concern among the public had seen the national recovery level off, and in some cases begin to decline.
In Bristol, however, commercial activity has been consistently above the national equivalent since the end of May, according to the data.
On October 11, commercial activity was five per cent above the national average at 98.6.
Indicators for the city show its hotel and leisure industry has also outperformed the rest of the 海角视频. The index was 35 per cent higher on October 4 than the national equivalent.
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The end of the Eat Out to Help Out scheme and the return of schools saw the hotel and leisure sector index drop to 75.2 on October 11 - from a high of 97.2 at the end of August.
An increase in the number of day staycations could have had a positive effect on numbers travelling through the city, according to the report.
Retail footfall levels in Bristol appear to have picked up, with the footfall sub index rising from 63.0 on October 7 to 64.1 on October 11.
The retail sector index for Bristol has seen a similar uptick, moving from 70.5 to 70.7 over the same period.
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Meanwhile, the report’s mobility index for Bristol, which looks at journeys by foot, train, bus, car and air, improved rapidly during the summer, overtaking the national figure on September 22.
While the mobility index for the city dropped marginally at the start of October, it is still hovering at just below 100 at 97.8 on the scale.
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The number of people returning to offices in the city is also now above the national figure, according to the data - and now stands at 69.6 - as the number of commuters into Bristol increases.
Car traffic has also increased to above 100 for a “sustained period”, the report stated.
'Bristol currently sees itself in a more resilient position'
Gordon Isgrove, managing director of Avison Young Bristol, said: “The extent and timing of recovery has varied across sectors and cities and it’s therefore encouraging that the indicators for Bristol tell a relatively resilient story, particularly in the areas of commercial and hospitality activity.”
He added “Relatively positive business sentiment has underpinned the strength of the sector index of late and has been around 10 per cent above the national figure since early August.
“In fact, when it comes to travel around the city, Bristol is the only 海角视频 city to track higher than the national figure.
“Of course, it remains to be seen what longer term effect the recent restrictions on 海角视频 life will have and whether Bristol will be affected by any additional local restrictions.
He added: “Bristol currently sees itself in a more resilient position than many other 海角视频 cities.
“This doesn’t surprise me as Bristol is an incredibly diverse business economy, although we need to see this trend continue and support our local businesses and trade.”