Finance

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UK budget hotel sector to double in size in two decades

Ibis London HeathrowThe UK budget hotel sector is set to more than double in size in the next 20 years and will account for more than a quarter of the overall hotel market by 2027, according to wide-ranging new research.
Posted: 12 December 2007 | 07:00

Hotels warned to be vigilant over fake credit cards

credit cardsHoteliers have been warned about fake credit cards after Bristol Crown Court heard that a con man was able to run up bills at hotels throughout Bristol using specially adapted fake cards.
Posted: 11 December 2007 | 13:30

Buyout group seeks Gaucho restaurants

Gaucho GrillArgentine steak-house operator Gaucho Grill is believed to be in advanced talks over a buyout by Intermediate Capital Group (ICG), which would value it at £120m.
Posted: 10 December 2007 | 12:08

Industry must take part in VisitBritain strategy review

Visit Britain logoHospitality and tourism operators have been urged to play a full part in the strategy review of VisitBritain.
Posted: 10 December 2007 | 10:17

Hospitality bosses slam Gordon Brown’s tourism policy

Gordon BrownChief executives from the some of the UK’s largest hospitality and tourism businesses today wrote publicly to Prime Minister Gordon Brown to criticise current tourism policy.
Posted: 10 December 2007 | 07:00

Friday Wrap: A round-up of the week's hospitality news

Chris DruceCaterer this week kicked off its drink and drugs awareness campaign to highlight the true cost of dependency within the industry.
Posted: 07 December 2007 | 14:45

A bumper Christmas is on the cards for restaurants and pubs

drinking in a barSpending in pubs and restaurants during the critical Christmas period will be up by almost 20% in a spending spree that could result in a £6.8b boom, research published today (Thursday) will reveal.
Posted: 06 December 2007 | 11:00

Capital allowances

From April 2008 a new system of capital allowances will be in operation. Accountant Chris Lane explains how this will affect your business
Posted: 06 December 2007 | 00:00

Clapham House Group confident of Gourmet Burger Kitchen success

Gourmet Burger Kitchen logoClapham House Group has seen an increase in turnover and profits despite the underperformance of its Tootsies chain
Posted: 05 December 2007 | 11:41

Greene King shrugs off industry concerns

Greene KingPub and restaurant operator Greene King has confidence in the resilience of its business model to survive tougher the times ahead.
Posted: 04 December 2007 | 14:45

Regent Inns issues profits warning

Walkabout operator Regent Inns has joined the chorus of operators warning of increasingly difficult trading on the high street.
Posted: 03 December 2007 | 14:55

Clapham House admits concerns about uncertain economy

Gourmet Burger KitchenGourmet Burger Kitchen operator Clapham House Group is to slow its break-neck expansion due to concerns over the economy, food price inflation and rent hikes.
Posted: 03 December 2007 | 14:15

USA claims right to kidnap British citizens - For more hospitality stories, see what the weekend papers say

weekend papersA round-up of the weekend's news affecting the hospitality industry. News includes: USA claims right to kidnap British citizens; Caviar stocks could run dry by Christmas; S&N under pressure to talk to takeover rivals and more...
Posted: 03 December 2007 | 11:10

Marston’s fails to avoid UK’s poor summer weather

Marston's logoMarston’s saw turnover soar past the £600m mark this year helped by acquisitions, but it couldn’t escape the effects of this summer’s atrocious weather.
Posted: 30 November 2007 | 15:36

Mitchells & Butlers considers Tchenguiz property bid

Pub company Mitchells & Butlers is giving “serious consideration” to a deal with property investor Robert Tchenguiz, it said today.
Posted: 29 November 2007 | 16:12

Domino’s Pizza breaks £1m online weekly sales barrier in UK

Domino's in-store computerDomino’s Pizza UK has taken its most online orders to date with £1m worth of pizzas ordered last week.
Posted: 29 November 2007 | 13:30

Realpubs unveils £50m war chest

London pub company Realpubs has unveiled a £50m war chest to build a freehold estate in the Capital.
Posted: 29 November 2007 | 12:00

Cousins delighted with Compass’s progress

Richard CousinsThe boss of the world’s largest caterer Compass Group has said he is delighted at the progress the company has made in the past 18 months.
Posted: 29 November 2007 | 07:00

After insolvency

Can the management of an insolvent company simply start up again under a new but only slightly different name? Lawyer Samantha Gregory explains
Posted: 29 November 2007 | 00:00

Sports Café optimistic despite football failure

Sports Café logoThe Home Nations failure to qualify for Euro 2008 will not impact sales at Sports Café, the bar chain said yesterday.
Posted: 28 November 2007 | 11:15

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10th October 2008