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Cold drinks to blame for Starbucks weak sales

starbucksHigher than expected demand for cold drinks such as Frappuccino have been blamed for Starbuck’s weakest monthly same-store sales rise in four and a half years.
Posted: 09 August 2006 | 10:34

Greggs set to reorganise Bakers Oven after flat demand

Greggs, the sandwich shop and bakery chain, is reorganising its Bakers Oven division after being further hit by flat demand and soaring costs.
Posted: 08 August 2006 | 15:15

Millennium & Copthorne sees strong growth in USA and Asia during first half

Millennium & Copthorne, SingaporeHotel group Millennium & Copthorne (M&C) has seen strong growth in the US and Asia during the first half of the year.
Posted: 04 August 2006 | 12:17

Burger King profits stumble after stock market listing

Burger KingOne-off charges at fast-food giant Burger King has led to a quarterly loss in its first results release since going public in May.
Posted: 03 August 2006 | 13:19

Macdonald Hotels bears £30m loss in move upmarket

Private operator Macdonald Hotels made a £30m loss last year as it shelled out on its estate to reposition the brand at the luxury end of the market.
Posted: 03 August 2006 | 00:00

Macdonald Hotels makes near £30m loss as it takes portfolio upmarket

Macdonald Marine, North BerwickLong-term planning at private hotel operator Macdonald Hotels has led to short term cost, with a net loss for the year of almost £30m.
Posted: 01 August 2006 | 12:22

Profit up at Bank Restaurant Group in first half of year

Bank - interiorProfits shot up at Bank Restaurant Group in the first half of the year after a strong performance from established sites and a maiden contribution from new acquisition Zinc.
Posted: 31 July 2006 | 11:48

Starwood creates new head of hotels... and other International hotel news

world newsEssential news from around the world, including: Moscow Ritz Carlton refinances; InterContinental to go into Libya; Marriott goes non-smoking; Hyatt to expand residential spa concept and more...
Posted: 31 July 2006 | 09:57

Starwood Hotels enjoys solid second quarter

Starwood Hotels & Resorts has delivered solid second quarter results.
Posted: 28 July 2006 | 15:48

Mandarin Oriental feels pinch as flagship hotel remains closed for renovation

Mandarin Oriental, Hong KongLuxury hotel group Mandarin Oriental has seen its earnings in the first half nosedive due to the closure for renovation of its flagship property in Hong Kong.
Posted: 27 July 2006 | 12:53

Café Rouge owner plans ambitious expansion off the back of strong sales

Graham Turner, Tragus chief executiveRestaurant operator Tragus plans to double the size of its Café Rouge estate and develop a third core brand off the back of surging sales.
Posted: 27 July 2006 | 11:10

The Simpsons and football World Cup help boost Domino’s Pizza

Domino's deliveryCampaigns starring the Simpsons cartoon family and footballer Michael Owen helped boost sales at Domino’s Pizza by more than 18% in the half-year to 2 July.
Posted: 25 July 2006 | 13:12

Hotel group Accor enjoys strong start to the year

AccorFrench hotel giant Accor has enjoyed a strong first half to the year, aided by a solid recovery in Northern Europe.
Posted: 21 July 2006 | 16:48

Hot weather brings good news for JD Wetherspoon

JD Wetherspoon logoPub company JD Wetherspoon has enjoyed a strong final quarter’s trading thanks to the hot weather.
Posted: 19 July 2006 | 11:06

World Cup helps bar operator Regent Inns in tough high-street market

Australia and England’s World Cup runs helped boost high-street bar operator Regent Inns during a tough first half of the year.
Posted: 18 July 2006 | 14:13

Marriott predicts 40% boost to hotel profits for 2006

Marriott logoMarriott is predicting that its hotel business will boost operating profits by 40% this year on the back of robust second-quarter figures.
Posted: 14 July 2006 | 17:32

Slow plans system under fire

England's planning system is still hampering growth, especially in the hotel and retail sector, claims an interim report by the Bank of England.
Posted: 13 July 2006 | 00:00

Sun and football boost sales at Young’s pubs

football fansThe sunny summer and the World Cup have enabled Young’s managed pubs to kick off the new financial year with an 11% rise in sales.
Posted: 11 July 2006 | 15:36

Alpha Airports rejoins London Stock Market

Alpha logoShares in Alpha Airports, the airline caterer, have been relisted on the London Stock Exchange, following a probe into a deal with Icelandic charter airline Excel Airways.
Posted: 06 July 2006 | 14:37

Industry welcomes new rules on REITs

Hotel owners using management contracts to operate their properties may now be eligible to take part in Real Estate Investment Trusts (REITs), experts claim..
Posted: 06 July 2006 | 11:45

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29th August 2008