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Focus on food and investment in managed estates help Young’s deliver growth

A focus on food and investment in its core pub estate helped London’s Young’s achieve growth in a tough market in the year to 1 April.
Posted: 23 May 2006 | 15:52

Michels plans £1b hotel fund - For more hospitality stories, see what the weekend papers say

weekend papersA round-up of the weekend news affecting the hospitality industry. News includes: GI Partners buys Noble House Leisure restaurants; Punch to sell 35 gastro-pubs; UK wine sales flatten; McDonald’s to refocus on burgers; Benjys accused of misleading franchisees
Posted: 22 May 2006 | 11:20

Carluccio's to no longer publish like-for-like sales figures

Carluccio'sCarluccio's, the all-day Italian café and retail concept, is joining La Tasca in moving away from like-for-like sales figures.
Posted: 16 May 2006 | 12:31

Compass Group’s profits continue to head south

Catering giant Compass today reported a 9% slump in pre-tax profits as it said the switch to provide healthier meals in schools continued to be its greatest challenge.
Posted: 16 May 2006 | 10:19

Licensed operator Pub ‘n’ Bars has 'satisfactory' 2005

Pubs 'n' Bars logoPubs ‘n’ Bars has announced “satisfactory” year end results for 2005, despite little improvement from last year’s difficult trading conditions.
Posted: 11 May 2006 | 16:08

Legal uncertainity leads to Alpha Airports pulling shares

Alpha Airport Group: half a logoAirline caterer Alpha Airports has said legal uncertainty surrounding one of its contracts was behind the decision last month to pull its shares from the London Stock Exchange.
Posted: 10 May 2006 | 17:51

Burger King to raise more than £200m through Stock Market listing

Burger KingUS fast-food giant Burger King is set to raise around $400m (£215m) in a stock market listing on the New York Stock Exchange, which could value the company as high as $3bn (£1.61m).
Posted: 10 May 2006 | 10:59

EasyHotel names Splendid Hotel Group as first London franchise

Stelios outside EasyHotelEasyHotel has named the Splendid Hotel Group as its first London franchisee.
Posted: 09 May 2006 | 12:41

Pub company Greene King celebrates productive year

Greene King beer pumpsPub Partners, the leased and tenanted division of Greene King, outperformed its managed counterpart last year.
Posted: 03 May 2006 | 11:37

Mitchells & Butlers issues bullish trading statement ahead of expected bid battle

Mitchells & Butlers logoPub operator Mitchells & Butlers (M&B) today released a bullish trading statement as speculation continues of a takeover bid for the company.
Posted: 28 April 2006 | 15:38

Sam and Maxie’s fares well as La Tasca continues to grow

La Tasca logoSam & Maxie’s, La Tasca Restaurant’s new grill and smokehouse concept, is trading ahead of expectations according to the company.
Posted: 28 April 2006 | 15:25

Mitchells & Butlers tempted by Whitbread's Brewers Fayre and Beefeater

Pub company Mitchells & Butlers (M&B) today had its sights set on the 250 Brewers Fayre and Beefeater pub restaurants put up for sale by Whitbread.
Posted: 28 April 2006 | 13:01

Starwood records good 1st quarter performance despite accounting charge

Starwood, one of the USA’s biggest hotel companies, wrote off $72m (£40m) during the first quarter due to a new accounting rule.
Posted: 28 April 2006 | 10:36

Oriental Mandarin’s profits recover to pre-Asian economic crash levels

Mandarin Oriental - Hong KongLuxury hotel group Mandarin Oriental has seen its profits hit highs not achieved since the Asian economic crisis of the 1990’s devastated the region’s economies.
Posted: 27 April 2006 | 13:55

Domino's sales continue to grow

Dominos in-store computerDominos, the pizza delivery company, saw sales jump in the previous quarter.
Posted: 27 April 2006 | 13:27

Mixed performance at CI Traders hospitality division

Channel Islands conglomerate CI Traders has reported a mixed performance at its hotel, bars and restaurants on Jersey and Guernsey.
Posted: 27 April 2006 | 10:15

Full-year profit up at Travelodge thanks to price cuts

Travelodge logoBudget hotel chain Travelodge has received a huge boost to its full-year profit thanks to the success of its online booking service and price cuts.
Posted: 27 April 2006 | 09:18

Bernie Ecclestone is richest hospitality investor

Formula One mogul Bernie Ecclestone is the UK's richest hotel investor, according to the Sunday Times Rich List 2006.
Posted: 27 April 2006 | 00:00

London hotels on top of the profitability league

London hotels are the most profitable in Europe, according to a new report by TRI Hospitality Consulting.
Posted: 27 April 2006 | 00:00

Hard Rock Café sales revival helps boost performance

Hard Rock Café logoA Hard Rock sales renaissance has helped boost the performance of owner Rank group since the start of the year.
Posted: 26 April 2006 | 14:28

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8th September 2008