Finance
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Real estate investment trusts (REITs) became a more viable tool for investors following yesterday’s Budget.
Posted: 23 March 2006 | 11:54
A Real Estate Investment Trust is a tax efficient investment vehicle which allows individuals to invest in property listed on the stock exchange.
Posted: 23 March 2006 | 11:52
Hospitality operators will find out after midday what Chancellor of the Exchequer Gordon Brown’s 10th UK Budget has in store for them.
Posted: 22 March 2006 | 11:31
Like-for-like-sales at Luminar’s entertainment division, which contains the Chicago Rock Café chain, have nosedived 6.2%.
Posted: 22 March 2006 | 10:28
Essential news from around the world, including: Golden Tulip takes over five German and Austrian hotels; Oberoi names new GM for Bali; Mandarin Oriental San Franciso to undergo refurbishment;
Maroma Resort reopens in Mexico...
Posted: 17 March 2006 | 16:12
Gondola Holdings has credited a disciplined opening strategy and back-to-basics approach to ingredients for its continued growth.
Posted: 16 March 2006 | 11:49
Hotels and restaurants that have been managing their finances on paper or on different spreadsheets could become more efficient by introducing a proper accounting system.
Posted: 13 March 2006 | 10:27
Guidelines governing the notoriously complicated tronc regulations have changed yet again after HM Revenue & Customs admitted its previous position was wrong. But will it end there? Rosalind Mullen reports
Posted: 09 March 2006 | 00:00
The Restaurant Group (TRG) has said farewell to the high-street in a bid to consolidate the lucrative residential and leisure dinning markets.
Posted: 08 March 2006 | 12:41
Hard Rock’s annual operating profit jumped by almost a quarter in 2005, thanks to a reinvigorated food offer and healthy merchandise sales at its restaurants.
Posted: 03 March 2006 | 17:31
Taking over a restaurant that is in receivership can be a taxing time if you haven't considered the VAT implications of the deal, says Adrian Houstoun
Posted: 02 March 2006 | 00:00
Northern bar and nightclub operator Ultimate Leisure is pinning its hopes for recovery on refurbishment and expansion of its existing estate.
Posted: 28 February 2006 | 12:33
London restaurateur David Moore has condemned HM Revenue and Custom’s (HMRC) hardline attack on restaurant troncs which it now admits was based on a misreading of the law.
Posted: 27 February 2006 | 18:22
The Revenue’s shock revelation that its Operation Gourmet crackdown on restaurant troncs was based on a flawed policy brings scant comfort to its victims, despite their opportunity to demand refunds. David Moore, proprietor of London restaurant Pied a Terre, argues for more respect and clearer guidelines from the Revenue.
Posted: 27 February 2006 | 18:14
Bank Restaurant Group is pinning its future hopes on growth through expansion and trade acquisitions.
Posted: 24 February 2006 | 18:20
Initial Catering has blamed last year’s fall in turnover on the bad publicity surrounding the school meals sector.
Posted: 24 February 2006 | 10:40
Hotel owner and operator Mandarin Oriental has predicted a strong 2006, after turnover and profit both climbed significantly last year.
Posted: 23 February 2006 | 15:35
Hilton Group shareholders are to receive a massive £4.2b payout following the completion of Hilton Corporation’s acquisition of the business expected later today.
Posted: 23 February 2006 | 14:45
Maybe we should have appointed the old warhorse Keith Floyd minister for tourism years ago, says restaurateur and consultant Simon Wright
Posted: 23 February 2006 | 00:00
Nightclub and bar operator Luminar has sold six properties for £8.5m.
Posted: 22 February 2006 | 10:49
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