CATERER EATS OUT
Finance
Pages ...40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | Previous | Next Where to next? United Kingdom (for reference) Size: Twice the size of New York State in the USA Population, 2005: 59 million Real projected growth for 2005: 2.5% Per capita GDP, adjusted for purchasing power: 14,400 ($27,700) Economy: The UK, a leading trading power and financial centre, is one of the quartet of trillion-dollar economies of Western Europe. GDP growth slipped in 2001-03 as the global downturn, the high value of the pound, and the bursting of the "new economy" bubble hurt manufacturing and exports. Still, the economy is one of the strongest in Europe; inflation, interest rates, and unemployment remain low. Thailand Size: About the same size as France Population, 2005: 63 million Real projected growth for 2005: 6.4% Per capita GDP, adjusted for purchasing power: 3,850 ($7,400) Economy: Thailand has recovered from the 1997-98 Asian financial crisis and was one of eastern Asia's best performers in 2002. Increased co Winning world marketsMarkets you never dreamt of are hungry for Western restaurant concepts. But although the rewards are potentially great, so are the hazards. John Greenwood reports Ten Steps to BusinessWith all the new legislation to get your head around, you may lose sight of your sales strategy. Marketing expert Ann Elliott reckons that's a bad move Whitbread to sell Marriott hotels
Luminar considers sale of bars and cafés divisionStruggling bar and club operator Luminar is mulling over the future of its Chicago Rock Café and Jumpin' Jaks brands as sales continue to tumble. Kroll brought in to decide future for SFIPub group SFI may be sold off after corporate consultants were brought in to decide its future. Hartford shows profitLondon bar and restaurant group Hartford is in the black after seven years of trading as a public-listed company. Campbell Bewley back in blackCampbell Bewley, the Irish hotel and café business that recently closed its two flagship cafés in Dublin, reported a €5.4m (£3.7m) profit for 2003. Center Parcs puts £10m into premium accommodationHoliday village operator Center Parcs is moving upmarket with a £10m expansion plan to extend premium accommodation facilities at its Sherwood and Elveden Forest sites. Suppliers pull out of deals with Von EssenSix food suppliers have suspended trading with the Von Essen hotel group following wrangles over money. Ramsay's restaurants move into profit as turnover leapsChef-restaurateur Gordon Ramsay turned restaurant hell into restaurant heaven last year, converting a £1m loss at his chain of high-profile eateries into a £3.8m profit. Hard Rock profits grow by 20%Rank Group's Hard Rock division enjoyed healthy growth last year as sales at its cafes increased and the brand extended into the hotel sector. De Vere profits up by 3.2%De Vere has announced a 2.3% increase in total turnover for the first 20 weeks of its new financial year. Jennings celebrates 5.5% growthPub operator and brewer Jennings has announced a 5.5% jump in turnover for the five months to January 2005. Center Parcs expects poor resultsHoliday village operator Center Parcs has warned of poorer-than-expected trading figures. Hilton's hotels see profits grow by 17%
London delivers profit growth for UrbiumStrong trading in London and the addition of five new venues during the year helped Tiger Tiger operator Urbium grow its profits by 18% to £11m in 2004. What the weekend papers sayA round-up of the weekend's news affecting hospitality... Profits up 44% at Mandarin OrientalMandarin Oriental, the Hong Kong-based hotel chain, has announced a 44% jump in profits for 2004, putting a difficult 2003 behind it. Greene King issues £600m of bonds to cover loanGreene King has issued £600m of bonds to partly refinance the £1.05b loan it took out to buy 432 pubs from the Laurel Pub Company in July last year. Pages ...40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | Previous | Next |
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