Finance

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Sports Cafe to be sold as a going concern

Sports Cafe to be sold as a going concernSports based bar chain Sports Cafe is to be sold as a going concern, its administrators have said.
Posted: 15 January 2008 | 16:40

Soho Clubs and Bars seeks buyer

Soho Clubs and Bars seeks buyerWest End operator Soho Clubs and Bars is looking for a buyer to inject capital into its business and support its expansion plans.
Posted: 14 January 2008 | 12:32

Sports Cafe placed into administration

Sports based bar chain Sports Cafe has appointed administrators, after its bankers refused to extend its credit after poor Christmas trading.
Posted: 14 January 2008 | 10:21

Sports Cafe suspends shares

Sports Cafe logoStruggling bar group Sports Cafe has temporarily suspended trading of its shares on AIM ahead of an announcement.
Posted: 11 January 2008 | 17:26

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

Chris DruceYou spin me right round baby, right round; like a record, baby, right round, round, round.
Posted: 11 January 2008 | 17:00

Alan Yau sells both Michelin-starred restaurants, reports claim

Alan YauAlan Yau has reportedly sold both his Michelin-stared Chinese restaurants for $60m (£30.5m) to funds owned by Abu Dhabi.
Posted: 10 January 2008 | 17:08

Malmaison and Hotel du Vin remain positive for 2008

Hotel du Vin, BirminghamThe owner of boutique hotel chains Malmaison and Hotel du Vin today said the outlook for 2008 is “extremely positive” despite uncertainty over consumer spending.
Posted: 10 January 2008 | 13:35

Tragus boss confident consumers will still spend

Café RougeThe boss of one of the UK’s largest restaurant groups today insisted that casual dining operations will weather a slowdown in consumer spending.
Posted: 10 January 2008 | 12:32

Pubs face bleak period after beer sales slump

pubPub operators have been warned to expect a "dire" January after poor December trading left the sector feeling depressed on the back of three months of declining beer sales.
Posted: 10 January 2008 | 07:00

Sports Cafe seeks rescue after poor Christmas

Sports CafeStruggling bar group Sport Café’s future is in the balance after a poor Christmas.
Posted: 09 January 2008 | 17:30

The Restaurant Group warns of drop in consumer spending

Frankie & Benny'sThe Restaurant Group (TRG) today became the latest high-street hospitality operator to warn about a drop in consumer spending after experiencing a slowdown in sales in the last quarter of 2007.
Posted: 09 January 2008 | 12:11

Yo! Sushi lifts high-street gloom

Yo Sushi logoDespite the gloom over some sections of the high-street dining market Yo! Sushi bucked the trend last year with strong financial growth.
Posted: 08 January 2008 | 11:36

Premium Bars & Restaurants see sales rise

The Living Room, W1Premium Bars & Restaurants saw total group sales leap by more than 100% in December thanks to a record breaking performance from its Living Room brand.
Posted: 08 January 2008 | 10:50

Domino's Pizza remains confident for 2008

Domino's PizzaDomino’s Pizza believes it can maintain the momentum achieved in 2007 this year, despite gathering fears about a slowdown in UK consumer spending.
Posted: 08 January 2008 | 10:23

Sodexho upbeat despite City drubbing - 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: Recovery predicted for FishWorks; Scottish hotels face gloomy 2008; Celebrity chefs demand better welfare for broiler hens...
Posted: 07 January 2008 | 09:55

Deloitte warns of uncertainty in 2008 for hotels’ performance

It will be a brave man that predicts a 2008 as strong for hotels as last year given the ongoing credit crunch, according to a leading consultancy.
Posted: 04 January 2008 | 10:37

Brighton's Momma Cherri's goes into administration

The Brighton restaurant hailed as Gordon Ramsay’s biggest Kitchen Nightmares success story has gone into administration.
Posted: 03 January 2008 | 12:00

After a tough 2007, how can we get things off to a good start?

After a tough 2007, I'm determined to make our business more successful this year. How can we get things off to a good start?
Posted: 03 January 2008 | 00:00

Bank warns of difficult 2008 for pubs

An investment bank has warned that a triple whammy of a dip in consumer confidence, growing supermarket alcohol discounting and over-capacity in eating out venues will create a difficult 2008.
Posted: 28 December 2007 | 07:00

Glorious Group goes under

Glorious ran three restaurants at O2London-based restaurant company the Glorious Group has collapsed, Caterer has learnt.
Posted: 24 December 2007 | 07:00

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28th August 2008