Finance
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Walkabout owner Regent Inns has warned on future consumer spending as it delivered full-year results in line with market expectations.
Posted: 09 October 2007 | 12:45
Debt free Peel Hotels is looking for new opportunities following the sale of Avon Gorge.
Posted: 09 October 2007 | 11:30
CI Traders, the retail and leisure conglomerate, has signalled its intention to leave the hotel market by placing the St Pierre Park Hotel and La Trelade in Guernsey up for sale for nearly £19m.
Posted: 09 October 2007 | 10:29
Gordon Brown has faced renewed calls from industry leaders to increase investment in tourism, ahead of next week’s Comprehensive Spending Review.
Posted: 05 October 2007 | 16:28
Globe Pub Company, the tenanted estate of 443 pubs owned by property investor Robert Tchenguiz, has become the latest hospitality business to see sales slump as a result of the poor summer weather.
Posted: 05 October 2007 | 07:00
Sodexho Alliance capped a strong 2006/7 with growth in all its territories and a recovery in the UK and Ireland at its healthcare, elderly care and defence divisions, the contract caterer announced today.
Posted: 04 October 2007 | 13:30
Noodle bar chain Wagamama has reportedly appointed a financial adviser to advise it on a possible £200m stock market flotation.
Posted: 04 October 2007 | 11:45
Brewer and pub operator Marston’s has reaped the benefits of strong food sales at its managed division over the past year.
Posted: 04 October 2007 | 10:48
Gaucho Grill Restaurants today confirmed that it is planning a £100m return to the London stock market– a year after it was acquired by private equity firm Phoenix Equity Partners.
Posted: 03 October 2007 | 13:00
Sports Cafe’s sales fell away during the first half of the year as a lack of major sporting events meant fewer punters visited its bars.
Posted: 28 September 2007 | 12:23
Enterprise Inns is still in talks with HM Revenues and Customs (HMRC) over the possibility of converting to a Real Estate Investment Trust (REIT).
Posted: 28 September 2007 | 11:34
Compass Group today said 12 months of improving its margins and the retention of existing business will lead to a healthy boost in profit when it announces full-year results in November.
Posted: 27 September 2007 | 16:49
Gaucho Grill Restaurants is planning a £100m return to the London stock market or a sale – a year after it was acquired by private equity firm Phoenix Equity Partners.
Posted: 27 September 2007 | 15:38
Piccolino owner Individual Restaurant Company (IRC) has more than doubled its sales in the past eight months thanks to aggressive expansion.
Posted: 25 September 2007 | 14:14
UK hotels achieved improved year-on-year performance last month, even though it was the coldest August since 1994, research revealed today.
London hotels achieved a 10.7% increase in revenue per available room (revpar) from £89.46 to £99.02.
Posted: 24 September 2007 | 12:25
D&D London, formerly Conran Restaurants Limited, today issued its first full year financial results since its management buyout last September.
Posted: 24 September 2007 | 08:00
Malmaison founder Ken McCulloch has suffered a fresh blow to his hotel interests after business partner and Formula One star David Coulthard had a winding up petition issued for the Dakota hotel in Nottingham.
Posted: 12 September 2007 | 10:50
A strong performance at its City of London property helped Apex Hotels deliver strong growth last year, the Scottish hotel group said today.
Posted: 10 September 2007 | 11:58
JD Wetherspoon has delivered record results as the UK’s smoking ban failed to dent profits, the pub operator said today.
Posted: 07 September 2007 | 12:50
The smoking ban has had no “significant impact” on Punch Taverns’ performance but the poor summer’s weather means full-year profits are likely to be down, the pub giant said today.
Posted: 06 September 2007 | 12:10
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