Finance
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In our final focus on Tomahawk Hotels in this series, Tom Vaughan looks at its swift rise over the last three years, and what the future might hold
Posted: 07 June 2007 | 00:00
Vector Hospitality, the first hotel real estate investment trust (REIT), has dropped its share price in a bid to attract sufficient investment.
Posted: 06 June 2007 | 10:04
Essential news from around the world, including: New St Regis property opens in Florida; Carlson buys additional Rezidor shares; IHG launches first Candlewood Suites outside USA
Posted: 04 June 2007 | 12:00
The Capital Pub Company has floated on the Alternative Investment Market (AIM) with a market capitalisation of £32.3m.
Posted: 04 June 2007 | 11:30
A round-up of the weekend's news affecting the hospitality industry. News includes: Whitbread to sell leisure business for £920m; Carluccio’s in bid speculation from The Ivy owner; Pret A Manger may go up for sale...
Posted: 04 June 2007 | 09:53
Pub operator Young & Co today said food sales across its managed estate have been a significant “growth driver” helping to offset a loss in turnover from the company’s brewery operation after the sale of its Wandsworth-based Ram brewery last year.
Posted: 31 May 2007 | 11:06
Henry J Beans owner Food and Drink Group continued its turnaround from restaurant to bar-led business with strong trading across the group during the first months of the year.
Posted: 30 May 2007 | 12:19
A round-up of the weekend's news affecting the hospitality industry. News includes:Principal Hotels’ £358m buy and Strada restaurants set for takeover.
Posted: 29 May 2007 | 10:07
Following in the footsteps of its rivals, Marston’s has become the fourth pub operator in as many weeks to rule out a real estate investment trust (REIT) conversion.
Posted: 25 May 2007 | 14:20
Regent Inns has warned short-term profits will be below expectations due to a combination of a pre-Christmas lull and delays in re-developing key Old Orleans sites.
Posted: 25 May 2007 | 09:54
Cost-cutting exercises and its exit from the online gaming market will increase margins at Sports Cafe with trade remaining stable during 2007, the bar operator said today.
Posted: 24 May 2007 | 15:30
CI Traders, the Channel Islands-based retail and leisure conglomerate, saw a disappointing performance from its pubs, restaurants and hotels in Jersey and Guernsey last year.
Posted: 24 May 2007 | 14:00
Vector Hospitality, the UK's first hotel real estate investment trust (REIT), has announced its share price of between 995p and 1,115p, valuing the company at £2.02b-£2.26b.
Posted: 24 May 2007 | 12:30
Compass boss Richard Cousins will continue to streamline the company's UK arm in a bid to catch up with the group's worldwide performance.
Posted: 24 May 2007 | 00:00
The OFT is considering whether Admiral Taverns’ acquisition from Punch Taverns will require an investigation by the Competition Commission.
Posted: 22 May 2007 | 10:49
All Bar One owner Mitchells & Butlers (M&B) has become the latest pub giant to spurn the use of a tax efficient real estate investment trust (REIT).
Posted: 22 May 2007 | 10:06
Pub operators could convert to real estate investment trusts (REITs) without splitting into separate operating and property companies if the Government re‑evaluates its definition of rental income, analysts have said.
Posted: 17 May 2007 | 13:30
Capital Pub Company is to float on the Alternative Investment Market (AIM) at the start of next month in a bid to raise funds for pub acquisitions across greater London.
Posted: 17 May 2007 | 12:30
US fast-food chain Wendy’s has appointed financial advisors to look into a possible sale of the company.
Posted: 17 May 2007 | 11:30
Frankie & Benny’s and Chiquito owner The Restaurant Group has made an “encouraging” start to year with like-for-like sales for the first five months ahead of expectations.
Posted: 16 May 2007 | 12:30
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