Finance
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Pan-Asian restaurant chain Tasty has reported a pre-tax loss for 2006 blaming delayed openings of new sites for its performance.
Posted: 17 April 2007 | 17:23
Pub owner London Town almost halved its losses in 2006, despite many of its acquisitions making only limited contributions to its coffers.
Posted: 17 April 2007 | 16:40
Fishmonger-cum-restaurant chain FishWorks is to carry out a root-and-branch overhaul of its 12 restaurants after the revelation last week losses have almost trebled in the past six months.
Posted: 17 April 2007 | 12:38
McDonald’s Japanese franchise chain McDonald's Holdings Co Japan has reported the highest level of sales in the company's 36-year history.
Posted: 16 April 2007 | 15:50
A round-up of the weekend's news affecting the hospitality industry. News includes: New openings blamed for FishWorks troubles; £500m tranche of hotels up for sale; Hotel du Vin to build another Scottish hotel and more...
Posted: 16 April 2007 | 10:43
Budget hotel chain Travelodge has announced a move into the insurance market, the first in a number of planned forays outside its core accommodation services.
Posted: 13 April 2007 | 15:47
Two iconic hoteliers Richard Balfour-Lynn and Sir David Michels are thought to be on the verge of announcing the floatation of the first European hotel Real Estate Investment Trust (REIT) worth £2.5b.
Posted: 13 April 2007 | 12:40
Sports Cafe has shook off the termination of takeover talks to finish 2006 with an increased property portfolio and a significant boost in sales.
Posted: 13 April 2007 | 11:59
Fishmonger-cum-restaurant chain FishWorks has seen losses balloon in the first six-months of the year after a turbulent period saw both its chairman and finance director quit.
Posted: 13 April 2007 | 11:08
Profits at pizza and pasta restaurant group Prezzo have soared in its fourth year of trading and the company said it is in “great shape” to grow further this year.
Posted: 12 April 2007 | 10:47
A round-up of the weekend's news affecting the hospitality industry. News includes: Shares in M&B dip after refusal to split the group;
London-based hotel group spends £29m on Chinese hotel and more...
Posted: 10 April 2007 | 10:38
Shares in Starwood Hotels & Resorts rose to their highest level in almost 20 years last night after analysts said a buyer may be willing to pay $83 (£42) a share for the company.
Posted: 05 April 2007 | 10:37
Hotel industry consultant Melvin Gold greets the tax restructuring in the Budget with disbelief
Posted: 05 April 2007 | 00:00
Dawnay Shore Hotels spent £23m upgrading IT and front office management systems to drive conference and banqueting in its Paramount hotel group last year.
Posted: 04 April 2007 | 09:57
Coffee bar chain Coffee Republic has gone back to the stock market in the hope of raising a further £707,000 to fund the expansion of its brand with the recruitment of a network of franchisees.
Posted: 03 April 2007 | 10:08
A round-up of the weekend's news affecting the hospitality industry. News includes: High Court VAT ruling on smoothies; Clapham House wants £4.65m to expand; Smoking shelter that can double as event marquee and more...
Posted: 02 April 2007 | 11:34
Caterer Compass Group has revealed its performance in the first five months of the year is ahead of expectations, pleasing City analysts.
Posted: 02 April 2007 | 10:38
One-third more orders go out in less than 15 minutes as benchmarking system creates competition between stores
Posted: 30 March 2007 | 17:20
Restaurant operator Clapham House has said its full-year trading is on track and that it plans to raise around £4.65m with a share placing.
Posted: 30 March 2007 | 14:42
Pub operator Enterprise Inns “traded well” in the first half of its financial year, and said that both operating and pre-tax profit for the six months to 31 March would be in line with its expectations.
Posted: 30 March 2007 | 10:15
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