Finance
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Domino’s Pizza plans to focus on franchise management in 2007, as it works on increasing the numbers of stores owned by individual franchisees.
Posted: 20 February 2007 | 14:36
InterContinental Hotels Group (IHG) is to return a further £850m to shareholders after announcing today that 2006 was a “successful year on all fronts”.
Posted: 20 February 2007 | 11:04
QHotels was the highest placed hospitality company in the Sunday Times Deloitte Buyout Track 100, a league table of fastest-growing private-equity backed businesses.
Posted: 19 February 2007 | 10:53
Some hospitality and leisure businesses could face a revenue decline of up to 15% when the smoking ban is implemented this year, with many taking more than three-years to recover to pre-ban levels, experts have predicted.
Posted: 19 February 2007 | 09:00
The owners of a well known Chinese restaurant in South Wales have been ordered to pay £1.5m after a judge ruled they had been involved in money laundering.
Posted: 16 February 2007 | 15:00
Compass Group reported encouraging trading results for the first four months of its financial year and said business was “marginally ahead of expectations”.
Posted: 16 February 2007 | 10:12
The Government has been urged to reform company law to protect workers' rights and stop venture capitalists stripping companies of their assets.
Posted: 16 February 2007 | 09:30
Benjys' days look numbered after the troubled sandwich chain collapsed into administration for the second time in a year.
Posted: 15 February 2007 | 00:00
The strong economic environment in Europe drove both revenue and profits for a second year running at Rezidor, the hotel group announced today.
Posted: 14 February 2007 | 17:18
InterContinental Hotels Group (IHG) is expected to return a further £800m to shareholders when it releases it full year results next Tuesday.
Posted: 14 February 2007 | 11:18
Hotel investment levels in Europe reached €21.6b (£14.4b) last year, 37.9% up on 2005 and more than double the deal volume of 2004, research has revealed.
Posted: 13 February 2007 | 10:30
Luxury hotel chain Four Seasons is to go private after accepting a $3.8b (£1.75b) takeover bid from Microsoft supremo Bill Gates and the Saudi billionaire Prince Alwaleed bin Talal.
Posted: 13 February 2007 | 10:04
Fast-growing but beleagured seafood restaurant and fishmonger chain FishWorks is raising £2.5m through a share placement.
Posted: 12 February 2007 | 15:58
A round-up of the weekend's news affecting the hospitality industry. News includes: Irish News, Fishworks, Bourne Leisure
Posted: 12 February 2007 | 11:56
Administrators have put a £250,000 price tag on a trouble-hit luxury Tyneside bar complex.
Posted: 12 February 2007 | 09:30
The European Bank for Reconstruction and Development (EBRD) plans to provide €52.6m (£35.1m) in financing for Croatian hospitality group GS Hotels and Resorts.
Posted: 09 February 2007 | 14:32
Compass Group's slap on the wrist from institutional investors over the controversial pay packages handed out to former executives will not affect the new management team's efforts to reinvigorate the company, experts said this week.
Posted: 08 February 2007 | 17:30
The hospitality industry has always been a natural home for entrepreneurs, whether it be Stelios and his EasyHotel chain, Hotel du Vin's Robin Hutson, Simon Woodroffe with his Yo! concepts or Johnny Sandelson's GuestInvest buy-to-let scheme. But it seems that the constant rise in property prices is preventing the next generation of entrepreneurs from flourishing in the sector.
Posted: 08 February 2007 | 00:00
Bar operator Ultimate Leisure could raise as much as £75m to fund expansion if investors vote for a share placement later this month.
Posted: 08 February 2007 | 00:00
Pub groups Punch Taverns and Mitchells & Butlers look likely to be promoted to the FTSE 100 when the next quarterly review takes place on 7 March , financial analysts have predicted.
Posted: 07 February 2007 | 17:45
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