Finance
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Essential news from around the world, including: Leela Palaces and Resorts joins GHA to drive trade; Starbucks to open first Russian outlets; Germany to get third Rocco hotel; Pizza Hut aims for double-digit growth
Posted: 07 February 2007 | 08:00
Sandwich chain Benjys has collapsed into administration for the second time in a year, according to media reports.
Posted: 06 February 2007 | 17:09
Turnover at Regent Inns, owner of the Walkabout, Jongleurs, Bar Risa and Old Orleans brands, increased by 10.9% for the 26 weeks ended 30 December, the company has announced.
Posted: 06 February 2007 | 11:21
Schtop! City Inn is off to Amsterdam in its first overseas foray...
Posted: 05 February 2007 | 11:27
More than 850 Whitbread employees stand to benefit from the leisure giant’s annual "sharesave" scheme, which matured this week.
Posted: 02 February 2007 | 12:58
Coffee giant Starbucks has returned to winning ways after profits dipped last year, posting record turnover during its first quarter.
Posted: 02 February 2007 | 10:15
The Scottish winter has not been ruinous to pub operators as many critics of the country’s smoking ban feared, according to new figures from Mitchells & Butlers.
Posted: 02 February 2007 | 09:48
Individual Restaurant Company (IRC) said it experienced strong trading over the Christmas period, with sales largely driven by six new openings completed during the year.
Posted: 31 January 2007 | 12:23
Managed pub chain Barracuda Group has reported a 19% rise in turnover for the 12 months to end of September 2006, largely driven by an increase in food sales.
Posted: 31 January 2007 | 11:45
The fallout at restaurant chain FishWorks has continued with the resignation of the company’s finance director and questions raised about its future.
Posted: 30 January 2007 | 16:51
A host of restaurant operators have signed up to the £500m regeneration of Bristol's central shopping area, it was announced today.
Posted: 30 January 2007 | 16:02
Italian restaurant and food shop group Carluccio’s has performed well over the Christmas period and is on track with its expansion plans, it said today.
Posted: 30 January 2007 | 12:30
Greene King was given a boost by soaring summer temperatures which helped lift profits by 6.9% in the first half.
Posted: 29 January 2007 | 11:51
A round-up of the weekend's news affecting the hospitality industry. News includes: Whitbread; Macdonald Hotels;Jamie Oliver; Mitchells & Butlers; Jurys Inn; City Inn; and Wetherspoon
Posted: 29 January 2007 | 10:33
Restaurant chain FishWorks has taken steps to address the weak trading that led to a profit warning last December and caused the resignation of its chairman.
Posted: 24 January 2007 | 14:51
Higher interest rates may have hit custom in JD Wetherspoon in January as consumers cut down on their spending, according to chief executive John Hutson.
Posted: 24 January 2007 | 13:11
Punch Taverns, the UK’s largest pub operator, has revealed in an AGM statement that sales for the first 20 weeks of its financial year have risen 5% in its managed estate business and 1% in its leased business.
Posted: 24 January 2007 | 12:06
An upbeat Christmas has failed to dispel deep pessimism in the City about the long-term prospects for pub chain Honeycombe Leisure.
Posted: 23 January 2007 | 10:00
Shares in InterContinental Hotels (IHG) rose to a record high today after it emerged that the Barclay Brothers have more than doubled their stake in the business.
Posted: 22 January 2007 | 11:48
Deposed Coffee Republic boss Bobby Hashemi has cashed in share options worth £412,500 as part his severance package with the company.
Posted: 22 January 2007 | 11:13
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