Finance
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Brewer and pub operator Marston’s will not follow in the footsteps of Enterprise Inns and Mitchells & Butlers, ruling out conversion to a real estate investment trust (REIT) in the short term because of its high cost of entry.
Posted: 23 May 2008 | 12:30
Pub giant Mitchells & Butlers has seen its sales stall during the past six months as consumers reined in spending and the smoking ban dampened trade.
Posted: 20 May 2008 | 12:20
Mitchells & Butlers (M&B) has said it intends to puts its property assets into a real estate investment trust (REIT), but only when market conditions are suitable.
Posted: 20 May 2008 | 11:12
Speculation is mounting that Mitchells & Butlers will outline its interest in following rival Enterprise Inns and switching to real estate investment trust (REIT) status.
Posted: 19 May 2008 | 14:00
Walkabout operator Regent Inns is still in talks with potential buyers despite seeing sales fall 10.9% this year.
Posted: 16 May 2008 | 11:42
Pub giant Enterprise Inns has had to fork out £37m to support its struggling pubs in the past six months, as the smoking ban and credit crunch hit publicans hard.
Posted: 13 May 2008 | 11:57
Premium Bars and Restaurants (PBR) have snapped up Barracuda Group’s head of finance Wayne Arthur to replace Craig Bell.
Posted: 09 May 2008 | 12:29
Pub companies have been accused of charging outgoing tenants unreasonable amounts for repair work at their properties and scuppering potential sales.
Posted: 08 May 2008 | 08:00
Nurturing the right partnerships will help your business survive any downturn
Posted: 08 May 2008 | 00:00
Beppo Buchanan-Smith, proprietor of the Isle of Eriska hotel and spa and a Master Innholder, fondly recalls long winter breaks but believes year-round operations are the way forward
Posted: 08 May 2008 | 00:00
Pub giant Enterprise Inns has been granted permission to convert into a Real Estate Investment Trust (REIT) and is now deciding if it will change its internal structure to meet the criteria.
Posted: 07 May 2008 | 17:34
The Restaurant Group (TRG) has continued to defy even its own expectations of a slowdown in consumer spending by delivering healthy growth in the first months of the year.
Posted: 07 May 2008 | 11:47
Millennium & Copthorne (M&C) Hotels has published its first set of results following the appointment of new chief executive Richard Hartman last month.
Posted: 06 May 2008 | 16:20
Whitbread is looking at more cost savings and menu changes to combat rising food ingredient prices at its Premier Inn, Costa Coffee and Beefeater brands.
Posted: 28 April 2008 | 12:22
A round-up of the weekend's news affecting the hospitality industry. News includes: McDonald's trials franchising expansion with Roadchef; Forte agrees second Middle Eastern hotel; Lee Cooper jeans owner in talks to buy Regent Inns; Japanese whisky beats Scotland to two top awards
Posted: 28 April 2008 | 10:33
Mitchells & Butlers (M&B) has confirmed it is in talks about selling a stake in the business to a private equity investor.
Posted: 25 April 2008 | 16:36
A period of “challenge and change” has seen losses mount at fishmonger-cum-restaurant chain FishWorks.
Posted: 25 April 2008 | 11:49
Private equity company Bridgehouse Capital has snapped up 33 Massive Pub Company sites that were in administration for an estimated fee of £8m.
Posted: 24 April 2008 | 12:40
School meals caterers are warning that they cannot continue to bear rising food prices, but are reluctant to break the £2 price barrier. Chris Druce reports
Posted: 24 April 2008 | 11:43
Punch Taverns has hailed the changing face of the pub market and predicted a pick up in trade this summer.
Posted: 24 April 2008 | 11:33
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