Recession
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Story of the week: Three-Michelin-starred chef Daniel Boulud set to open a restaurant at the Mandarin Oriental hotel in London. In more Michelin news, iconic French chef Pierre Koffmann, the former three-Michelin-starred chef patron of the famous La Tante Claire restaurant...
Posted: 06 November 2009 | 16:30
When Westfield London opened a year ago, record numbers of shoppers flooded through its doors and into its many restaurants. But with no signs of the recession easing, are the hospitality operators at the shopping centre still going strong? Kerstin Kühn reports.
Posted: 05 November 2009 | 07:00
Pub and bar operators are diversifying their offer in increasingly unusual ways to combat the effects of the recession, research has revealed. In a poll of 60 members of industry body BII, 94% said they have tried out new ideas for their businesses in the last 12 months...
Posted: 02 November 2009 | 11:35
Story of the week: Heston Blumenthal will not face legal action over the food poisoning outbreak at his three-Michelin-starred restaurant the Fat Duck, Windsor and Maidenhead Council announced this week. Gordon Ramsay has parted company with the chief financial officer ...
Posted: 30 October 2009 | 14:54
Hotel operator Rezidor has warned that the difficult business climate is likely to continue in the short-term after it posted losses of €6m (£5.35m) for the third quarter of 2009. The company - which operates Radisson SAS Hotels and Resorts, Regent Hotels and Resorts, Park Inn and Country Inns ...
Posted: 30 October 2009 | 12:37
Kirk Kinsell, InterContinental Hotels Group's president for Europe, Middle East & Africa, explains why smart brands invest despite the slump in business demand. "In the toughest year on record, people are travelling less and looking for real value, driving room rates down...
Posted: 30 October 2009 | 10:00
The majority of small hotel and catering operators believe the recession has made their business more efficient, research has revealed. In the survey of nearly 150 hotels and caterers by Barclays Local Business, 64% said the tough economic climate has made them more efficient...
Posted: 30 October 2009 | 08:00
The UK seems to be faring well in the hotel market despite the recession, two separate studies have shown. According to the September 2009 STR Global Construction Pipeline Report, London is the second most active city in the hotel development pipeline in Europe.
Posted: 22 October 2009 | 09:50
Story of the week: UK recession claims three victims in bad week for hospitality. The hospitality industry was hard hit by the recession this week as three businesses collapsed into administration. Tootsies; Merchant Inns; Gold & Brown.
Posted: 16 October 2009 | 17:14
The hospitality industry was hard hit by the recession this week as three businesses collapsed into administration. Restaurant...
Posted: 16 October 2009 | 12:22
Now is a good time to invest in the learning and development of your staff, in order to gain a competitive edge for when the economic crisis eases - and it need not cost lots of money. Jane Sunley, managing director of Learnpurple, explains
Posted: 02 October 2009 | 12:38
Operators are advised to build their brands so that pubs, restaurants and hotels become known for more than promotional deals. Emma White and Gemma Sharkey report.
Posted: 30 September 2009 | 11:15
Bill Knott, founder of the annual Restaurants Against Hunger campaign, urges restaurateurs to get involved. It costs little, raises staff morale and gives customers who can afford to eat out the satisfaction of knowing that they're helping those who can't.
Posted: 24 September 2009 | 08:00
Red Snapper Events has become the latest casualty of the recession as the catering firm was forced to go into voluntary liquidation. Damian Clarkson, managing director of Red Snapper, took the decision to liquidate the business at the end of July, following a “dark 12 months in a fool’s market.”
Posted: 22 September 2009 | 11:00
Story of the week: Industry figures pay tribute to Keith Floyd, the legendary chef, restaurateur, TV chef and bon viveur, who has died aged 65. Celebrity chef Tom Aikens has introduced a bring your own (BYO) alcohol policy at his Michelin-starred restaurant in London's Chelsea for two months.
Posted: 18 September 2009 | 16:15
The UK hotel industry is over the worst with the leisure trade aiding the London market, according to the PricewaterhouseCoopers LLP (PwC) UK hotel forecast. Its report, UK hotels forecast: Not out of the woods yet, predicts an overall revenue per available room (revpar) fall of 12.1% this year,...
Posted: 18 September 2009 | 11:00
Pubs and restaurants offering discount vouchers are being warned that customers will continue to expect value deals even when the economy improves. Accountancy firm Deloitte advises pubs to be wary of undermining the long term benefits of building a brand by offering continuous discounts.
Posted: 17 September 2009 | 12:39
Budget hotels in Europe are best placed to withstand the economic downturn, according to a recent poll. The survey, conducted by Samsung Electronics Europe and OnePoll of 5,000 people across Europe, looked at the factors that matter most to consumers when booking a hotel room
Posted: 17 September 2009 | 07:00
The weak pound is attracting an increasing number of leisure visitors to the UK, but the positive figures are expected to be eclipsed by the effects of the recession, according to VisitBritain. Holiday visits to the UK are up 4% since the start of 2009 as a result of a favourable exchange rate for foreign travellers.
Posted: 15 September 2009 | 16:19
Nightclub operator Luminar is seeking to attract a more mature, solvent clientele in order to boost business during the recession. Chief executive Stephen Thomas announced plans to focus on the expanding “divorced, single and dumped” market to lessen Luminar’s reliance ...
Posted: 15 September 2009 | 11:07
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