Recession
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Up to 60,000 jobs will be lost across the beer and pub industry over the next five years if planned beer tax increases go ahead in the Budget on April 22, the British Beer & Pub Association (BBPA) warned today.
Posted: 08 April 2009 | 12:29
Hospitality industry leaders have issued their wish list for the Budget, which takes place on 22 April, with tax at the top of the agenda.
Posted: 08 April 2009 | 08:03
The hospitality industry was at the centre of last week’s G20 summit and associated protests with hotels, restaurants and City caterers experiencing both benefits and drawbacks.
Posted: 08 April 2009 | 07:30
Brewer and pub operator Adnams today warned that 2009 would be “as bad or worse” as last year for the pub industry as it reported a drop of more than 60% in annual profits.
Posted: 06 April 2009 | 12:49
A round-up of the weekend's news affecting the hospitality industry. News includes: Verdict due in Wetherspoon property fraud trial; Eurozone hotels offering enticements to British holidaymakers; Fire-gutted heritage hotel may become flats
Posted: 06 April 2009 | 10:15
Jane Renton, general manager at the Jumeirah Lowndes hotel in London and Master Innholder, says creativity can help hotels beat the recession without hitting the bottom line
Posted: 03 April 2009 | 00:00
Golden Tulip Hospitality Group, which has 780 hotels around the world, has become the latest victim of the global recession and has been forced to seek protection from its creditors.
Posted: 02 April 2009 | 08:00
Celebrity chef Paul Rankin has spoken of his relief over having bankruptcy proceedings against him dismissed, saying the experience had been a “steep learning curve”.
Posted: 01 April 2009 | 07:30
Hotel group Jurys Inns has revealed it is receiving as many as 100 job applications for some vacancies as candidates from a variety of sectors such as banking, recruitment, retail and even the army look to switch to hospitality.
Posted: 30 March 2009 | 13:24
The Liberal Democrats took their campaign calling on the British government to take tourism seriously to 10 Downing Street on Wednesday, tying in with British Tourism Week.
Posted: 27 March 2009 | 08:10
Banks have come under fire for not lending to hospitality operators, but Tony Burnell, relationship director for hotels and leisure at Lloyds TSB Corporate Markets, insists that funding is still there for the right businesses
Posted: 26 March 2009 | 00:00
The luxury Ellington hotel in Leeds, which entered administration last month, has been put up for sale for a guide price of £3m, it was announced today.
Posted: 25 March 2009 | 11:39
If you'd had a flutter and backed Compass Group to win the race to become sole supplier to Jockey Club Racecourses, you’d be smiling as much as the contract caterer’s management undoubtedly are at the moment.
Posted: 20 March 2009 | 14:32
The major hotel operators are "in denial" about the repercussions of the global financial crisis and must change their business models to adapt, industry experts have warned.
Posted: 19 March 2009 | 08:00
Gemma Sharkey reports from a sombre International Hotel Investment Forum (IHIF) in Berlin, where hoteliers were hard-pressed to find a silver lining
Posted: 19 March 2009 | 00:00
The recession presents a “great opportunity” for contract caterers to showcase their worth, according to the chief executive of Elior UK.
Posted: 18 March 2009 | 08:00
Five-star Reading hotel the Forbury has called in the administrators after becoming the latest victim of the recession.
Posted: 17 March 2009 | 09:00
I got the poison, I got the remedy, I got the pulsating rhythmical remedy. No such certainties from Heston Blumenthal unfortunately, with mystery continuing to surround the food scare that led to the closure of the Fat Duck last month.
Posted: 13 March 2009 | 16:47
Pub chain JD Wetherspoon is increasingly shunning conversions in favour of snapping up failed pub sites at bargain prices as the recession hits home.
Posted: 13 March 2009 | 14:18
Plans to increase redundancy pay to help workers laid off because of the recession would only result in company closures and more job losses, business groups have warned.
Posted: 13 March 2009 | 07:00
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