Financial Results
Travelodge revenue exceeds £1b for the first time
Travelodge has reported record full-year results, with revenue exceeding £1b for the first time due to strong demand from business and leisure.
Soho House executive chairman: 'It’s hard to read that we aren’t profitable'
Ron Burkle, executive chairman of the Soho House board, has addressed rumours that the group will return to being a private company, writing to shareholders “it’s hard to read that we aren’t profitable when our houses are very profitable”.
Hyatt announces 17% revpar boost in full-year results
Accor breaks €1b EBITDA mark with record full-year results for 2023
PPHE optimistic 2024 will be another 'strong year'
Wetherspoon’s reports 10% rise in like-for-like sales
Pho eyes expansion as performance ‘buoys confidence’
Vietnamese restaurant group Pho is eyeing continued expansion after seeing turnover increase by more than 30%.
Gleneagles sees rise in turnover as multimillion-pound refurbishment continues
Gleneagles hotel saw a rise in turnover last year as it continued its multimillion-pound refurbishment programme.
Richard Caring’s restaurant empire reports strong revenue growth
Richard Caring’s Caprice Holdings, behind restaurants including Scott’s Mayfair, Sexy Fish and J.Sheekey, saw turnover jump[...]
Shepherd Neame records ‘record revenues’ despite ‘challenging economic conditions’
Pub operator and brewer Shepherd Neame has recorded record revenues in the year to 24 June[...]
Brighton Pier Group reports ‘lower than expected’ sales
Brighton Pier Group has announced a decline in total revenues due to “ongoing inflationary pressures” in its unaudited results for the six months ending 25 June 2023."
Whitbread reports 'outstanding' Q1 for Premier Inn
Premier Inn has reported “outstanding” Q1 performance with UK accommodation sales up 18% compared to the same period the previous year.
Young’s reports 19.4% revenue boost despite cost headwinds and rail strikes
Despite a year of inflationary cost pressures and rail strikes, pub group Young’s has reported revenues of £368.9m, up 19.4% on last year.
PPHE Hotel Group 'confident' as trading nears pre-pandemic levels
PPHE Hotel Group has said it is “confident” in its financial performance as total room revenue[...]
Tortilla 'enthusiastic' about year ahead following rise in revenue
Fast-casual Mexican restaurant group Tortilla has announced that 2022 was a year of “significant growth”, with[...]
UK’s top restaurant groups still in 'danger zone' despite profit bounce
The UK's top 100 restaurant groups have returned to profitability after four years of losses but[...]
Soho House lowers revenue forecast
Soho House parent company the Membership Collective Group (MCG) has lowered its revenue and earnings targets[...]
Compass targets market share as revenues rebound
Contract catering giant Compass has reported “strong momentum” in new business wins and potential to increase market share having seen a stronger than expected fourth quarter."
Diageo reports 'encouraging return to growth'
Global drinks firm Diageo has reported an “encouraging return to growth" in its half-year results, with strong growth in spirits.
Last six months ‘one of the toughest periods’ for Young’s as pub group swings to £21.8m loss
The last six months have been “one of the toughest periods” for Young’s as the pub group has swung to a £21.8m pre-tax loss in its results for the first half of the year.
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