Chestnut Grows Norfolk Footprint with Le Strange Arms Hotel Acquisition
Chestnut has acquired Le Strange Arms in Old Hunstanton, a renowned hotel on the North Norfolk coast, for an undisclosed sum. Le Strange Arms, located…
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Liberation Shares Positive First Half Year as LfL Sales Increase 6.4%
Brewer and retailer Liberation Group, which has over 120 pubs, bars and inns has reported a strong 6.4% increase in like-for-like sales across its managed…
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Euros Hangover Pushes Drinks Sales Down Year-On-Year
Last week’s drinks sales fell 6% below the same period in 2023 as some consumers tightened their spending after enjoying the Euro 2024 tournament in…
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WTTC Announces Powerhouse Lineup for 24th Global Summit
The World Travel & Tourism Council (WTTC) has announced its latest round of high-profile speakers for its upcoming Global Summit, featuring top leaders from the…
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Edinburgh Set For 30% Sales Increase As Festivals Kicks Off
Hospitality is set to be one of the major beneficiaries as world-leading festivals kick off today. Almost 250,000 people attended the Edinburgh Fringe and other…
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Interest Rates Cut For First Time In More Than Four Years
The Bank of England has cut interest rates by a quarter percentage point to 5%. The Bank’s nine-member Monetary Policy Committee (MPC) voted five to…
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The Taylor Swift Effect And Improving Consumer Confidence Boosts UK Hotel Sector In June
Taylor Swift’s The Eras tour and improving consumer confidence drove strong demand of UK hotels in June, providing another boost to profits, according to the…
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CAMRA Hits Out at Whitebread “Mass Pub Closures”
The Campaign for Real Ale has expressed ‘utter dismay’ over plans to close sites next to Premier Inns The Campaign for Real Ale has challenged…
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Reduce Cost of Doing Business Chancellor Urged in Upcoming October Budget
Chancellor or Rachel Reeves has been urged to implement vital measures to help the hospitality on trade sector in her first budget on October 30th….
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Mitchells & Butlers Report 5.7% Sales Increase In Year To Date
Pub and restaurant group Mitchells & Butlers has reported strong sales growth in the first three quarters of the year. Revenue was up by 5.7%…
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City Hoteliers Back Bristol Balloon Fiesta
City hoteliers are practicing what they have preached by backing this year’s Bristol Balloon Fiesta through providing free accommodation for the crew and balloon teams….
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Hertfordshire Pub Company Looks To Double In Size As It Takes Third Pub With Star
Hertfordshire-based pub operator Fishermann Pub Group has taken a five-year lease on its fourth pub in the county and says it has the capacity to…
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Euros and Sunshine Heat Up Drinks Sales 14%
The Euro 2024 final and some long overdue warm weather gave drinks sales a 14% boost in Britain’s pubs, bars and restaurants last week. The…
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Pubs Code Adjudicator Reveals Results of Annual Tied Tenants Survey
The Pubs Code Adjudicator (PCA) has issued the results of this year’s Annual Tied Tenants Survey, which highlight tenant sentiment towards, and their relationships with,…
Read more...Hospitality Sector Insolvencies Suffers Most Insolvencies Amidst Sector Struggles
In the last 12 months, company insolvencies have increased in the hospitality sector more than in any other sector, according to the latest insolvency figures…
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