Gordon Ramsay Holdings has been given just a one year contract extension to run its eponymous restaurant at Mayfair hotel Claridge’s, having previously been given a 10-year deal.
But the Michelin-starred chef was predicted not to have his lease renewed at all, having previously fallen out with Claridge’s owner the Maybourne Hotel Group over restaurants operated at its other London hotels The Berkeley and The Connaught.
A spokesperson for Maybourne said: “While the GR contract was due for renewal this year, it has been agreed to extend it into 2012.”
Gordon Ramsay at Claridge’s had retained a Michelin star for seven years, but lost it in 2009 when chef de cuisine Mark Sargeant left the group , and was replaced by former head chef Steve Allen.
Last week GRH revealed that reservations at Claridge’s alone fell by 6.3 per cent, with restaurant sales across the group down 12.7 per cent for the year to August 2010 . However the group did manage to make a £2m profit thanks to reduced overheads and the sale of Murano to Angela Hartnett.
In addition to Gordon Ramsay at Claridge’s, GRH has also previously operated several other restaurants with Maybourne, including Angela Hartnett at The Connaught, Petrus at The Berkeley, and Boxwood Café also at The Berkeley.