The owners of the London development that is home to the W Hotel London-Leicester Square, are planning to sell the property just weeks before its opening on 14 February.
Restaurant, hotel and pub property prices have stabilised over the past year, although the restaurants sector was the only one of the three to show any significant increase in average prices, according to Christie + Co.
Restaurants that have been stripped of their Michelin stars – or those that didn’t quite make it into the guide this year – should go back to the basics and refocus on their customers, says the director of the Michelin Guides.
