All news articles for June 2011

Whitbread first quarter performance hit by Royal Wedding

Whitbread first quarter performance hit by Royal Wedding

By Lorraine Heller

Premier Inn operator Whitbread has reported a continued sales increase in its first financial quarter, but said that business suffered in April as a result of the extended Easter and the Royal Wedding holiday.

Tax increases hit pub and restaurant wine sales

Tax increases hit pub and restaurant wine sales

By Tom Allsop

Record tax increases on alcohol are causing consumers to drink wine at home rather than in pubs and restaurants, according to the latest research from the Wine & Spirit Trade Association (WSTA).

Red Hot World Buffet plans expansion to 80 UK venues

Red Hot World Buffet plans expansion to 80 UK venues

By Becky Paskin

Red Hot World Buffet (RHWB), the north-based buffet restaurant operator, has revealed plans to grow its estate up to 80 venues as it launches Europe’s largest buffet in Manchester.

Fuller’s £53.9m bid for Capital Pub Company rejected

Fuller’s £53.9m bid for Capital Pub Company rejected

By Becky Paskin

Capital Pub Company has rejected a bid by Fuller’s to acquire the group for £53.9m and has refused to enter talks with the group, claiming such a price ‘substantially undervalued the business and its prospects’.

Pearls of Wisdom: Sat Bains

Pearls of Wisdom: Sat Bains

By William Drew

Recognised as one of the country’s most creative chefs, the notorious Nottingham-based Bains isn’t getting any quieter.

UK hotel performance: the past, present and future

UK hotel performance: the past, present and future

By Becky Paskin

Delegates at the inaugural Boutique Hotel Summit this week were told to watch their pricing structure for the 2012 London Olympic Games to avoid pricing themselves out of the market.

Learning from abroad: Hotels

Learning from abroad: Hotels

By Lorraine Heller

Many major hotel trends reach our shores after first taking a hold in international markets. In the second part of this month’s feature, BigHospitality takes a look at the latest concepts that have been emerging in hotels abroad.

V8 Gourmet goes into administration again

V8 Gourmet goes into administration again

By Becky Paskin

V8 Gourmet, the troubled Indian restaurant group part-owned by Bollywood actress Shipa Shetty, has gone into administration again despite receiving last minute backing from new investors.

Business Profile: Pho

Business Profile: Pho

By Joe Lutrario

Stephen and Juliette Wall’s Vietnamese restaurant concept Pho is on the expansion trail.

Tanaka and Jankel take Street Kitchen food truck to the City

Tanaka and Jankel take Street Kitchen food truck to the City

By Lorraine Heller

Pearl chef Jun Tanaka and Mark Jankel, chef and founder of The Food Initiative, will take their mobile Street Kitchen unit to Finsbury Avenue Square for three months to bring “gourmet grub” to the City’s business population.

Pubs and restaurants suffer post-bank holiday slump

Pubs and restaurants suffer post-bank holiday slump

By Emma Eversham

Pub and restaurant chains suffered a slump in sales in May following April's bank holidays, but performed better than retail according to latest figures from the Coffer Peach Business Tracker.

Pubs continue to suffer as drinkers stay at home

Pubs continue to suffer as drinkers stay at home

By Emma Eversham

Pubs are continuing to suffer from reduced drinks sales as cash-strapped consumers decide to stay at home because they can get better value from shop-bought alcohol.

Travelodge releases study on futuristic hotel rooms

Travelodge releases study on futuristic hotel rooms

By Lorraine Heller

Hotel rooms of the future will offer guests the ability to customise the walls and surroundings of their rooms to transform them into the venue of their choice, allowing for interactive audio-visual shopping or tourism, according to a futuristic study...

BAHA changes name to HOSPA

BAHA changes name to HOSPA

By Lorraine Heller

BAHA, the British Association of Hospitality Accountants, will be rebranding to reflect the changing nature of financial management in the hospitality industry.

How to secure funding for your hospitality business

ASK THE EXPERTS

How to secure funding for your hospitality business

In today’s environment, how can a growing business be sure that it’s in the best possible position to secure much-needed financing? Mike Saul, Head of Hospitality and Leisure at Barclays Corporate explains how to access finance in the changing world of...

UK hotels oppose ‘bed tax’ suggestions

UK hotels oppose ‘bed tax’ suggestions

By Lorraine Heller

The UK hotel industry has again strongly opposed suggestions that it should carry any additional taxes on rooms, amidst moves by some European cities to introduce the levy.

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