London businesses are set to be benefit from another record year for tourism with visitor spending set to rise to £13bn in 2015, according to the Mastercard Global Destinations Cities Index.
Loungers, the Bristol-based cafe/bar group, is forecasting run-rate turnover for its current financial year to rise to £78.8m producing a run-rate site EBITDA of £17.4m, as it expects to reach 83 sites by the end of April 2016.
Technology in pubs, bars and clubs is perceived as improving the customer experience by 52 per cent of people and as many as 67 per cent of people in the 24-35 age group, as consumers’ expectations have shifted to view technology as a necessity not a...