Finance

Crowdfunding success accelerates Innis & Gunn Beer Kitchen rollout

10-Nov-2016 By Emma Eversham

Scottish craft brewer Innis & Gunn is planning to bring forward the opening of its Beer Kitchen sites in England and North America due to the success of its current crowdfunding campaign. 

The Cheese Truck overreaches crowdfunding target by £30k

08-Nov-2016 By Emma Eversham

Grilled cheese street food operation The Cheese Truck is to open The Cheese Bar in Camden after overreaching its £100k crowdfunding target by 30k. 

Chilango launches £1m crowdfunding campaign to aid regional expansion

26-Oct-2015 By Emma Eversham

Mexican fast food restaurant chain Chilango is aiming to raise £1m through a second crowdfunding campaign to kickstart its regional expansion plans.

Summer Budget 2015: Hospitality industry mulls 'considerable impact' of compulsory Living Wage

08-Jul-2015 By Emma Eversham

Introducing a compulsory Living Wage will have a 'considerable impact' on the hospitality industry, trade bodies have warned with employers facing higher wage bills and greater administration. 

Hummus Bros starts crowdfunding campaign to fund expansion

06-May-2015 By Emma Eversham

Mediterranean restaurant brand Hummus Bros has started a crowdfunding campaign to help fund its expansion plans. 

Strong performance for easyHotel

09-Dec-2014 By Melodie Michel

‘Super budget’ brand easyHotel has announced a 34 per cent increase in revenue to £3.5m for the year ended 30 September 2014.

Ask the Experts

How to make the most of capital allowances

02-Dec-2014 By Mark Tighe

If you are in the hospitality sector and own a commercial property, you could be entitled to significant financial benefits due to a little known area of tax-relief called capital allowances. Mark Tighe, managing director of capital allowances specialists, Catax...

Bankers tell hoteliers how to get their support

27-Nov-2014 By Melodie Michel

Senior bankers from Lloyds, HSBC and Barclays spoke to hoteliers about the state of bank participation in the sector and the things they look for in loan applications at the Henry Stewart ‘Finance for hotel investment and development in the UK and continental...

Compulsory Living Wage could put over 200,000 hospitality jobs at risk

19-Nov-2014 By Lauren Houghton

Making the Living Wage compulsory could cost UK businesses £4bn, the equivalent of 213,247 jobs in the hospitality sector, according to a Greater London Assembly (GLA) member.

Double-digit profit growth for regional hotels

24-Oct-2014 By Melodie Michel

Hotels in the provinces and Scotland outperformed London’s profit growth in September, according to HotStats’ latest report.

Investors ‘deploying equity’ on healthier hotel market

14-Oct-2014 By Melodie Michel

The hotel property market is benefiting from domestic and North American investors’ need to spend the equity they raised before the crisis, according to Christie + Co.

Strada sold to Sun Capital Partners for £37m

29-Sep-2014 By Melodie Michel

Tragus Group has sold 43 Strada restaurants to Sun Capital Partners (SCP) for £37m, claiming to have ‘secured a sustainable future for the business’.

Grub Club to launch crowdfunding campaign

26-Sep-2014 By Lauren Houghton

Food start-up Grub Club will launch a crowdfunding campaign on 29 September to raise £250,000 to further the business.

#TaxEqualityDay: Pubs and restaurants unite for VAT cut

24-Sep-2014 By Melodie Michel

Over 15,000 pubs and restaurants across the UK cut their prices by at least 7.5 per cent on 24 September to show the positive impact reducing VAT to 5 per cent would have on the hospitality sector.

Gaucho Holdings posts 3% sales increase

10-Sep-2014 By Melodie Michel

Gaucho Holdings has posted a 3 per cent sales increase for 2013.