Food is being dubbed a 'lifeline' for many pubs, despite the operating costs involved in serving food being 7 per cent higher than they are in wet-led pubs, the Association of Licensed Multiple Retailers (ALMR) reports.
As sales in the UK’s foodservice sector are beginning to decline, restaurant, bar and café operators are keeping customers eating out by introducing new brands, changing their menus and broadening their food and drink offering.
A new report has revealed that major sporting events in the first half of this year led to average hotel price increases of nearly 30 per cent, lending weight to predictions that even larger price hikes are due for next year’s Olympics.
Britain’s beer drinkers are paying a staggering 40 per cent of the entire European Beer Tax bill, according to a new report from global accountancy firm Ernst & Young, commissioned by the European brewing industry.
Richoux Group, the operator of Richoux, Dean’s Diner and Zippers restaurants, has recorded a pre-tax loss of £2.6m for the first half of the year, despite making a profit of £440k for the same period in 2010.
A massive 84 per cent of hospitality business owners and managers have said they are not planning to make changes to staffing levels during the Olympics next year despite 15 per cent of workers saying they’d pull a sickie to watch the Games.