Consumer spending on eating and drinking out continues to hold up post-Brexit vote, with managed pub and restaurant groups reporting collective like-for-like sales up 1.8 per cent in September against the same month last year, according to latest Coffer...
Almost two-thirds of the British public have opted to eat out on Christmas day to alleviate the stress of cooking on themselves and their families, according to a report by Bookatable, while the website has seen a 251 per cent increase in Christmas bookings...
The UK hotel industry had a ‘great year’ in 2014, with strong December performance helping push profits up across London and the provinces, according to the latest UK Chain Hotels Market Review from Hotstats.
The disparity between London and the Provinces when it comes to the profitability of hotels is continuing to increase as properties in the capital recorded a third successive year of growth but those in other regions slumped to a fifth consecutive year...
Combined like-for-like sales for pub and restaurant groups inside the M25 increased by 5 per cent in August, but businesses outside of London saw a much more modest uplift of just 1 per cent compared with the same month last year.
With another year plagued by a poor economic backdrop, hotels in London were able to record a second consecutive year of profitability growth in 2011, but provincial properties suffered a fourth successive year of profit decline.
London hotel prices in November 2011 have risen 33 per cent in the past year to £177 per night, making the UK capital one of the main drivers for European hotel price recovery, online booking service Trivago reported today.
June was the 19th profitable month in a row for hoteliers in London, while it was the first profitable month since January for provincial hotels, according to the latest HotStats report from TRI Hospitality.
Hotels across Europe have seen occupancy and rates increase over the past six months, as business and leisure demand continues to improve, according to recent data from the hotel market consultancy STR.
Marston’s, the brewer and pub group, this morning said it was making good progress in each of its trading divisions, with sales growth in its managed pub arm up 2.4 per cent for the 23 weeks to 12th March 2011.
London hoteliers should expect a successful trading period when the 2012 Olympic Games reaches the UK, after hotels in Vancouver saw more than a 100 per cent increase in revPAR during the Winter Olympics this year