Nightlife businesses have seen their operating costs soar by more than a quarter, according to new figures from the Night Time Industries Association (NTIA).
Fish restaurants are bearing the brunt of foodservice price inflation, with fish prices leaping 23%, according to new figures from CGA Prestige Foodservice.
A perfect storm of factors are continuing to propel food prices skyward – average food prices were up 1.4% in June and the same figure last month – and the worst is probably still to come.
Three in five restaurant owners and managers have never heard of research and development (R&D) tax relief, which means that they are potentially missing out on a sizeable tax windfall.
Northern cities are seeing a boom in independent restaurant openings with growth rates outstripping traditional hotspots such as London and Edinburgh, a new study shows.
Despite the trend for rising prices year-on-year in hotels throughout the UK, overnight costs decreased in London and Glasgow this September, according to hotel.info.
The Forum for Private Business has published advice which could help small- and medium-sized hospitality businesses cut the cost of complying with regulatory changes.
Hotel prices in Wimbledon have increased by as much as 114 per cent while the tennis championships are on, according to hotel search website trivago.co.uk, and hospitality businesses are laying on events and offers to make the most of the tournament.
London has overtaken Sydney, Paris, New York, Stockholm, Zurich and Oslo to claim the title of the most expensive city break destination in the world, according to new research from TripAdvisor.
The Good Pub Guide has predicted that between 2,500 and 4,000 pubs will go out of business over the next year because they have failed to keep up with rising standards across the industry.
Despite being continually battered by a perfect storm of high taxes, cheap supermarket alcohol and grim economic times, life for Britain’s pubs and bars is on the up – capex has risen by more than 66 per cent over the past year as operators continue to...
Food prices have overtaken rent and business rates in the list of major overheads facing UK restaurants and are now second only to staff wages, according to a new industry-wide report by reservations company Livebookings.
Hotel prices in the capital rose again this month with an average overnight stay in a London hotel costing £144 in March, up 5 per cent from a year ago, while hotels in Glasgow, Manchester and Brighton also defied the trend of falling prices in the provinces.
Many chefs are being forced to be more creative with Christmas menus to remain profitable this year as the latest food price index shows that the ingredients used in a traditional Christmas dinner have risen by an average of 7 per cent on last year.
In UK cities such as Manchester and Birmingham, hotel prices have fallen to their lowest point since the beginning of the year as visitors prefer beach destinations.
Pub operating costs are stabilising for the first time since 2007, indicating that Britain’s pubs and bars have a good platform for growth, reveals a benchmarking report from ALMR.
The cost of a three-course meal in the UK’s restaurants, pubs and hotels has risen over the past year, despite the price of a main course remaining the same
Guests paid an average 16 per cent less for hotel rooms in the UK between January and June this year compared to the same period last year, according to a survey by booking website Hotels.com
Individual Restaurant Company, owner of the Piccolino’s and Bar & Grill brands, plans to open at least four new sites this year despite seeing profits fall by more than half in 2008
The British Hospitality Association (BHA) warns that as many as 45,000 jobs could be lost if the Government pushes ahead with plans to outlaw the use of tips to boost below-minimum wages
