TRG enjoyed solid profit and revenue growth in the first half of 2014

The Restaurant Group delivers solid first half performance

By Carina Perkins

The Restaurant Group (TRG) has reported strong financial results for the first half of 2014, with its Frankie and Bennie, Coast to Coast and Chiquito brands all enjoying significant profit and revenue growth.

Accor has enjoyed good growth since splitting its business into HotelInvest and HotelServices

Accor enjoys continued momentum in Q2 2014

By Carina Perkins

International hotel group Accor enjoyed continued growth in Q2 2014, with good trading in the UK helping to offset the impact of a VAT increase in France.

The monthly HotStats survey covers 70 areas of hotel revenue, cost, profit and statistics

Sustained revenue and profit growth for Scottish hotels

By Luke Nicholls

Hoteliers in Scotland experienced a 6.3 per cent increase in total revenues per available room (TrevPAR) in November, with a 6.5 per cent rise in gross operating profit per available room (GOPPAR) representing 14 consecutive months of year-on-year increases,...

Capital comeback: Hotels in London saw a surge in TrevPAR thanks to an average rate increase

London hotels back on track, Provinces continue to shine

By Luke Nicholls

Hotels in London ‘bounced back’ in September after two consecutive months of decline, while those in the Provinces continued to shine with positive movements across all key performance indicators.

Tiger Tiger operator Novus Leisure has posted a strong set of financial results which include a 32 per cent jump in food sales within the last year

Novus Leisure reports 32% growth in food sales

By Peter Ruddick

Premium bar and restaurant operator Novus Leisure has reported a strong set of financial results for the last year with big jumps in both sales and earnings while food sales have seen a 32 per cent improvement.

Mike Tye, Spirit Pub Company chief executive, has revealed the company experienced a strong last financial year reporting a jump in pre-tax profits of 16 per cent

Spirit reports 16% rise in pre-tax profits

By Peter Ruddick

Spirit Pub Company has reported a rise in pre-tax profits of 16 per cent in the last year, its first as an independent business, while chief executive Mike Tye has stated his intention for the business to increase performance in its leased venues after...

MWB's Bistro du Vin restaurants in Soho and Clerkenwell generated a loss of £330,000 in the 18 months to June 2011

MWB sells Bistro du Vin restaurants

By Luke Nicholls

MWB Group, the company behind Hotel du Vin and Malmaison, has today confirmed the sale of two Bistro du Vin restaurants in London to the owners of the Burger & Lobster brand for £1.2m.

Novus, who operate the Tiger Tiger brand, saw their festive sales rise for the fourth year in a row

Novus festive sales up for fourth year in a row

By Peter Ruddick

Restaurant and bar operator Novus Leisure has revealed like for like sales were up 18 per cent over the festive period, led by the success of the recently acquired city bar chain Balls Brothers and an increase of pre-booked and advance corporate events.

Accor's upscale hotels in the UK performed better than its economy hotels

Accor sales grow as room rates recover

By Lorraine Heller

The international hotel group Accor has seen revenues grow over the first half of the year as occupancy rates rise steadily and room rates start to recover.


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