Consumer confidence fell for the third consecutive quarter in Q1 2022, but the percentage of consumers spending more on restaurants rose by nine points quarter-on-quarter, according to data from Deloitte.
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.
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.
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,...
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.
The Restaurant Group, owner of the Frankie & Benny's, Chiquito, Garfunkel's and Coast to Coast restaurant brands, says it has seen an 'excellent performance' across all its brands in the first half of 2013.
Last month was a resounding success for hotels across the UK: In London, hoteliers saw total revenue per available room (TrevPar) grow by 10.9 per cent, while profits in the Provinces rose by 9.4 per cent.
Managed pubs located within the M25 are failing to perform as strongly as those outside the capital when it comes to food sales, according to a new report released by on-trade consultancy firm CGA Strategy.
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.
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...
The heavy rain over the last three months coupled with the Chancellor's March tax hike are being blamed for a 4.6 per cent drop in beer sales in pubs during the second quarter of 2012.
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.
Spirit Pub Company has announced it is continuing to transform the business as pre-tax profits for the 28 weeks to 3 March 2012 rose 7 per cent to £20m driven by a strategy for the managed site portion of the business.
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.
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.
Individual Restaurant Company (IRC), operator of the Piccolino and Restaurant Bar & Grill brands, has reported a fall in revenues and profits over its last financial year.
D&D London, the high end restaurant chain, has posted yearly profits of £3.7m, up 32 per cent on the previous year, as Richoux and Individual Restaurant Company reported mixed results
The Restaurant Group (TRG), owners of the Frankie & Benny’s and Chiquito, has this morning unveiled what it described as “excellent performance” as it posted its half-yearly financial results
Food and beverage sales helped boost revenues at MWB Group Holdings' boutique hotels Malmaison and Hotel du Vin last year as room rates dropped by an average of 10 per cent
The Restaurant Group, owner of Frankie & Benny's and Garfunkel's says it is determined to make 2010 a successful year for the company and will continue with plans to open up to 25 new sites by the end of the year
