Revenue

The Restaurant Group delivers solid first half performance

29-Aug-2014 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 enjoys continued momentum in Q2 2014

18-Jul-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.

Accor reports strong Q1 results following business split

22-Apr-2014 By Carina Perkins

Global hotel group Accor is celebrating the success of its new business strategy after recording healthy growth in the first quarter.

Sustained revenue and profit growth for Scottish hotels

09-Jan-2014 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,...

London hotels back on track, Provinces continue to shine

25-Oct-2013 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.

The Restaurant Group reports 'excellent performance' for first half of 2013

30-Aug-2013 By Emma Eversham

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. 

Capital comeback: London hotels outperform Provinces in June

23-Jul-2013 By Luke Nicholls

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. 

Burst bubble? London's managed food-led pubs feel the squeeze

09-May-2013 By Peter Ruddick

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.

Novus Leisure reports 32% growth in food sales

30-Nov-2012 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.

Spirit reports 16% rise in pre-tax profits

16-Oct-2012 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...

Heavy rain and tax hike blamed for 4.6% drop in pub beer sales

24-Jul-2012 By Emma Eversham

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 sells Bistro du Vin restaurants

16-May-2012 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.

Spirit announces rise in profits as business transformation continues

19-Apr-2012 By Peter Ruddick

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.

Novus festive sales up for fourth year in a row

09-Jan-2012 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 sales grow as room rates recover

20-Jul-2011 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.