All News articles

View all stories of the same content type.

  • The rise of craft beer
    News

    Pub prices up 4% amid M&A activity

    2020-01-17T08:20:00Z

    Average pub prices are up 4% year on year after the busiest year of transactions in a decade, according to Christie & Co.

  • The Royal Foresters, Oakman Inns
    News

    Oakman Inns refinances debt with Cynergy Bank

    2020-01-17T08:02:00Z

    Oakman Inns & Restaurants has partially refinanced its secured debt on The White Hart in Ampthill, Bedfordshire and The Royal Foresters in Ascot, Berkshire through an £11m loan from Cynergy Bank.

  • PASTAIO JAN 2020 Outside
    News

    Pastaio Westfield in pictures

    2020-01-17T08:01:00Z

    A look into the new Pastaio Westfield site, which opened on 10 Januray. 

  • Slim Chickens
    News

    Boparan swaps Ed’s for Slim’s at Bluewater

    2020-01-17T07:59:00Z

    Boparan Restaurant Group is opening its seventh Slim Chickens in Bluewater shopping centre in Kent next month.

  • theploughinn_79063
    News

    Barkby acquires Huntington site

    2020-01-17T07:58:00Z

    Premium gastropub operator The Barkby Group has acquired a new site in Huntington, Cambridgeshire.

  • Hungry Horse
    News

    Greene King: vegan dishes up 265% yoy

    2020-01-17T07:57:00Z

    Greene King has reported total sales of vegan dishes were up 265% year-on-year.

  • Dominic-Walsh-The-Times-MCA-Insight-Commentator
    News

    New year, new prospects ahead

    2020-01-17T07:56:00Z

    Dom Walsh looks at the prospects for hospitality in the year ahead. 

  • Jason Thorndycraft
    News

    Thorndycraft leaves Deltic

    2020-01-16T15:41:00Z

    Jason Thorndycraft, chief operating officer of The Deltic Group, is leaving the role following a restructuring of Deltic’s management structure.

  • White Brasserie
    News

    Brasserie Bar Co. pub-focused strategy delivers strong results

    2020-01-16T15:41:00Z

    Brasserie Bar Co. has credited its strategy of returning under-performing pub sites in affluent areas to their “former glory” as a primary for its strong FY19 results.

  • Revolution Bars Group
    News

    Revolution in ‘healthy discussions’ with landlords over rent renegotiation

    2020-01-16T07:59:00Z

    Revolution Bar Group is continuing to have “healthy discussions” with landlords as it works to improve the profitability of its property portfolio, CEO Rob Pitcher has told MCA.

  • Revolutions Bar Group
    News

    Peel Hunt on Revolution Bars Group

    2020-01-16T07:59:00Z

    Peel Hunt comments on RBG trading update for H1 FY20, the 26 weeks ended 28 December 2019.

  • Revolution Bars Group
    News

    Finn Cap on Revolution Bars Group

    2020-01-16T07:59:00Z

    Finn Cap comments on RBG trading update for H1 FY20, the 26 weeks ended 28 December 2019.

  • Whitbread
    News

    Whitbread reports “solid” Q3 trading performance

    2020-01-16T07:59:00Z

    Whitbread has reported a “solid” third quarter performance in its trading update released today.

  • News

    Goodbody on Marston’s

    2020-01-16T07:58:00Z

    Management were quite open at their FY results a few weeks ago that it was disappointed with FY19 trading and would be working hard to remedy it in FY20. It will be interesting to see if they can deliver better YoY growth this Christmas particularly given its comp is easier ...

  • TRG Logo
    News

    Goodbody on TRG

    2020-01-16T07:58:00Z

    Restaurant Group will report a Q4 trading update in late January. At this point last year RTN gave full year LFL’s for the group and total sales. We forecast FY LFL sales growth of -0.8% in the Legacy business with LFL sales growth of 8.8% for Wagamama UK (implying a group FY LFL of just above 2%). As a reminder group LFL growth was +3.7% in the first 34 weeks.

  • News

    Goodbody on Coffer Peach

    2020-01-16T07:58:00Z

    The Coffer Peach data for the key 6 week Christmas trading period was released this morning. Sector like for likes were up 2.5%. Both Pubs and Restaurants saw a good LFL trading performance with restaurants +2.3% and pubs +2.7%. Within this wet led pubs slightly outperformed food led. Total sales growth for the cohort was +5.4%. The tracker added a new data point for bars which saw strong growth of 3.9%. The director of Coffer Corp leisure noted that “there is a post election sense of optimism”. 

  • News

    Carlill promoted to MD Marston’s

    2020-01-16T07:58:00Z

    Marston’s director of pub operations Andrew Carlill has been promoted to managing director of pubs and bars, MCA understands.

  • News

    Goodbody on Mitchells & Butlers

    2020-01-16T07:58:00Z

    Like for like sales growth for the first 14 weeks of the year to the 4th of January was +2.6% (versus our H1 expectation of c.2.2%) with food +3.0% and Drink +1.8%. Implies growth of +3.5% in the most recent 7 weeks (Food +4% & Drink +2.7%). Total sales growth for the 14 weeks is +2.6%. The festive period showed good LFL sales growth of +5.6% over the three weeks, with +6.5% growth across the 5 key festive days.

  • Dan-Rodgers-QikServe_b&w
    News

    QikServe acquires Preoday

    2020-01-16T07:58:00Z

    QikServe, the mobile payment platform, has acquired Preoday, an online ordering technology provider.

  • News

    Goodbody on Domino’s Q4 update

    2020-01-16T07:58:00Z

    We believe investors will begin to focus more keenly on the health of the core UK and ROI business given DOM’s decision to exit its International markets. For H219 we forecast +3.0% LFL sales growth ex-splits, and +1% incl splits, in the key UK division. At the Q3 stage UK LFL ex-splits was +3.0% (+1.4% incl splits) so we essentially expect a continuation of trends, although we would note the comp is more difficult in Q4 so the group will need a good finish to the year.