All articles by Finn Scott-Delany – Page 25
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News‘No reticence from customers about coming out’
Early indications suggest indoors opening got off to a good start yesterday, as the much-cited “pent-up demand” came to fruition, as consumers sought refuge from the rain to return back inside hospitality venues.
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NewsNicholls: Hold your nerve over Indian variant
It is “too early to say” whether the Indian variant will delay the next step of the reopening plan on 23 June, with Kate Nicholls urging patience as evidence is gathered.
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NewsDrake & Morgan to enter CVA, three sites to close
Drake & Morgan, the bar and restaurant group with sites in London, Manchester and Edinburgh, is entering into a Company Voluntary Arrangement (CVA).
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Analysis & InsightConcern over residual restrictions
A vast majority of operators (95%) are encouraged with reports that the government will drop its one-metre plus social distancing requirement in hospitality, Lumina Intelligence’s Hospitality Leaders Poll reveals.
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NewsBoparan to trial three new concepts with Sainsbury’s
Boparan Restaurant Group has gone into partnership with Sainsbury’s to test two new Carluccio’s concepts, and a multi-brand offering.
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NewsGino D’Acampo links up with Meliá Hotels
Italian chef and restaurateur Gino D’Acampo has a agreed strategic partnership with Spanish group Meliá Hotels International to open a series of restaurants and bars in its venues.
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NewsMowgli bullish on 2021 expansion
Mowgli Street Food retains a “fundamental belief in the dining out market” and continues to plan expansion for new openings in 2021.
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NewsRevolution trading ‘extremely strongly’
Revolution Bars Group achieved 48% of sales in the four weeks to 9 May 2021 compared to the equivalent period in 2019 – despite only having around 15% of capacity available due to outside trading restrictions.
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NewsCity Pub Group looks to future despite losses
City Pub Group has posted 2020 losses of £6.5m as its estate was heavily impacted by lengthy closure periods.
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NewsCity Pub estate ‘virtually unique’ in sector
City Pub Group chairman Clive Watson describes the group’s estate of predominately freehold high-quality managed pubs is “virtually unique in the pub sector”.
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NewsIndoor reopening to go ahead on 17 May
Hospitality has been given the go ahead to reopen indoors as planned next Monday (17 May), the prime minister has confirmed.
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NewsHugh Osmond: ‘I would take the government to court again’
Hugh Osmond has said he would bring a High Court challenge against the government again, despite the judge ruling against the case.
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NewsHawthorn CEO: Rent debt issue is ‘very complex’
Hawthorn boss Mark Davies, who also sits on the board of parent company New River real estate investment trust, has sympathised with the landlord position, saying the situation with rent debt is “very complex”.
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NewsCôte sold for £56.5m
Partners Group paid £56.5m for Côte Restaurants in a pre-pack sale, an administrators’ reports reveals.
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InterviewsHawthorn: Listed space ‘remarkably resilient’
Hawthorn kicked off its IPO roadshow yesterday, with CEO Mark Davies telling MCA public markets were “as hot as they have been since 2011”.
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InterviewsAsahi: ‘People are being more moderate with their alcohol intake’
It’s an interesting sign of the times when the director of a major alcohol supplier talks at length about moderation.
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NewsByron owner snaps up Mother Clucker
Fried chicken brand Mother Clucker has been acquired by Famously Proper, the owner of Byron.
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NewsNightcap acquires Adventure Bar Group
Nightcap, the recently formed bar and late-night group, has secured its second acquisition with an agreement to buy Adventure Bar Group, the operator of Bar Elba, Blame Gloria, Luna Springs and Tonight Josephine.
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NewsLandlords urge ‘compromise on all sides’
Hospitality operators and landlords should “share the pain” and split rental arrears 50-50 if unable to pay outstanding rent, according to a new proposal drawn up by institutional landlords.