All articles by Georgi Gyton – Page 114
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Analysis & InsightThree-quarters of operators would prefer delayed reopening to restrictions – poll
Three-quarters (76%) of operators asked would rather delay reopening their businesses in order to operate with no restrictions rather than open early with high or very high-tiered restrictions, the latest Lumina Intelligence’s Hospitality Leaders Poll has revealed.
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Analysis & InsightPent up consumer demand to boost sector
Pent up consumer demand for the dine-in experience is expected to boost the restaurant sector in the coming year, but market forces mean growth will still be well down on pre-Covid times, according to the latest research from Lumina Intelligence.
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InterviewsSteve Holmes: ‘We have scenarios coming out of our ears’
The inability to effectively plan for the long-term is an issue that has blighted restaurant operators during the pandemic, but an Easter reopening makes the most sense to work to, says Steve Holmes, CEO at Azzurri Group.
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NewsDemand for rural and coastal pubs on the up
Investor appetite for pubs remains healthy with many buyers undeterred by the impact of the pandemic, according to Christie & Co’s Outlook 2021 report.
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InterviewsZoe Bowley: ‘We are fully energised to seize opportunities’
Following what can only be described as a transformational 2020, Pizza Express is primed and ready for the next stage of its growth, according to MD Zoe Bowley.
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InterviewsWill Beckett: ‘We have tried to do optimistic realism’
Hawksmoor CEO Will Becket has described a decision to lay of staff as the pandemic worsened as “the worst day of my professional life”.
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NewsSunak says more support to be revealed in Budget
Chancellor Rishi Sunak has said that extra economic support is on the way but warned that the economy will get worse before it gets better.
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NewsTim Martin nets additional £50m in further share sale
JD Wetherspoon chairman Tim Martin has sold 4.37m of the Company’s ordinary shares, at a price of £11.50, netting him £50m, but reducing his holding in the company to 21.88%.
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NewsDining Street goes into administration
Casual dining operator Dining Street Limited has appointed administrators, with all 147 staff made redundant.
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NewsPapa John’s launches flexible franchising formats
Papa John’s is to introduce new flexible franchising formats for 2021 as it looks to expand its reach into new types of location.
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NewsResearchers suggest pubs and restaurants should be shut till May
Pubs and restaurants should not reopen until May, researchers from Imperial College London and the universities of Edinburgh and Warwick have recommended.
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TRG appoints new non-exec director
The Restaurant Group (TRG) has appointed Alex Gersh as a non-executive director. He will join the board on 23 February 2021 and will become a member of both the audit and nominations committees.
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NewsUKHospitality bangs the drum for additional support
UKHospitality has warned that businesses will not be able to survive and contribute the rebuilding of the economy unless further support is given.
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NewsBanana Tree sees delivery growth from outside London
Indochinese restaurant operator Banana Tree has found that growth in delivery sales during the pandemic has increased five-fold outside the capital, director Anne Chow told MCA.
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NewsSSP menus cut by up to 60% during pandemic
Travel hub operator SSP has simplified its menus by up to 50-60% during the pandemic, which could result in smaller menus remaining post-covid, according to an analysts’ note by Peel Hunt.
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NewsSlow post-Covid recovery predicted for hospitality sector
The hospitality sector is expected to see some of the slowest rates of post-Covid recovery, according to the latest EY Regional Economic Forecast.
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Robinsons acquires Individual Inns
Robinsons Brewery has acquired six-strong pub operator Individual Inns, in a deal which boosts its managed estate to 20 sites.
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NewsPeter Marks: ‘Eden is not where we want it to be’
The Deltic Group’s new Eden concept is “a work in progress”, chief executive Peter Marks has told MCA – but the plan is to expand it once the kinks are ironed out.
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NewsLoungers: ‘We see further opportunities in the evenings’
Loungers sees further opportunities to boost its trade in the evenings, particularly when it comes to drinks sales, chief executive Nick Collins has told MCA.
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NewsUrban Village takes on former Epic pub
Urban Village Pub Company has acquired former Epic Pub Company site, 185 Watling Street Pub & Kitchen in Towcester.