All articles by Georgi Gyton – Page 77
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NewsBurger King pushes ahead with flotation plan
Burger King UK owner Bridgepoint has expanded its cohort of advisers, adding a third investment bank, as it moves forward with a £600m flotation of the business, The Times has reported.
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Interviews‘A strong employer brand is a big competitive advantage’
In the battle for quality staff, how good you are as an employer is everything, says Brewhouse & Kitchen CEO Kris Gumbrell
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NewsInn Collection builds its presence in Yorkshire
The Inn Collection Group has secured the Hotel St George in Harrogate, with several more acquisitions due to complete before the end of the month
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Analysis & InsightOperators reluctant to pass cost pressure on to consumers
Despite the increasing cost of energy, labour and raw materials, hospitality operators have told MCA they are hesitant to dampen consumer demand by upping their prices
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NewsRestaurant market to recover to near 2019 levels
The restaurant sector is expected to recover to 94% of its 2019 value in 2022, according to the upcoming UK Restaurant Market Report from Lumina Intelligence. It is set to reach a value of £17.8bn in 2022, up 59% on last year
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NewsBrasserie Bar Co: ‘The business has never been in better shape’
Brasserie Bar Co now has the firepower to accelerate its expansion and is keen to use new owner Alchemy’s experience as backer of The Inn Collection to open up new opportunities, exec chairman Mark Derry tells MCA.
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NewsLate night operators see costs rise by a quarter
Consumers may pay “considerably more” for a night out in future, as operators will have no choice but to pass some of the burden of extra costs, says the NTIA
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NewsWells & Co reports £8m revenue drop
The fifth-generation brewer and pub operator has continued to grow its managed estate and is targeting 50 sites by the end of 2022
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Analysis & InsightReputational damage control
Despite BrewDog’s insistence it is addressing claims of a toxic culture, negative headlines surrounding the conduct of its CEO James Watt continue to surface. MCA explores where the tipping point lies between the value of a brand’s founding principles and its long-term reputation
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NewsEV charging facilities likely to boost footfall
The ability for consumers to charge their electric vehicles could lead to an increase in the frequency of their visits, according to new data from CACI.
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NewsEating out occasions dipped to 53% penetration
The proportion of UK consumers who ate out in the 12 weeks to 26 December 2021 dipped to its lowest level during Christmas week – at 51%, according to new insight from Lumina Intelligence.
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NewsRedCat continues to build Coaching Inn portfolio
The pub investment vehicle, founded and chaired by Rooney Anand, has acquired The Crown Hotel in Boroughbridge, Yorkshire, which will be operated by The Coaching Inn Group
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NewsGreene King develops back-of-house academies
Launched to coincide with National Apprenticeship Week, the pub company and brewer has developed the academies in order to train the next generation of its chefs.
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NewsOperators forced to pass on cost hikes
In the face of soaring energy, food and labour costs, hospitality businesses will be forced to pass on at least some of the cost to consumers, UKHospitality has warned, despite the squeeze on household incomes
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NewsSSP revenues take a hit from Omicron
Revenues at the food and beverage travel outlet operator were down to 57% of 2019 levels in the most recent eight-week trading period
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NewsRecovery on track for Shaftesbury
Following a short-term period of disruption over Christmas, visitors and workers are returning to the West End, said the real estate investment trust
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InterviewsNando’s: ‘Doing the right thing is the lifeblood of our business’
In the last in a series profiling the nominees of our new Sustainability category at the Retailers’ Retailer Awards, MCA speaks to Nando’s about why it wants the legacy of the brand to be more than just chicken and chips
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NewsPret ups price of coffee subscription
Pret has increased the price for new subscribers by £5 to £25 from today, with the increase to apply to existing subscribers in March.
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NewsFurther relief needed to support sector’s recovery
UKHospitality is calling on the government to enhance alcohol duty reforms in order to help the sector recover more quickly from the pandemic.
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NewsPret’s City sales up as bankers return
Sales in Pret shops in the London’s financial districts grew faster than any other location in the UK as banks called staff back to the office, according to Bloomberg’s weekly index.