All articles by Georgi Gyton – Page 92
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NewsHospitality reopens indoors but cautions given over Indian variant
The hospitality industry is able to open its doors to indoor trading from today, however health experts have suggested consumers ignore the easing of restrictions in light of the emergence of the Indian variant.
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NewsA third of licensed premises reopened in April
Only a third of licensed venues reopened for outdoor trading last month, leaving two thirds (67.1%) closed, according to CGA and AlixPartners Market Recovery Monitor.
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NewsHollywood Bowl sees strong performance when allowed to trade
Hollywood Bowl Group has said it expects strong demand upon reopening in May inline with the strong performance it achieved when open last year.
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NewsETM founders to raise £4.3m for new venture
ETM Group’s founders are looking to raise £4.3m to fund new venture Maven Leisure.
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InterviewsFridays: ‘We would consider QSR and drive-thru formats’
The resilience of the Fridays brand and its success in new formats during the pandemic has encouraged chief executive Robert Cook to explore other options for growth, he told MCA.
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InterviewsPeach Pubs: ‘Competition is increasing for good sites’
The property market is becoming a more competitive space, particularly in the types of location Peach Pubs operates in such as suburban locations and market towns, managing director Hamish Stoddart told MCA.
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NewsEating out spend set to rise for one in five office workers
One in five (20%) consumers have said they intend to spend more on eating and drinking out when they return to the office, according to a new survey by consumer and location intelligence specialist CACI.
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NewsApril sales represent solid return to trading
Sales in managed pubs and restaurants were down 26% on a like-for-like basis in April, compared to the same month 2019, however the figures represent a solid return to trading, according to the Coffer CGA Business Tracker.
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NewsJob adverts and spending both up for hospitality
There has been a sharp rise in the number of hospitality job adverts, with online ads pushed up by the reopening of pubs and restaurants last month, The Times has reported. On 7 May the number of job adverts for roles in hospitality had increased by 46 percentage points since ...
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NewsJeremy King: ‘Much of the sector is on the precipice of failure’
While the reopening of indoor dining is good news for operators, it will be against a background of “much of the hospitality sector remaining on the precipice of major failure”, according to Jeremy King, co-founder and CEO, Corbin & King.
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NewsCapdesia pumped £10.8m into Wasabi last year
Wasabi’s backer Capdesia invested a further £10.8m into the business last year, in order to ensure it could meet its financial obligations and was well placed to invest in future growth post-pandemic.
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InterviewsM&B’s Bob Ivell: ‘We have been at the mercy of the government’
Unlike the economic damage done by recessions, the hospitality has had no control over its destiny during the pandemic, according to Bob Ivell, non-executive chairman at Mitchells & Butlers (M&B), and winner of the Lifetime Achievement Award at MCA’s Retailers’ Retailer Awards.
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InterviewsBrewDog: ‘Don’t do marketing, do good’
For a business the scale that BrewDog is now, it’s ability to change things up and head full throttle into new initiatives is impressive.
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NewsWelsh government confirms reopening and extra support
The Welsh government has confirmed that six people from up to six households will be able to meet in pubs and restaurants from 17 May.
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NewsGovernment ditches plans for calorie labelling on drinks
The government has apparently dropped plans to impose calorie labelling restrictions on hospitality businesses, for both draught and pre-packaged drinks.
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InterviewsGrind: ‘Retail coffee has subsidised our business’
Coffee shop, bar and restaurant operator Grind has taken on millions of pounds of debt, which will need to be paid back at some point, but the business is in a good position despite the past year being extremely tough, founder and CEO David Abrahamovitch has said.
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NewsIndoor alcohol service to resume but calls for end to curfew in Scotland
Pubs, bars and restaurants in Scotland will be able to serve alcohol indoors from 17 May after First Minister for Scotland Nicola Sturgeon confirmed that mainland Scotland, and some islands, would be moving into level two on that date.
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InterviewsHugh Osmond: ‘Operators must tell their MPs about the rent debt crisis’
Every hospitality operator should email their local MP about the current situation with rent debt to ensure the government grasps the full extent of the problem, implored Hugh Osmond, director at Various Eateries.
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NewsNightcap raises £10m through share placing
Nightcap has raised £10m through a share placing in order to further its investment strategy and to roll out its recent acquisition – Adventure Bar Group (ABG).
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InterviewsCity Pub Group: ‘Pubs have chance to shine in the spotlight’
Pubs are in a good position to really “put themselves in the shop window” and show customers that you can have a “relatively inexpensive, good fun time, down your local,” Clive Watson, chairman, City Pub Group has said.