All articles by Georgi Gyton – Page 95
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NewsLoungers: ‘We need to shout about the opportunities in hospitality’
The hospitality industry is full of stories about people who have rapidly risen up the ranks which “we need to shout about more”, Nick Collins, CEO, Loungers told MCA’s The Conversation.
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NewsFulham Shore: ‘Threat of 50/50 model has brought landlords to the table’
Fulham Shore has secured numerous deals with landlords over rent debt in recent weeks as the threat of a 50/50 Australian-style model of forgiveness has brought many of them to the table, according to chairman, David Page.
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NewsUKHospitality Scotland calls for further support following extension
UKHospitality has called for additional support for Scottish operators after First Minister Nicola Sturgeon announced yesterday that current coronavirus restrictions would remain in place until 19 July.
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NewsLivelyhood appoints new FD
South London pub operator Livelyhood has appointed a new director of finance as it gears up for expansion.
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NewsRestriction lifting on track in England
England is on track to remove all remaining lockdown restrictions, including social distancing and the wearing of facemasks, on 19 July, according to reports.
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NewsCovid passports suggested to keep pubs open in winter
The introduction of Covid passports is being discussed as a way of keeping pubs, bars and restaurants open this winter should cases of the virus increase.
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NewsThunderbird builds dark kitchen presence
Thunderbird Fried Chicken has opened a further delivery kitchen in Streatham, joining its existing Food Stars units in Battersea and Shoreditch.
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NewsHeartstone looking to build 30-strong estate
Heartstone Inns is looking to acquire additional managed houses, individually or in packages, in order to build its portfolio up to around 30 sites.
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NewsUKHospitality: ‘Further financial support is unlikely’
It is unlikely the hospitality sector will get any additional financial support from government according to Kate Nicholls, chief executive, UKHospitality.
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NewsNando’s extends link up with Tesco
Nando’s has opened a second site within a Tesco supermarket, as it looks to expand its presence in new locations.
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NewsItsu confirms significant Bridgepoint deal
Itsu has confirmed that it has signed a significant deal with international asset group Bridgepoint, which see it acquire “a meaningful minority stake” in the Asian-inspired food brand, enabling it to add a further 100 outlets to its estate over the next five years.
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NewsBridgepoint set to take significant stake in Itsu
Bridgepoint is poised to take a significant stake in Itsu, in a deal which would value the business at £100m, Sky News has reported.
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NewsLoungers has opportunity to sign bigger, premium sites
The expectation of record vacancy rates this year presents Loungers with the opportunity to acquire larger, premium sites, while staying true to its tight financial criteria, according to analyst Liberum.
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NewsHospitality collective threatens legal action
A 45-strong group of hospitality, tourism and event companies is threatening to take legal action against the government if its newly proposed date for restriction-free operating faces further delays.
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Analysis & InsightInflation pushes food prices
Food basket prices increased by 5.3% in April as pressure from inflation kicked in after months of stagnant activity, according to the latest CGA Prestige Foodservice Price Index.
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NewsLivelyhood Pubs accelerates growth with two new sites
Pub operator Livelyhood has lined up two new openings as part of its plans to expand the group within its south London heartland and further afield, operations director Tom Talbot has told MCA.
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Analysis & InsightPrice and visibility barriers to low and no alcohol drinks
Perceived poor value and lack of visibility are two of the main barriers to greater sales of low and no products, according to new research from Lumina Intelligence.
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NewsBarkby Group adds to pub portfolio
The Barkby Group’s hospitality arm has entered in a new six-year lease agreement for The Ebrington Arms in Gloucestershire.
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NewsElectra names new parent company for hospitality brands
Electra Private Equity has announced that Hostmore plc is the name of the new parent company for its hospitality brands TGI Fridays and 63rd+1st.
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NewsTrade bodies urge Prime Minister to delay rates payments
Hospitality trade bodies including UKHospitality, the British Beer & Pub Association, the British Institute of Innkeeping and CAMRA, have called on the Prime Minister to delay rates business rates payments in light on the delay to the roadmap for reopening.