All Property articles – Page 9
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NewsStarbucks: ‘We believe this quarter reflects the turn in our turnaround’
The US coffee giant has delivered growth on both the top and bottom line for the first time in more than two years in its Q2 results
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NewsDemand across London portfolio drives growth at PPHE
The UK-listed hotel group has reported an ‘encouraging performance’ in its Q1 results with turnover up 8% and RevPAR up nearly 5%
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NewsWahaca explores smaller scale format
Co-founder and chairman Mark Selby tells MCA the new ‘Wahacito’ concept would retain the same to-dine elements, but feature a smaller menu and more informal approach
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NewsGreene King puts 13 hotels in the market
The properties, which sit within Greene King’s Venture Hotels business, are being marketed for individual sale by Savills, and will enable the pub company to reinvest in its core estate
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InterviewsWren Pubs facing 'constant licensing battles’
The independent London pub group’s CEO, Jack Greenall, tells MCA that more needs to be done by both the government and local authorities to support expanding businesses like his
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Weekend PressWhitbread investors to bag £1.5bn with hotel sell-off
The hospitality group is to sell one in five of the freehold hotel properties it owns outright following a strategic review, The Times reports
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News‘Challenging economic environment’ hits EBITDA at Glendola Leisure
Cost pressures including high interest rates and inflation contributed to a 15.7% decrease in adjusted EBITDA in the family-owned hospitality operator’s latest financial results
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NewsThe Wolseley Hospitality Group to launch first Colbert Collection property in London
The group will open its first London hotel later this year on Piccadilly with owner Minor Hotels describing it as ‘a unique strategic opportunity’
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NewsSides closes two sites following strategic review
The fried chicken brand from YouTube collective Sidemen said the franchise operator at Merry Hill was ’no longer able to deliver the experience and standards our customers expect’
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NewsYard Sale Pizza appoints growth director
The Piper-backed pizza delivery brand has brought in Sophie Abrahamovitch, co-founder of bars app DUSK, to lead the marketing team and be accountable for everything related to sales growth
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NewsPachamama Group announces double London opening
The international group will launch its largest-ever London restaurant alongside a new street food concept within Marylebone’s Loxton Walk development
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NewsIn pictures: RISE by Cornish Bakery opens first site
The new concept bakery, which debuts today in Betws-y-Coed in Conwy, North Wales, is billed as ‘a next-level sector development in product, design, service experience, community engagement and trading hours’
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Analysis & InsightCrowd pleasers: how food halls became hospitality’s not-so-secret weapon
The UK food hall sector is booming, with 65 sites currently in development and average revenues on the increase. What’s behind the growth, and is it sustainable?
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NewsHalf of Franco Manca closures to be based in London
MCA understands eight of the 16 restaurants earmarked for closure are in the capital with the rest spread across the UK covering sites in Glasgow, Hove and Plymouth, amongst others.
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NewsStonegate: ‘Constructive discussions ongoing with landlords’
The pub and bar group is working with advisors at FRP to restructure its leasehold business in response to inflationary and tax pressures
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NewsStonegate’s estate transformation strategy ‘delivering’ amid ‘well-documented trading challenges’
The pub giant says the plan has allowed it to mitigate continued inflationary cost pressures, improving the bottom-line performance despite an expected drop in revenue in its latest results
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NewsCoppa Collective completes acquisition from Grosvenor
The group formerly known as Various Eateries has completed on the deal for The Wellington Arms in Hampshire, which will become part of the Linwood Collection
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NewsTGI Fridays has ‘strong desire’ to return to central London
Of the 33 UK restaurants acquired by Ray Blanchette’s Sugarloaf investment firm, 31 are on solid footing with supportive landlords, though the future is uncertain for the remaining two
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NewsCosta to invest £3.5m in London estate
The coffee chain has a pipeline of up to seven new stores to open across the capital in 2026, alongside the refurbishment of more than 10 existing sites
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Weekend Press‘Over the top and fun:’ TGI Fridays boss insists time is right for a UK revival
Ray Blanchette admits he may be a ‘little crazy’ as he outlines the chain’s hopes of building 1,000 outlets globally to The Guardian