Pubs, Bars & Clubs News
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NewsPunch Pubs sees ‘strong uplift’ from conversions
CFO Steve Dando commented on increased profitability from sites converted to the pub partnerships model, while saying the business remains ‘opportunistic’ on acquisitions
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NewsUrban Village looks to secure EIS liquidity requirement
The 10-strong operator has appointed Savills to conduct a strategic review as the 10-site operator seeks a liquidity event for Enterprise Investment Scheme investors
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NewsPunch grows EBITDA by 8%
The comunity pub group is seeing the benefits of maturing profits from pubs converted to its Partnership model, trade enhancing capex investments and inflationary price increases
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NewsRevel Collective launches formal sales process
The pub and bars business is facing a ‘continued period of external challenges’ and has warned it risks breaching its banking limits in the new year
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NewsMahiki acquired after ‘forensic’ due diligence
The Polynesian-inspired nightclub brand, popular with A-listers and royals, has been acquired an Australian investment firm after suffering “significant legacy issues, unresolved creditor positions, complex contractual entanglements and the erosion of brand value”
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NewsRestaurant and hotel prices rise marginally as UK inflation holds at 3.8%
The 12-month inflation rate for restaurant and hotel prices rose to 3.9% in September, up from 3.8% in August
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NewsBrunning and Price sees ‘significant potential’ in bedrooms
The Restaurant Group-owned pub company plans to open three-six new sites in 2026, after outperforming the market in its latest financial results
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NewsInn Collection CEO to step down
Sean Donkin has been with the pubs-with-rooms business since it had a single site, growing it to 30 locations, and securing a sale in 2022 which valued the group at £300m
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NewsMajority of MPs supportive of hospitality sector
The survey, carried out by market research firm Ipsos on behalf of the British Beer & Pub Association, found that 96% of Conservative and 86% of Labour MPs surveyed were ’favourable’ towards the sector.
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NewsGreene King boss: Cafés and delivery apps are ‘taking away leisure time from the pub’
Nick Mackenzie has said that pubs across the UK are having to adapt to bring in a generation of Brits who drink less and less often
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NewsAmber Taverns delivers record turnover of £120m
The community pub operator, which trades from 184 pubs across the UK, saw turnover increase 9% year-on-year, with profit before tax up 7% to £19.1m
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NewsMitchells & Butlers: ‘AI helps us move faster’
The managed pub and restaurant operator has integrated artificial intelligence into its operations to improve efficiency in menu development, marketing and customer service, according to director of digital product and transformation Richard Whitehouse
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NewsValiant achieves positive EBITDA in FY25
The community-focused pub company, founded in 2021 by Gerry Carroll and Mark McGinty, added 24 sites to its estate last year, with its estate totalling 80 pubs by the year end.
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NewsLate night licensing plans ‘total nonsense’
Pub leaders have rubbished Labour’s plans to allow pubs to stay open later, with many venues already scaling back their opening hours as customers choose to drink earlier
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NewsThe Alchemist to be put up for sale
Long-standing private equity backer Palatine is working with advisors on an auction of the experiential cocktail bar group
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Amalfi, Humble Grape, Bullgogi, and more
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NewsMarston’s delivers ‘strong profit growth’
Underlying profit before tax for FY2025 is forecast to beat expectations of £67.2m, with like-for-like sales growth of 1.6%
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NewsInn Collection turnover up 25%
During 2024, the pubs with rooms group re-opened five major sites after significant refurbishments
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NewsBrewDog announces job cuts
Chief executive James Taylor informed staff in an email, saying a difficult decision had been made to “right-size” parts of the business
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NewsWetherspoon proves it can ‘ride out the storm’
Analysts praised the pub giant’s FY25 performance, saying the company is well placed to navigate pressures and continue outperforming the market