Pubs, Bars & Clubs News – Page 403
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Bar Holdings to open second Belle site
Bar Holdings, operator of the Sports Bar & Grill brand, is set to open the second site under its Belle bar and restaurant with rooms format, M&C Report understands
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Ministry of Sound pens letter to Boris Johnson over threat of closure
London nightclub Ministry of Sound have penned an open letter to London mayor Boris Johnson, asking him to halt plans for a nearby housing development
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Britain's top gastropubs named
Salisbury Pubs’ Alford Arms in Frithsden, Hertfordshire, has been named the best gastropub in Britain in The Times by a public poll in association with Harden’s.
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Punch gears up for restructuring
Punch Taverns has said it will announce a revised restructuring proposal during the first week of December 2013 with the broadest level of support achievable at that time and will then formally launch the implementation of that restructuring proposal shortly thereafter
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Spirit completes refinancing
Spirit Pub Company has announced the results of its debt re-profiling, achieving its desired target of securing participating levels of 70% for A1 bondholders and 50% for A3 bondholders, which should free up c£53m of cash for expansion
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Eclectic secures former P&P site for evolved Lola Lo
Eclectic Clubs & Bars has secured the former Pitcher & Piano site in Manchester’s Deansgate for conversion to an evolved version of its Lola Lo brand that will be the first to serve food
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Sheps to make larger tenanted investments
Shepherd Neame, the Kent-based brewer and pub operator, is focusing on bigger investments in its tenanted estate over this current financial year
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French: Extension of opening hours at JDW will be a success
A leading analyst has said that JD Wetherspoon’s decision to extend is food serving hours to 11pm will prove another successful strategic move at a time of “ongoing flux amongst the competition”
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Analyst corner
Jamie Rollo at Morgan Stanley looks to ahead to the full year results from Enterprise Inns, which are due on 19 November
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Brains secures third Trees site
Brains, the Cardiff-based brewer and pub operator, is to open its third site under its all-day café bar concept Trees and the first to offer accommodation
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Intertain invests £3m reopening Walkabout in Blackpool
Intertain, the bar operator, reopened its Walkabout bar in Blackpool City Centre last night following a fire that destroyed the venue earlier in the year
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Former Bay Restaurant CEO returns with new venture
Paul Symonds, the former chief executive of Bay Restaurants and Laurel Pub Company, has started a new pub venture called Willow House Inns, M&C Report has learnt
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Jack expects JDW to outperform lfl estimates
Leading analyst Douglas Jack says he expects JD Wetherspoon’s like-for-like sales to be ahead of his full-year forecasts at its Q1 interim management statement on Wednesday, adding that the “main sensitivity continues to be margins”
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Time to abandon ‘gastropub’term
It is time to abandon the term ‘gastropub’, according to the editor of the Michelin Eating Out in Pubs Guide 2014, which is published today
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Benson Blakes operator secures two, plans brewery
The Suffolk-based operator of Benson Blakes Bar & Grill in Bury St Edmunds has secured two more pubs and plans to open a “sizeable” brewery, M&C Report has learnt
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Rollo: Consolidation of managed sector would make sense
A leading analyst has said that he thinks consolidation in the managed pub sector would make a lot of sense
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Anglian secures site with 2% cashback on loan
Anglian Country Inns, the pub and restaurant group led by James Nye, secured its fifth site using a funding deal that gave the company 2% cashback on its loan
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BBPA calls for licensing flexibility during Brazil World Cup
The British Beer & Pub Association (BBPA) is calling on the Government to offer greater flexibility on licensing hours for opening and closing weekends of the World Cup 2014
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Bramwell placed in administration
Bramwell Pub Company, the 185-strong managed operator, which was formerly Barracuda, has been placed in administration
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Admiral launches social media course
Admiral Taverns, the tenanted pub operator, has launched face-to-face social media course for its licensees, aimed at engaging with customers and driving people into pubs