Pubs, Bars & Clubs News – Page 42
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Young’s to acquire Lucky Onion pubs
The London-based pub company is reported to be buying six of the seven properties within the Cotswold-based Lucky Onion, which was owned by Superdy co-founder Julian Dunkerton
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Brasserie Bar Co: ‘The business has never been in better shape’
Brasserie Bar Co now has the firepower to accelerate its expansion and is keen to use new owner Alchemy’s experience as backer of The Inn Collection to open up new opportunities, exec chairman Mark Derry tells MCA.
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Late night operators see costs rise by a quarter
Consumers may pay “considerably more” for a night out in future, as operators will have no choice but to pass some of the burden of extra costs, says the NTIA
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Wells & Co reports £8m revenue drop
The fifth-generation brewer and pub operator has continued to grow its managed estate and is targeting 50 sites by the end of 2022
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RedCat continues to build Coaching Inn portfolio
The pub investment vehicle, founded and chaired by Rooney Anand, has acquired The Crown Hotel in Boroughbridge, Yorkshire, which will be operated by The Coaching Inn Group
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Further relief needed to support sector’s recovery
UKHospitality is calling on the government to enhance alcohol duty reforms in order to help the sector recover more quickly from the pandemic.
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Top 50 Cocktail Bars revealed
Cardiff-based Lab 22, known for its inventive cocktails, has been voted number one in this year’s list announced last night
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Mitchells & Butlers is left with a sweet hangover
M&B chief executive Phil Urban has long hoped that this will prove a big weekend for his 1,640-odd pubs, The Sunday Times reports
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Pubs and brewers call for level playing field on tax
A group of UK publicans and brewers have written an open letter to Chancellor Rishi Sunak calling for a levelling up of the high tax rates that are burdening businesses.
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Busaba branches out with new concept
The Thai restaurant group is to open an Asia inspired cocktail bar, called Ajia, in Oxford, next month.
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SBPA welcomes extra support for Scottish brewers
The Scottish Beer & Pub Association has welcomed the announcement that further grants of up to £29,500 will be made available to the country’s brewers.
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Unruly Pig named number one gastropub
Suffolk-based the Unruly Pig has been crowned number one on this year’s Estrella Damm Top 50 Gastropubs list.
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Wells & Co to offer further rent concessions
The decision by the family-owned pub business to offer a 10% rent concession to all its leased and tenanted pubs across came off the back of a tough December
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Warning over pub inflation
City Pub Group chairman Clive Watson said the price of a pint could rise by as much as 50p
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Inn Collection in legals on four more sites
Following the acquisition of its Welsh site, in Snowdonia, the group will focus on growing its presence in the region, before exploring opportunities in the Peak District, MD Sean Donkin told MCA
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Revolution: ‘We are in a position to grow our estate again’
CEO Rob Pitcher told MCA the group has cash in the bank and five sites in negotiations
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Punch hungry for acquisitions
The Fortress-backed pub company is looking for high quality pubs that fit its “modern, progressive vision”
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Peach beats the trend with a ‘wonderful’ Christmas
In the five weeks of Christmas and New Year, the pub company was up 3.1% on 2019
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JDW like-for-likes down +15% in Q2
JD Wetherspoons chairman Tim Martin said the company would be loss-making in H1, but hoped that the end of restrictions would contribute to a much stronger second half
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New Year trading up for Brighton Pier Group
While trading was impacted during December, Brighton Pier Group achieved a 9% increase in sales at its bars over the New Year period.