By M&C Report team2005-12-04T18:30:00+00:00
Red Oak Taverns has secured a £15m acquisition facility with OakNorth Bank, which will fund the pub operator’s acquisition of nine pubs from Hall & Woodhouse earlier this year
Friendly service can encourage satisfied customers to spend more than average according to Lumina’s new UK Pub and Bar report.
Lumina’s newly published Pub & Bar report cites investment in outdoor space, premium food and drink and an omni-channel approach as key trends in the market.
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The group has just opened its 36th site, The Rose Inn in Wokingham, following a £2.1m restoration and redesign project, with another 11 sites due to open before the end of 2023.
The late-night sector has struggled to fill vacancies since it reopened in July after many people left the industry due to the prolonged shutdown period during the pandemic.
Stephen Thomas, founder of Britain’s largest nightclub group Luminar, is making his return to the late-night sector with a new bar and nightclub business.
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