By Mark Stretton2005-05-08T08:48:00+01:00
Pub deals such as Admiral Taverns’ acquisition of Hawthorn and Punch’s of Ram Pub Company show buyers are willing to look “forwards, not backwards”, Simon Johnson of CBRE has said.
The leased & tenanted pub sector has been a through “watershed moment” during the pandemic, showing the strength of the partnership model, Lawson Mountstevens, MD of Star Pubs & Bars has said.
Inflation has soared to its highest level in nine years, with the Office for National Statistics (ONS) claiming this is down to last year’s Eat Out to Help Out scheme.
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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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