By M&C Report team2004-04-08T09:28:00+01:00
“I don’t foresee good quality managed houses becoming available any time in the near future,” Kris Gumbrell, chief executive, Brewhouse & Kitchen told listeners to MCA’s The Conversation.
One in ten hospitality businesses will not survive without additional support through the recovery period, CGA’s Business Leaders’ Survey 2021 has found.
Investors have snapped up hospitality and leisure stocks following the announcement by Boris Johnson of his roadmap out of lockdown on Monday.
BrewDog CEO James Watt has revealed despite enduring the toughest year in the company’s 13-year history, the business managed to turn a profit and grow revenues by 10%.
Lockdown is costing Greene King every pub on average of £4,500 every week, which equates to £7m a week for its managed pub estate, CEO Nick Mackenzie has said.
Urban Pubs & Bars lost out on £2.5m in sales in the first month of the March lockdown, and incurred a significant shortfall in profit due to its inability to mitigate costs immediately at the point of closure.
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