All Pubs articles – Page 27
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NewsHawthorn Leisure: ‘Plenty more opportunities in pub sector’
Hawthorn Leisure CEO Mark Davies has told MCA he believes there will be plenty more opportunities for acquisitions in the pub market following the bumper M&A year of 2019.
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NewsOakman Inns refinances debt with Cynergy Bank
Oakman Inns & Restaurants has partially refinanced its secured debt on The White Hart in Ampthill, Bedfordshire and The Royal Foresters in Ascot, Berkshire through an £11m loan from Cynergy Bank.
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NewsBarkby acquires Huntington site
Premium gastropub operator The Barkby Group has acquired a new site in Huntington, Cambridgeshire.
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NewsGreene King: vegan dishes up 265% yoy
Greene King has reported total sales of vegan dishes were up 265% year-on-year.
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NewsFreehold pub prices hit record high
The average freehold pub price has grown 32% in the last year to a record £589,262, a Fleurets’ survey reveals.
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NewsBrewDog opens alcohol-free beer bar
BrewDog is launching what it claims is the world’s first alcohol-free beer bar to coincide with Dry January.
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NewsWetherspoons makes £200m pre-election spending pledge
Wetherspoons has announced it will invest more than £200m into its pub estate over the next four years.
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NewsDrink sales drive managed operators’ growth
Driven by drink sales, the UK’s managed pub and restaurant operators saw collective like-for-like sales edge up 0.5% in November compared to the same month last year, CGA’s Coffer Peach Tracker revealed.
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NewsInn Collection begins Lakes rollout
The Inn Collection Group has made its Lake District debut with the opening of a 30-bed pub with rooms in Ambleside.
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NewsNewRiver acquires Bravo Inns for £17.9m
NewRiver, the real estate investment trust (REIT), has acquired community pub company Bravo Inns for £17.9m.
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Analysis & InsightSpend up at dinner despite visit challenge for pubs
Average spend at pubs during the dinner occasion has seen a strong increase, despite the challenge for operators to grow share of visits at this day-part, according to MCA’s latest Pub Brand Monitor.
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News‘Businesses as usual’ at EIG ahead of Stonegate takeover
Ei Group has announced underlying EBITDA down 3.8% to £276m, following the disposal of 354 commercial property assets for £340.6m.
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NewsFuller’s warns over beer co transition costs
Fuller’s has warned that the transition costs of selling its beer business to Asahi have been “materially higher” than expected and will have a short-term impact on the group’s financial performance.
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NewsH1 was ‘game of two halves’ for Young’s
Young’s & Co has reported a total revenue increase of 7.3% for the 26 weeks to 30 September 2019, in a period it described as a ‘game of two halves’.
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NewsThwaites achieves strong first half performance
Thwaites has achieved a 7% increase in turnover, from £49.9m to £53.4m, for the six months to 30 September 2019.
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NewsRugby World Cup failed to boost bar sales
Pubs and restaurants saw like-for-like (lfl) sales decline in October, with the Rugby World Cup failing to boost bar sales, according to the Coffer Peach Business Tracker.
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OpinionETM: Redefining spectator sport
Redwood has not been open for 24 hours when we meet, but ETM co-founder Ed Martin is already feeling confident about his latest sports bar.
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NewsInn Collection confirms £6m Sunderland pub with rooms
The Inn Collection Group has confirmed its next site, a 40-bedroom pub on Sunderland seafront.
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NewsBrasserie Bar Co sees growth coming from pubs
Brasserie Bar Co is to open its 20th White Brasserie, in Prestbury, Gloucestershire, before the end of the year, as it looks to capitalise on the growth seen in its pub arm.
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NewsGreene King acquisition completes
CK Bidco has completed its acquisition of Greene King, with the pub operator and brewer’s share listing now cancelled on the London Stock Exchange.