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By M&C Report team2008-05-20T07:40:00+01:00
Unlike the economic damage done by recessions, the hospitality has had no control over its destiny during the pandemic, according to Bob Ivell, non-executive chairman at Mitchells & Butlers (M&B), and winner of the Lifetime Achievement Award at MCA’s Retailers’ Retailer Awards.
City Pub Group has acquired a 49% stake in Kensington Park Hotel and increased its shareholding in Mosaic Pub and Dining.
Mitchells & Butlers and Greene King have found that the supply of certain beer brands – namely Birra Moretti on draft – has been “patchy” but it not causing a huge problem yet, attendees of MCA’s The Conversation heard.
While the reopening of indoor dining is good news for operators, it will be against a background of “much of the hospitality sector remaining on the precipice of major failure”, according to Jeremy King, co-founder and CEO, Corbin & King.
Giggling Squid, the BGF-backed Thai restaurant chain, is to open a 3,800 sq ft restaurant at Aquila Holding’s Bond Street mall in Chelmsford.
Wendy’s is speaking to 20 potential franchisees in the UK about its expansion ambitions.
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