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By M&C Report team2008-05-07T08:35:00+01:00
City Pub Group has acquired a 49% stake in Kensington Park Hotel and increased its shareholding in Mosaic Pub and Dining.
The best of the best in the hospitality industry were recognised at MCA’s 2021 Retailer’s Retailer Awards, which were broadcast live on 11 March.
The Great British Pub has become the subject of fervent interest from international investor groups looking for operational real estate. But is the sector as distressed as these funds believe?
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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