All articles by Shwetali Sapte – Page 133
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NewsInn Collection Group acquires further Welsh hotel
The Inn Collection Group has acquired the St Kilda Hotel in Llandudno, Wales, to add to its growing estate of pubs with accommodation
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News‘Stable political leadership is critical’
Following the announcement of new Prime Minister, trade bodies have called on Rishi Sunak for political stability and a reform of the business rates system
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NewsHospitality Rising launches recruitment campaign
The recruitment campaign has launched after raising £850,000, and hopes to continue in the coming years
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Analysis & InsightConsumers to cut down on nights out amid cost of living crisis
Over a third of respondents will be significantly reducing the amount they go out in the coming months, according to the latest Rekom UK Night Index
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NewsJulian Metcalfe: ‘Everything is going to rocket in price’
Speaking to The Telegraph, the Pret and Itsu founder recommended a reduction in VAT and business rates as well as an easing of immigration policy
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NewsLoungers appoints marketing director
Kate Lister, former marketing director for Ole and Steen. has joined the Loungers team
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Analysis & InsightConsumer confidence reaches record low
UK consumer confidence fell for a fifth consecutive quarter, reaching a record low of -20%, according to the Deloitte Consumer Confidence Tracker
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NewsYummy Collection appoints non-executive director
The newly restructured, Anthony Pender-led business has appointed former Punch Pubs MD Paul Pavli as non-executive director
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NewsDeliveroo growth continues to slow amid headwinds
Growth in gross transaction value in the UK & Ireland outperformed international growth in Q3 2022, but declined quarter-on-quarter
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Analysis & InsightHospitality among sectors with highest number of critically distressed businesses
There has been a 48% rise in the number of bars and restaurants in critical financial distress between Q3 2021 and Q3 2022
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InterviewsCaprice Holdings: ‘We’re proud to be investing in the industry’
MD Richard Clark speaks to MCA about Caprice Holdings’ newest concept, Bacchanalia, and Richard Caring’s vision behind the launch
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InterviewsAnglian Country Inns: ‘We’re creative and flexible with our offer’
MD James Nye speaks to MCA about strong like-for-like growth and the acquisition strategy for the pub and inn operator
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Formula 1, Miznon, Gaucho, Daisy Green, and more
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NewsBoston Tea Party reports loss in 2021
The 25-strong cafe operator reported a drop in sales in the year to October 2021, but stated it is well placed to navigate headwinds in the current financial year
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NewsAnglian Country Inns reports lfl revenue up on 2019
The pub and inn operator reported a 20% rise in like-for-like (lfl) revenue on 2019, with revenue of £14.3m for the 52 weeks ending 3 April
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Analysis & InsightHospitality sees sharp fall in output in September
Pubs, hotels, and restaurants experienced the sharpest falls in output of any UK sector in September, according to the Lloyds Bank UK Sector Tracker
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Analysis & InsightHospitality loses 2,200 sites in three months
Britain’s licensed sector has lost over 2,200 sites between June and September as rising costs take their toll, according to the Hospitality Market Monitor
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NewsInflation hits 10.1% in September
Consumer price inflation increased to 10.1% in September from 9.9% in August, driven by a 14.6% increase in food and non-alcoholic beverage prices
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NewsFuller’s launches bespoke campaign attract older workers
The pub and hotel operator has launched a recruitment campaign with Rest Less, a community for people in their 50s or older
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NewsJust Eat Takeaway reports return to profit
The delivery company has announced profitability earlier than expected, with positive adjusted EBITDA in its trading update for Q3 2022