The Draco Pub Company has announced the purchase of the Kings Arms Hotel, Dorchester. This is the fourth addition to the portfolio for the Somerset based company. Since 2011 the Draco company has acquired and transformed three coaching inns into award-winning pubs: The Swan and The White Hart in Somerset and most recently, Timbrell’s Yard in Bradford-on-Avon which opened in … [Read more...]
Households splash out on the extra cash in their pockets
Consumers took to autumn in buoyant fashion, spending more on everything from clothing to cinema trips and airline tickets to a round in the pub last month, as a double-whammy of increasing wages and falling prices combined to lift households’ fortunes. Hospitality and leisure: The data for hospitality and leisure shows that: Customers treated themselves to drinks and … [Read more...]
JD Wetherspoon appoints CBRE to dispose of 34 pubs
Pub operator JD Wetherspoon has appointed CBRE to handle the disposal of 34 of its pubs. The properties, which are being considered for sale either as a portfolio, in small packages or individually are located in strong town and city centre locations within England, Scotland and Wales. Of the 34 pubs, 27 are owned either freehold or held on a long lease at a nominal rent … [Read more...]
The Lighterman set to open early 2016 on Granary Square, King’s Cross
New pub, dining room and bar, The Lighterman, is opening in early 2016 on Granary Square, King’s Cross. Spanning the entire eastern side of the square, the brand new standalone building is the second venue from Open House. It will offer all-day drinking and dining across three floors, with outside seating overlooking both Regent’s Canal and Granary Square. Located on … [Read more...]
F**k the rules: BrewDog’s James Watt launches “Business For Punks”
James Watt, the co-founder of Scotland’s largest independent brewery, BrewDog, yesterday launched his first book, Business For Punks, at BrewDog’s new Soho Bar in London’s Poland Street. The book is intended to inspire entrepreneurs and to challenge traditional business ‘rules’, and James lays out the foundations for starting, growing and ‘kicking ass’ at whatever venture … [Read more...]