High street restaurant chain outlets will be far fewer in numbers by the time most UK high streets reopen, and many familiar names will be different or have new owners and operators. The casual dining restaurant sector has struggled in recent years and now amidst the Covid-19 crisis has one simple objective, survival. Cash has always been king in business and now … [Read more...]
Gordon Ramsay Restaurants Qatar – announce immediate closure
Gordon Ramsay Restaurants earlier today announced: "that effective immediately we have taken the decision to terminate our agreements at the property (The St Regis Hotel Doha, Qatar) and the restaurants will be closed on a permanent basis." Gordon Ramsay Restaurants Qatar - Restaurant Opal by Gordon Ramsay Doha Overlooks the Arabian Gulf, and was widely acknowledged as … [Read more...]
US restaurant acquisition pace quickens
The US and the UK have much in common including economies that run along similar lines. So, we like to keep our eyes and ears open to what’s going on in the American hospitality industry. Patterns either side of the Atlantic are often insights to the other. Restaurant chain CraftWorks, the parent company of casual dining brands Logan’s Roadhouse and Old Chicago Pizza & … [Read more...]
Nando’s accelerate reopening
Nando’s accelerate reopening - Following a reopening trial of 4 London restaurants and 2 in Manchester Nando’s are now accelerating reopening with 54 more being rolled out. The accelerated reopening process started earlier this week with both click and collect and delivery services. One particular focus of the plan is to focus on all staff wearing full PPE, which as … [Read more...]
Crisis anniversary QSR acquisition
US Investment Group completes - crisis anniversary, QSR acquisition. Amidst the Covid-19 crisis sweeping the US hospitality industry investment funds continue to eye up bargains. Last week saw Fortress Investment Group LLC and operations partner, Golden Child Holdings acquire Krystal Restaurants. Krystal Restaurants, comprising 300 outlets in 10 states, has announced … [Read more...]