Acting on behalf of the landlord, Shelley Sandzer, the leading UK property agency, has secured a 5th site in London for fine Thai cuisine restaurant, Patara. Located at 5 Berners Street, the unit of approximately 4,000 sq ft will trade over a ground and lower ground floor, each being 2,000 sq ft. The first Patara restaurant opened in London 25 years ago and the brand has … [Read more...]
Abokado announces strong growth and £2.6m funding
Abokado has announced in its accounts for the year ended 31 March 2015 another year of strong growth, enjoying a 33% increase in sales, a 45% increase in gross profit, and a doubling of adjusted EBITDA. Turnover increased to £10.8m from £8.1m, the gross profit margin increased to 39% from 35% and adjusted EBITDA was approximately £600k, representing a 100% jump on the … [Read more...]
‘Lights, Camera, Action!’ at Hollywood Bowl refurb
The UK’s largest tenpin bowling operator The Original Bowling Company has invested £750,000 in the refurbishment of its Hollywood Bowl Centre in Crawley Leisure Park. The refurbishment project is the company’s 6th of the year. Completed on 31st July, the Centre remained open for the duration of the project, and celebrated its new look with a VIP event on 12th August. The … [Read more...]
Pret a Manger consults and progresses on vegetarian options
Two weeks Clive Schlee, CEO of Pret A Manger, wrote a blog about the growing level of sales of vegetarian products within Pret and invited readers to vote on how Pret should respond. The level and quality of the resulting response clearly demonstrates the value of this exercise – as well as the effectiveness of social media in generating it. After almost ten thousand … [Read more...]
Unwelcome ants pose new threat to hospitality
Hotels and restaurants are being warned to be on the lookout for unwelcome guests, with pest experts saying that a new generation of tropical ants, some of which were unknown in the UK until recently, are now establishing significant colonies in several areas of the country. Multiple-occupancy buildings such as hotels create ideal living conditions for the insects which … [Read more...]