Following a survey by the Association of Leading Visitor Attractions (ALVA) for the Daily Telegraph (Saturday 10 August 2013), they have announced that this summer’s visitor numbers are 22.3% greater than the same period in 2012, 18.3% higher than in 2011, and 21.2% higher than in 2010. ALVA surveyed their 52 members – who are the UK's most popular, iconic and important … [Read more...]
Debenhams invests in hospitality in £25 million overhaul of Flagship store
Debenhams has announced a £25million pound refurbishment of its flagship store on London’s Oxford Street – the likes of which have never been seen before in the retailer’s 200-year history. Shoppers can look forward to a towering seven floors of retail space, including what Debenhams describes as ‘the jewel in the crown’: three brand new hospitality areas. 3 new hospitality … [Read more...]
Rentokil unveils ‘Pop-Up Pestaurant’!
To celebrate its pest control heritage and over 85 years’ experience of providing professional pest control services, Rentokil is to unveil the world’s first ‘Pop-Up Pestaurant’ at One New Change in the City of London. Exotic cuisine For Thursday 15 August only, Rentokil will be serving up an array of exotic cuisine, including sweet chilli pigeon burgers and a range of … [Read more...]
Stonegate Pub Company acquires The Living Room
Stonegate announced on 12 August the acquisition of 13 Living Room sites from Premium Bars & Restaurants. The price has not been advised. The sites are located in major cities across the UK, including Bristol, Edinburgh, Glasgow, Leeds, Liverpool, London, Manchester, Milton Keynes, Newcastle, Oxford and York. This transaction is in addition to the recent acquisitions … [Read more...]
Management buy-in of La Bottega: 20 new sites planned
Pembroke VCT plc and other investors have completed a management buy-in of La Bottega, the small chain of Italian eateries in central London for an undisclosed amount. La Bottega was founded in 2005 by Bepi Augustin and his wife Roberta. In addition to funding the purchase consideration, the investment funds (which exceed GBP 5 million) include development capital compliant … [Read more...]