We were amongst the first to recognise and praise steps taken last week by the new Chancellor, Rishi Sunak in his budget, the same budget, less than a week later needs urgent review. Just as the government yesterday announced daily generic update briefings on COVID-19, businesses across the UK will need regular updates on the government’s financial policy, which needs to be … [Read more...]
COVID-19: Hotels to be turned into hospitals
Best Western Great Britain has read public and government concerns saying it can offer its numerous sites across the UK as temporary hospitals. The hotel chain could provide beds to meet potential demand from the NHS during the COVID-19 outbreak. Best Western said it will discuss the potential move this week and take exceptional measures to provide help. Best Western is … [Read more...]
Hospitality and catering businesses need to immediately recognise Cash is KING
Amongst the many never before seen circumstances surrounding the current COVID-19 pandemic is the speed at which the situation changes. It is changing faster than anything I have ever witnessed, and the one constant is the direction it is going, negative. This is particularly alien to realise and absorb if you are of a positive disposition. Your natural instinct is to flip … [Read more...]
Hotel acquisitions continue amid uncertain times
As hotels around the world stare at the current situation around COVID-19 and diminishing occupancy, buyers are still in the market to acquire properties. Two in recent days have been seen, the fist being a joint venture between Singapore-listed Soilbuild Construction Group and iProsperity, an asset manager which manages funds for Chinese high net worth individuals. The … [Read more...]
Bartlett Mitchell’s 20 years in business celebrated with £10,000 charity donations
Bartlett Mitchell, one of the UK’s leading independent caterers, has donated £10,000 to its employees’ favourite charities as part of the company’s 20th anniversary celebrations. BM team members were invited to nominate their most valued charities for consideration, after it was announced that the company will be making special donations in addition to its existing charitable … [Read more...]