Year-on-year profit per room in the Rooms department at North East hotels fell by 7.2% in June as a result of a drop in Rooms revenue and rising departmental costs, according to the latest data from HotStats. Despite a 1.2% increase in achieved average room rate this month, to £75.06 from £74.20 during the same period in 2015, as a result of a 4.3 percentage point decline in … [Read more...]
Young Brits shun the traditional cuppa, but cake sales are yet to crumble
With National Afternoon Tea Week steaming ahead this week (8th-14th August), new research from Mintel indicates that older consumers may be the first to clink their cups and saucers in celebration. Indeed, Mintel research reveals that over one in three (35%) tea drinkers aged between 55 and 64 drink five or more cups of standard black tea a day, compared to just 16% of those … [Read more...]
Las Iguanas to Open in Braintree
Las Iguanas throw open the doors of their latest restaurant on 22nd August, bringing a fiesta of lovely Latino flavours to Braintree. Las Iguanas takes up residence in a brand new extension to the Freeport Designer Village dining zone, nestled between the cinema and the prime shopping district. The vibrant restaurant décor takes its inspiration from the team’s most recent … [Read more...]
Prostate Cancer UK searches for their winning ‘favourite local’
Following the launch last year of pop-up pub fundraiser, the Men United Arms, Prostate Cancer UK is calling on landlords this September to throw open their doors and host a fundraising night in order to help save men’s lives. Whether it’s hosting a quiz, a live music night or darts competition, the charity is asking pubs to get their locals in to fundraise, in support of … [Read more...]
UK hotels show mixed results in Q2 with subdued trading forecast
Hotel occupancy in London showed its sixth consecutive quarter of year-on-year decline with Brexit poised to subdue the sector further, according to the latest Hotel Bulletin: Q2 2016, published this week by HVS, AlixPartners and AM:PM. Hotel occupancy in the capital, in common with other major European cities, continues to be affected by increased global terrorist activity. … [Read more...]