This November will see the launch of London’s first specialist Chinese hot pot restaurant, Shuang Shuang, which will open in Chinatown at 64 Shaftesbury Avenue. Hot pot is a dish with over 1,000 years of Chinese history, thought to have originated in Mongolia before spreading to China during the Tang Dynasty. It comprises a generous pot of simmering stock, traditionally … [Read more...]
Punch disposal of 158 non-core pubs
Punch Taverns plc has announced that it has reached agreement to sell 158 pubs which are not core to Punch’s estate for £53.5 million to NewRiver Retail, a leading Real Estate Investment Trust focused on the UK retail sector. This agreement is consistent with Punch’s strategy to sell the non-core estate at a rate of approximately 200 pubs per year. The disposal at an … [Read more...]
Compass Hospitality acquires The Big Sleep Hotels’ portfolio in UK
Asia based Compass Hospitality Group has completed the acquisition of The Big Sleep Hotels’ portfolio comprising three hotels in Cardiff, Cheltenham and Eastbourne in the United Kingdom. The acquisition was jointly made with Singapore based Seacare Hospitality Pte Ltd. When the three hotels were first launched, Travel Trade Gazette described them as “travel lodges with sex … [Read more...]
Valley of Rocks hotel for sale
The Valley of Rocks Hotel on the edge of Exmoor National Park has been placed on the market by specialist hotel property adviser Christie + Co. Located in the picturesque coastal town of Lynton, the Valley of Rocks Hotel enjoys an outstanding setting overlooking the dramatic cliffs and quaint harbour of Lynmouth. The hotel operates under the Bay Hotels banner, and is owned … [Read more...]
Diners demand more meat-free dishes this Christmas
Caterers are being urged to give more prominence to vegetarian dishes on Christmas menus as research reveals over half of diners feel there is a lack of choice when it comes to eating out over the festive period. The independent research, commissioned by Vegetarian Express – the UK's premier specialist distributor of vegetarian and vegan ingredients – reveals that 54% of … [Read more...]