Greene King has recruited its 1,000th apprentice this year, putting the company ahead of schedule in its pledge to recruit 2,000 apprentices in the year to March 2016. Greene King, in partnership with national apprenticeship provider, Lifetime Training, has helped support over 5,500 apprentices since 2011, in its efforts to promote opportunities for young people in the … [Read more...]
Boneyard opens in Shoreditch
Now officially launched, Boneyard defines a new type of venue for Shoreditch’s eclectic food scene within an industrial US inspired interior. The space reflects the area’s dynamic energy and atmosphere by serving delicious food and slushies from morning until late. Within the walls of the old petrol station on Shoreditch High Street, Boneyard is the brand new concept from … [Read more...]
Hotel RevPAR growth but lowest for two years
AlixPartners, AM:PM and HVS have published the Q2 2015 Hotel Bulletin analysing demand, supply, pipeline and transactions in the hotel market in 12 cities across the UK. It also includes a focus on serviced apartments. RevPAR This quarter’s figures show an average increase in RevPAR of 4% across the UK, the lowest since Q1 2013. Glasgow recorded the highest RevPAR … [Read more...]
Slow growth for Germany’s branded coffee shop market
Germany’s branded coffee shop market shows flat growth in outlet numbers and a 2.2% increase in turnover as operators concentrate on improving product offers and store profitability, according to a definitive report from Allegra Strategies World Coffee Portal, Project Kaffee2015 Deutschland. The German branded coffee shop market, which includes coffee-focused American-style … [Read more...]
Chinese devaluation to impact on UK hotel market?
Following the news of the 1.9% devaluation on 11 August of the Chinese national currency, the Yuan, Joanne Jia, Head of Investment (Asia) at Christie + Co has commented on the implications for Asian investors looking to invest in the UK and European market: “Whilst the Chinese central bank, the PBoC, has today sought to reassure against a prolonged fall of the Chinese … [Read more...]