2014 was another fantastic year for both Champagne and Sparkling Wines with increases in both volume and value in the combined on and off trade channels. According to the fourth Lanson International Champagne Category Report 2015, Champagne sales will grow further as the industry continues to create more Champagne 'occasions' and more visibility by innovation — not just … [Read more...]
SSP Group posts good first half performance
SSP Group, a leading operator of food and beverage outlets in travel locations worldwide, has announced its results for the first half of its 2015 financial year, covering the six months ended 31 March 2015. Commenting on the results, Kate Swann, CEO of SSP Group, said: “We delivered a good performance in the first half of 2015 with profit up 28% and like-for-like sales … [Read more...]
Young’s reports year of strong performance
Young’s has reported preliminary results for the 52 weeks ended 30 March 2015 with revenue up 7.7%, operating profit up 27.3%, and positive trading since the year end. Stephen Goodyear, Chief Executive of Young’s, commented: “Young’s has had another extremely good year, with further robust profit growth driven by increased revenue and strong operational management, … [Read more...]
Sale of Woodbury Park Hotel and Golf Club tees off
International real estate advisor Savills, on behalf of Woodbury Park Hotel and Golf Club Limited, has brought to market Woodbury Park Hotel and Golf Club in Woodbury, Exeter for a guide price of £11.75 million. The 56-bedroom country house hotel features two restaurants, six conference rooms and a leisure centre with spa, gym, squash court and indoor swimming pool. Five … [Read more...]
Late night venues contributing to changing drink habits
Following the publication of a report that shows a ten year reduction in ‘binge-drinking’ and associated alcohol-related harms since the introduction of 24-hour drinking, the ALMR has praised the sector’s role in helping change attitudes towards drinking habits and warned against interference that may undo the good work. Institute of Economic Affairs report The Institute … [Read more...]