Tom and Ed Martin, of privately-owned ETM Group, have confirmed the opening of their 15th venue, and first late-night venture, this April located within the £20 million Broadgate Circle development near Liverpool Street Station in the City. Following the success of its sister restaurant on Sloane Square, The Botanist Broadgate Circle designed by Russell Sage Studio will … [Read more...]
BaxterStorey, Portico and Benugo seal major UBS deal
BaxterStorey, Portico and Benugo, all part of WSH, have secured a new five-year contract with UBS to provide food and front of house services across its London estate. As part of the multi-million pound deal, the companies will be responsible for the transition of services to the new UBS, state-of-the-art building facility at 5 Broadgate located in the City of London during … [Read more...]
Vacherin records exceptional retention and growth
Specialist London caterer, Vacherin, has enjoyed its most successful year to date, having posted a 20% rise in turnover to £13.8m for the period ending 31 August 2014, and achieving a profit margin before tax of 4.6%. In addition, it has retained and won over £13m of business over the past year, in terms of full turnover value for the duration of the contracts. The company … [Read more...]
UK hotel investment rises 47% to £1.89 billion in Q1 2015
International real estate advisor Savills has reported that total transaction volumes in the UK hotels market reached £1.89 billion in Q1 2015, marking an increase of 47% on the same quarter last year. The firm also highlights a substantial rise in portfolio acquisitions and disposals, which accounted for 65% of hotel transactions in the first quarter compared to 28% in Q1 … [Read more...]
Calcot Hotels acquires The Cotswolds88
Gloucestershire-based Calcot Hotels has added The Cotswolds88 hotel in Painswick to its portfolio of hotels. With previous owners Phil and Val Harris seeking to sell the 17-bedroom hotel as they planned their retirement, specialist property agent, Christie + Co approached Calcot Hotels as a potential buyer. Perched high within the historic hilltop town of Painswick (which … [Read more...]