The Board of Punch Taverns Plc has announced that Duncan Garrood has agreed to join as Chief Executive Officer on or before 15 June 2015. Duncan will join Punch from MH Alshaya where he has been the President of the Food Division, since 2009, with broad responsibility across a retail division of 1,000 franchised outlets. Prior to his current role Duncan was Commercial … [Read more...]
PPHE Hotel Group reports strong growth and record revenue
PPHE Hotel Group Limited, which together with its subsidiaries owns, leases, develops, operates and franchises full service upscale and lifestyle hotels in major gateway cities and regional centres, predominantly in Europe, has announced its audited results for the year ended 31 December 2014. Commenting on the results, Boris Ivesha, President and Chief Executive Officer, … [Read more...]
Licensed hospitality businesses are driving growth
Research released yesterday by the Department for Business, Innovation and Skills confirms that licensed hospitality businesses are driving growth in Britain and are more optimistic about future prospects than the wider business community. The Small Business Survey 2014 shows that 32% of small and medium-sized employers expect to be employing more people in 12 months’ time, … [Read more...]
SACO merges with Oaktree Capital Management
Founders David and Lesley Freed, Managing Director Stephen Hanton and Marketing Director Jo Redman announced at the International Hotel Investment Forum in Berlin that SACO has merged with Oaktree to form a £60 million hospitality company. The partnership includes the launch of the Beyonder ApartHotel brand, an innovative serviced apartment concept which has been developed … [Read more...]
Wetherspoon a Top Employer for 12th consecutive year
Wetherspoon has officially been certified as one of the Top Employers United Kingdom 2015 by The Top Employers Institute for its exceptional employee offerings. It is the 12th consecutive year that Wetherspoon has been recognised. The annual international research undertaken by the Top Employers Institute recognises leading employers around the world; those that provide … [Read more...]