The owner of Revolution Bars, the operator of a chain of bars on UK high streets, has decided to take advantage of favourable financial conditions and access funding through an IPO. There are no fewer than 58 ‘Revolution’ bars across the UK, and the Group has announced its intention to float on the London Stock Exchange, joining others who are taking advantage of favourable … [Read more...]
The Ascott Limited joins ASAP
The Association of Serviced Apartment Providers (ASAP) has announced that The Ascott Limited, the world’s largest international serviced residence owner/operator, has become a full member of the association. ASAP managing director James Foice said he was delighted to welcome Ascott to the trade association, which is aiming to double its membership during the course of 2015. … [Read more...]
IHG reports excellent Preliminary Results
IHG has reported its Preliminary Results for the year to 31 December 2014, describing it as an excellent year with strong financial performance and continued delivery of its winning strategy. Richard Solomons, Chief Executive of InterContinental Hotels Group PLC, commented: “2014 was an excellent year for IHG as we delivered against our long-term winning strategy for … [Read more...]
Social Media: how do you compare with hospitality benchmarks?
The results are in! H&C News recently conducted its first survey to look at what social media activities are being undertaken by hospitality businesses – from hotels to fine dining, from pubs to events, from catering to cafes. Using Social Media channels is today regarded as essential by most successful hospitality businesses, but how are they managing their activities, … [Read more...]
The Salutation Inn, Ham, Gloucestershire is National Pub of the Year
The Salutation Inn, a rural freehouse in the small village of Ham, Gloucestershire, has walked away with the Campaign for Real Ale's (CAMRA) National Pub of the Year Award - a feat made even more impressive given that this is the first pub the landlord has ever run. Former business analyst Peter Tiley had never even pulled a pint when he decided to quit his job in London and … [Read more...]