Based on daily data, STR Global’s preliminary November data for London indicate: increases in supply (3.1 percent) and demand (4.4 percent); a 1.3-percent increase in occupancy to 84.4 percent; a 2.0-percent increase in average daily rate to GBP147.41; and a 3.3-percent increase in revenue per available room to GBP125.08. A 3.0-percent increase in revenue per … [Read more...]
Master Innholders announces 2015 scholars
Twenty of the UK’s most talented hoteliers have now been offered a place on The Master Innholders’ coveted Hotel Management Scholarship Programme, which sees individuals attend intensive professional development programmes at either Cornell University in the USA, Cranfield University School of Management, or the renowned École Hôtelière de Lausanne in … [Read more...]
Shake Shack for Westfield Stratford
Danny Meyer’s Union Square Hospitality Group (USHG) is to open its second London Shake Shack in bustling Westfield Stratford City shopping centre. This Shack will build on the success of the original London Shake Shack (pictured above) in Covent Garden (July 2013). Born in 2004 in New York City’s Madison Square Park, Shake Shack is a critically acclaimed, modern day … [Read more...]
Cracking results for pub and restaurant groups
Pub and restaurant groups saw collective like-for-like sales grow 3.4% in November, against the same month last year. Latest figures from the Coffer Peach Business Tracker also showed that London remains more buoyant than the rest of the country with like-for-like sales up 6.1%, compared to 2.4% outside the M25. “Managed pub groups saw 2.8% LFL growth, with casual dining … [Read more...]
McDonald’s inspires 22 million Happy Readers in two years
McDonald’s UK has announced that it has handed out 22.7 million popular books over the past two years, far exceeding its pledge to put 15 million books into the hands of families by the end of 2014 and to help make reading fun. ‘Happy Readers’ campaign Announced in January 2013, McDonald’s ‘Happy Readers’ campaign was launched in response to research showing that one in … [Read more...]