The hostel and limited service hotel sector is becoming one of the most dynamic hospitality investment sectors, with its adaptability and cost effectiveness, along with intense competition from both group and independent operators, contributing to rapid expansion. At the forefront of the property market A new report published this week by global hotel consultancy HVS, … [Read more...]
BII unveils Anthony Pender as Chairman
Anthony Pender has been selected as the next Chairman of the BII. He is founder and managing director at the five-strong Yummy Pub Company and is vice chairman of the Perceptions Group, the award-winning initiative to promote the pub sector as a career option. He has worked at Yummy Pub Company for seven years and previously worked as free trade sales manager at … [Read more...]
Young’s reports strong trading from its quality portfolio
Young’s has reported its interim results for the 26 weeks ended 29 September 2014, showing strong trading – revenue up 7.8% in total, 6.9% like-for-like - which has continued into the autumn. Stephen Goodyear, Chief Executive of Young’s, commented: “We are delighted to report another period of very strong trading, with further impressive sales growth from our managed estate … [Read more...]
Okanda aims to double meeting room occupancy
Revolutionary new reservation system will boost occupancy levels and increase profitability for hoteliers in £40bn market. A new business set up by a clutch of experienced international hoteliers aims to double the occupancy rates of hotel meeting rooms by launching a best-of-breed online, real-time, central reservation system. Okanda is set to revolutionise the booking … [Read more...]
CGA Peach Icons and Heroes 2014
JD Wetherspoon founder Tim Martin and Andy Bassadone of Strada, Côte and now Bill’s are the latest inductions to CGA Peach’s hall of fame after picking up Icon Awards at its annual ceremony, joining 14 other legends of the sector as winners of the prestigious Icon Awards. Presenting the Icon Awards, CGA Peach vice president Peter Martin said: “The CGA Peach Icon trophy is … [Read more...]