Salmon Harvester Opportunity Fund (SHOF) has signed Byron Hamburgers for a 4,392 sq ft restaurant in Worcester. Having secured planning permission for the redevelopment of Cathedral Plaza in August, SHOF plans to start on site in the second quarter of 2015, with the retail and leisure scheme programmed to open during fourth quarter 2016. The exciting redevelopment plans, … [Read more...]
Mama Shelter gets bigger
The MAMA SHELTER family is getting bigger with ACCOR acquiring around 35% stake in its capital - and about twenty new MAMAs are due to open over the next five years. This partnership gives MAMA SHELTER access to ACCOR’s development and distribution network, which will allow it to accelerate its openings and offer its customers new destinations. MAMA SHELTER will open in Los … [Read more...]
C&C Group: 6 months results, Spirit approach
C&C Group plc, the leading manufacturer, marketer and distributor of branded cider, beer, wine and soft drinks has released results for the six months ended 31 August 2014, with Stephen Glancey, C&C Group CEO, taking the opportunity to comment briefly on the thinking behind the approach for Spirit Pub Company: Spirit Pub Company “C&C has a differentiated … [Read more...]
Modern Slavery: Home Office guidance for the Hospitality sector
The Home Office has launched a modern slavery marketing campaign to raise awareness that slavery exists in the UK. Modern Slavery can take many forms including the trafficking of people, forced labour, servitude and slavery. Recent statistics show that 27% of potential victims are trafficked into labour exploitation. Traffickers and unscrupulous recruitment agencies target a … [Read more...]
Marriott reports outperformance in third quarter
Marriott International has reported third quarter 2014 results with net income totalling $192 million, a 20 percent increase over third quarter 2013 net income. Diluted earnings per share (EPS) totalled $0.65, a 25 percent increase from diluted EPS in the year-ago quarter. RevPAR rose 8.1 per cent, average daily rate rose 4.5 per cent, development pipeline increased to … [Read more...]