Accor, the leading hotel operator and market leader in Europe, is opening hotels in two prime locations right in the centre of Piccadilly Circus and Leicester Square, following the signing of a franchise agreement with Criterion Capital Group who will develop the two properties. The Trocadero, Piccadilly – ibis Styles ibis Styles Piccadilly Circus, will be located within … [Read more...]
Sale of Roadchef announced
Delek Group, owners of Roadchef Motorway Services, has announced that it has entered into a binding agreement for the sale of its entire holdings (100%) in Roadchef Ltd to Antin Infrastructure Partners, a European infrastructure fund, in consideration of approximately GBP 153 million. The sale is expected to complete by the end of September 2014. No further information on … [Read more...]
Declining customer satisfaction with restaurants
Customer satisfaction with restaurants declines this year, according to the latest results of the National Customer Satisfaction Index (NCSI-UK). Nearly every large restaurant chain shows deteriorating customer satisfaction, and for the first time, customers are more satisfied with quick-service restaurants than full-service restaurants. Customer satisfaction with limited … [Read more...]
Greggs: full year profits to be ahead
Greggs, the leading bakery food-on-the-go retailer in the UK with almost 1,700 retail outlets, has reported strong performance for the 11 weeks to 13 September in its Interim Management Statement: Own shop like-for-like sales up 5.4% for the 11 weeks to 13 September (2013: 1.0% decline) Year to date own shop like-for-like sales up 3.9% Total sales growth 3.5% year to … [Read more...]
Wahaca’s perfect wake-up call
Wahaca, the award winning Mexican street food restaurant launched by Thomasina Miers and Mark Selby, is introducing a new breakfast menu inspired by fresh British produce and the vibrant flavours of Mexican cuisine. The perfect wake-up call Coinciding with the opening of Wahaca Great Portland Street on 11 September the menu will be served at the new site from 7:30 am on … [Read more...]