Greene King has released its pre-close trading update for the 52 weeks to 27 April 2014, showing continuing sales growth, and with ‘cautious optimism for the forthcoming financial year’. Highlights Retail like-for-like (LFL) sales up 4.1% and up 4.8% in the last 16 weeks 22nd consecutive quarter of LFL sales growth Food LFL sales up 5.0% and room LFL sales up … [Read more...]
Hospitality Sector annual performance benchmark on energy consumption
For the first time, leading pub and restaurant groups, representing 80% of managed outlets across the UK, have come together to benchmark their efficiency on energy consumption and to understand its impact on profitability and environmental performance. Energy is now the second highest controllable cost factor for the sector after labour and, with rising energy prices and … [Read more...]
British Roast Dinner Week shows roasts are not just for Sundays
British Roast Dinner Week is calling for the UK’s pubs and restaurants to ‘boast their roast’ by taking part in a celebration of Britain’s favourite meal. Sponsored by KNORR® Gravy and supported by COLMAN’S®, British Roast Dinner Week, which runs from 29 September to 5 October, encourages pubs and restaurants to put roasts on the menu every day, rather than just Sundays. In … [Read more...]
De Vere Group sells the Grand at Brighton
The Board of De Vere Group has reported that it has now completed the sale of the Grand at Brighton Hotel. No details of the purchaser or price have been disclosed by De Vere. Following the disposal, the Group comprises a portfolio of golf resorts and the Village Urban Resorts brand. In line with the Group's strategy of building and crystallising value, which saw the … [Read more...]
Millennium & Copthorne introduces new ‘Monogram Collection’
As part of an exciting and strategic new branding exercise, Millennium & Copthorne Hotels Plc. is introducing "Monogram Collection", a portfolio of hotels with individual, historic, stylish or unique characters – ranging from heritage to designer lifestyle hotels around the globe. The Chelsea Harbour Hotel is the first “Monogram Collection” hotel to launch, with … [Read more...]