Some of the biggest names from the hospitality and tourism industries received honorary awards at the London School of Hospitality and Tourism annual awards ceremony on Friday 14 March. Those Honoured included TV chef Heston Blumenthal OBE; Jeremy King OBE and Christopher Corbin OBE, owners of some of London’s finest restaurants including The Wolseley; Thomas Kochs, Claridge’s … [Read more...]
VAT Club Jacques Borel to stage second Tax Equality Day
It follows on from the success of the first Tax Parity Day which took place in 15,000 pubs and restaurants across the UK in September 2013, and will take place on 24 September 2014. Pubs and restaurants will once again be encouraged to support the campaign to reduce the level of VAT in the hospitality sector by lowering prices on food and drink by 7.5 per cent. The prices will … [Read more...]
SSP, Roadchef, Gondola…next it’s Just Eat and Tragus!
Every day another new story emerges about acquisitions, floats, fundraising in the hospitality sector. It seems that the emergence of the UK from recession is unleashing a backlog of deals that were waiting to be done, ambitions that had been held in check, or – no surtprise - debt that needed to be re-financed. Tragus in talks with its banks? Tragus, the owner of high … [Read more...]
The Fable: set for a busy summer and enduring success
Drake & Morgan’s latest venture, The Fable in Farringdon, opened a month ago to considerable fanfares, and H&C News was pleased to visit last week and take an in-depth look at exactly what it presents. It offers – a lot! This is a considerable establishment: it may originally have been a dwelling house that dates back to the 15th Century, but it has certainly been … [Read more...]
Versa acquires BridgeStreet Global Hospitality
BridgeStreet Global Hospitality, the leading international serviced apartment organisation with more than 50,000 locations in 60 countries, has been acquired by an affiliate of Versa Capital Management, LLC (Versa). The investment, which follows on the heels of BridgeStreet's recent rebranding and international growth, will elevate BridgeStreet's presence and create new … [Read more...]