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Failed Covid-19 hospitality insurance claimants join a collective

By James Russell: Failed Covid-19 hospitality insurance claimants join a collective

May 24, 2020

  A growing group of angry hospitality businesses that individually failed with claims of business damages resulting from Covid-19 to date, are now planning collective legal action. The group, called HIGA and legal advisers Mishcon de Reya, have said legal action will focus against two giants of the insurance world, Aviva and QBE. The focus follows from hundreds of … [Read more...]

Whitbread CEO serves notice of acquisition intent

By James Russell: Whitbread CEO serves notice of acquisition intent

May 24, 2020

As Whitbread busy themselves in preparing to secure liquidity through raising circa £1bn from shareholders, CEO Alison Brittain has sent out a note of acquisition intent to the hospitality industry. Brittain in a note to the press said Whitbread didn’t need the £1bn to stay afloat, with the money intended as a war chest to make acquisitions. She even outlined the basic … [Read more...]

Government to shut stable doors after horses bolt

By James Russell: Government to shut stable doors after horses bolt

May 23, 2020

  The Government’s announcement yesterday to introduce quarantine measures at UK airports and borders two months into the Covid-19 crisis is inexplicable. Inexplicable primarily as, it wasn’t continued after introduction at the start of the pandemic. In late February people arriving back from trips outside the UK, showing symptoms of Covid-19 were immediately … [Read more...]

One hotel group 700 new Covid-19 safety protocols

By James Russell: One hotel group 700 new Covid-19 safety protocols

May 23, 2020

  NH Hotel Group has launched a new set of measures to address the current Covid-19 crisis. The measures are designed to preserve the safety of travellers and employees, through various initiatives and adaptation of 700 operating standards. They will be implemented in each and every one of the Group's 364 properties across Europe and America. Under the new ‘Feel Safe … [Read more...]

Restaurant acquisition frenzy looms

By James Russell: Restaurant acquisition frenzy looms

May 23, 2020

  Boparan Restaurant Group’s confirmation of acquiring Carluccio’s yesterday morning was good news, not least for the 800 people that had their jobs saved. It also is a preview to a frenzy of similar acquisitions in casual dining, and the wider UK restaurant sector. As restaurants across the UK remain closed due to Government restrictions combating the spread of … [Read more...]

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