St Austell Brewery Company Ltd, one of the South West’s most successful independent brewers with 168 pubs and a portfolio of award-winning ales, has reported a 10 per cent increase in annual turnover to £116.6 million and a 7.4 per cent increase in EBITDA (earnings before interest, taxes, depreciation and amortisation) to £13.8 million in the year ended 28 December 2013. Very … [Read more...]
Search Results for: hotel acquisition
The Dorchester freshens the Chefs Table and launches Kitchen Parties
London’s iconic hotel The Dorchester, part of Dorchester Collection, has launched a new ‘Kitchen Parties’ event concept and a fresh look for its legendary chef’s table this spring. The Chefs Table has long been favoured by discerning guests seeking to celebrate a special occasion, and its new look is sure to add to their numbers: fine dining in a superb environment combined … [Read more...]
Launch of Buell Connect for SME hospitality businesses
Buell Connect, the hotly anticipated new membership club for independent hospitality and leisure operators was launched by The Buell Group at Hotelympia and, with the 30 founder members in attendance, the club is off to a strong start. In a first for the hospitality and leisure sector, Buell Connect will provide SME businesses with access to a network of over 65 leading … [Read more...]
Pubs proving popular for investors returning to sector
Canny City investors are building funds to buy up surplus pubs in prime areas of the South as the hospitality sector emerges from three decades of doom and gloom. That’s according to Colliers International hotels director Peter Brunt, who said the fast-recovering sector was now being seen as a prime investment territory. Values to rise with growing operating … [Read more...]
Are you making productive use of social media?
Are you making the most of social media? 7 in 10 UK adults log into their social media accounts every day, according to Ofcom. According to eMarketer, by next year (2015), more than half of those using a mobile phone will access social networks on their mobile devices. Whereas in the past hospitality and leisure companies would advertise in (local) newspapers or through … [Read more...]