Young & Co’s Brewery has announced interim results for the 26 weeks ended 28 September 2015, in which it reports a very strong performance for the half year driven by organic growth from the well-invested estate and good contributions from recent acquisitions. Revenue is up 8.3%, despite tough comparatives and PBT is up 10.3% at £20.3m, with the Managed House division … [Read more...]
Search Results for: hotel acquisition
2016: a world-class year heading for London…
2016 is set to bring a stellar line-up of brand new theatre, exhibitions and special events to the capital: from blockbuster exhibitions, anniversaries and commemorations to light festivals and on-stage magic, 2016 in London is expected to captivate its ever-growing global audience. Events include: Lumiere London 2016, 14-17 January: A host of international artists will … [Read more...]
Marriott reports 3Q Results up with strong pipeline
Marriott International, Inc. has reported third quarter 2015 results with third quarter 2015 net income totalling $210 million, a 9 percent increase over 2014 third quarter net income. Diluted earnings per share (EPS) in the third quarter totalled $0.78, a 20 percent increase from diluted EPS in the year-ago quarter. On July 29, 2015, the company forecasted third quarter … [Read more...]
D&D announces record profits as turnover tops £100m
D&D London, theowner and operator of restaurants in London, Leeds, Paris, New York and Tokyo and the 80 bedroom South Place Hotel in London, has announced its financial results for the year ended 31st March 2015. Des Gunewardena, Chairman and CEO of D&D London commented: "We have had an excellent year and getting to £100m is a milestone to celebrate. More importantly … [Read more...]
The One Group secures first UK site for STK Rebel
Global hospitality company, The ONE Group, has reached agreement to open its first STK Rebel outside North America – in Edinburgh, in 2017. The STK Rebel concept, which is an all-day interpretation of The ONE Group’s high-end and highly-acclaimed international steak restaurant STK, will take its anchor place alongside a select group of leading eating-out brands within a … [Read more...]