Trends & Reports

IHG has 44 Hotel Indigo properties around the world, with 53 in the pipeline

IHG’s boutique Hotel Indigo brand hits Wales

By Luke Nicholls

Intercontinental Hotels Group (IHG) is continuing to expand its boutique hotel brand Hotel Indigo with the signing of Hotel Indigo Cardiff, the first Hotel Indigo to open in Wales.

The Coffer Peach Business Tracker revealed the negative effects of April's wet weather on pub and restaurant sales

Cold and wet April hits pub and restaurant sales

By Luke Nicholls

April proved to be a washout for the eating and drinking-out market as unusually cold and wet weather hit like-for-like sales, according to this month’s Coffer Peach Business Tracker.

UK hotels post 'exceptionally strong' April results

UK hotels post 'exceptionally strong' April results

By Peter Ruddick

Hotels in the UK posted April results that PKF Hotel Consultancy Services described as 'exceptionally strong' with a stronger performance compared with the same month in 2011 when the industry was boosted by the Royal Wedding. 

MWB Groups financial update admits that the hospitality industry remains 'extremely challenging'

‘Challenging’ times for MWB as revenues flatten and RevPAR falls

By Luke Nicholls

Malmaison and Hotel du Vin owner MWB Group has today admitted that trading for the first quarter has been ‘challenging’, with room occupancy and F&B revenues across both brands levelling out, and a ‘slight reduction’ in Malmaison’s revenue per available...

Meliá Hotels predicts strong 2012 performance in UK

Meliá Hotels predicts strong 2012 performance in UK

By Peter Ruddick

Meliá Hotels International has predicted it will experience a 'strong' performance in the UK in the third quarter of the year driven by the Olympics and the opening of ME London as the Spain-based operator reported increased profits and revenue...

Alcohol minimum pricing: Scotland seeks 50p a unit

Alcohol minimum pricing: Scotland seeks 50p a unit

By Peter Ruddick

The Government in Scotland has confirmed it will push for a minimum price per unit of alcohol of 50p if its proposed legislation to introduce minimum pricing north of the border is approved by the Scottish Parliament.

Eighty-nine per cent of diners claim that a slow payment process has 'ruined' their dining experience

Restaurants leave customers playing the waiting game

By Luke Nicholls

More than half of UK diners believe that speed of payment is now a more important issue for a restaurant to address than the quality of food, with 89 per cent claiming that slow payment has ruined their evening.

BrewDog used its online influence to urge craft beer fans to make their views clear to Diageo

Diageo debacle provided great media potential, says BrewDog PR

By Luke Nicholls

A major row between Scottish-based independent brewer BrewDog and global drinks giant Diageo provided ‘great media potential’ for the pub group, with its Twitter followers able to escalate the issue into a global trend overnight.

InterContinental Hotels Group results show profits rise

IHG profits rise, UK market remains 'resilient'

By Peter Ruddick

InterContinental Hotels Group has revealed revenue per available room (RevPAR) in the UK grew in the first three months of the year and described the market as resilient as profits surged across the business.

Unexpected drop in hospitality administrations

Unexpected drop in hospitality administrations

By Peter Ruddick

Accountancy firm Baker Tilly has analysed the latest figures from insolvency regulators The Insolvency Service and revealed the number of hotel and licensed businesses appointing administrators dropped unexpectedly in the first quarter of the year.

Thirty-nine per cent of high street restaurants now include calorie information on their menus and websites

Average price of three-course meal breaks £20 barrier

By Luke Nicholls

The average price of a three-course meal in a UK restaurant has risen by 7.1 per cent to £20.90 - up from £19.52 last year, while the average price of an individual dish has risen nearly 3 per cent year-on-year, from £6.19 to £6.41.

Novus Leisure operates 52 premium bars in the UK, including those in the Tiger Tiger brand

Novus Leisure on track for record profits

By Luke Nicholls

Bar and nightclub operator Novus Leisure has announced it is on track for record profits of nearly £20m for the 12 months to June in a financial update this morning.

JD Wetherspoon has reported a 2 per cent rise in like-for-like sales in the 13 weeks to 22 April

JD Wetherspoon 'more cautious' as tax bill mounts

By Luke Nicholls

National pub group JD Wetherspoon has announced that it is to reduce the number of new pub openings in the next financial year as it grapples with a £50m increase in its annual tax bill.

Hotel prices during the London 2012 Olympics continue to rise

London 2012 Olympics: Hotel prices during the Games continue to rise

By Peter Ruddick

Hotel prices during the Olympics period later this Summer are continuing to rise with the cost of rooms in the capital up 65 per cent on average on last years prices although occupancy levels still have room to grow, according to the latest study from...

Cote Brasserie took pole position after delivering profit growth over a three-year period of 225.3 per cent

Cote tops UK profit growth list

By Luke Nicholls

French bistro chain Cote has been revealed as the company with the fastest-growing profits within the UK's restaurant, pub and quick service market.

UK economy drops into 'double-dip' recession

UK economy drops into 'double-dip' recession

By Peter Ruddick

The hospitality industry has reacted to the news the UK economy has returned to recession and is now in a 'double-dip' recession, according to the latest figures released by the Office for National Statistics (ONS).

Managed pub companies with increased food offerings could encounter problems as they run out of space to grow in the pub market

Managed pubs running out of market space, warns Horizons

By Luke Nicholls

As pub group TCG launches a new quick service food concept, foodservice analyst Horizons warns that managed pub companies could encounter problems as they run out of space to grow in the pub market and may have to consider becoming restaurants in their...

Horizons provides consultancy services, workshops and statistical information for the foodservice sector

Light at the end of the tunnel for restaurants, says Horizons

By Luke Nicholls

The UK restaurant industry is weathering the financial storm, with increased consumer spend and on-going innovation in the foodservice market providing a solid foundation for post-recession recovery over the next 18 months.

'Pasty Tax' gets go-ahead despite opposition in Parliament

'Pasty Tax' gets go-ahead despite opposition in Parliament

By Peter Ruddick

The so-called 'Pasty Tax' will be introduced as planned after a last-minute amendment to the Budget proposals for VAT changes on hot takeaway food was narrowly defeated by 35 votes in the House of Commons last night.

Accor reveals near record occupancy for London hotels

Accor reveals near record occupancy for London hotels

By Peter Ruddick

International hotel operator Accor has revealed in its first quarter results that increased revenue growth globally has been driven in the UK by a very strong period in London with occupancy rates at near record levels for the French company.

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