Finance

London’s W hotel sold for £200m to overseas investor

22-Sep-2011 By Becky Paskin

The 192-bedroom W London-Leicester Square hotel has been sold for almost £200m in what is one of the most high-profile hotel transactions of the year.

Restaurants, pubs and hotels urged to invest in equipment now to get tax benefit

04-Aug-2011 By Emma Eversham

Restaurant, hotel and pub owners are being urged to invest in new equipment for their business now if they want to benefit from a special tax allowance.

ASK THE EXPERTS

How to secure funding for your hospitality business

13-Jun-2011

In today’s environment, how can a growing business be sure that it’s in the best possible position to secure much-needed financing? Mike Saul, Head of Hospitality and Leisure at Barclays Corporate explains how to access finance in the changing world of...

Pod secures £3.5m investment to expand to 25 sites

31-May-2011 By Becky Paskin

Healthy fast food chain Pod has secured £3.5m of funding to open a further 16 sites across London, taking its estate to 25 by mid-2012.

Wagamama sale agreed, further expansion planned

25-Mar-2011 By Lorraine Heller

Lion Capital, owners of the fast-casual noodle chain Wagamama have agreed to sell the business to private equity group Duke Street.

Hospitality sector welcomes interest rate decision

10-Mar-2011 By Lorraine Heller

The Bank of England is holding its interest rate at the record low of 0.5 per cent, a decision that allows the UK’s restaurant, pub and hotel sector more time to recover from a hit to consumer spending.

Punch Taverns facing strategy review following profit fall

12-Oct-2010 By Martyn Leek, The PMA Team

Punch Taverns, the leased and tenanted pub operator, is to carry out a "comprehensive" strategy review after a fall in profits

Gov blamed for 'holding back' Britain's tourism industry

02-Apr-2009 By Emma Eversham

The British Hospitality Association says the Governments withdrawal of financial incentives and a disjointed marketing strategy threatens the success of Britains tourism industry

Masterchef winner seeks head chef and investors for new restaurant

27-Feb-2009 By Becky Paskin

Mat Follas, the winner of Masterchef 2009, is seeking investment as well as a head chef, for his soon-to-open Dorset restaurant, Wild Garlic

Train staff and survive the recession

23-Jan-2009 By Becky Paskin

Businesses are warned if they don’t invest in training instead of making redundancies, they are more likely to fall victim to the recession

Stockport Hotel Sold for £17m

06-Mar-2008 By Alan Lodge

Bredbury Hall in Stockport has been snapped up by a trio of investors for a fee in the region of £17m. The historic 140-room hotel dates back to 1812.