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UK Leisure Sector - Q2 2019

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A number of pub companies have reported an increase in like-for-like sales; Wadworth saw a managed like-for-like sales increase of 2.3%, exceeding the tenanted division for the first time. Thwaites like-for-like sales grew by 4%. Loungers, the operator of 148 restaurants and bars, reported a 6.9% like-for-like sales increase with total revenue of £150m, and finally Ei Group reported a tenanted like-for-like 1.9% increase in income.

Newswire - 15 July

This week in Newswire: Oakman Inns announce strong trading results, Butcombe Brewery to open Bath boutique hotel, Elephant Park welcomes Koi Ramen and The Tap In, Joseph Holt to open microbrewery at Manchester airport, Waka to open in the City of London and finally a record breaking performance from London's hotels for June.

Brighton

Brighton is one of the most diverse, cosmopolitan, green, liberal and exciting cities in the UK, boasting a visitor count which exceeds its population. The effects of Brexit are rippling through the industry but there is no doubt that Brighton's vibrancy will remain, leading the way with a raft of new openings, pop-ups, collaborations with smaller venues as well as price sensitive niche offerings focusing on the local customer base; demonstrating the appetite for independent operators and home grown talent.