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Newswire - 20 August

This week in Newswire: Red Oak Taverns acquires 18 Wadworth pubs, planning permission secured for Hatton Garden Hotel, Deltic Group opens Eden in Manchester, Brakspear report strong financials, Country Pub Group purchases two pubs and finally Inception Group set to open The Ticket Hall & Control Room.

UK Leisure Sector - Q2 2019

Click here to download the UK Leisure Sector - Q2 2019.

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.

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.