25/11/2025 11:15:00
RedCat Hospitality has announced its trading figures for the second quarter of its current financial year, showing positive momentum across both its pub and hotel divisions, writes CLH News. The company, which operates The Coaching Inn Group and RedCat Independent Pubs, recorded total turnover of £34.6 million during the July to September period. The Coaching Inn Group contributed £20.9 million to the overall figure, whilst RedCat Independent Pubs generated £13.7 million. The business reported like-for-like sales growth of 4.3% across the portfolio, with accommodation revenue reaching £10.7 million for the quarter.
The late-night economy sector in the UK has contracted by 4.6% in 12 months, according to a report by CGA by NIQ and the Night Time Industries Association (NTIA). The data was revealed as part of the Night Time Economy Market Monitor, which was created by the two organisations. The dip takes the UK's late-night bars, clubs, casinos and similar venues to 28% below the level of March 2020, when Covid-19 shuttered the sector and kicked off years of financial pressure. More positively, licensed venues in the evening economy - as opposed to late-night premises - grew by 0.9% in the 12 months to September. This sector is just 7.4% behind March 2020, reports the Spirits Business.
Admiral Taverns has injected £1.05m into three pubs over the past month, reports Morning Advertiser. All of the pubs were part of its award-winning community wet-led operation division, Proper Pubs, which operates more than 220 sites across England, Scotland and Wales. First to benefit was the Athelstan in Bournemouth, which reopened on Thursday 30 October following an investment of £420,000. The Steeplechase in Uttoxeter was the next to welcome customers back through the door. Admiral injected some £305,000 into the pub, which now has a more modern look and feel. The most recent pub to reopen was the Travellers Rest in Pontefract, following an investment of nearly £320,000.
London has been ranked the most attractive European city for hotel investment for a third year, while Edinburgh has retained its position as the top regional UK destination, according to Deloitte's 2025 European hotel industry and investment survey. The findings show sustained confidence among industry leaders, with most respondents reporting a positive long-term outlook for the UK and European hotel market and expecting investment levels to grow over the next five years. Profitability remains a concern, with fewer than half of executives believing hotels will become more profitable over the same period. Labour and workforce issues and geopolitical tension are viewed as the dominant risks to growth, but managing or increasing profitability has become the top business priority for the year ahead, reports Hotel Owner.
The opening of House of Gods Canary Wharf-which will mark the first London site for the Scotland-based hotel group-has been pushed back to 2026 due to building complexities, Boutique Hotelier reports. House of Gods Canary Wharf will comprise 79 bedrooms, decked out with the brand's signature opulent interiors. It will also be home to a 300-cover rooftop restaurant and bar called Sacred Garden, which boasts views over Eden Dock. House of Gods first opened in Edinburgh in 2019, while a second site opened in Glasgow this summer. House of Gods Canary Wharf forms part of a new 65,000 sq ft hospitality and leisure venue led by Imbiba, a hospitality investor which is a financial backer of the hotel brand. Imbiba companies also include Farmer J, Pizza Pilgrims, F1 Arcade, 1Rebel, Little Houses Group, Clays, and House of Gods.
New research has found business confidence among industry leaders has plummeted to its lowest level since the height of the pandemic, writes Morning Advertiser.
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