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Newswire - 12 January

Newswire - 12 January

This week in Newswire: Pubs reopening dates speculation, chancellor introduces one off grants of up to £9,000, pubs as Covid vaccination centres?, C&C Group takes 8% equity stake in craft beer brewer Innis & Gunn, Star Pubs & Bars extends 90% rent reduction for tenanted and leased pubs, Arc Inspirations - we've borrowed £4m to stay closed, Albert Roux passes away, aged 85 and finally, how long did your New Year's resolutions last?

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12 January 2021 Newswire Topics: Finance , Hotels & Guest Houses , Pubs & Bars , Restaurants

Newswire - 22 December

Newswire - 22 December

This week in Newswire: Thousands more pubs plunged into tier 3, Deltic bought out of administration by Rekom, Leon receives CVA approval, Revolution Bars Group blames UK government's 'scandalous' and 'inept' decisions for £31.7m losses, Pistachio Holdings buys majority stake in Creams, German Doner Kebab opens 50th UK site, Airbnb soars to near $100bn valuation as shares more than double in IPO and finally food business Brakes have said demand for scotch eggs has surged.

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22 December 2020 Company News Topics: Pubs & Bars , Rental , Restaurants

Newswire - 15 December

Newswire - 15 December

This week in Newswire: Eviction moratorium extended until 31 March 2021, possible sale of SA Brain, Marston's records £397m pre-tax loss, Zip World Tower Project in South Wales receives £4.4m backing, nightclubs and bars to be supported by parliamentary group, new bar group Nightcap to float on AIM with first acquisition, plans for £60m surf park at TraffordCity revealed, Stonegate extends support for pubs in all three tiers, The Olive Branch in Clipsham, Rutland has been named UK Pub of the Year by the Good Pub Guide 2021.

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15 December 2020 Newswire Topics: Leisure & Nightclubs , Pubs & Bars , Rental , Restaurants

Hotel Market Update 2020

Hotel Market Update 2020

This year has been a tempestuous one for the hotel and hospitality sectors as lockdown restrictions brought in to prevent the spread of coronavirus have impacted the ability for hotels to trade to their potential. We raise the question of how this may impact values and demand for hotel businesses.

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08 December 2020 Industry updates Topics: Agency , Hotels & Guest Houses , Rental , Sold

Newswire - 8 December

Newswire - 8 December

This week in Newswire: Ladhar Group acquires Sir John Fitzgerald, Cain International acquires Prezzo, Robinsons Holidays sold to Daish's Holidays, CitizenM to open fifth London hotel in £1.3bn redevelopment of London Olympia, restaurant chain Leon serves up two-year restructuring to creditors, Greene King tied tenants to continue to receive 90% rent concessions in tiers two and three, Black Country Ales secures 40th pub, Westminster City Council to extend al fresco dining scheme and finally Langan's Brasserie is to be relaunched next autumn after being acquired out of administration.

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08 December 2020 Newswire Topics: Hotels & Guest Houses , Leisure & Nightclubs , Pubs & Bars , Rental , Restaurants

Newswire - 1 December

Newswire - 1 December

This week in Newswire: 98% of all pubs in England under Tiers 2 & 3, Gleneagles and Hoxton hotels owner Ennismore to merge with Accor, EG Group owners launch bid for Caffe Nero, Pizza Hut Delivery eyes expansion after double digit like-for-like sales growth, Portobello Brewery takes over the management of 13 Antic pubs, coronovirus wipes £14billion off pub market value, Cineworld secures £560m cash lifelines as Covid closes cinemas and finally Berkeley Inns MD Howard Thacker is preparing to permanently ban from his venues, any MPs that back the introduction of the strengthened tier system.

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01 December 2020 Newswire Topics: Hotels & Guest Houses , Leisure & Nightclubs , Pubs & Bars , Restaurants

Newswire - 24 November

Newswire - 24 November

This week in Newswire: Call for clarity on reopening date as industry burns through £500m 'to stay closed', Philippines fast food chicken giant Jollibee plans 50 UK restaurants, nightclub group Deltic warns landlords of 'closure' without sale, many nightclub owners considering legal action as sector faces 'extinction', BrewDog to open new Manchester DogHouse hotel, All Bar One owner Mitchells & Butlers shuts down up to 20 pubs and restaurants permanently, rescue deal lined up for Cineworld as Covid-19 leaves it struggling under weight of £6.2bn debt pile and finally there has been a real buzz about a new honey-themed restaurant concept, Hive.

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24 November 2020 Newswire Topics: Hotels & Guest Houses , Leisure & Nightclubs , Manchester , Pubs & Bars , Rental , Restaurants

Newswire - 17 November

Newswire - 17 November

This week in Newswire: "The UK will return to as close to a pre-covid normality by July 2021", Treasury denies speculation Eat Out to Help Out could return for winter, Whitbread to row back on job cuts, labour leader calls for 'staggered closing times' to replace 10pm curfew when blanket lockdown ends on December 2, Revolution Bars to advance with CVA proposals, Casual Dining exhibition postponed until September 2021, Google searches for 'takeaway pints' rise 3,000% in a week and finally TripAdvisor has hit back at a Thai hotel that filed a criminal complaint against an American holidaymaker, resulting in two days detention and a possible two-year jail sentence.

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17 November 2020 Newswire Topics: Hotels & Guest Houses , Pubs & Bars , Rental , Restaurants

Newswire - 10 November

Newswire - 10 November

This week in Newswire: Paul Davies appointed chief executive of Carlsberg Marston's Brewing Company following merger, buy-out funds dance around nightclub operator Deltic, David Campbell appointed group chief executive of PizzaExpres, The Inn Collection snaps up site in Lytham St Annes, England's only McDonald's-free county is no more, as a branch of the fast food chain has opened, Everards cancels £3m rents for its licensees, independents more resilient than chains, Marston's and EI Group cut rent by 90% for tied tenants and finally London's Connaught Bar has been voted the best bar in the world.

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10 November 2020 Newswire Topics: Hotels & Guest Houses , Leisure & Nightclubs , Pubs & Bars , Rental , Restaurants

Newswire - 3 November

Newswire - 3 November

This week in Newswire: Sales plummet by 48% in the third quarter, Grosvenor Estates innovate with Tenant support, hotel opening planning for 20% occupancy, hospitality is not the cause of Covid cases, Revolution Bars Ltd launch CVA, rent takes toll on Iberica Restaurant Group, Caffe Nero is considering CVA and finally CVA approved for Wahaca.

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03 November 2020 Newswire Topics: Hotels & Guest Houses , Pubs & Bars , Rental , Restaurants