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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

Newswire - 27 October

Newswire - 27 October

This week in Newswire: Support for businesses in Tier Two enhanced, New support "won't touch the sides" in London, Bids in for Stonegate/Ei Group CMA package, Tier restrictions impact on trade levels, Business meetings "loophole", Polpo has been placed into administration, Hawthorn Leisure extend rent support to tenants, Government policies are destroying pubs and communities.

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27 October 2020 Newswire Topics: Agency , Hotels & Guest Houses , Leisure & Nightclubs , London , Pubs & Bars , Restaurants , Survey

Newswire - 20 October

Newswire - 20 October

This week in Newswire: JD Wetherspoon has reported full year numbers to 26 July 2020, Marston's Group sales for the year were £821 million, 30% below last year, Deltic Group appoints advisers, Boparan Restaurant Group acquires 35 GBK sites, Legendary Bredbury Hall for sale after administration, Premier Inns to develop 3 sites in National Parks, Whiting & Hammond placed into administration, Côte acquired in pre-pack for £55m, Marston & Carlsberg deal receives CMA approval, Star Pubs & Bars fines £2m by PCA, Greene King extend support to tied Tenats, Star Pubs & Bars increase rent concessions and finally the PCA has published 2 facts sheets for tied Tenants.

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20 October 2020 Newswire Topics: Hotels & Guest Houses , Leisure & Nightclubs , Pubs & Bars , Rental , Restaurants

Newswire - 13 October

Newswire - 13 October

This week in Newswire: Star Pubs & Bars extend rent concessions for Tenants in November, Deep Blue Restaurants - update, Greene King to close 79 pubs, Social Entertainment Ventures report to Sept 19, The Restaurant Group reports very encouraging' trading since re-opening, cinemas struggle, Hugh Osmond warns of Zombie basket cases and finally new restrictions hit hospitality sales.

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13 October 2020 Newswire Topics: Finance , Hotels & Guest Houses , Leisure & Nightclubs , Pubs & Bars , Rental , Restaurants

Newswire - 6 October

Newswire - 6 October

This week in Newswire: Recent local lockdowns increase people affected to 16.6m, Curfew drove sales down by 12.9%, 3 City Councils warn Government of damage being caused, Hancock - 10pm curfew is a 'necessary' measure, East Coast Concepts acquired out of administration for £520,000, Greene King close 11 of its 21 Loch Fyne restaurants permanently, staycation boom, Tasty has appointed advisers to assess its options, BrewDog joint venture with Red True BBQ on 5 sites, Star Pubs & Bars is to fund membership of the BII, Côte acquired by Partners Group in pre-pack administration and finally Robinsons increased investment in managed estate fuels growth.

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06 October 2020 Newswire Topics: Hotels & Guest Houses , Leeds , Liverpool , Manchester , Pubs & Bars , Restaurants

Newswire - 29 September

Newswire - 29 September

This week in Newswire: New government restrictions, Chancellors new support measures don't go far enough, the pick of the comments, Gusto secures approval for CVA, Stonegate (EI) extends tenant support package, Thai Leisure Group's CVA approved, Chilango acquired out of administration for £1m, Mitchells & Butlers report on sales.

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29 September 2020 Newswire Topics: Hotels & Guest Houses , Leisure & Nightclubs , Liverpool , Manchester , Pubs & Bars , Rental , Restaurants

Staycation Opportunities

Staycation Opportunities

The demand for Staycations in the UK continues to increase with the ongoing Covid-19 restrictions, as a result, the demand for leisure properties in tourist locations has continued to increase.

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29 September 2020 Industry updates Topics: Agency , Development & Alternative Use , For Sale , Hotels & Guest Houses