Search Results for: Covid
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Aug- 2022 -5 AugustBusiness
Hospitality leaders’ confidence falls to 23% in Q2
Only 23% of hospitality leaders are now confident about the next 12 months for the general market, according to a…
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4 AugustPubs and Bars
Nightcap revenues jump 55.1% to £35.9m in FY22
Nightcap has reported its group revenues surged 55.1% year-on-year from £6m to £35.9m on a combined group of companies basis…
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3 AugustComment
How the Hospitality Industry can combat the insolvency crisis
After a report from UHY Hacker Young showed that UK restaurant insolvencies have jumped 64% from 856 in 2020/21 to…
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2 AugustPubs and Bars
Revolution Bars sees ‘strong’ LFL sales
Revolution Bars Group plc, has reported its full year like-for-like (LFL) sales increased 1.3% in the year ended 2 July…
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Jul- 2022 -27 JulyRestaurants
Two-thirds of hospitality business feel abandoned by government
Almost two-thirds of hospitality businesses feel abandoned by the government, according to new research from Peckwater Brands. The virtual brand…
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26 JulyFood and Drink
Compass Group raises forecast amid post-pandemic recovery
The Compass Group has increased its FY22 organic revenue growth guidance from 30% to 35%, due to a “significant acceleration”…
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25 JulyNews
UK restaurant insolvencies surge 64%
UK restaurant insolvencies have jumped 64% year-on-year from 856 in 2020/21 to 1,406, as rising inflation, decreased consumer spending and…
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22 JulyPubs and Bars
Mitchells & Butlers sales slow amid inflationary pressures
Mitchells and Butlers has reported that like-for-like sales have fallen 0.9% in the 42 weeks ended 16 July 2022 (Q3),…
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20 JulyBeverages
Follow Leisure acquires Belfast café chain District
Multi-venue hospitality operator, Follow Leisure, has revealed its acquisition of Belfast-based specialist coffee chain, District for an undisclosed figure. District…
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20 JulyPubs and Bars
Hospitality sales rise 5% in June, but inflation ‘bites’
Britain’s managed restaurant, pub and bar groups saw like-for-like sales in June rise 5% above pre-Covid levels in June 2019,…
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