Surrey is still the homeliest home county July 1, 2010 IF you are looking for a family home, Surrey is a good place to start. Unlike some of the suburbs closer to London, Surrey has villages with character and history, fine pubs and some wonderful schools. Many of Surrey’s best spots also have a direct connection to Waterloo, an easy hop from the City. The [...]
Premier Inn gives a boost to Whitbread June 22, 2010 A RISE in bookings and higher room charges at Premier Inn helped first-quarter sales at owner Whitbread grow 7.6 per cent year-on-year. The group, which also owns Costa Coffee and the Beefeater and Brewers Fayre pub-restaurant chains, said comparable sales at Premier Inn were up 10.5 per cent in the 13 weeks to 3 June. [...]
Premier Inn gives a boost to Whitbread June 22, 2010 A RISE in bookings and higher room charges at Premier Inn helped first-quarter sales at owner Whitbread grow 7.6 per cent year-on-year. The group, which also owns Costa Coffee and the Beefeater and Brewers Fayre pub-restaurant chains, said comparable sales at Premier Inn were up 10.5 per cent in the 13 weeks to 3 June. [...]
JD Wetherspoon urges caution as sales drop May 5, 2010 PUBS group JD Wetherspoon is feeling the sobering effects of lower consumer spending and tax and duty rises with sales growth slowing in recent months. Same outlet sales for the 13 weeks to 25 April slipped 0.8 per cent. This was much steeper than the 0.2% decline recorded over the nine month period. Meanwhile total [...]
Enterprise seals loans deal May 11, 2010 Pubs group Enterprise Inns has refinanced with £625m of loans. Chief executive Ted Tuppen said: “While we’re not there yet, these are strong signs that stability is approaching. Tuppen said the refinancing showed that Enterprise’s £3.3bn debt pile was under control: “We were confident that we would get it done. “Some people thought we would [...]
Managers buy out Searcys June 21, 2010 SEARCYS, the operator of the restaurant at the top of the iconic Gherkin tower, has been bought out by its management team in a deal valuing the business at around £8m. The deal will see the upmarket restaurant group return to private ownership three years after it was bought by Alternative Hotel Group (AHG), the [...]
Managers buy out Searcys June 21, 2010 SEARCYS, the operator of the restaurant at the top of the iconic Gherkin tower, has been bought out by its management team in a deal valuing the business at around £8m. The deal will see the upmarket restaurant group return to private ownership three years after it was bought by Alternative Hotel Group (AHG), the [...]
Marston’s sales benefit from appetite for food April 7, 2010 PUB group Marston’s saw first half revenues rise after being boosted by strong food sales. The company, which has 2,200 pubs across Britain, said sales at its managed pubs open for more than a year were up 1.4 per cent in the 26 weeks to 3 April. During the half year, food sales were up [...]
Marston’s sales up after food boost April 7, 2010 PUB group Marston’s saw first half revenues rise after being fuelled by strong food sales. The company, which has over 2,200 pubs across Britain, said sales at its managed pubs open for more than a year were up 1.4 per cent in the 26 weeks to 3 April. During the half year, food sales were [...]
Greene King bullish for 2010 as food sales give it a boost April 28, 2010 PUB group Greene King said yesterday it was confident of meeting its full-year profit forecasts, boosted by strong sales of food, although it remains cautious on the outlook for consumer spending. The company, which has around 2,500 pubs in England and Scotland, said in a trading update that retail like-for-like sales were up 3.6 per [...]