Search
The Caterer

Ultimate Leisure confirms switch to Premium Bars and Restaurants

29 November 2007 by
Ultimate Leisure confirms switch to Premium Bars and Restaurants

Ultimate Leisure will formally change its name to Premium Bars and Restaurants from 7 December after shareholders voted in favour of the switch at yesterday's Annual General Meeting.

The change reflects the acquisition spree the operator has embarked on over the year as it moves away from its core nightclub business into premium casual dining and gastro-pub offerings.

This year Ultimate has acquired Bel and The Dragon from Gourmet Holdings and The Living Room chain for £8.75m and £28m respectively.

As a result, over the past 21 weeks total group sales were 93% higher than a year ago, chairman Mark Jones said.

2008 will see the operator expand its Living Room estate with one site signed and two others with agreed heads of terms.

By Chris Druce

E-mail your comments to Chris Druce](mailto:chris.druce@rbi.co.uk?subject=Ultimate Leisure confirms switch to Premium Bars) here.

[The Caterer Blog](http://www.caterersearch.com/blogs/catering-news-blog/) Catch up with more news and gossip on the Caterer Blog here
[Newswire For the latest hospitality news, sign up for our e-mail news alerts.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.