Catering & Hospitality News
The Coaching Inn Group has reported a three-fold increase in revenue at the Kings Head in Richmond, North Yorkshire following a £1m investment and refurbishment.
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A director of London-based pub firm Fuller's Inns is set to be the speaker at industry networking association Arena's next event, to be held in September.
Revolution Bars Group, the operator of 62 outlets, achieved an increase in like-for-like sales of 2.3% for the year to 30 June 2016, according to a trading update.
A later half-term holiday increased overall like-for-like sales across the UK’s managed pubs and groups by 1.8% last month, according to the CGA Business Tracker.
Former Soho House Group commercial director Chris Miller has launched a new restaurant investment and advisory service called White Rabbit Fund.
The Seafood Pub Company has received an £18m investment from private equity firm Penta Capital in return for a majority stake in the North West-based gastropub business.
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Pub closure rates are slowing, according to figures published by the Campaign for Real Ale (CAMRA), with the net number of pubs closing per week falling from 27 to 21 in the last six months.
Tim Martin, chairman of pub company JD Wetherspoon has warned that the "irresponsible doom-mongering" by some politicians and economists ahead of the EU referendum may lead to a slowdown in the economy, as his firm unveiled a 4% increase in like-for-like sales for the 11 weeks to 10 July.