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Accor breaks €1b EBITDA mark with record full-year results for 2023

22 February 2024 by

Accor has reported €1b EBITDA for the first time in its history driven by “solid demand” in 2023.

News

Salt Bae restaurant reports 44% profit boost

20 February 2024 by

Profit before tax soared to £3.3m at Salt Bae’s Nusr-Et steakhouse in London’s Knightsbridge, accounts filed with Companies House have revealed.

Mixed fortunes for Donald Trump's Scottish hotels and golf resorts News

Mixed fortunes for Donald Trump's Scottish hotels and golf resorts

12 January 2024 by

A Scottish hotel and golf course owned by Donald Trump has made a profit for the[...]

Restaurant sector dealing with £3b in debt, research shows News

Restaurant sector dealing with £3b in debt, research shows

04 December 2023 by

The debt burden of the UK’s top 30 restaurant groups, including Loungers and Gordon Ramsay Restaurants,[...]

Whitbread reports ‘impressive’ H1 for Premier Inn News

Whitbread reports ‘impressive’ H1 for Premier Inn

18 October 2023 by

Premier Inn has revealed it has plans to grow its pipeline to 125,000 rooms across the[...]

D&D London set for 'imminent' £60m sale to new investors News

D&D London set for 'imminent' £60m sale to new investors

16 October 2023 by

Restaurant group D&D London is to be sold to two new investors in a deal that[...]

Wetherspoons returns to profit as like-for-like sales increase by 13% News

Wetherspoons returns to profit as like-for-like sales increase by 13%

06 October 2023

JD Wetherspoon has reported profit before tax of £42.6m having seen like-for-like sales rise 12.7% in the 12 months to July 2023.

Charlie McVeigh: Trend for experiential venues may not be as 'durable' as expected News

Charlie McVeigh: Trend for experiential venues may not be as 'durable' as expected

28 September 2023

Hospitality sector investor Charlie McVeigh has said the trend for experiential venues is “not going to be as durable” as expected.

Brighton Pier Group reports ‘lower than expected’ sales News

Brighton Pier Group reports ‘lower than expected’ sales

25 September 2023 by

Brighton Pier Group has announced a decline in total revenues due to “ongoing inflationary pressures” in[...]

Comptoir Group reports decline in profit amid 'challenge trading environment' News

Comptoir Group reports decline in profit amid 'challenge trading environment'

22 September 2023 by

Comptoir Group has reported that its profits have taken a hit from the macroeconomic pressures facing[...]

Viewpoint: What’s whetting investors’ appetites? In-Depth

Viewpoint: What’s whetting investors’ appetites?

24 August 2023 by

Tough times haven’t put all investors off businesses in the hospitality sector. Claire Madden explains what[...]

Compass Group reports strong third quarter News

Compass Group reports strong third quarter

25 July 2023 by

Compass Group has reported a strong third quarter with worldwide organic revenue growth of 15%.

Travelodge reports ‘record’ results for 2022 and an ‘encouraging’ start to 2023 News

Travelodge reports ‘record’ results for 2022 and an ‘encouraging’ start to 2023

15 May 2023

Budget hotel chain Travelodge has reported record financial results for 2022 and an “encouraging” start to 2023.

Wake-up call: It’s time to face up to Covid debt repayment Business

Wake-up call: It’s time to face up to Covid debt repayment

27 April 2023

Companies are repaying thousands of pounds a month, but there are avenues to smooth the path to being debt-free, says Dominic Dumville

Jacobs Media 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.

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