Latest Hospitality News
7/28/2010 3:08:23 AM
Businesses' energy bills could rise by 26% in the next decade owing to policies to cut emissions in the UK, according to reports published by the Department of Energy and Climate Change.

The estimates came as Energ... >> more

7/26/2010 11:42:49 AM
The latest figures from the Index of Services (IoS), published on Friday showed that output from hotels and restaurants increased 0.8% in May compared with May 2009.

The largest contribution to the increase was re... >> more
7/28/2010 10:40:16 AM
Higher license fees, tougher restrictions on the use of temporary event notices, late night levy to pay for police and giving residents even more powers to object to licences will all also form part of the Government’... >> more

7/26/2010 10:39:20 AM
The proportion of school children who drink alcohol is on the decline according a new report

The study, published by the NHS Information Centre for health and social care, surveyed children aged between 11 and 15 i... >> more
7/28/2010 3:07:58 AM
Hoteliers in London have posted stable figures for the first half of the year indicating that their recovery is well under way, but while occupancy in the regions has begun to look stronger, room rate and rooms yield ... >> more

7/27/2010 2:12:51 AM
Room rates in London have surged through their previous peak of June 2008 as profitability at hotels in the UK capital soars, according to the latest HotStats survey from TRI Hospitality Consulting.

A year-on-year ... >> more
7/30/2010 3:01:40 AM
The City of London Corporation's planning committee has approved a new £250m hotel at Puddle Dock on the banks of the Thames.

The redevelopment of No 2 Puddle Dock and Mermaid house will see the demolition of the e... >> more

7/29/2010 11:25:18 AM
Mandarin Oriental International Ltd announced its H1 results ending 30 June this morning.

It said that occupancy in the Group's hotels benefited from increased demand in the first half of 2010. The strongest perf... >> more

7/29/2010 2:54:18 AM
Choice Hotels International, Inc., yesterday reported its figures for the second quarter 2010, EBITDA was $45.7 million for the three months ended June 30, 2010, compared to $42.0 million for the same period of 2009.... >> more

7/29/2010 2:53:26 AM
Wyndham Worldwide reported its Q2 earnings exceeded expectations and it announced it will increase its share repurchase by $300m.

Second quarter 2010 diluted earnings per share (EPS) was $0.51, compared with Compa... >> more

7/28/2010 3:02:30 AM
The Barclay brothers have raised around £335m by selling their shareholding in InterContinental Hotels yesterday.

The brothers' Ellerman Corporation sold its entire 10% stake - 29.9m shares - at £11.20 each in a pl... >> more
7/30/2010 3:00:41 AM
The leasehold interest of the Walkabout Bar in Portsmouth, is being marketed by Christie + Co acting on the instructions of BDO Stoy Hayward LLP, Joint Administrators of Regents Inns PLC, with offers in the region of ... >> more

7/29/2010 2:56:51 AM
Be At One, the London cocktail bar chain operator, have opened their 10th site in Shoreditch.

The new site is situated on Old Street and will be the largest site in the Be At One estate with a capacity of 300 peopl... >> more

7/29/2010 2:54:57 AM
Luminar has attracted the interest of at least two private equity groups according to a report in the Times.

The group has been hit by a sharp deterioration in trade, with LFLs declines of 25% during the World Cup.... >> more

7/28/2010 3:06:55 AM
The Living Room's 13 restaurant and bars are getting a new look as the brand refurbishes its sites in a move to position itself above its rivals on the high street.

The new look is designed to retain The Living Roo... >> more

7/28/2010 3:06:08 AM
JD Wetherspoon has bought the freehold of the Corn Exchange bar and nightclub in Camborne, Cornwall from the administrators Alistair Wardell and Nigel Morrison of Grant Thornton UK LLP, Joint Administrators of L2 Limi... >> more
7/30/2010 3:02:39 AM
A Peterborough city centre restaurant, Praise, devastated by an arson attack in October last year is set to re-open as a Jimmy Spice’s on October 15th, after the company took over the lease.

The company plan to pum... >> more

7/29/2010 1:52:44 PM
Clapham House issued a statement this lunchtime regarding a possible offer for the company.

The company said "The Board of Clapham House notes the recent movement in the Company's share price and confirms that it h... >> more

7/29/2010 9:41:52 AM
Carlson today announced that it has acquired the remaining 60% stake in the T.G.I. Friday's UK Holdings LTD from AAC Capital Partners for $50 million.

The acquisition is part of Carlson's strategy to invest more th... >> more

7/29/2010 2:51:32 AM
The US hospitality compamy The One Group will be opening it's first site in 2011 at the Hippodrome Casino.

The 24-hour property will boast a casino, terrace, restaurant, multiple bars and a Cabaret, among which Th... >> more

7/29/2010 2:48:02 AM
Marija Simovic, CEO of Harry Ramsden's is the latest hospitality boss to go undercover, after David Clarke of Best Western, in the Channel 4 series Undercover Boss.

Simovic, who is the CEO at Harry Ramsden's fish a... >> more
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