Pubs and Bars
The latest news and updates on pubs and bars, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
-
Jun- 2024 -24 June
Stonegate revenues hit £916m in H1
Stonegate group’s revenues reached £916m in the 28 weeks ended 7 April 2024. Adjusted H1 EBITDA for the group was up 7.7% to £196m, compared to £182m for the same period in 2023, with a particularly strong performance from L&T and operator-led businesses. During the period, the leased and tenanted…
Read More » -
24 June
Red Engine opens Electric Shuffle Manchester
Red Engine has opened the doors to its latest Electric Shuffle venue in Manchester’s Deansgate. Electric Shuffle Manchester is the second bar from Red Engine to hit the city, following the opening of Flight Club back in 2018. The latest launch from Red Engine creates 75 new job opportunities in…
Read More » -
24 June
Young’s Pubs profits and revenues surge
Young’s Pubs has revealed its profit-before-tax has increased 9.3% to £49.4m as its revenues increased 7.4% to £388.8m on a comparable 52-week basis and 3.4% on a like-for-like basis in 2023. The pub group’s adjusted EBITDA also increased 7.8% to £92.2m and its managed house adjusted EBITDA for the period…
Read More » -
21 June
Be At One Nottingham to reopen following £350k refurb
Cocktail bar Be At One Nottingham is set to reopen on 5 July 2024 following an extensive £350,000 refurbishment. Closed since 10 June 2024, Be At One Nottingham which offers ice-throwing, light swinging, and napkin-tossing antics — will feature a ‘chef’s table’ style bar, a selfie booth, an infinity mirror…
Read More » -
20 June
Hydes invests £1m in beer garden renovations for summer
Hydes has announced that its beer gardens, patios and terraces have undergone renovations adding up to £1m across its pub estate. As part of its ongoing pub refurbishment programme, which has seen over £10m get invested back into the Hydes pub estate since 2022, the family-owned business has enhanced many…
Read More » -
19 June
Hospitality groups report 3.6% growth in May
Hospitality groups across Britain achieved year-on-year sales growth of 3.6% in May 2024, despite “disappointing” weather and the ongoing effects of inflation, the CGA has reported. According to the latest CGA RSM Hospitality Business Tracker, this marks a “quick return to growth” after a 1.7% drop in trading in April, which…
Read More » -
17 June
Red Engine signs new franchise partnership with Loyola Group
Flight Club operator Red Engine has announced it has signed a new franchise partnership with Loyola Group. Loyola Group is the operator of multiple hospitality establishments across Ireland and Portugal and the partnership is backed by the Irish entrepreneur, Barry McGrath. This partnership will introduce Flight Club to Ireland, beginning…
Read More » -
17 June
Pub closures spike 56% in Q1
The number of pubs across England and Wales closing for good saw a sharp 56% increase in the first three months of the year to 80 a month, according to analysis of official government data by Altus Group. This is a rise from the 51 pubs a month closing during…
Read More » -
14 June
Radio unveils new design ahead of ME London reopening
Rooftop bar Radio has unveiled a “striking” new design refresh ahead of its reopening at five-star hotel ME London on Friday 28 June. The 200-seat rooftop venue, which was designed by international restaurant designer, Bernard Caroll, benefits from “classic and contemporary” luxury with Eastern-inspired detailing that create an environment that…
Read More » -
13 June
CGA names Brunning and Price as UK’s top pub operator
Brunning and Price, part of the restaurant group, has been named the UK’s top pub operator for a second consecutive year by CGA’s outlet index survey. Other operators in the top five include St Austell Brewery, Hydes Anvil, Youngs and Everards. Brunning and Price also tops the rankings when measured…
Read More »
