Cardiff
Coverage explores foodservice and hospitality developments across the Welsh capital, with reporting focused on areas such as Cardiff Bay, the city centre, Canton, and Roath. Topics include restaurant and bar openings, independent growth, student and event-driven footfall, and investment trends. Insight is geared toward operators and suppliers monitoring trade dynamics in one of the UK’s most vibrant and fast-evolving regional markets.
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Feb- 2024 -19 FebruaryNews
Today’s news in brief – 19/02/24
A quarter of hospitality businesses have no cash reserves, according to a joint survey by UKH, the BBPA, BII and Hospitality Ulster, which also revealed that a further 29% have less than three months’ worth of funds. As a result, the rising costs experienced by businesses have left 64% not…
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19 FebruaryRestaurants
Chef Tom Waters to open Gorse in Pontcanna
Chef Tom Waters has announced plans to launch its pop-up restaurant Gorse to a permanent venue in Pontcanna, Cardiff. Over the last 18 months Waters has been bringing his Gorse to independent venues around the Welsh capital (including Ground Bakery in Pontcanna, Insole Court in Llandaff and Waterloo Tea in…
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Jan- 2024 -11 JanuaryPubs and Bars
Arc Inspirations reports ‘record’ sales for December 2023
Arc Inspirations, the operator of bar brands Banyan, BOX and Manahatta, has reported record sales for December 2023, as like-for-like sales increased by 19.9% compared with the same period last year. The news comes as like-for-like sales at BOX rose by 30%, 24% at Manahatta and 10% at Banyan, while…
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Nov- 2023 -30 NovemberNews
Today’s news in brief – 30/11/23
Mitchells and Butlers reported a drop in operating profits to £98m for the year ended 30 September due to weaker property valuations and increased costs, including higher wages. Sales, however, rose to £2.5bn, marking a 9.1% like-for-like growth. The group noted a 7.2% rise in like-for-like sales at the start…
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30 NovemberRestaurants
Pizza Punks appoints FRP to assist with 2024 expansion plans
Pizza Punks has appointed FRP Corporate Finance to assist the chain in raising capital, as it looks to speed up its expansion plans during 2024. The firm’s appointment comes as the pizza chain has spent the past six months consolidating after opening four new restaurants last year in Leicester, Nottingham,…
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21 NovemberNews
Today’s news in brief – 21/11/23
The NTIA warned that one-fifth of night-time businesses might collapse by January without government support. Over 70% are barely breaking even or running at a loss. Independent businesses make up over half, with 95% calling for a VAT cut and 78% urging an extension of pandemic-era business rates relief. Michael…
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21 NovemberRestaurants
Bodega and Ballers Pizza to open at Cardiff’s Lakeside
Two family-owned restaurants Bodega and Ballers Pizza are set to open their doors at Lakeside, Cardiff on 1 December. Situated side by side, both businesses are owned and operated by Sophie Pascoe and Benito Martinez; the couple who also operates The Priory hotel and restaurant in Caerleon. Bodega, seen within…
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6 NovemberNews
Today’s news in brief – 06/11/23
RBI, the parent company of Burger King, Popeyes and Tim Hortons, reported Q3 revenues of $1.83bn (£1.48bn), up from $1.72bn (£1.39bn), primarily driven by increases in system-wide sales in all of its segments. EBITDA for the group increased by 9.3% to $698m (£563m), while net income for the quarter was…
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6 NovemberRestaurants
Outpost Bar and Kitchen to open in Pontcanna’s Laundry Quarter
Outpost, a new Welsh independent bar and kitchen based in Pontcanna’s Laundry Quarter, is set to open its doors on Wednesday, 8 November. The man behind the new venture is Nick Saunders, founder of Cardiff’s Depot venue and Depot’s spin-off, the Tiger Yard street food venue in Cardiff Bay. He…
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1 NovemberNews
Various Eateries revenues surpass expectations in FY23
Various Eateries has announced that revenues for the year ended on 1 October were slightly higher than market expectations at £45.5m, largely driven by new site openings. Group like-for-like sales were “maintained” despite the challenging macroeconomic environment, train strikes, and unseasonably wet weather during the summer months. Group EBITDA is…
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