Disposable Income
Reporting on how changes in consumer spending power are influencing footfall, pricing strategy, and menu engineering across UK restaurants, pubs, cafes, and catering operations. This section explores the impact of inflation, interest rates, and household budgets on dining habits, helping operators anticipate shifts in demand, adapt promotional strategies, and plan for trading conditions shaped by fluctuations in economic confidence and discretionary spend.
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Nov- 2024 -21 NovemberNews
Roseacre Pub Company acquires 10th site with new Star Pubs lease
Midlands-based Roseacre Pub Company has taken its seventh pub with Star Pubs, increasing its estate to 10 sites, with plans to expand further.ย Roseacre Pub Company and Star Pubs are now undertaking a joint ยฃ350,000 refurbishment of The Roseycombe in Binley Woods near Coventry prior to reopening the pub in…
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8 NovemberNews
Blind Tiger Inns invests in 20th pub alongside Star Pubs
North West pub company Blind Tiger Inns has acquired its 20th pub, The Stanley Arms, with Star Pubs, increasing its estate to 22 sites. Star and Blind Tiger are now carrying out a joint ยฃ150,000 refurbishment of the pub on Lancaster Road in the centre of Preston before reopening it…
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Jul- 2024 -31 JulyRestaurants
Turtle Bay FY sales hit โrecordโ ยฃ93.7m
Caribbean-themed restaurant chain, Turtle Bay, has reported a sales rise of 6.1% to a record high of ยฃ93.7m for the 52-week period to 31 March.ย According to the group, it managed to bounce back โquicker and strongerโ following the pandemic and experienced โindustry-leadingโ like-for-like growth in its estates with further…
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Jun- 2024 -10 JunePubs and Bars
St Austell Brewery FY23 revenues rise 10% to ยฃ229.5m
St Austell Brewery, which owns over 160 pubs, inns and hotels across the West Country, has reported another โrecordโ year where total revenues rose 10% to ยฃ229.5m for the year to 31 December 2023.ย ย This comes as the groupโs total operating profits for the financial period reached ยฃ13.2m, showing a…
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May- 2024 -10 MayTrade Associations
Over 70% of venues to invest in refurbs despite rising costs
Some 71% of hospitality operators are set to invest in venue refurbishments in the next year, a new survey from trade organisations has revealed. Despite cost pressures, 95% of operators are planning to invest in customer service, 92% in staff training, all up significantly on last quarter. The survey was…
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Mar- 2024 -26 MarchPubs and Bars
Nearly 75% of consumers visited a pub or bar over Christmas
Nearly three quarters (73%) of consumers visited a licensed venue over the festive season, according to data from CGA. However, the number of people going out fell by five percentage points year-on-year, as high inflation put pressure on spending. Nearly all (97%) consumers told CGA they had been affected by…
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Feb- 2024 -21 FebruaryPubs and Bars
Drinks sales back in modest growth after tough January
Drinks sales in the UK rose 1% for the week ended 10 February compared with the same period last year, according to data from CGA. Trading last week was boosted by stable weather and the Six Nations rugby tournament. This follows four successive weeks of negative numbers, thanks to a…
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Jan- 2024 -29 JanuaryFeatures
Franchises in and mid-market out: The year ahead for the restaurant industry
The last year has been a difficult one for the restaurant industry. While the pandemic was tough for a lot of businesses, many managed to hold on to dear life only to go out of business in the years after. This has meant that the market for buying restaurants and…
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15 JanuaryFeatures
Why are insolvencies more likely to affect the hospitality sector?
According to PwCโs outlook for 2024, there will be a significant rise in corporate insolvencies in 2024, just shy of 30,000 with smaller businesses accounting for the lionโs share. However, it further added that industries most impacted are likely to be hotels and catering, along with manufacturing, and transport and…
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Dec- 2023 -8 DecemberBusiness
Hospitality to benefit from ยฃ7.4bn spending boost this Xmas
Brits are planning to spend up to ยฃ200 on festive outings throughout the season, amounting to an estimated ยฃ7.4bn splurge on Christmas parties nationwide this year, according to research from Double Dutch and OnePoll. According to the survey of 2,000 UK adults, the increased spending provides a welcome boost to…
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