Revenue
Our coverage brings together critical reporting on revenue performance across the UK hospitality and foodservice sector. We cover everything from operator trading updates and income breakdowns to revenue drivers like pricing, footfall, menu engineering, and channel diversification. Whether you’re a multi-site pub group tracking seasonal income, a restaurant CFO analysing unit economics, or a catering firm monitoring year-on-year growth, our coverage offers sharp insights into how businesses are generating, and protecting, revenue in today’s market. Expect detailed financial reporting with practical relevance for commercial foodservice leaders.
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Nov- 2020 -4 NovemberTrade Associations
CAMRA welcomes easing of takeaway beer restrictions
Trade associations have welcomed the government’s plans to ease restrictions on the takeaway sale of beer and cider from restaurants during lockdown. According to new legislation, pre-ordered alcohol can be collected by customers as long as they do not enter the premises. Nik Antona, CAMRA’s national chairman, said: “I am…
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2 NovemberPubs and Bars
Brighton Pier Group revenue falls 29.4%
The Brighton Pier Group has reported a 29.4% decrease in revenue in its final financial results for this year to £22.6m. The group, which owns and operates Brighton Place Pier and 12 bars nationwide, said the prolonged closures due to lockdown resulted in “impairments to goodwill, property, plant and equipment…
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Oct- 2020 -26 OctoberRestaurants
Iberica closes two sites in CVA, 135 jobs saved
Iberica, the Spanish tapas restaurant and bar group owned and operated by Iberica Food and Culture Limited, has preserved 135 jobs after a successful CVA restructuring. The Iberica CVA was approved in late September, securing over 99% support from creditors, with every landlord among them voting in favour. Although Iberica’s…
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22 OctoberCoronavirus
Scotland extends Covid hospitality closures for extra week
First minister Nicola Sturgeon has announced that Covid-19 restrictions, which saw the closure of pubs and restaurants in Scotland’s central belt and a 6pm hospitality curfew elsewhere, are to be extended until 2 November. The Scottish government is set to publish a tiered system of restrictions tomorrow (23 October), similar…
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14 OctoberRestaurants
Comptoir Libanais reports £5m pre-tax loss
Comptoir Libanais has reported a pre-tax loss of £5m for the six month period ending 30 June, from a £547,685 loss over the same period last year. The group’s gross revenue dropped by 61% in the period to £6.1m, with Comptoir citing “Covid-19 related closures” as the reason behind the…
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7 OctoberTrade Associations
UKHospitality calls on government to end 10pm curfew
UKHospitality has called on the government to ‘‘rethink’’ the 10pm curfew on pubs and restaurants, which was brought into effect in September to curb the growing rate of Covid-19. A vote on the measure, which was expected to take place today (7 October), has been delayed and will possibly happen…
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5 OctoberComment
Unprofitable hotel kitchens cannot be sustained, but food delivery holds the answer
Nationwide lockdown is over, staycations are booming, and yet across the hotel industry, thousands of venues are struggling with low occupancy rates, particularly hotels in city centres, not to mention the considerable costs incurred as owners go to extreme lengths to make patrons feel safe during their stay. In an…
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Sep- 2020 -28 SeptemberRestaurants
Partners Group acquires Côte Restaurants
Côte Restaurants has been acquired by global private markets investment manager Partners Group. It comes as the group said that coronavirus has had a “huge impact” on the business, despite “trading well” before lockdown, with “record” sales and strong EBITDA growth in the last financial year. Partners Group said it…
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16 SeptemberBusiness
Loungers restarts roll-out after post-lockdown bounce
Loungers has announced it plans to restart its roll-out plans after a successful post-lockdown reopening of its sites, citing the results have ‘‘strengthened” its belief in the scalability. The hospitality operator revealed like-by-like sales increased by 30% over the past 10 weeks across both its Lounges and Cosy Club brands.…
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14 SeptemberTrade Associations
Thousands of pubs could be hit with £800m business rates bill
A business rates bill of £800m could be the ‘‘last straw’’ for pubs in the UK, according to The British Beer and Pub Association (BBPA). The trade association explained today (14 September) that should the specific relief from the government’s Business Rates Review end as planned in March 2021, pubs…
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