Hotel giant Marriott International has announced plans to acquire the Citizen M hotel chain as part of its expansion into the “affordable luxury” market. The deal, valued at $355 million,
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The hospitality industry in Britain faces a significant challenge as national insurance contributions are set to rise sharply. With a combined increase of £25 billion in employer national insurance contributions,
Tom Grogan the co-founder of Wingstop UK has ventured from humble beginnings in the West Midlands to becoming a millionaire through the successful launch of a popular fried chicken franchise.
The chief executive of Sofitel and its sister brands, Maud Bailly, brings an unexpected dynamism to luxury hospitality, shaped by her diverse career path through French public service and railway
A shocking theft of 35,000 pints of Guinness has intensified the nationwide shortage of the beloved Irish stout, causing significant disruption to the UK hospitality sector during its most crucial
British pubs are closing their doors at an alarming rate of 34 establishments monthly, marking the most severe decline since the pandemic era. Recent analysis from real estate adviser Altus
The traditional British pub sector has reached a concerning milestone as the total number of establishments in England and Wales dropped below 39,000 for the first time in recorded history.
The British nightclub industry faces an unprecedented crisis as venues continue to shutter their doors across the nation. Recent data reveals a staggering decline from 1,700 nightclubs in 2013 to
Diageo’s iconic stout brand Guinness is facing unprecedented supply challenges in the UK market, prompting the company to tap into its Irish security stocks. The strategic move comes as British
Several prestigious London restaurants, including Harrods and The Savoy Grill, are confronting potential legal challenges over their contentious cover charge practices. The dispute centres on mandatory cover charges that are
British dining heavyweight Pizza Express has unveiled its ambitious entry into the American market, announcing plans to establish its inaugural US restaurant in Florida. The strategic move marks a crucial
The world’s largest real estate investor, Blackstone, has deployed over half a billion euros into southern European hospitality assets during the past year, capitalising on the flourishing post-pandemic travel sector.
British hospitality businesses are entering survival mode following a staggering £3 billion surge in tax and wage costs imposed by last week’s budget, industry leaders have warned. The severity of
A controversial gig economy platform has come under intense scrutiny for allegedly encouraging hospitality businesses to circumvent the UK’s newly implemented fair tipping legislation and upcoming zero-hours contract regulations through
The chief executive of Barclays, CS Venkatakrishnan, has mounted a strong defence of Rachel Reeves’ tax-raising Budget, claiming the UK chancellor delivered an “admirable job” of harmonising spending, borrowing and
If Rachel Reeves’s budget, released this week, raises taxes on businesses and eliminates a Covid-era tax break for business rates and pubs and restaurants face closures or a difficult Christmas.
