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Wednesday 30th November 2016
Thai restaurant company undergoes management buyout with PE backing
Thai restaurant company undergoes management buyout with PE backing: An award-winning Thai restaurant group has been acquired by its management team with the backing of private equity investor Alcuin Capital Partners. Poole-headquartered Koh G … view
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Wednesday 30th November 2016
Foodservice operators face 2% spike in supply prices
Foodservice operators face 2% spike in supply prices: Foodservice operators and caterers are on the front line of rising inflation, supply chain expert Prestige Purchasing has warned. While the latest Consumer Price Index (CPI) figures in … view
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Wednesday 30th November 2016
Update: Greene King results, Intertain and Revolution Bars
Greene King reports record results: Greene King has reported record sales of £1,044.3m in the 24 weeks to 16 October 2016, a rise of 13.8% year-on-year. Operating profit before exceptional items was £203.7m, with all divisions in profit … view
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Wednesday 30th November 2016
Propel Wednesday News Briefing
Whitbread boss – we see phenomenal potential for Premier Inn and Costa Coffee beyond 2020: Whitbread chief executive Alison Brittain has said both Premier Inn and Costa Coffee are on track to hit their 2020 milestone targets, adding that she … view
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Tuesday 29th November 2016
Shepherd Neame buys Village Greene Restaurants for £11.85m
Shepherd Neame buys Village Greene Restaurants for £11.85m: Shepherd Neame, the Kent-based brewer, pub and hotel operator, has bought Village Green Restaurants Limited from Alex and Helen Bensley for a total consideration of £11.85m. Village … view
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Tuesday 29th November 2016
Tim Martin – ‘undemocratic nations such as the EU end up creating economic mayhem’
Tim Martin – ‘undemocratic nations such as the EU end up creating economic mayhem’: JD Wetherspoon chairman Tim Martin has argued the evidence of history is that undemocratic nations, such as the EU, end up creating “economic mayhem” … view
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Tuesday 29th November 2016
Results: Patisserie Valerie, SSP, Easyhotel and Shaftesbury
Patisserie Valerie reports tenth consecutive year of sales and profit growth: Patisserie Valerie has reported its tenth consecutive year of revenue and profit growth with sales up 13.3% to £104.1m (2015: £91.9m) in the 12 months to 30 S … view
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Tuesday 29th November 2016
Propel Tuesday News Briefing
Crieff Hydro reports steady performance as Peebles revival plan kicks in: Scottish independent hospitality company Crieff Hydro has reported a steady performance as its Peebles revival plan kicks in. A strong performance in Crieff, combin … view
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Monday 28th November 2016
Propel Monday News Briefing
BHA – overseas leisure tourist numbers fall by almost 400,000: The number of leisure tourists coming to the UK fell by almost 400,000 in the first nine months of 2016 compared with last year, according to the first British Hospitality Associ … view
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Friday 25th November 2016
Friday Opinion
Subjects: Accommodation in pubs, northern soul and think smart 
Authors: Glynn Davis, James Hacon and Ian Dunstall

Accommodation in pubs by Glynn Davis

Until relatively recently the most … view
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Friday 25th November 2016
Propel Friday News Briefing
Domino’s Pizza chief – there is a long runway of growth ahead for our UK business: Domino’s Pizza Group chief executive David Wild said there is a long runway of growth ahead for its UK business. The company, which has 965 stores in … view
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Thursday 24th November 2016
Five major casual dining brands join ALMR
Five major casual dining brands join ALMR: Five major casual dining brands have joined the Association of Licensed Multiple Retailers (ALMR) to cement its position as the key trade body for pub, bar, restaurant, and casual dining multi-site op … view
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Thursday 24th November 2016
Will Beckett becomes Rockfish chairman, food critic Giles Coren named as investor
Will Beckett becomes Rockfish chairman, food critic Giles Coren named as investor: Rockfish, the seafood restaurant group founded and run by restaurateurs Mitch Tonks and Mat Prowse, has appointed Will Beckett, the co-founder and chief executi … view
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Thursday 24th November 2016
Marston’s reports turnover and profit boost, Domino’s increases estate targets
Marston’s reports turnover and profit boost: Marston’s has reported sales up 7% to £905.8m in the 52 weeks to 1 October 2016. Profit before tax rose 7% to £98m. Average profit per pub was up 8% in 2016, and up around 50% since 2012. A to … view
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Thursday 24th November 2016
Propel Thursday News Briefing
Numis Securities – aligning the timetable for the NLW and other wages is in effect enforcing a double increase for half the sector’s workforce: Numis Securities leisure analyst Tim Barrett has said aligning the timetable for the Natio … view
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Wednesday 23rd November 2016
Greene King launches Black Friday cross-brand discount offer
Greene King launches Black Friday cross-brand discount offer: Greene King, the UK’s pub retailer and brewer, has today launched an innovative cross-brand digital promotion to its customers to celebrate this year’s Black Friday event, … view
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Wednesday 23rd November 2016
Propel Wednesday News Briefing
Greene King Leisure Tracker – eating and drinking out drives leisure spend increase in October: Eating and drinking out drove an increase in leisure spend during October as households took advantage of half-term, according to the latest … view
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Wednesday 23rd November 2016
Greene King Leisure Tracker – eating and drinking out drives leisure spend increase in October
Greene King Leisure Tracker – eating and drinking out drives leisure spend increase in October: Eating and drinking out drove an increase in leisure spend during October as households took advantage of half-term, according to the latest Gree … view
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Tuesday 22nd November 2016
SA Brain unveils Cardiff brewery site redevelopment plans
SA Brain unveils Cardiff brewery site redevelopment plans: Welsh brewer and hospitality retailer SA Brain has unveiled plans for the proposed redevelopment of its Cardiff brewery site. At more than three million square feet, Central Quay will … view
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Tuesday 22nd November 2016
M&B to launch new chicken concept, Tim Martin on 'killer taxes'
Mitchells & Butlers to launch new casual dining concept Chicken Society next month: Mitchells & Butlers is to launch a new fast-casual chicken and duck concept called Chicken Society in Finchley, north London, next month. Chief executive … view
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Tuesday 22nd November 2016
M&B returns to like-for-like growth, accelerates estate investment
M&B returns to like-for-like growth, accelerates estate investment: Mitchells & Butlers has reported like-for-like sales down 0.8% in the year to 24 September but with improving trends – the first eight weeks of the current financial ye … view
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Tuesday 22nd November 2016
Propel Tuesday News Briefing
Seedrs reports food and beverage largest sector for deals: Crowdfunding platform Seedrs, which is the largest platform in the UK by certain measures, has reported food and beverage deals have accounted for more than one in ten of its 375 … view
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Monday 21st November 2016
Fabric to reopen with new policy banning 18-year-olds
Fabric to reopen with new policy banning 18-year-olds: London nightclub Fabric will reopen – but 18-year-olds will be banned. The Farringdon club has agreed comprehensive new operating procedures with Islington Council, having had its licenc … view
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Monday 21st November 2016
Propel Monday News Briefing

Busaba Eathai reports turnover and Ebitda boost: Busaba Eathai, the Thai chain founded by Alan Yau and led by chief executive Jason Myers, has reported a turnover and Ebitda boost. The company, which has 17 site … view

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Friday 18th November 2016
Friday Opinion
Subjects: Public health utopianism and ‘health’ as a licensing objective, the age of dining on demand, breakfast is for everyone, and decentralisation and diversification 
Authors: Paul Chase, Glynn Davis, Ann Elliott an … view
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Friday 18th November 2016
Fuller’s places circa 10% of tenanted estate on market, slams business rates revaluation
Fuller’s places circa 10% of tenanted estate on market, slams business rates revaluation: London brewer and retailer Fuller’s is to sell 18 of its 196 tenanted pubs as it places a greater emphasis on high quality fresh food within the divi … view
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Friday 18th November 2016
Fuller’s boss – ‘there are changing times head’
Fuller’s boss – ‘there are changing times head’: Fuller’s chief executive Simon Emeny has warned of “changing times” ahead with the impact of the National Living Wage, business rate revaluation and Brexit. His comment came as the … view
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Friday 18th November 2016
Propel Friday News Briefing
Multi-site operators scoop six accolades at Star Pubs & Bars awards: Multi-site operators scooped six accolades at Star Pubs & Bars’ 2016 Star Awards. Flying Pig & Lobster, the pub operator set up by Revolution vodka bar founders Roy El … view
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Friday 18th November 2016
Multi-site operators scoop six accolades at Star Pubs & Bars awards
Multi-site operators scoop six accolades at Star Pubs & Bars awards: Multi-site operators scooped six accolades at Star Pubs & Bars’ 2016 Star Awards. Flying Pig & Lobster, the pub operator set up by Revolution vodka bar founders Roy Ellis a … view
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Thursday 17th November 2016
VAT Campaign writes to MPs to stress VAT reduction benefits
VAT Campaign writes to MPs to stress VAT reduction benefits: The VAT Campaign, aiming to reduce the level of VAT in pubs and restaurants, says that the decision to leave the European Union could have a positive effect on its campaign. It has o … view
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Thursday 17th November 2016
Propel Thursday News Briefing
Restaurant and pub like-for-like sales slip by 1% in October thanks to Rugby World Cup hangover: Managed pub and restaurant groups saw sales slip in October, with collective like-for-like sales down 1.0% on the same month last year, accor … view
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Thursday 17th November 2016
Restaurant and pub like-for-like sales slip by 1% in October thanks to Rugby World Cup hangover
Restaurant and pub like-for-like sales slip by 1% in October thanks to Rugby World Cup hangover: Managed pub and restaurant groups saw sales slip in October, with collective like-for-like sales down 1.0% on the same month last year, according … view
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Wednesday 16th November 2016
Branded foodservice outlets taking chunks of market share from independents
Branded foodservice outlets taking chunks of market share from independents, particularly in pub sector: Branded foodservice outlets are taking chunks of market share from their independent competitors, particularly in the pub sector, accordin … view
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Wednesday 16th November 2016
Rooney Anand named Lloyds Business Awards Leader of the Year
Rooney Anand named Lloyds Business Awards Leader of the Year: Greene King chief executive Rooney Anand has been named The Ashridge Executive Education Leader of the Year at the 2016 Lloyds Bank National Business Awards held at the Grosven … view
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Wednesday 16th November 2016
Propel Wednesday News Briefing
Cairn Group adds five sites in £75m deal: A north east-based leisure group has acquired five hotels against a list price of £75m – a move set to significantly expand the company’s reach across the UK. Newcastle-based hotel and bar o … view
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Tuesday 15th November 2016
Enterprise reports successful ‘strategy delivery and financial performance’ in latest year
Enterprise reports successful ‘strategy delivery and financial performance’ in latest year: Enterprise Inns, the largest pub owner in the UK, has reported a ‘successful year of financial performance and strategy delivery for the yea … view
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Tuesday 15th November 2016
Propel Tuesday News Briefing
Minimum pricing to impact at least half of alcohol sales in Scotland: At least 50% of alcohol sold in Scotland fails to meet the impending minimum price legislation, according to new research. Spirits will suffer the biggest impact as 69% … view
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Monday 14th November 2016
Propel Monday News Briefing
Restaurants, bars and hotels spearhead strongest consumer spending growth in six months: Consumer spending increased 2.5% year-on-year in October, spearheaded by a 9% rise in spending in restaurants, bars and hotels, according to the latest da … view
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Monday 14th November 2016
Restaurants, bars and hotels spearhead strongest consumer spending growth in six months
Restaurants, bars and hotels spearhead strongest consumer spending growth in six months: Consumer spending increased 2.5% year-on-year in October, spearheaded by a 9% rise in spending in restaurants, bars and hotels, according to the latest da … view
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Friday 11th November 2016
Everards step closer to £150m brewery redevelopment, prisoner hospitality training scheme sees significant cut in reoffending
Everards gets step closer to £150m redevelopment of brewery site: Leicestershire-based brewer and retailer Everards, led by Stephen Gould, has had plans to redevelop its brewery site into a £150m expansion of Fosse Shopping Park approved by … view
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Friday 11th November 2016
Friday Opinion
Subjects: English fizz is rising to the top, foodservice needs to up its game, and ten emotional moments of truth
Authors: Glynn Davis, David Martin, Chris Edger and Tony Hughes

English fizz is ris … view

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Friday 11th November 2016
Propel Friday News Briefing
Almost 40% of Scottish hospitality venues see decline in sales as trade bosses warn hundreds of outlets face closure without radical business rates change: Nearly 40% of Scottish pubs, clubs, restaurants and hotels have a seen a decline i … view
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Friday 11th November 2016
Research reveals key trends set to impact food and drink market in 2017
Research reveals key trends set to impact food and drink market in 2017: Operators have opportunities to provide customers with more functional food and drink designed for evening consumption and affordable healthy food for low-income con … view
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Thursday 10th November 2016
Young’s boss slams ‘ludicrous’ £5m business rates increase
Young’s boss slams ‘ludicrous’ £5m business rates increase: Young’s chief executive Patrick Dardis has criticised a “ludicrous” £5m increase in the company’s business rates bill, a 45% increase on existing levels. The comp … view
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Thursday 10th November 2016
Young’s reports managed division like-for-likes up 5.4% in First Half
Young’s reports managed division like-for-likes up 5.4% in First Half: London pub retailer Young’s has reported managed pub like-for-like growth of 5.4% in the 26 weeks to 26 September, its fifth consecutive summer of growth over 5%. Overa … view
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Thursday 10th November 2016
Propel Thursday News Briefing
NPD Group – snacks making up 27% of total British QSR traffic: Three snacking occasions (morning, afternoon and late snack/drink) represent 27% of total British quick-service restaurant (QSR) traffic, according to new research by insigh … view
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Wednesday 9th November 2016
M&B places 75 pubs on the market
M&B places 75 pubs on the market: Mitchells & Butlers has placed 75 pubs on the market. A spokesman said: “We continuously review our estate of about 1,750 restaurant and pub businesses to ensure that we’re always obtaining the best r … view
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Wednesday 9th November 2016
Administrator – Boparan paid £8.75m for 33 Ed’s Easy Diner sites
Administrator – Boparan paid £8.75m for 33 Ed’s Easy Diner sites: A report by administrators have revealed Giraffe, owned by Boparan Restaurants Holdings, paid £8.75m to buy 33 Ed’s Easy Diner sites out of administration – with 27 si … view
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Wednesday 9th November 2016
Propel Wednesday News Briefing
Duncan Garrood – ‘we’ve got the right strategy in place at Punch and our focus is on its execution’, Harry Ramsden’s partnership roll-out on hold: Punch chief executive Duncan Garrood has told Propel he believes the company now has t … view
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Tuesday 8th November 2016
Town and Country Inns goes into administration
Town and Country Inns goes into administration: Town and Country Inns, the Birmingham-based group that operates Fleet Street Kitchen, Apres, Lexicon and Mechu, has gone into administration. The company has five sites but three of those ar … view
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Tuesday 8th November 2016
Update: Punch Taverns results, Elegant Hotels contract
Punch Taverns reports completion of strategic disposal plan, average profit per pub up 4%: Punch Taverns has reported performance in line with management expectations in the 52 weeks to 20 August reflecting the completion of its strategic … view
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Tuesday 8th November 2016
Propel Tuesday News Briefing
Starbucks to expand premiumisation offer: Starbucks is set to expand its premiumisation offer in 2017, which the brand said would open up new avenues of growth. Chairman and chief executive Howard Schultz revealed what was essentially a t … view
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Monday 7th November 2016
Tasty raises £9m to fund Wildwood expansion
Tasty raises £9m to fund Wildwood expansion: Wildwood operator Tasty has made a conditional placing of 6,210,000 new ordinary shares at a price of 145 pence per share to raise £9m. The new shares represent about 11.6% of the current issued s … view
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Monday 7th November 2016
Update: Azzurri Group results, £300m Meadowhall 'Leisure Hall', Fever-Tree performance
Azzurri Group reports turnover and profits boost: Azzurri Group, which owns and operates Ask Italian, Zizzi and Coco di Mama, has reported increased revenues and earnings in its latest financial year. The group, which was sold to private … view
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Monday 7th November 2016
Propel Monday News Briefing
Northcote Leisure Group reports turnover passes £10m mark as pre-tax losses more than half: Northcote Leisure Group, run by celebrity Michelin-starred chef Nigel Haworth and wine expert Craig Bancroft, has reported turnover has passed th … view
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Friday 4th November 2016
Friday Opinion
Subjects: Hangover-free alcohol, the top ten reasons bars and restaurants fail, and taking business advice from Donald Trump
Authors: Paul Chase, Dan Einzig and Ann Elliott

Hangover-free alcohol by … view

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Friday 4th November 2016
Starbucks trading update, Danish bakers Ole & Steen to make UK debut
Starbucks reports 4% like-for-like growth in fourth quarter: Starbucks has reported global like-for-likes up 4% for its 14-week fiscal fourth quarter ended 2 October 2016. US like-for-likes increased 4%, comprised of a 6% increase in aver … view
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Friday 4th November 2016
Propel Friday News Briefing
Brunning & Price reports Ebitda and pre-tax profit boost as turnover surges past £50m mark: Brunning & Price, the gastro-pub brand owned by The Restaurant Group, has reported an Ebitda and pre-tax profit boost as turnover surged past the … view
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Thursday 3rd November 2016
Wahaca shuts nine restaurants following suspected norovirus outbreak
Wahaca shuts nine restaurants following suspected norovirus outbreak: Hundreds of staff and diners at Mexican restaurant chain Wahaca have been struck down with suspected norovirus. Public health chiefs confirmed they had launched a natio … view
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Thursday 3rd November 2016
Propel Thursday News Briefing
Cash-free foodservice outlets to become more common in 2017 as consumers embrace new payment methods: Cash-free foodservice outlets will become more common next year as consumers embrace new payment methods such as contactless cards, smar … view
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Thursday 3rd November 2016
Cash-free foodservice outlets to become more common, beer sales down in third quarter despite positive trend
Cash-free foodservice outlets to become more common in 2017 as consumers embrace new payment methods: Cash-free foodservice outlets will become more common next year as consumers embrace new payment methods such as contactless cards, smar … view
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Wednesday 2nd November 2016
Burger King owner in talks over UK investment
Burger King owner in talks over UK investment: Burger King’s parent company Restaurant Brands International has approached ‎private equity firms about a deal to invest in its UK operations as it seeks to eke out cost savings in an increasi … view
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Wednesday 2nd November 2016
Dominion Hospitality acquires Chapman Group
Dominion Hospitality acquires Chapman Group: Dominion Hospitality has acquired the Chapman Group, which owns and manages 28 hotels and pubs in the south of England. Dominion Hospitality is an affiliate of Stellex Capital Management, a private … view
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Wednesday 2nd November 2016
Administrator – Sodexo paid just £1.4m to acquire bulk of Peyton & Byrne
Administrator – Sodexo paid just £1.4m to acquire bulk of Peyton & Byrne: A report by the administrator of contract catering company and cafe operator Peyton & Byrne, owned by Great British Menu judge Oliver Peyton and his sister Siobhan Pe … view
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Wednesday 2nd November 2016
Update: Wetherspoon trading, Just Eat and Easyhotel
JD Wetherspoon reports like-for-like sales up 3.5% in First Quarter, sales growing slowing: JD Wetherspoon has reported like-for-like sales were up 3.5% and total sales increased 2.3% for its First Quarter, the 13-week period up to 23 Oct … view
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Wednesday 2nd November 2016
Propel Wednesday News Briefing
Gourmet Burger Kitchen reports pre-tax profit almost trebles following turnover boost: Gourmet Burger Kitchen, which was acquired by South African fast food group Famous Brands in September, has reported its pre-tax profits have almost tr … view
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Tuesday 1st November 2016
Horizons – the sector has seen a slowdown in new brands activity in past six months
Horizons – the sector has seen a slowdown in new brands activity in past six months: A decline in the number of new eating out brands qualifying for the latest Horizons Ones To Watch research, along with a slower rate of expansion for m … view
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Tuesday 1st November 2016
Conviviality reports sales up 211% after acquisitions
Conviviality reports sales up 211% after acquisitions: Conviviality, the wholesaler and distributor of alcohol and impulse, serving customers through its franchised retail outlets and through hospitality and food service, has reported, fo … view
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Tuesday 1st November 2016
Propel Tuesday News Briefing
Restaurants under pressure to serve up speed and convenience as ordering in and eating out figures soar: Brits are demanding faster service and more convenient ways to pay when eating out and ordering takeaways for delivery, according to … view
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Tuesday 1st November 2016
Innis & Gunn launches £1m crowdfunding campaign, Marston's unveils radical image change
Innis & Gunn founder – principal aim of £1m crowdfunding campaign is to roll-out The Beer Kitchen brand: Dougal Sharp, founder of Scottish brewer and retailer Innis & Gunn, has told Propel the principal aim of its £1m crowdfunding cam … view
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