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Wednesday 31st January 2018
Byron to close ‘number of restaurants’ as CVA gets creditor approval
Byron to close ‘number of restaurants’ as CVA gets creditor approval: Better burger brand Byron is to close “a number of restaurants” having had its Company Voluntary Agreement (CVA) proposal approved by creditors, with 99% voting in f … view
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Wednesday 31st January 2018
Update: Hickory's results, Cordatus acquires Gosforth Travelodge for £4.7m
Hickory’s Smokehouse reports Ebitda boost as turnover increases 15% to £16.6m, plans two more sites this year: Hickory’s Smokehouse has reported turnover increased 15% to £16.6m for the year ending 30 April 2017 compared with £14.4 … view
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Wednesday 31st January 2018
Update: Adam Breedon signs crazy golf site in City of London, Britvic trading
Adam Breeden signs City of London Puttshack site: The founder of Bounce ping-pong bars and co-founder of Flight Club darts bars it to open a crazy gold brand in City of London. Adam Breeden, who also founded All Star Lanes bowling, is to … view
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Wednesday 31st January 2018
Propel Wednesday News Briefing
Brasserie Bar Co reports turnover up 20% in current financial year, looking to open up to five sites in 2018: Mark Derry, chief executive of Brasserie Bar Co, the 36-strong group behind Brasserie Blanc and The White Brasserie Company, has … view
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Tuesday 30th January 2018
Sky News – owner of TGI Friday’s UK puts sale on menu
Sky News – owner of TGI Friday’s UK puts sale on menu: The British arm of TGI Friday’s is being put on the menu of prospective buyers amid a steep downturn that has hit much of the casual dining sector. Electra Private Equity is calling … view
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Tuesday 30th January 2018
McDonald’s reports like-for-likes up 5.5% in fourth quarter helped by ‘continued UK momentum’
McDonald’s reports like-for-likes up 5.5% in fourth quarter helped by ‘continued UK momentum’: McDonald’s has reported global like-for-like sales rose 5.5% in its fourth quarter to 31 December 2017 helped by continued momentum in … view
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Tuesday 30th January 2018
Brasserie Bar Co reports Ebitda boost as turnover rises to £46.8m
Brasserie Bar Co reports Ebitda boost as turnover rises to £46.8m: Brasserie Bar Co, the 36-strong group behind Brasserie Blanc and the White Brasserie, has reported turnover increased 14% to £46.8m for the year ending 31 July 2017 comp … view
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Tuesday 30th January 2018
Bill’s appoints Duncan Garrood as chief executive as Mark Fox steps down
Bill’s appoints Duncan Garrood as chief executive as Mark Fox steps down: Bill’s Restaurants, owned by Richard Caring, has appointed Duncan Garrood as its new chief executive with immediate effect to lead the company as it enters a new pha … view
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Tuesday 30th January 2018
Update: Domimo’s UK Fourth Quarter trading, Tom Kerridge’s Pub in the Park
Domino’s Pizza reports UK system sales up 9.8% in Quarter Four: Domino’s Pizza UK has reported group system sales rose 18.2% with strong growth in both established and newer markets in its Fourth Quarter to 24 December. UK system sale … view
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Tuesday 30th January 2018
Propel Tuesday News Briefing
British consumers are ‘creatures of habit’ when it comes to eating out: British consumers are happy to act on “autopilot” when choosing where to eat out if they get good pricing, convenience and the right customer experience, acco … view
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Monday 29th January 2018
Update: Admiral’s Simon Eyles passes away aged 50, Easyhotel, The Pig and Meat & Drink
Admiral Taverns’ Simon Eyles passes away: Admiral Taverns’ commercial director Simon Eyles has passed away after a short illness. Kevin Georgel, chief executive of Admiral Taverns, said: “It is with the deepest sadness and regret th … view
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Monday 29th January 2018
Propel Monday News Briefing
Former Caravan head of wholesale says there’s still room for high-end operators in saturated coffee market ahead of new venture: Former Caravan head of wholesale James Hennebry has told Propel he believes there is still room for more co … view
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Friday 26th January 2018
Friday Opinion
Subjects: Creating a new powerful voice for the sector with UKHospitality, revitalising CAMRA, and the CPL Nanny State Annual Awards for Fake News and Phoney Statistics
Authors: Steve Richards, Colin Valentine and Paul Chase< … view
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Friday 26th January 2018
Update: JDW steak, Starbucks trading, Prezzo, Easyhotel
Wetherspoon to reintroduce steak next Tuesday: JD Wetherspoon is to reintroduce sirloin steak, rump steak and gammon steak in its 900 pubs across the UK and Republic of Ireland on Tuesday, 30 January. The three items have been off the men … view
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Friday 26th January 2018
Propel Friday News Briefing
Goodbody – Greene King performance turnaround will ‘take time and require deeper customer experience improvements’: Goodbody leisure analyst Brian Devitt has said the turnaround in performance at Greene King will “take time and re … view
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Thursday 25th January 2018
Starbucks franchise co-founded by Ei Group director launches £1.1m fund-raise to support 20-site roll-out
Starbucks franchise co-founded by Ei Group director launches £1.1m fund-raise to support 20-site roll-out: Starbucks franchise Elite Coffee has launched a £1.1m fund-raise on crowdfunding platform Growthdeck to support the roll-out of 20 sit … view
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Thursday 25th January 2018
Trading updates: Greene King, Restaurant Group and Fuller’s
Greene King reports like-for-likes up 1.6% over two weeks of Christmas: Greene King has reported a strong festive trading period with like-for-like sales up 1.6%. The company stated: “We traded well over the Christmas period with Pub Co … view
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Thursday 25th January 2018
Propel Thursday News Briefing
Boparan to franchise Slim Chickens in the UK: Boparan Restaurant Group, which owns Giraffe, Ed’s Easy Diner and Harry Ramsden’s, has partnered with Slim Chickens USA to bring the fast-casual, fresh chicken brand to the UK market. Slim … view
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Thursday 25th January 2018
Boparan to franchise Slim Chickens in the UK
Boparan to franchise Slim Chickens in the UK: Boparan Restaurant Group, which owns Giraffe, Ed’s Easy Diner and Harry Ramsden’s, has partnered with Slim Chickens USA to bring the fast-casual, fresh chicken brand to the UK market. Slim Chic … view
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Wednesday 24th January 2018
Update: Wetherspoon trading, Fever-Tree, Hotel Chocolat, Time Out Group
JD Wetherspoon reports 6% like-for-like sales growth in its Second Quarter: JD Wetherspoon has reported like-for-like sales rose 6% for the first 12 weeks of the second quarter (to 21 January 2018) and total sales by 4.3%. In the year to … view
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Wednesday 24th January 2018
Propel Wednesday News Briefing
Ralph Findlay – there’s enough pressure on margins without joining sector-wide discounting: Marston’s chief executive Ralph Findlay has told Propel the company would continue to resist joining the widespread discounting in the secto … view
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Tuesday 23rd January 2018
Update: Marston's, SSP, Eagle Eye, DP Eurasia, Crepeaffaire
Marston’s reports snow and ice impact trading: Marston’s has reported the snow and icy weather had an impact on trading for the 16 weeks to 20 January 2018. The company stated: “We continued to make progress in the period with growt … view
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Tuesday 23rd January 2018
Propel Tuesday News Briefing
Some operators reaching ‘crisis proportions’ but possible pricing benefits: Some operators are reaching “crisis proportions”, although many may benefit in the short term from changes in the pricing environment, according to the la … view
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Tuesday 23rd January 2018
ALMR and BHA to merge creating ‘powerful unified voice’ for £130bn sector
ALMR and BHA to merge creating ‘powerful unified voice’ for £130bn sector: Plans have been unveiled to merge the Association of Licensed Multiple Retailers (ALMR) and British Hospitality Association (BHA) to create a “po … view
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Monday 22nd January 2018
Jamie’s Italian confirms closure of 12 sites
Jamie’s Italian confirms closure of 12 sites: Jamie Oliver Restaurant Group has confirmed it will close 12 Jamie’s Italian sites in the UK following a strategic review. The sites that will shut are Bath, Bristol, Bluewater, Chelmsford, Gre … view
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Monday 22nd January 2018
ETM Group reports December like-for-likes up 10.8%, CAMRA moves to widen appeal
ETM Group reports December like-for-likes up 10.8%: ETM Group, the 13-strong bar and restaurant company, has reported like-for-like sales increased 10.8% for the five weeks ending 31 December 2017, with overall sales up 34.4%. The company … view
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Monday 22nd January 2018
Revolution reports Christmas period like-for-likes up 5.9%
Revolution reports Christmas period like-for-likes up 5.9%: Revolution Bars Group, the operator of 72 premium bars across the UK under the Revolution and Revolucion de Cuba brands, has reported for the four-week period from 4 December 2017 to … view
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Monday 22nd January 2018
Propel Monday News Briefing
Grillstock went into administration after owing more than £445,000 to HMRC, sold to new company for £92,000: American-style barbecue restaurant Grillstock went into administration after owing more than £445,000 to HM Revenue & Customs, … view
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Sunday 21st January 2018
Burger King UK appoints Alasdair Murdoch as chief executive
Burger King UK appoints Alasdair Murdoch as chief executive: Alasdair Murdoch has been appointed chief executive of Burger King UK. Murdoch will be in charge of the new Burger King UK entity from 1 February responsible for the master fran … view
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Friday 19th January 2018
Update: Restaurant Marketer Award winners, Wadworth restructure, Rollo on Whitbread, tourist boost
Restaurant Marketer & Innovator Award winners revealed: The winners of the inaugural Restaurant Marketer & Innovator Awards, staged by Propel and Think Hospitality have been revealed. More than 90 entries were judged by a panel of 16 indu … view
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Friday 19th January 2018
Friday Opinion
Subjects: Social capital – fuel or fight, building a solid foundation for the sector's next generation and unexpected insights from England Rugby
Authors: Emma Woods, David Sheen and Ann Elliott

view

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Friday 19th January 2018
Update: Analyst forecasts on Restaurant Group, Marston’s and Greene King
Douglas Jack – we expect Restaurant Group’s full year trading update to be weak: Peel Hunt leisure analyst Douglas Jack has forecast a ‘weak’ Restaurant Group trading update next week. He said: “We expect the full year trading u … view
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Friday 19th January 2018
Propel Friday News Briefing
Sector like-for-likes down 0.1% in December, wet-led businesses enjoy best of festive trading: Britain’s managed pub and restaurant groups saw collective like-for-like sales marginally down by 0.1% over the six-week Christmas and new ye … view
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Friday 19th January 2018
Sector like-for-likes down 0.1% in December, wet-led businesses enjoy best of festive trading
Sector like-for-likes down 0.1% in December, wet-led businesses enjoy best of festive trading: Britain’s managed pub and restaurant groups saw collective like-for-like sales marginally down by 0.1% over the six-week Christmas and new year pe … view
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Thursday 18th January 2018
Whitbread: Break-ups, pricing, refurbishments and restaurant concepts
Chief executive Alison Brittain provides further insight into Whitbread’s strategy following third-quarter results:

Break-up speculation: Brittain said: “We have open and regular discussions with our sh … view
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Thursday 18th January 2018
Update: Whitbread and Ten Entertainment Group results, Revolution Bars Group
Whitbread reports like-for-like sales up 0.3% in third quarter: Whitbread has reported like-for-like sales rose 0.3% in the 13 weeks to 30 November 2017, with total UK sales up 5.8% (year-to-date 6.7%). Premier Inn like-for-like sales ros … view
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Thursday 18th January 2018
Propel Thursday News Briefing
Value for money and convenience to become increasingly important as sector turnover slows in 2018: Value for money and convenience will become increasingly important during 2018 as sector turnover slows amid continued consumer uncertainty … view
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Wednesday 17th January 2018
Update: City Pub Group, sugar cut pledge, Cineworld, Yummy Pub Co
City Pub Group reports like-for-likes up 3.8%, David Bruce resigns from board: City Pub Group, the owner and operator of an estate of premium pubs across southern England, has reported like-for-like sales increased 3.8% for the year endin … view
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Wednesday 17th January 2018
Propel Wednesday News Briefing
Mission Mars looks to accelerate growth after completing pub business merger, December like-for-likes up 9%: Mission Mars is looking to accelerate growth after merging its pub business Flying Pig & Lobster into the group. Co-founder Roy E … view
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Tuesday 16th January 2018
Barburrito partners with The Restaurant Group to launch into airports
Barburrito partners with The Restaurant Group to launch into airports: Mexican brand Barburrito, which is backed by the Business Growth Fund, has partnered with The Restaurant Group (TRG) as it plans to launch into airports. Barburrito launche … view
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Tuesday 16th January 2018
Galvin brothers to close Bistrot de Luxe but plan estate expansion and five new concepts
Galvin brothers to close Bistrot de Luxe but plan estate expansion and five new concepts: Michelin-starred chefs Chris and Jeff Galvin are to close their French restaurant Bistrot de Luxe in Baker Street on Saturday, 10 February. Chris Galvin … view
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Tuesday 16th January 2018
Greggs reports 3% like-for-like growth in Fourth Quarter
Greggs reports 3% like-for-like growth in Fourth Quarter: Bakery business Greggs has reported like-for-like sale rose 3% in its Fourth Quarter to 30 December 2017. For the whole year, total sales were up 7.4% and company-managed shop like-for- … view
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Tuesday 16th January 2018
Propel Tuesday News Briefing
UK coffee shop market turnover grows 7.3% in 2017 despite Brexit uncertainty, executives remain confident: The £9.6bn UK coffee shop market grew 7.3% in turnover during 2017, making it one of the UK’s strongest performing sectors, acco … view
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Monday 15th January 2018
Update: D&D London, Inn Collection and calorie intake
D&D London reports 4% like-for-likes in December: D&D London, whose venues including Quaglino’s, Kensington Place and Le Pont de la Tour, has reported a return to growth after lacklustre late summer trading, The Times has reported. The … view
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Monday 15th January 2018
Propel Monday News Briefing
BrewDog nears £11m mark in latest crowdfunding campaign but reduces ‘stretch target’ to £20m: Scottish brewer and retailer BrewDog has raised nearly £11m in its fifth round of its Equity for Punks crowdfunding initiative – but ha … view
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Friday 12th January 2018
Update: BrewDog hits £10m target, Hawksmoor, Brewhouse & Kitchen
BrewDog hits £10m target: Scottish brewer and retailer BrewDog has hit its £10m Equity for Punks V crowdfunding target in the past hour. The company stated: “For the £10m target raise we are concentrating on three specific projects t … view
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Friday 12th January 2018
Friday Opinion
Subjects: The assault on caffeine, Brits have a lot to live up to when it comes to service style, and empowerment = trust and agility

Authors: Paul Chase, Glynn Davis, and Chris Edger and Tony Hughes
< … view
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Friday 12th January 2018
Update: M&B festive trading, Network Rail and Conviviality
M&B reports like-for-likes up 3.9% during three key festive weeks: Mitchells & Butlers has reported trading through the core three week festive season was strong, with like-for-like sales growth of 3.9%. Christmas Day was a record taking … view
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Friday 12th January 2018
Propel Friday News Briefing
UK coffee shop sales to reach £3.7bn by 2022 driven by younger millennials and parents: UK coffee shop sales are expected to rise 10% by 2022 to reach £3.7bn, according to research by Mintel, with the rise driven by younger millennials … view
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Thursday 11th January 2018
Update: Increasing sector divergence, Fever-Tree, Booker Christmas trading
Analyst Tim Barrett – cost pressures mean company performance will increasingly diverge: Numis leisure analyst Tim Barrett has issued a note arguing that “cost pressures mean company performance will increasingly diverge”. He said: … view
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Thursday 11th January 2018
Propel Thursday News Briefing
Restaurant delivery service seeks £2.5m to expand franchise network in UK and overseas: Restaurant delivery service One Delivery is aiming to raise £2.5m as it looks to expand its franchise network in the UK and overseas. The company, f … view
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Wednesday 10th January 2018
Freehold pub prices increase 14.6% driven by ‘increased quality’ of disposals
Freehold pub prices increase 14.6% with fewer but bigger portfolio deals driven by ‘increased quality’ of disposals: Freehold pub prices increased 14.6% as there were fewer but bigger portfolio deals in 2017 driven by the “increased qual … view
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Wednesday 10th January 2018
Update: Draft House, Just Eat, Everyman
Draft House reports December like-for-likes up 5.9%: Draft House, the London-based craft beer operator led by Charlie McVeigh and backed by Luke Johnson, has reported like-for-like sales were up 5.9% for the four weeks to 31 December 2017 … view
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Wednesday 10th January 2018
Propel Wednesday News Briefing
Butcombe reports December like-for-like sales up 6.5%: Butcombe, part of Liberation Group, has reported managed like-for-like sales increased 6.5% and total sales were up 114% for the four weeks to 31 December 2017. The West Country regio … view
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Tuesday 9th January 2018
The Alchemist secures £16m investment
The Alchemist secures £16m investment: The Alchemist, which is backed by Palatine Private Equity, has secured an additional £16m finance package from existing debt-funders Santander to support its growth plans. The funds will be invested in … view
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Tuesday 9th January 2018
Byron to undergo CVA in bid to secure future
Byron to undergo CVA in bid to secure future: Better burger brand Byron has announced the sale of the business and a restructuring plan that will “ensure a sustainable long-term future”. Under the terms of the transaction, which is su … view
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Tuesday 9th January 2018
Mark Jones to become new Carluccio’s chief executive
Mark Jones to become new Carluccio’s chief executive: After nearly three years, Neil Wickers has stepped down as chief executive to pursue other opportunities. The company stated: “Neil has led the company through a very challenging period … view
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Tuesday 9th January 2018
Update: Tasty expects further deterioration in 2018
Tasty – ‘we expect a further deterioration of trading in 2018’: Wildwood operator Tasty has provided a trading update for the 52 weeks ended 31 December 2017, forecasting trading will get even tougher in 2018. The company stared: … view
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Tuesday 9th January 2018
Propel Tuesday News Briefing
Hospitality sector continues to buck trend with 4.7% rise in December as consumer spending hits five-year low: Consumer spending in December at hotels, restaurants and bars continued to buck the trend with a 4.7% rise, according to the la … view
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Monday 8th January 2018
Analyst – over-supply in restaurant sector will take many years to correct
Douglas Jack – over-supply in restaurant sector will take years to correct: Peel Hunt leisure analyst Douglas Jack has argued that wet-led pubs and bars are benefiting from low supply in recent years compared to the restaurant sector, w … view
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Monday 8th January 2018
Propel Monday News Briefing
Deltic Group reports December like-for-likes up 8.2%, further investment planned in estate: The Deltic Group, the UK’s largest operator of premium late-night bars and clubs with 57 venues, has reported like-for-like sales grew 8.2% in t … view
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Monday 8th January 2018
Deltic Group reports December like-for-likes up 8.2%, further investment planned in estate
Deltic Group reports December like-for-likes up 8.2%, further investment planned in estate: The Deltic Group, the UK’s largest operator of premium late-night bars and clubs with 57 venues, has reported like-for-like sales grew 8.2% in the fo … view
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Friday 5th January 2018
Update: Stonegate, Beds and Bars, Byron, BrewDog, Jamie Oliver et al
Stonegate Pub Company sees 20% growth in late-night sales as pop-ups quench millennial thirst for experiences: Stonegate Pub Company’s late-night division has seen 20% sales growth for a second year in a row, with a range of pop-up acti … view
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Friday 5th January 2018
Friday Opinion
Subjects: Best Bar None chairman challenges 'unfair burdens on licensed trade', There’s A Beer For That’s new strategy is missing target, and a sense of balance and perspective
Authors: Dan Davies, Glynn Davis an … view
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Friday 5th January 2018
Update: Halewood results, Friska site closure, Humble Grape
Halewood Wines and Spirits report turnover and profit growth as it invests in craft producers: Halewood Wine and Spirits has reported turnover grew to £216.7m in the year to 1 July 2017, up from £214.6m the year before. Ebitda rose to … view
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Friday 5th January 2018
Propel Friday News Briefing
Be At One reports like-for-likes up 12.6% in December: Be At One, the specialist cocktail bar group backed by Piper Private Equity, has reported a record festive trading period with like-for-like sales up 12.6% during December and total s … view
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Friday 5th January 2018
Be At One reports like-for-likes up 12.6% in December
Be At One reports like-for-likes up 12.6% in December: Be At One, the specialist cocktail bar group backed by Piper Private Equity, has reported a record festive trading period with like-for-like sales up 12.6% during December and total s … view
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Thursday 4th January 2018
Update: New Whitbread chairman, December results for Stonegate and Upham
Adam Crozier to replace Richard Baker as Whitbread chairman: Whitbread has announced that its chairman, Richard Baker, will be retiring from the board at the next financial year end, 28 February 2018, having completed nearly nine years se … view
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Thursday 4th January 2018
Propel Thursday News Briefing
Barclays Capital – we sense an increased interest at Whitbread in selling Costa Coffee: Analysts at Barclays Capital have raised their target price for Whitbread after posing the question: “What if the company decides to sell Costa Co … view
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Wednesday 3rd January 2018
December trading update: Oakman, Dirty Martini, Remarkable Pubs
Oakman Inns reports 5.9% December like-for-likes, in negotiations on seven sites: Oakman Inns and Restaurants (OIRL) has reported like-for-like growth of 5.9% during the four-week Christmas trading period ending on 31 December 2017. The c … view
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Wednesday 3rd January 2018
Gaucho Group hires Oliver Meakin as chief executive
Gaucho Group hires Oliver Meakin as chief executive: Gaucho Group, the leading Argentine steak restaurant group operating the Gaucho and CAU brands, has appointed Oliver Meakin as chief executive. His appointment as chief executive will t … view
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Wednesday 3rd January 2018
Update: Yummy Pub Co like-for-likes
Yummy Pub Co reports a +14.82% like-for-like sales increase in December trading: Yummy Pub Co, the London-based operator of six sites, has reported like-for-like sales growth in December of 14.82%. In a communication to the business, Tim … view
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Wednesday 3rd January 2018
Propel Wednesday News Briefing
Eataly eyes IPO in 2018, with opening in City of London also lined up: Eataly, the Italian food emporium, is planning to list shares on the stock exchange in Milan as early as this year, as the group ramps up its expansion with an openin … view
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Tuesday 2nd January 2018
Propel Tuesday News Briefing
Body Text Here … view
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Monday 1st January 2018
Sky News – Patisserie Valerie preparing £35m share issue to help fund Gail’s takeover bid
Patisserie Valerie preparing £35m share issue to help fund Gail’s takeover bid: Patisserie Valerie is preparing to tap investors for tens of millions of pounds as part of plans for a takeover bid for the company that owns Gail's Bakery … view
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