Luke Johnson acquires stake in The Draft House
Serial investor Luke Johnson has acquired a substantial minority stake in The Draft House, the wet-led craft beer concept headed by Charlie McVeigh.
Archives for July 31, 2011
Investor interest in fast-casual restaurant chains set to soar
A fresh round of investment is expected in the hospitality industry over the next 12 months, in particular in small-to-medium fast casual restaurant chains, with private equity companies and investors acknowledging the sector’s growth potential.
Thomas Keller reveals details about Harrods pop-up restaurant
Thomas Keller is to launch his pop-up version of his three-Michelin starred Californian restaurant The French Laundry at Harrods on 1 October.
Pearls of Wisdom: Monika Linton
In 1988 Monika Linton began importing Spanish wine and cheese to the UK, selling produce to a number of London’s restaurants. Now, over 20 years later, Linton operates a shop at Borough market, a restaurant in South Kensington (Casa Brindisa) and a tapas...
More business failures expected for hospitality SMEs
Small businesses in the hospitality sector should be particularly vigilant of their business strategies over the years ahead, as corporate financial analysts warn that the worst is still to come.
Marston’s sales boost from premium beers and food
Brewer and pub operator Marston’s has said sales of its focus on local beers and premium ales has helped boost its business performance in a difficult trading environment.
Hotels and B&B's have best April in five years
Hotels, B&Bs and other accommodation providers in the UK reportedly had their best April in five years with the number of overnight trips taken by domestic tourists rising 5 per cent that month.
First Spud 'luxury fast food' site opens in Covent Garden
The owner of a group of London pubs and restaurants, including Clapham’s Four O Nine, has launched a luxury baked potato café in Covent Garden, with hopes to open further venues around London.
Aspall to launch 8.2% abv vintage cyder
Premium cyder producer Aspall is to launch an 8.2% abv vintage cyder by the end of the summer, four months earlier than planned.