Strada sold to Sun Capital Partners for £37m
Tragus Group has sold 43 Strada restaurants to Sun Capital Partners (SCP) for £37m, claiming to have ‘secured a sustainable future for the business’.
Tragus Group has sold 43 Strada restaurants to Sun Capital Partners (SCP) for £37m, claiming to have ‘secured a sustainable future for the business’.
Independent hotel group Heritage Estates has acquired Cockliffe Country House Hotel in a deal worth around £1m.
US-based The Church Group has secured a site in London to launch its Louisiana-themed bar and restaurant concept Ninth Ward in the UK in early 2015.
British food is still the nation’s favourite according to Travelzoo’s latest survey on eating out preferences.
The Restaurant Show 2014 will take place at Earls Court in London from 6-8 October.
The increase in eating out and higher customer expectations are driving the continued growth of ‘informed but informal’ dining experiences.