The Global Gin Industry Comes Together For The Gin Guild’s Spring Installation
Caterer, Licensee & Hotelier News
by News
18h ago
Share Tweet Share Email London: Gin distillers and industry professionals from around the world came together at the London Guildhall for the Gin Guild’s Annual Gin Industry Dinner and Spring Installation. The evening, celebrating twelve years since the Gin Guild’s foundation, began with a formal installation of new members representing global distillers from four continents including Japan, the USA, Scotland, Wales, Netherlands, France, Sweden, Italy and the first member from Brazil. New gin brands swearing the oath of gin included Katherine Jenkins’s Welsh Cygnet Gin, US-based Alpine Distill ..read more
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Drinks Sales Up 13% As Sun Shines On Pubs
Caterer, Licensee & Hotelier News
by News
18h ago
Share Tweet Share Email Warm weather has lifted Britain’s On Premise drinks sales above last year’s levels for the first time in six weeks, CGA by NIQ’s latest Daily Drinks Tracker shows. Average sales in managed venues for the seven days to last Saturday (11 May) were 13% ahead of the equivalent period in 2023—a very welcome return to growth after five weeks of year-on-year declines. Trading was well up on all seven days of the week, beginning with a 17% uplift on Bank Holiday Monday (6 May). The Bank Holiday fell in the week prior in 2023 which will have helped to shape this week’s uplift. G ..read more
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Hospitality Insolvencies Fall But Operators Aren’t In The Clear Yet
Caterer, Licensee & Hotelier News
by News
18h ago
Share Tweet Share Email Today’s company insolvency statistics show accommodation and food service insolvencies decreased by 17% in March 2024 (to 280, from 338 in February) and were also down 17% from March 2023 (339). Saxon Moseley, head of leisure and hospitality at RSM UK, comments: “The hospitality industry has been in the doldrums since 2022, primarily driven by soaring overheads and reduced demand. Last month’s dip in company failures shows the tide may be turning as consumer confidence returns. This brings hope that the second half of the year will show a continued improvement, with int ..read more
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Adam Byatt Named New Chair Of The Royal Academy Of Culinary Arts
Caterer, Licensee & Hotelier News
by News
4d ago
Share Tweet Share Email Adam Byatt, chef patron of Michelin-starred restaurant Trinity and culinary director of Brown’s Hotel, London, has been announced as the new chair of The Royal Academy of Culinary Arts (RACA). Byatt, a protégé of Ritz executive chef and Michelin star holder John Williams MBE, will take over the role as chair of RACA as John Williams (who has held the role of chair for 20 years) steps up into the role of president. Chef Williams will take over from Brian Turner CBE, who will assume the role of honorary president of the organisation. Turner CBE, who alongside late hospita ..read more
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Long-Term Trends Report Reveals “Cautious Optimism”
Caterer, Licensee & Hotelier News
by News
4d ago
Share Tweet Share Email Long-term demand is looking good for the sector, according to OakNorth’s Sector Pulse. The report reveals that over the last six months to 30 April 2024, the hospitality and leisure industry demonstrated continued resilience, despite ongoing challenges from labour shortages (132,000 vacancies – 48% above pre- pandemic levels according to UK Hospitality), and inflationary pressure on rent, energy bills, and the cost of ingredients. In terms of operational performance, the sector continued to hold up, and the anticipated cut in the base rate later this year may ease some ..read more
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Shoots Of Recovery In Sight So Roll On The Euros!
Caterer, Licensee & Hotelier News
by News
4d ago
Share Tweet Share Email Research by Oxford Partnership has revealed some good news as outlet closures have slowed in the past 4 weeks and we see the rate fall to -1% year to date. Outlet closures have fallen to 1.8 outlets a day to the end of April compared to 2.2 outlets in the previous month. The biggest slow down in closure rates in in Urban areas as more and more businesses encourage workers back to the office. And whilst consumer footfall is virtually flat versus 2023 (only -0.6% YTD) due to operators again reducing their opening hours by c-1% in the latest period, the good news is that t ..read more
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Contract Caterers’ First-Quarter Sales Rise 7% Despite Drop In Units Served
Caterer, Licensee & Hotelier News
by News
4d ago
Share Tweet Share Email Britain’s top contract caterers have begun 2024 strongly with sales growth of 7% in the first quarter, the Contract Catering Tracker from CGA by NIQ and Bidfood reveals. It continues the sector’s recovery from the upheaval of the COVID-19 pandemic and is the Tracker’s 12th quarter of YoY growth in a row. However, the rate of increase is well below the figure of 12% recorded in the last quarter of 2023. Growth in MAT sales—for the last 12 months compared to the previous 12 months—now stands at 13%. Contract caterers have achieved their sales increases despite a drop in t ..read more
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Heartwood Collection Acquires The Manor Inn, Godalming
Caterer, Licensee & Hotelier News
by News
5d ago
Share Tweet Share Email Award-winning hospitality group Heartwood Collection has acquired The Manor Inn, Godalming from Whitbread Plc. The acquisition will see the 16 bedroom site renamed as “The Ragged Robin” in a nod to the location and will undergo a multi-million pound refurbishment to create a further three bedrooms, 150 internal covers and 100 external covers. The work will see the creation of a warm and cosy pub to the front and an extended dining room to the rear overlooking the extensive garden which backs on to the River Wey. The renovation will inject the site with Heartwood’s signa ..read more
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Revealed: The Top 10 Best Places To Celebrate The Euros
Caterer, Licensee & Hotelier News
by News
5d ago
Share Tweet Share Email New data has revealed the UK’s top 10 locations most excited for UEFA Euro 2024. The research was conducted by experts at NZCasinoClub, who analysed Google search data over the last 12 months to establish which UK locations are the most excited about the Euros. The study looked at Google searches of the five most Googled UEFA Euro 2024 terms to calculate the monthly search interest per 100,000 residents. Researchers also identified the number of pubs and bars within five miles screening football for the locations searching the Euro’s the most. Durham topped the list of ..read more
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Labour Market Stagnation Shows Need To Incentivise Investment
Caterer, Licensee & Hotelier News
by News
5d ago
Share Tweet Share Email Hospitality vacancies remain stubbornly above pre-pandemic levels, with little positive movement in five months. There were 107,000 vacancies in hospitality in the quarter to April 2024, according to the Office for National Statistics. This is 15% higher than pre-pandemic levels of 93,000. Wages paid in the sector increased by 9.5% in March 2024, driven in part by ongoing wage inflation, the sector’s focus on recruitment and retention, and some business implementing April wage increases early. Kate Nicholls, Chief Executive of UKHospitality, said: “These figures demonst ..read more
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