New call for capital-grade New Year
John Conlan, chairman of bar and nightclub operator Urbium, has called on London Mayor Ken Livingstone to produce a New Year's celebration worthy of the capital's status.
Speaking at the publication of the company's full-year results last week, Conlan said that disappointing celebrations in 2002 had led to a reduction of income for hospitality providers in the West End. He also said that, although the authorities had made a better job of it last year, more work was needed.
"We would still encourage the mayor and Westminster City Council to try harder in 2004," he said.
The company, which operates 26 late-licensed UK bars and nightclubs, including Tiger Tiger, saw its turnover increase by 13% to £67.6m for the year ended 31 December 2003, against £59.9m in 2002. Pre-tax profit increased by 2% to £9.3m.
Conlan added that, after a tough year for hospitality operators in general during 2003: "We believe prospects for 2004 are more encouraging than they have been at any other time."
