Financial Results
Revolution Bars to close 18 sites under proposed restructuring plans
Revolution Bars has announced plans to restructure the business through an emergency fundraising backed by Luke Johnson and the launch of a formal sale process.
The Breakfast Club focusing on expansion as turnover rises
The Breakfast Club restaurant chain has said it is focusing on expansion after a restructure of costs led to a “significant improvement" in its financial performance.
Revolution Bars' shares suspended from trading with future uncertain
Travelodge revenue exceeds £1b for the first time
Soho House executive chairman: 'It’s hard to read that we aren’t profitable'
Hyatt announces 17% revpar boost in full-year results
Accor breaks €1b EBITDA mark with record full-year results for 2023
Accor has reported €1b EBITDA for the first time in its history driven by “solid demand”[...]
PPHE optimistic 2024 will be another 'strong year'
PPHE Hotel Group has yet again upgraded its expectations for its full-year financial results, stating it[...]
Wetherspoon’s reports 10% rise in like-for-like sales
JD Wetherspoon’s has reported like-for-like sales 10.1% higher than the same period a year ago for[...]
Pho eyes expansion as performance ‘buoys confidence’
Vietnamese restaurant group Pho is eyeing continued expansion after seeing turnover increase by more than 30%.
Gleneagles sees rise in turnover as multimillion-pound refurbishment continues
Gleneagles hotel saw a rise in turnover last year as it continued its multimillion-pound refurbishment programme."
Richard Caring’s restaurant empire reports strong revenue growth
Richard Caring’s Caprice Holdings, behind restaurants including Scott’s Mayfair, Sexy Fish and J.Sheekey, saw turnover jump by 71% in 2022 as it returned to profit for the first time since the pandemic.
Shepherd Neame records ‘record revenues’ despite ‘challenging economic conditions’
Pub operator and brewer Shepherd Neame has recorded record revenues in the year to 24 June 2023, despite “challenging economic conditions”.
Brighton Pier Group reports ‘lower than expected’ sales
Brighton Pier Group has announced a decline in total revenues due to “ongoing inflationary pressures” in[...]
Whitbread reports 'outstanding' Q1 for Premier Inn
Premier Inn has reported “outstanding” Q1 performance with UK accommodation sales up 18% compared to the[...]
Young’s reports 19.4% revenue boost despite cost headwinds and rail strikes
Despite a year of inflationary cost pressures and rail strikes, pub group Young’s has reported revenues[...]
PPHE Hotel Group 'confident' as trading nears pre-pandemic levels
PPHE Hotel Group has said it is “confident” in its financial performance as total room revenue[...]
Tortilla 'enthusiastic' about year ahead following rise in revenue
Fast-casual Mexican restaurant group Tortilla has announced that 2022 was a year of “significant growth”, with the chain reporting a 20% boost to group revenue."
UK’s top restaurant groups still in 'danger zone' despite profit bounce
The UK's top 100 restaurant groups have returned to profitability after four years of losses but remain in a "danger zone", an accountancy firm has warned.
Soho House lowers revenue forecast
Soho House parent company the Membership Collective Group (MCG) has lowered its revenue and earnings targets “mostly reflecting headwinds from FX and Hong Kong”.
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