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...The majority owner of Motel One Group has taken full control of the budget hotel chain in a transaction that values it at €4.1bn, the latest sign of a return to dealmaking in the hospitality sector following...
...Chadha’s investment group KRC Capital did not immediately respond to requests for comment....
...InterContinental Hotels Group aims to double its portfolio in Germany to more than 200 hotels by 2028, through a 30-year franchise agreement with the country’s largest family-run hotel operator Novum Hospitality...
...After being let go by a higher education establishment, a group of scientists launch their own venture combining consultation and pest control. 4....
...The catering and hospitality sector is renowned for long hours, low pay and high pressure....
...The deal is the latest in a recent wave of private equity groups returning to the hospitality and leisure sector....
...But the CEO of the EHL group otherwise epitomises its modernisation....
...In trading updates in recent weeks, Fuller’s and Marston’s, two of the UK’s biggest listed pub groups have both reported strong Christmas performances well ahead of last year....
...Express brand in collaboration with Oaktree Capital-backed luxury hospitality group Arsenale....
...I wander outside and look for the nearest group of people queueing. It doesn’t take long to find one. This early in the day it can only mean one thing: freshly baked bread....
...“That more celebratory, participatory kind of drinking is trending,” says Tyson Buhler of US hospitality drinks group Gin & Luck. “Get guests involved and it helps everyone let their guard down.”...
...The Resolution Foundation said the research showed the contracts carried “real costs for some workers” who faced “lower wages and a smaller pension, as well as the insecurity and volatility they can bring...
...Popular and well-subscribed days have a lower tariff (supply) while unpopular and less well-subscribed days have a premium price (demand). Just like airline seats....
...“It’s always the mid market that suffers in these situations,” said Paul Newman, head of leisure and hospitality at audit firm RSM UK. “Top-end, experience-led restaurants are doing well.”...
...“Israel has also not done enough to protect civilians....
...“We’re sorry we didn’t see it coming more than we have done, we’re adjusting to it, we’ve recalibrated now [and] we’re on for our long-[term] plan,” Duffy told analysts....
...Those mulling a punt on Cipriani’s new €500mn club venture will hope the high-end Italian hospitality group performs better than New York-listed rival Soho House....
...The annual study uses data from groups representing record labels, artists and publishers....
...Growth was particularly strong in healthcare, leisure and hospitality, and construction, as well as in government jobs....
...Osteria San Michele, the restaurant, is open to the public, and draws them from far and wide (Villa Lena has done sustainable agriculture from the beginning, and the meals are beautifully plated as well...
...It has a new chief executive in the form of the well-respected Ken Gilmartin. But investors have long memories, argues Jefferies analyst Mark Wilson....
...“It feels eye-watering,” says Robin Hutson, a veteran hotelier who started working at The Savoy and went on to found the Hotel du Vin and Pig chains, as well as the Lime Wood Group....
...Edward Cole is head of multi-strategy equities at Man Group. In physics, the more momentum an object has, the harder it is to stop....
...The report hit the New York-listed group’s share price. The Groucho Bretton will also have 40 hotel rooms accessible to non-members....
...Manufacturing: Goodfellow Simon Kenney, chief executive of Goodfellow, said his Cambridge-based company was growing well but had faced “a turbulent environment over the last few years”....
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