Punch Pubs & Co’s move to convert leased and tenanted pubs to its managed division has been cited as the “predominant driving force” for a 10.2% lift in revenue in its trading update for the 52 weeks ended 13 August 2023.
Star Pubs & Bars has revealed a new look for its flagship site in Cardiff, Wales, following a £1.4m renovation project, its biggest single investment this year, and plans to plough a further £730k into Welsh venues.
The Morning Advertiser takes a deep dive into current trends in the property market. Cash is king and buyers are seeking honeypot locations and multiple income streams, while many are staying clear of borrowing from banks.
Kickstarting the latest series of The Morning Advertiser’s Drinks Masterclass, we've looked at trends within the wine category and how operators can “stand out from the crowd” to encourage consumers to explore wine lists and boost sales.
By Kamran Dehdashti and Jamie Hazeel, founders, Little Door & Co
In the current economic climate, many hospitality businesses are finding the conditions tougher than ever – margins are being squeezed across the board, and revenue is less reliable and consistent than before.