Property law

Official data: insolvencies were up in the 12 months to May 2024 (image: Getty/Kanizphoto)

Industry insolvencies soar by 20%

By Nikkie Thatcher

Insolvencies in the hospitality sector increased by a fifth (20%) in the 12 months to May 2024, official figures found.

Opinion: Aiden Smith (pictured) shares his thoughts on the current economic challenges faced by pubs

OPINION

OPINION: Innovative financing 'imperative' for pubs

By Aiden Smith, licensee of the Chequers, Milton Keynes

There are three main areas to the successful operation of a public house, those being ownership, location and offering, including price, food and events etc.

Data analysis: pub and bar company insolvencies increased by 30% in the year ending 30 April (image: Getty/Alexander Sanchez)

Pub and bar insolvencies soar by 30%

By Felicity Giles

The amount of insolvencies of pub and bar companies has increased by almost a third (30%) as 784 were lost in the past year.

Pledges made: the Conservative party has laid out its manifesto ahead of the upcoming general election on 4 July (image: Getty/Abdullah Durmaz)

UKH welcomes biz rates reform pledge

By Nikkie Thatcher

Trade body UKHospitality (UKH) has welcomed a pledge in the Conservative party’s election manifesto that claims it will commit to fixing the ‘unfair burden of business rates’ for hospitality firms.

Property: This week's round-up features Star Pubs & Bars, Flight Club, M&B, Arc Inspirations and more

PROPERTY ROUND-UP

Star operator takes on third lease

By Rebecca Weller

This week's property round-up features investments from Star Pubs & Bars, Flight Club, M&B, Arc Inspirations and more.

Tentative optimism: hospitality closures slow (Credit: Getty/ Richard Drury)

Closures down by half in Q1 2024 vs 2023

By Rebecca Weller

Closures across the hospitality sector slowed from eight sites a day in 2023 to four a day in the first quarter of 2024, figures from CGA by NIQ and AlixPartners has revealed.

Unstable climates: NTIA shares concern as nightclub closures rise (Credit:Getty/allanswart)

NTIA shares 'concern' as nightclub closures rise

By Rebecca Weller

More than 190 night-time economy (NTE) firms went into administration between April 2023 and March 2024, data from the Night-Time Industries Association (NTIA) has revealed.

Milestone: Little Door & Co to open fifth site (Pictured: Kamran Dehdashti and Jamie Hazeel)

Little Door & Co to open 'milestone' fifth site

By Rebecca Weller

London-based house-party inspired late night bar and restaurant concept, Little Door & Co., has announced it will open its “milestone” fifth bar this summer.

Alarming rate: number of NTE firms in the UK drops by 15.5% (Credit: Getty/SolStock)

Number of NTE firms drops by 'staggering' 15.5%

By Rebecca Weller

The number of night-time economy (NTE) businesses in the UK has dropped by a “staggering” 15.5%, new research from Night-Time Industries Association (NTIA) has revealed.

Business landscape: the figures looked at the closures in the sector last year (image: Getty/Anukoon Supawong)

194 pubs lost forever in 2023

By Nikkie Thatcher

Some 194 pub buildings were lost due to conversion or demolition last year, new figures have found.

New horizons: Two exciting sites open in the capital and there are also openings elsewhere

PROPERTY ROUND-UP

New bars open in the capital

By Amelie Maurice-Jones

An Italian seafood bar is set to open in the capital, while a Welsh pub reopens under new ownership and Inception Group launches a new site.

Property refurbs: this week's round-up features Brotherhood, Shepherd Neame and Inn Collection Group

PROPERTY

Brotherhood bars invests £500k into refurb

By Rebecca Weller

This week's property refurb round-up includes investments from sports bars operator Brotherhood, pub with rooms brand Inn Collection and Shepherd Neame.

Stop the rot: BBPA urges Gov to secure sector's future as 509 pubs shut in 2023 (Credit: Getty/ dmbaker)

More than 500 pubs closed in 2023

By Rebecca Weller

More than 500 pubs closed their doors for good last year, data from the British Beer & Pub Association (BBPA) has revealed.

Fleurets Survey of Pub Prices January 2024: pub numbers expected to continue declining (Credit: Getty/onfilm)

Number of pubs expected to decline in 2024

By Rebecca Weller

The total number of pubs in the UK will “continue to decline” as more than a third of freehold sites sold in 2023 no longer operate as pubs, according to the Fleurets Survey of Pub Prices January 2024.

Finding more ways to prosper: Professor Victoria Wells

OPINION

Pubs have had to diversify to survive

By Victoria Wells, Professor of Sustainable Management School for Business and Society, University of York

As a pub researcher I’m almost always given pub (or beer) related gifts for Christmas and birthdays – Christmas 2023 was no exception.

Sector review: the landscape is leaner but it is more balanced argues Christie & Co's Stephen Owens

OPINION

Where have all the pubs gone?

By Stephen Owens, managing director – Pubs & Restaurants, Christie & Co

It seems hardly a day goes by without the media commenting on the rate of pub closures or the rising price of a pint.

The Carpenters Arms pub Eastling Kent under new ownership

PROPERTY ROUND UP

Trio takes on Shepherd Neame pub

By Amelie Maurice-Jones

Three friends have come to the helm of a Shepherd Neame pub, while another venue has launched a fish & chip shop as operators expand their estate.

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Property of the week

BERKSHIRE - RENOVATED PUB WITH FOUR LETTING BEDROOMS

- Leasehold

Village position close to Reading and Newbury Extensively renovated public house Bar, conservatory, snug and function room (80-90) Four en suite letting bedrooms Two bedroom owner/staff accommodation Part-covered trade garden...

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