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.

City centre venue: G-A-Y Late is set to shut next month (image: Getty/MicroStockHub)

‘Iconic’ LGBTQ+ venue to shut

By Nikkie Thatcher

Owner of G-A-Y Late Jeremy Joseph has announced the closure of the Soho venue, citing a number of external pressures as the reasons why.

Epic ineptitude: BrewDog CEO James Watt (pictured) condemns Durham council over opening of firm's new site in the city

James Watt accuses Durham council of 'staggering incompetence'

By Rebecca Weller

BrewDog’s James Watt has condemned Durham County Council for its “staggering display of incompetence” regarding the firm’s new site in the city, yet the council says it has worked "tirelessly" to help the Ellon-based firm.

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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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