Category Archives: Hospitality industry

AllBright, London’s women-only members’ club, enters administration

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The networking and events business struggled with ‘rising rents’ and the aftermath of the pandemic

AllBright, the women-only members’ club with a five-storey townhouse in Mayfair, London, has entered administration, the Guardian can reveal.

The networking and events business – which was co-founded by the Telegraph Media Group’s chief executive, Anna Jones, and the co-chair of the Invest in Women Taskforce, Debbie Wosskow – emailed members last week to say it was closing the doors of its building just off Regent Street.

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Hospitality firms ‘to incur £1bn costs from employer NICs on 774,000 more workers’

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Industry body says businesses and jobs at risk unless Rachel Reeves’s tax changes delayed or altered

The hospitality industry will incur an extra £1bn of costs for 774,000 of its workers who will be newly eligible for employer national insurance contributions from April, endangering jobs and businesses, a leading industry body has claimed.

UKHospitality, which represents thousands of restaurants, hotels, pubs, cafes and nightclubs, is calling on the government to delay or alter changes to the tax announced in Rachel Reeves’s October’s budget in order to protect jobs.

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Italy seeks to protect restaurants and hotels from fake and paid-for reviews

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Under draft law, online reviewers would have to provide ID and proof that they visited the place in question

The Italian government is seeking to clamp down on fake and paid-for online reviews in an effort to protect the country’s hotels, restaurants and tourist attractions from misleading and damaging content.

Under a draft law announced this week, which still needs to be approved in parliament, anyone wanting to write an online review would be required to provide verifiable ID and proof that they visited the place in question.

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Justin Hemmes’ Merivale to pay $19.25m to ex-staff who allege they were underpaid

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But the Sydney hospitality giant, which operates more than 90 bars, restaurants and hotels, didn’t admit any liability in relation to the claims

Sydney pub baron Justin Hemmes’ company has agreed to pay millions to ex-employees who alleged they were underpaid, but did not admit any liability in relation to the claims.

Merivale has agreed to pay $19.25m to settle the lawsuit which was approved in the federal court on Friday, after five years of legal arguments and closed-door negotiations.

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UK hospitality group Loungers to be bought by US firm for £338m

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London-listed company strikes deal with Fortress Investment Group, although shareholder approval needed

The cafe bar business Loungers has agreed to be bought by a US investment group in a deal that values it at about £338m.

Fortress Investment Group said it had made an offer for the UK hospitality group through a newly formed investment vehicle.

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Wetherspoon’s boss warns of pub price rises as result of Labour budget

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Tim Martin blamed increases to the minimum wage and employers’ national insurance contributions

Pubgoers should expect prices to go up as a result of Labour’s first budget in 14 years, the politically outspoken boss of Wetherspoon’s, Tim Martin, has said.

Speaking as the hospitality chain announced record quarterly sales, Martin pinned the blame for an expected increase in pubs’ costs on the chancellor, Rachel Reeves, whose economic “pedigree” he has previously praised.

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More than meatballs: Ikea opens its first UK standalone restaurant in London

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Diners hail ‘great price’ of dishes at Swedish furniture chain’s food outlet next door to its Hammersmith store

Its meatballs are as famous as its flatpack furniture, with a meal in one of its restaurants often the highlight of an Ikea trip.

Now shoppers can enjoy an Ikea meal without lugging around their kitchen sink – literally – as the furniture company has opened its first standalone restaurant on the UK high street in King Street in Hammersmith. Located next door to its west London city store, the space seats 75 people and serves a range of Swedish dishes.

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‘It’s desperation’: Ireland’s restaurant industry facing crisis with daily closures

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Rise in VAT, inflation and people working from home has led small business owners to demand government support

Blazing Salads, Dillingers, Assassination Custard and Brasserie Sixty Six in Dublin, Church Lane and Sage in County Cork, and Barnacles in Galway.

These are just some of the most recent additions to the list of more than 600 restaurants that have been forced to close in Ireland in the last year in what is being seen as a growing crisis for the country’s high street and tourist offering.

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Premier Inn owner Whitbread ramps up cost-cutting plans as tax rise looms

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Firm’s profits fall 22% and demand slows, with hospitality sector bracing for employer tax increase in budget

The Premier Inn owner, Whitbread, is ramping up its cost-cutting programme amid slowing demand, as the hospitality sector braces for a widely expected employer tax rise in this month’s budget.

The company, which owns the Beefeater and Brewers Fayre restaurant chains as well as the UK’s biggest hotel brand, said its total revenues had been flat at £1.57bn in the six months to 29 August, while profit before tax fell by 22% year on year to £309m.

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Waiter! Soho’s cafe society confused after law changes on tipping

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Staff should now receive every penny paid in tips – including service charges

Whoever said it’s better to give than to receive wasn’t talking about tipping. Waiters around the UK should be starting to receive a £200m-a-year bonanza thanks to a new law that means every penny paid in tips, including service charges, on a restaurant bill will have to go to staff.

Yet exactly how much of the money will end up in servers’ pockets is unclear. The law was changed because some restaurants took service charges as part of their profits or to pay for overheads such as lighting.

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Spain logs record number of summer visitors amid overtourism protests

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Figure of 21.8 million international visitors to Spain is 7.3% rise on 2023, says national statistics institute

Spain logged a record 21.8 million international visitors this summer, official data has revealed, during a period when anti-tourism protests also took place across the country.

The figure is a 7.3% rise on 2023, the national statistics institute (INE) said.

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Starmer faces pushback from pubs over ‘bonkers’ outdoor smoking curb plans

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Hospitality industry expresses concern about impact on businesses of leaked proposals not denied by PM

Keir Starmer is on a collision course with the hospitality industry and political opponents after signalling plans for major curbs on outdoor smoking.

The proposals, not denied by the prime minister, would potentially prohibit tobacco use outside pubs and restaurants, including on pavements. The restrictions would come on top of existing plans to gradually outlaw smoking year by year.

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SafeWork NSW investigating Swillhouse hospitality group after staff allege harassment and discrimination

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High-profile Sydney bar and restaurant group issues public apology as award-winning bartender comes forward alleging workplace sexual assault

SafeWork NSW is investigating high profile Sydney bar and restaurant group Swillhouse after a series of allegations by staff of harassment, discrimination and unsafe workplaces.

A Sydney Morning Herald investigation this week alleged staff had experienced sexual assault and harassment and drug use within the group’s venues. A former Australian bartender of the year who worked for Swillhouse has publicly come forward as an alleged victim of sexual assault while working at the hospitality group.

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Wetherspoon’s boss Tim Martin praises economic ‘pedigree’ of Rachel Reeves

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Brexit supporter calls for new chancellor to ‘rectify tax inequality’ in hospitality industry

Tim Martin, the politically outspoken boss of the JD Wetherspoon pub chain, has praised the new Labour chancellor’s economic “pedigree”, as he called for tax changes to help the struggling hospitality sector.

Martin regularly publishes economic and political commentary alongside his company’s results and has previously voiced support for Brexit and Boris Johnson.

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Hawksmoor for sale in deal that could value restaurant chain at £100m

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Investment bank Stephens hired to find suitors for business, which wants to expand overseas operations

The high-end steakhouse chain Hawksmoor has been put up for sale in a deal that could value it at about £100m.

The restaurant chain has hired the investment bank Stephens to start looking for potential suitors for the business, which is hoping to expand its overseas operation.

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Restaurateur Jeremy King continues comeback with opening of the Park

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After losing his empire in 2022, the lauded host is opening a ‘new world grand cafe’ in London’s Bayswater

This month, Jeremy King will open the Park, an all-day restaurant in Bayswater. It is the second of three big 2024 openings for the lauded restaurateur, who was behind the heydays of some of London’s most celebrated restaurants such as Le Caprice, the Ivy and the Wolseley.

It follows the launch of Arlington in January, King’s modern reboot of Le Caprice, once a favourite with the stars from Diana, Princess of Wales to Mick Jagger. Later in the year he’ll be reviving another stalwart, Simpson’s on the Strand.

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Big Mac v Supermac’s: McDonald’s loses EU trademark fight

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Ruling by European court of justice ends 17-year legal tussle between Irish chain and global rival

The small Irish takeaway chain Supermac’s has won a David v Goliath court battle with McDonald’s over the use of the Big Mac trademark, paving the way for it to open outlets across Europe.

The ruling also means the US-founded fast food multinational has lost the right to use the name “Big Mac” in the EU in relation to chicken burgers.

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European cities hope jet-setting Taylor Swift fans will splash the cash for Eras tour

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The superstar arrives in Europe next month – and Swifties, tourist boards and venues are already preparing

Tim Brown, 44, and his wife, Marcella, 34, may not consider themselves bona fide “Swifties”, but when it was announced last June that Taylor Swift would be visiting their corner of the globe this summer they could not resist joining the scramble for a pair of tickets.

A post-pandemic appetite for live music events has fuelled huge worldwide interest in the American singer-songwriter’s Eras tour, which surpassed in $1bn sales in November to become the highest-grossing series of concerts in history.

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London restaurant chain bans diners from using card payments to tip staff

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Ping Pong introduces 15% ‘brand charge’ months before new law will ensure workers get full share of tips

A London restaurant chain has banned customers from paying a tip by card and introduced a “brand” fee instead, just three months before new legislation makes it compulsory to give all tips to staff.

Ping Pong, which operates five dim sum outlets in the capital, said the new optional 15% charge would go towards “franchise fees and other brand-related expenditure”, and replace a 12.5% service charge, 90% of which went to staff.

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Desperate Egypt sells off historic hotels as it dives deeper into debt

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Amid biting austerity and rising inflation, the al-Sisi government is off-loading assets – some to a convicted murderer with Emirati cash

As dusk fell over the verdant grounds of the Marriott Mena House hotel, the reflection of the Great Pyramid of Giza grew darker in a pool built to reflect the last of the seven wonders of the world.

A band played a smooth jazz rendition of the Eagles’ Hotel California on the grassy lawns as guests assembled for dinner, while the staff attempted to project a sense of business as usual, despite the hotel’s recent acquisition by an infamous Egyptian real estate tycoon, Hisham Talaat Moustafa, and two powerful Emirati conglomerates.

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