News

Older News

• 

  Hospitality and culture leaders call for 'massive' changes to Brexit deal

  Monday, October 30, 2023

  Politicians should now set ideology aside, and take practical steps to facilitate the trade relations with the European Union and boost Scottish hospitality in return
  Leaders also said they want visa exemptions for touring artists to be lifted and insisted it must become simplier and cheaper for Scottish artists to work in the EU.
  Reducing VAT and providing fiscal incentives to companies and wealthy individuals that favour the cultural activities have also been discussed.

• 

  Tourist tax under scrutiny as Edinburgh's festivals request exemption

  Wednesday, October 25, 2023

  Holyrood's Local Government, Housing and Planning Committee began examining the plans on Tuesday with an announcement that councils could start charging for a fee on
  overnight visitors.
  David Weston, chairman of the Scottish Bed and Breakfast Association, warned that the charges - as they now stand - could "skew the way it behaves."

• 

  Warning that £864m hospitality bill will be "final nail in coffin"

  Monday, October 23, 2023

  Hospitality industry could face a 'staggering' bill of £864million next April, UKHospitality has warned.
  "Clobbering high streets, retail parks, office blocks and logistics firms with these sky-high rises will create a significant blow to the economic recovery that everyone wants to see." - Simon Green.
  Figures from the Office for National Statistics (ONS) showed the consumer price index (CPI) was a paltry 6.7% in September, above the 6.6% expected by most economists.

• 

  Challenging year' leads to erosion of Rick Stein's profit margin

  Wednesday, October 18, 2023

  In its latest accounts for the three months to 1 January 2023, the group recorded an increase in revenues to £12.5m from £11.7m a year earlier
  Rick Stein's hospitality empire was in danger of slipping into bankruptcy in 2022 as visitor numbers in Cornwall plummeted and costs spiralled.
  The Cornwall-based company has a portfolio of restaurants and cafes including its flagship The Seafood restaurant.

• 

  Hotel chocolate 'on front foot again' amid strong sales at new UK stores

  Wednesday, October 18, 2023

  The chief executive of Hotel Chocolat said the company is on the "front foot" amid strong trade in its UK stores ahead of Christmas
  Hotel Chocolat is back in the game after a record-high level of turnover from the chocolate retailer's new stores in the UK, the firm's bosses say.
  In its latest update, the company recorded a loss and revenue decline during its full-year to July, but struck an optimistic tone among shareholders.

• 

  Leading Scottish Hotel Crieff Hydro Introduces Brand New Spa Academy

  Wednesday, October 18, 2023

  Spa Hotel and Resort Crieff Hydro has established a Wellness Academy intended to help get more people interested in hospitality
  Crieff Hydro has introduced a programme aimed at turning "first-time" beauty students as qualified massage therapists.
  Applications for the intensive course and the one year educational program launched this week ahead of the January 2024 launch.

• 

  Safestay buys former hostel in Edinburgh for £4.3m

  Wednesday, October 18, 2023

  Safestay (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, is pleased to announce that it has agreed to acquire a property of condominium value in downtown Edinburgh that was previously used as a hostel for £4.3 million in cash

• 

  Apollo owner buys Wagamama owner Restaurant Group for $623.4 million.

  Thursday, October 12, 2023

  Wishfully owned The Restaurant Group has approved a proposed takeover by private equity giant Apollo in a deal worth more than £700 million
  TRG owns the Wagamama chain, which operates Asian noodle restaurants, pubs such as brunning & price and some food concessions at airports and destinations in the UK with nearly 380 sites.

• 

  Restaurant spending hits hardest this year

  Wednesday, October 11, 2023

  Consumer electronics spending rose 4.2 per cent in September, well above the recent annual CPIH inflation rate of 6.3 per cent, but higher than the 2.8 per cent in August when the late summer sun boosted spending at stores.
  October is just around the corner: 44% of Britons say they plan to reduce discretionary spending in the months ahead to save money for the festive holidays, with food in restaurants the most common cut (60%).

• 

  Hospitality Rising reaches 250.000 job applications

  Monday, October 9, 2023

  The campaign - which is aimed specifically at younger workers, raising awareness of hospitality as a career-rich profession - has now reached more than 50% of people in the UK under the age of 30 and has reportedly raised £1 million in funds.
  More than 90.000 job vacancies are advertised to date at VIPs "bespoke job forum that has received more than 800.000 views.