Archives for January 17, 2023

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Inception Group & Arc launch sites

Inception Group & Arc launch sites

By Amelie Maurice-Jones

Inception Group and Arc Inspirations are planning to launch Mr Fogg's and Manahatta sites respectively, as Punch ploughs £340,000 into a pub and a city pub is let to Berkeley Inns.

Hospitality vacancies fall by 5.5%

Hospitality vacancies fall by 5.5%

By Amelie Maurice-Jones

There were 149,000 empty job roles recorded in the accommodation and food service activities sector from October to December 2022 – a drop of 5.5% from the previous quarter.

Oakman eyes £5.3m shareholder raise

Oakman eyes £5.3m shareholder raise

By Nikkie Thatcher

Multiple operator The Oakman Group is looking to raise £5.3m from shareholders, it revealed in a half year trading update to Sunday 1 January 2023.

Revolution to make winter closures as lfls fall

Revolution to make winter closures as lfls fall

By Gary Lloyd

Revolution Bars Group has reported its like-for-like (lfl) sales fell by 9% for the Christmas period versus 2019 – the last time results were not affected by Covid – adding it will close sites on Mondays and Tuesdays.