Oakman Group Plc (“Oakman”) announces that it has filed accounts for the financial year ending 2 July 2023. Over this period, sales rose by over 6% from £54.4m to £57.8m and EBITDA was £1.8m. Oakman also reports a strong end to the first half of financial year 2023/24 with sales over the Christmas trading period showing […] More
With 2023 already consigned to history as the year of tourism recovery, the hospitality industry, starting in 2024, now finds itself facing a scenario where actors who began making waves a few years ago are now consolidating their positions. This year, we will witness a significant transformation in how the sector connects with its guests […] More
The hospitality industry accounted for 12% of administrations in 2023 – the third highest sector in the UK – according to analysis by full-service law firm Shakespeare Martineau. A total of 1,641 businesses, 190 of which came from the hospitality industry, filed for administration last year – marking a 22% increase compared to 2022 and […] More
École Ducasse Paris Studio has launched its new courses for 2024, offering an exceptional culinary experience for all gastronomy enthusiasts. Located near the centre of Paris, this celebrated institution has become a must-visit discovery centre for the culinary arts, and École Ducasse welcomes a diverse clientele throughout the year with its specialised culinary workshops that […] More
NEW RESEARCH REVEALS HOW NORTHERN CITIES OF NEWCASTLE, CHESTER & LIVERPOOL LEAD RESILIENCE IN HOSPITALITY INDUSTRY AMID HUGE CHALLENGES: In a year marked by the cost of living crisis and escalating business rates, hospitality vendors in the North have demonstrated growth and resilience over the past year, averaging 7.2% sales growth. New research conducted […] More
Zeus International Hotels and Resorts has acquired two hotels, in Milan and Thessaloniki, as well as an office block in Athens in one of the portfolio’s largest acquisitions to date. This strategic announcement is part of the group’s ongoing expansion into privately owned hotels in Greece and Europe, as well as managing properties under long-term […] More
Opening in December 2024, the Grade II listed hotel will offer a luxurious, laid-back escape January 2024 – Visionary British hospitality brand, The Signet Collection is excited to announce that they have purchased The Deans Place Hotel, a Grade II listed four star hotel dating back to the 14th century. The property will open in […] More