Sodexo launch ‘Rise with Sodexo’, to support clients meet the health, operational and confidence challenges resulting from reopening workplaces post the global Covid-19 pandemic. As organisations plan for a new ‘normal’, it is essential that employees, customers, and visitors feel safe within a workplace and cared for when working remotely. Consumers want the … [Read more...]
Archives for May 2020
Increased support for pubs
Greene King Pub Partners is making a multimillion-pound investment in financial support for its tied tenants to help them through the COVID-19 crisis. The investment is ongoing and now sees rent reduced by 90% for all tied pubs from 11 June until they can legally reopen. The 90% concession will continue during the first four weeks that a pub can legally reopen and then remain … [Read more...]
Gordon Ramsay seeks liquidity
Gordon Ramsay has been working with banks to secure the future of his restaurant business from the ongoing impact of Covid-19, according to various reports in financial media today. The reports are mixed but focus on Ramsay registering charges with Barclays against sixteen parts of his diverse restaurant empire. The loan charges include the companies that run his … [Read more...]
QSR shoots of recovery
As restaurants all over the UK continue to look for some good news, the first shoots of recovery are emerging. QSR restaurants are slowly reopening outlets to test the waters. As travel restrictions are eased and people encouraged to return to work, motorway service stations are one of the first to open doors. QSR shoots of recovery - travel network Moto’s reopening … [Read more...]
Covid-19 Foodservice combat milestones
Covid-19 has almost brought UK foodservices to a grinding halt. However, like phoenixes rising from the ashes, foodservice operators forced to grapple with an ever changing situation, have adapted, evolved, and innovated. I recently read the line “entrepreneurship is not a destination it’s a journey.” And with journeys, there are always setbacks, but these are … [Read more...]
New Covid-19 Housekeeping Standard
The UK Housekeepers’ Association (UKHA) has today announced the launch of a new ‘Housekeeping COVID-19 Secure Standard’, developed through a strategic partnership with Umbrella Training. The standard has been designed to provide an industry-wide approach to cleaning, offering a clear process for housekeepers and accommodation managers to follow - in line with Government … [Read more...]
Casual Dining Group files for administration
Casual Dining Group operates circa 250 restaurants including many of the high streets best known casual dining brands. On Monday 18 May a notice of intention to appoint administrators was filed to buy some time in protecting the business from creditors. Casual Dining Group operates Bella Italia, Belgo, Café Rouge, Huxleys, Oriel and Las Iguanas. Filing to work with … [Read more...]
Boparan to acquire Carluccio’s
Ranjit Singh, the founder of 2 Sisters Food Group, is set to buy Carluccio’s through Boparan Restaurants. The potential acquisition would be through the administration process Carluccio’s is in, and if the deal goes ahead it would save about 900 jobs. Boparan Restaurants already owns a number of well-known casual dining brands, so the fit looks like a good … [Read more...]
Covid-19 Pub cleaning
When it comes to COVID-19 pub cleaning, good hygiene and cleanliness is the best line of defence. At TWO Services, we provide reactive and preventative sanitise cleans for COVID-19 outbreaks in pubs. Pub cleaning Covid-19 -fogging Keeping surfaces clean is extremely important to protect the safety of building inhabitants. Our fogging system is a quick and easy way to … [Read more...]
Light touch for airlines in transition
En Route International has a launched a new range of ‘light-touch’ snacking and meal solutions for airlines - supporting the transition back to normal schedules post COVID-19. Each food solution is designed to support a fast, efficient crew service with minimal handling or customer contact required. The range is made up of a vast array of food boxes that offer airlines … [Read more...]
Hospitality profit warnings soar
FTSE Travel & Leisure companies have issued 54 profit warnings to date in 2020, equating to over two years’ worth of warnings. This figure is six times the number compared to the same period last year when nine were recorded. Profit warnings issued by quoted travel and leisure businesses this year have cited being exposed to the impact of national lockdowns … [Read more...]
CH&CO completes liquidity position
CH&CO has completed a refinancing and fundraise with its existing lenders and shareholders. The fundraise, when combined with the facilities provided by the lenders, ensure the group has a strong and sustainable liquidity position to support the business as it exits lockdown and builds back up over the months ahead. CH&CO completes liquidity position - Management Team … [Read more...]
Hilton China fully open
Hilton have resumed operations across all of its 150 hotels in mainland China. Qian Jin, Area President, Hilton Greater China, and Mongolia said on re-opening: “I am thrilled to announce that all Hilton hotels in Chinese Mainland have officially resumed operations”. Each and every hotel has implemented strict anti-epidemic measures to ensure the health and safety of guests … [Read more...]
German restaurant’s French chef tells Chinese diners they’re not wanted
Restaurant receives backlash from Chinese racism post on Facebook. Düsseldorf, Germany is home to a large Asian population, including Chinese and has the biggest Japanese community in Germany. It is also home to Im Schiffchen, a restaurant close to the Rhine River that is reopening as part of the government's relaxation on Covid-19 restrictions. The restaurant enjoys a good … [Read more...]
Compass well received to raise $2 Billion
Bloomberg are reporting that Compass Group are looking at a new share issue to increase liquidity in the business to further combat the impact from Covid-19. For the world’s biggest catering services provider employing 600,000 people, the impact from Covid-19 has hit hard. It has seen the company’s share price fall circa 40% this year so far. About 55% of its … [Read more...]