Focus on food boosts f&b salaries in London hotels

The boom in fine dining in London, which now boasts 55 Michelin starred restaurants, has helped push salaries for food and beverage professionals in city hotels up by 25% over the past year.

According to a new survey by HVS Executive Search, the salary hike comes as the capital’s hotels place increasingly more emphasis on food and drink revenue, alongside that of rooms. Read More »

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Horizons urges pub sector to compete with high street restaurant chains

Pub operators need to think beyond traditional pub food and compete head-on with high street restaurant chains in order to secure their survival into the future.

Pubs, under pressure from falling drink sales, are increasing looking at food as a way of boosting revenues. However, Peter Backman, managing director of foodservice consultancy Horizons, told the audience at a Travel & Leisure Conference, organised by investment bank Numis Securities in London earlier today, that while the pub food market was heading for saturation, there was still growth opportunities in the UK for mid-market, quick service and casual dining restaurants serving cheaper food, more quickly. Read More »

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Not enough has been done to encourage women into the boardroom, says HVS Executive Search

While many companies in the hospitality sector are beginning to boost the number of women at senior level, much more still needs to be done to encourage and fulfill the boardroom ambitions of female senior managers, according to leading global executive search company HVS Executive Search. Read More »

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Shopping malls are becoming must-have locations for eating out brands

Operators of fledgling restaurant, café and quick service chains are increasingly looking to shopping malls as must-have locations as the UK’s latest malls become showcases for established eating out concepts as well as the market’s emerging brands.

Lesser-known restaurant brands are regularly appearing in shopping malls alongside more established names such as Wagamama, Café Rouge and Nando’s, as operators are attracted by the high volume of customers in malls, seven-day week opening, long opening hours and the captive market. Read More »

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Trading improvement boosts hotel values, says HVS London

Improved trading performance has boosted hotel values across Europe by 2.3% to an average of €220,000 per room, according to the latest Hotel Valuation Index (HVI), published by global hotel consultancy HVS London.

The annual HVI, which has analysed changes in upscale hotel values across 33 European cities since 1993, attributes the rise to strong trading performance in the region in the early part of 2011, rather than improved investor sentiment. Read More »

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HVS Executive Search announces two senior appointments

Chris Mumford

Dave Mansbach

Global executive search specialist HVS Executive Search has announced the appointment of two senior executives within the business. Read More »

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Hotel transactions on the up as improved trading performance brings investors back to the sector

Total European hotel transaction volume rose to €7.1 billion in 2011, an increase of 9% on the €6.5 billion recorded in 2010 indicating that investment activity in the hotel sector is improving, despite the continuing scarcity of debt funding.

However, according to the annual European Hotel Transactions report, published this week by HVS London, total volume remains well below the 2006 peak of €20 billion and the 10-year average since 2002 of €9.9 billion. Read More »

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Entries sought for UK Sommelier of the Year 2012

The Academy of Food and Wine Service (AFWS) has this week launched its 2012 UK Sommelier of the Year competition and is seeking entries from sommeliers and wine waiters keen to test their knowledge and skills in this prestigious event. Read More »

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Host unveils new-look management team

Host Contract Management has announced several new appointments to its senior management team, strengthening the company’s national sales and operations functions. Read More »

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Thomas Mielke becomes associate director at HVS Executive Search

Global executive search specialist HVS Executive Search has announced that Thomas Mielke has been appointed an Associate Director, joining the company’s Partnership Track programme. Read More »

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