Yearly Archives: 2010

Academy launches search for 2011 UK Restaurant Manager of the Year

The Academy of Food and Wine Service (AFWS), the UK’s professional body for front-of-house staff, is inviting the nation’s top restaurant managers to enter its 2011 UK Restaurant Manager of the Year competition. The competition, supported by Hospitality Benchmark through the National Skills Academy for Hospitality, the Savoy Educational Trust and sponsored by OpenTable.com, seeks […]

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Discounting is damaging brands, says Horizons

Charging the full price for a meal out will become more difficult for restaurant and pub operators as diners become increasingly accustomed to discounts through of the widespread availability of money-off vouchers. This was one of the key messages to an audience of leading foodservice operators and suppliers at a Breakfast Briefing held in London […]

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Bill Toner joins Host as non-exec chairman

Bill Toner, the former chief executive of Aramark UK, is to join Hampshire-based Host Contract Management as non-executive chairman with immediate effect. Scottish-born Toner is one of the most respected names in the UK’s foodservice sector becoming one of the first operators to join forces with high profile chefs such as Gordon Ramsey and Gary […]

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London hotels lead the way to recovery, says HVS

London hotels have experienced such strong trading in 2010 that the city is now one of Europe’s strongest performers in the race for recovery, according to a new report from hotel consultancy HVS London. Hotels in the capital are expected to achieve an average year-on-year increase in revenue per available room (RevPAR) of around 15% […]

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Cost of eating out rises 5% year on year, says Horizons

Eating out in the UK is becoming increasingly expensive as new figures show that a three-course meal in a restaurant will now set you back £21, a rise of 5% over the past 12 months. The price of dining out in a pub has risen even more steeply at 5.6% year-on-year – a three-course pub […]

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Academy of Food & Wine Service announces the winners of the 2010 Awards for Excellence

David Galetti, head sommelier at Le Gavroche, London, has been announced as this year’s winner of the Academy of Food & Wine Service (AFWS) Dalmore Award for Excellence.

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Hotel market valuations must factor in upturn, says HVS

Hotels valued using traditional valuation methods that don’t account for an upturn in the market and an owner’s ability to refinance with improved credit facilities are potentially being undervalued by as much as 15-20%, according to hotel consultancy HVS.

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The Savoy under pressure as luxury competition intensifies

This weekend [10.10.10] saw the re-opening of The Savoy in London following its £220m refurbishment. Below are some comments from Russell Kett, managing director of hotel consultancy HVS, London.

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Budget hotels dominate European development as investor interest grows, says HVS

As the hotel market starts to recover across Europe but credit for new development remains scarce, budget and limited service hotels will continue to be the dominant sector for investment, accounting for a greater proportion of new projects than more upmarket hotels, according to a new report from hotel consultancy HVS and construction consultancy Davis […]

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Horizons’ research questions value of discount vouchers

Latest QuickBite research from market analyst Horizons shows that restaurants could be wasting their time and money issuing discount vouchers as the majority of consumers (55%) don’t base their decision to eat out on the availability of a money-off deal, while only 17% of consumers even use discount offers or vouchers. Some 25% of diners […]

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