Category: Hotels
London slowdown indicated by Fuller’s numbers. Statistical blip or the end of an era? Likely neither…
London pubs, bars & restaurants in 60 seconds…. London trading has been great. It might be getting a little less so. Recently: LfL sales have been chugging along at 4%, 5%, 6%… Whilst extremely positive, capacity has been increasing, new units have been going on New entrants (vibrant, innovative, relevant) are opening units apace Occupancy…
Euro 2016: Blessing or Blight….
Football benefits wet-led pubs. For virtually all other operators, it’s a negative Pubs: Wet led pubs perform strongly over football tournaments, food led units do not. Sports-led units will clearly perform well. Chameleon bars run the risk of alienating both groups of customers. Hence it’s not just a case of plugging in ‘football’ and getting…
New Entrants, Blessing or Blight….
New entrants keep markets fresh – but they cause problems for incumbents. Restaurants, bars, hotels, you name it: Bars, restaurants: o Peach Tracker shows total sales > LfL by c3%. That’s the impact of new capacity o Some will be new entrants & others will be incumbents bulking up o But the latter can lead…
London Hotels, further evidence of a slowdown:
Background: Whitbread, STR etc. say the London market has deteriorated This is a supply, rather than a demand issue – see earlier Langton emails Other leisure operators are interested in the volume of hotel visitors Bed/night prices could soon be on the slide More evidence: Latest HVS/AlixPartners Hotel Bulletin reports ‘the UK’s hotel market saw…
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