IHG records revenue increase InterContinental Hotels Group, the company behind Holiday Inn and Crowne Plaza, has seen revenue per room surge by 66% in the third quarter, compared with the same period last year. Read more.

Frankie & Benny’s begins rebrand of certain sites The Italian American restaurant chain, a subsidiary of The Restaurant Group, has rebranded its Basildon branch to Frankie's alongside offering a new menu. The move is the first in a series of three refurbishments announced by the chain for this year. Read more.

Red Oak Taverns secures growth capital The pub operator, which has 201 sites across the UK, has secured a £15m acquisition facility with OakNorth Bank, which will fund the company’s acquisition of nine pubs from Hall and Woodhouse. Read more.

Oakman sales increase by 36% The group has announced a 36% increase in sales compared to 2019 after the opening of its 36th site. The company plans to expand further with 11 new sites, due before the beginning of 2024. Read more.

Neat Burger announces expansion plans Fast growing restaurant chain Neat burger, which is backed by Lewis Hamilton, has revealed plans to open 30 new sites. The news comes following recent funding which valued the company at $70m. Read more.

McDonald’s achieves equal pay for US female and ethnic minority workers The fast food chain has reportedly achieved equal pay amongst its female and ethnic minority employees in the US. Non-white workers are now paid the same as their white counterparts for equal work, while women are paid equally to men in its restaurants. Read more.