MBS Intelligence
Travel & Leisure
The show must go on: what can the classical…
In November, the English National Opera was given a piece of advice: develop a new business model. After years of shrinking audiences, Arts Council England slashed the ENO’s annual funding to zero, recommending that...
Inspiring action and proving what’s possible: launching the Women…
One of the highlights of the MBS calendar is the launch of the annual Women to Watch and Role Models for Inclusion in Hospitality, Travel and Leisure Index, produced in partnership with WiHTL. Regular readers of this...
Feeling buoyant: how the cruise industry is bouncing back
Is there a corner of the travel sector more resilient than cruises? Just two years ago, Covid-19 had ground the cruise segment to a halt: losses were mounting, share prices were falling, and ships were being dubbed...
Reflecting on bank holidays, hospitality and the future of…
As most readers will know, this weekend is the Queen’s Platinum Jubilee. In the UK, this means parades, street parties, Union Jack bunting and the chance to enjoy an extended bank holiday. The long weekend feels...
Championing female talent: launching the Women to Watch and…
Each year, one of the real highlights of our calendar at MBS is getting together with leaders from the hospitality, travel and leisure sector to celebrate the launch of the Women to Watch in HTL Index. The Index,...
How Compass Group is investing in its people, prioritising…
In May, I wrote a column looking at the hospitality sector’s labour shortage and how we might look to address it. Our industry hadn’t even fully opened yet, and already vacancies were skyrocketing and organisations...
The question of sustainability in restaurants
In May this year, chef Daniel Humm announced that his New York restaurant Eleven Madison Park would reopen with an entirely plant-based menu. From one of the most celebrated restaurants in the world, this move away from...
How to recruit with diversity at front of mind
Last week, we launched the 2021 Edition of the WiHTL Annual Report, which found that although progress has been made on diversity in the hospitality, travel and leisure sector, there is still much, more that needs to be...
New labour: why hospitality’s workforce shortage could be a…
In July last year, a Manchester restaurant made headlines after receiving nearly 1,000 applications in 24 hours for a receptionist role. The pandemic had led to a scramble for work and the number of people looking for...
Latest Travel & Leisure News
Jet2 downgrades its profit guidance The UK-based airline and holiday operator has narrowed its forecast for the full year, announcing that it now expects to generate between £515m and £520m in profit, down from a previously-predicted top range of £525m. Read more.
Caffe Nero third-quarter UK sales up 10.5% The premium coffee house brand has reported a 10.5% increase in sales for its UK business for the three months to 29 February 2024. The business has said that it now expects 12.7% year-on-year sales growth. Read more.
Brother Marcus to return to the expansion trail in London The Mediterranean restaurant concept has announced that it is looking to open ten new sites in the next few years. Like-for-like sales were up 25% in the last year. Read more.
Individual Restaurants plots new pizza brand The restaurant group, which operates more than 30 locations across the UK, has announced plans to launch a new premium pizza brand. The business recently reported strong trading for its full financial year. Read more.
William Hill owner reports first quarter results 888 Holdings has posted sales of £431m for the first quarter of its financial year, ahead of the previously guided £420m to £430m. Read more.
easyJet posts first-half trading update The value-focused airline has reported strong summer bookings, and has said that it is on track to narrow its losses for the first half of the year. easyJet has said that losses should come in at between £340m and £360m. Read more.
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