MBS Intelligence
Travel & Leisure
The changing face of travel
In the last twenty years, the travel industry has undergone significant transformation. The holidays we take are changing – bespoke experiences replacing packaged tours – and the way we book them has changed, too....
Tackling diversity in the hospitality, travel and leisure sectors…
Women in Hospitality, Travel & Leisure (HTL) 2020 Review 2019 Edition Companies across all consumer sectors are grappling with the challenge of increasing diversity in their workforces. While targets like that...
What will be the hotel industry’s talent demands of…
The hotel business, like every other, is in a period of flux. Fundamental forces are reshaping every aspect of the industry. But, just what exactly are the key trends shaping the sector and what do they mean for the...
Q&A: Women in Hospitality 2020 founder Tea Colaianni on…
The most recent research carried out by the Hampton-Alexander Review argued that while significant progress has been made toward the target of 33% of women on FTSE 350 boards by the end of 2020, there is still ‘some...
The Dishoom story: How co-founder Shamil Thakrar built the…
The moment you walk into a Dishoom restaurant, you know you’re entering a brand experience crafted with love, care and the utmost authenticity. The business, which launched in 2010 and now has five sites in London and...
Houston, does cinema have a problem?
One of my favourite things to do on a Sunday evening at 6pm is to walk up the road to the Everyman Cinema, sit down on a plush sofa with cushions, order supper to my seat and watch a movie. It's the best way to end the...
Slurping Up The Market: Ramen’s rise in the fast-casual…
Even though I always stay just below Central Park at The London when I go to New York, whenever I'm in town I have to make the trip down to the East Village to visit Momofuku for a bowl of Chef David Chang's ramen. In...
Redefining The CDO: The rise of the chief data…
Last winter, Sainsbury’s appointed Andrew Day as their Chief Data Officer. Such a significant C-suite appointment - one that was historically a subset of IT or marketing (and a first for the UK grocery sector) merits...
Up in the Air: The rise of corporate branded…
On a recent flight, I found myself at the dreaded holy trinity of a boring flight: no in-flight wifi, not long enough to watch a movie and I had forgotten to bring my usual issue of Vanity Fair. Wondering how to keep...
Latest Travel & Leisure News
Revenue per room improves at InterContinental Hotels The owner of Holiday Inn and Crowne Plaza has reported that revenue per room, a key metric, increased by 2.6% year-on-year in the first quarter. Sales were driven by strong trading in Europe, Africa and Asia. Read more.
Parent company of TGI Fridays reports dip in revenue Hostmore's revenue fell to £190.7m for the year ending 31 December, compared with £195.7m the previous year. However, the company has said that its "strategic business measures are yielding promising results." Read more.
Quarterly net revenues down at Starbucks The US coffee chain has said that net revenues fell by 2% to $8.6bn in the first three months of 2023, as customers cut back on discretionary items like takeaway coffee. Read more.
Yum! Brands completes acquisition of 218 KFC franchise restaurants from EG Group The quick-service restaurant group Yum! has finalised the purchase of more than 200 KFC restaurants from EG Group. Total revenue at KFC UK has dipped 1% in the most recent quarter. Read more.
City Pub Group clocks record revenue in the year it was acquired by Young’s The inner-city pub group has said that it generated record revenue in 2023, bringing in sales of £74.4m, compared to £57.7m in 2022. Group like-for-like revenue increased by 20% compared to the prior period. Read more.
Nightcap explores deal for Revolution Bars Group The operator of the Revolution, Revolución de Cuba and Peach Pubs brands is in talks with Nightcap about a potential sale of parts of its business. According to reports, a number of private equity firms are also expressing interest in the group. Read more.
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