Mark your calendars, Western Canada! ⛰️ RCC's Retail West Conference returns on November 6, 2024 in a new location at Fairmont Hotel Vancouver! RCC Retail West 2024 is your chance to connect with industry thought leaders, #retail experts and innovative supplier partners, and take part in targeted learning experiences specifically designed to address local issues and opportunities facing Western Canadian retailers. Get a head start and save! Buy your tickets early and take advantage of Early Bird rates for $100 off! https://hubs.ly/Q02G43r30 Stay tuned for updates! #RCCRetailWest #WesternCanada #conference
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Great conversation with our Retail and Hospitality Directors Dominic Tixerant and Lizzie Knights on the CADA Design webinar last week. Topics covered included: 🛍 The new anchor brands: It's not just about department stores / big retail names any more. Visitor patterns have changed since the pandemic - today, a successful mixed use destination has it's own 'brand', defined by the unique blend of services/ leisure/ wellness/hospitality/ retail that increases dwell time and pull people in from morning to night. 👗 Increase in international entrants to UK retail, particularly from the US - these brands are translated differently here in London, where there is less space than their US market equivalents; while not able to carry the same breadth of lines, the range of townhouse concepts and boutiques offer a more engaging shopping experience. 🥘 It's exciting to see a huge increase in big international hospitality names looking to open in London - particularly from the Middle East and Europe - furthering London's reputation as a world leading restaurant destination and bringing with them a greater focus on service and luxury design. Watch a snippet here ⬇ and to learn more, reach out to us for a chat. A huge thank you to CADA Design for bringing us on board. 🙏 #leasing #leasingadvisors #hospitalitytrends #retailtrends
We had a fantastic session with Dominic Tixerant and Lizzie Knights from Bruce Gillingham Pollard discussing the latest trends in retail and hospitality. From local highlights to international expansion, the industry is buzzing! Full video coming soon! #RetailTrends #HospitalityTrends #CommercialProperty #LondonRetail
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In case you missed it, check out the latest RH-ISAC report, which examines the threat landscape facing the retail and hospitality sectors during the holiday season:
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Mother's Day, St Patricks day, and the early Easter bank holiday fueled a boost to trading in March. Britain’s top hospitality groups achieved above-inflation like-for-like sales growth of 5.2%. Find out more from the latest CGA RSM UK Hospitality Business Tracker reveals here - https://lnkd.in/gt4jS_9w #Hospitality #CGAInsights #OnPremise #HospitalityGroups
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Whitbread PLC (LSE:WTB) held full-year guidance as robust demand for hotels supported occupancy and pricing in the third quarter of the 2024 financial year. For the 13 weeks to 30 November, #Whitbread said #PremierInn UK sales rose 11% compared with the same period the year before, with strong demand in both London and the regions. Total RevPAR increased 9% during the period and was up 39% versus pre-pandemic financial year 2020, with high occupancy and strong pricing. Food and beverage continued to perform well with sales up 6%. In Premier Inn Germany, sales jumped 47% with total estate RevPAR at €60. Whitbread said the strong trading has continued into the fourth quarter with UK accommodation sales 12% ahead of financial 2023 with RevPAR up 10% versus 2023 and 39% ahead of financial 2020. More at #Proactive #ProactiveInvestors #LSE #WTB http://ow.ly/iImR1058tRZ
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This morning we welcomed Kate Nicholls OBE, CEO of UK Hospitality, and Jonathan Neame, Chief Executive of Shepherd Neame, as panellists at our latest Leisure & Hospitality Breakfast Seminar. It was an engaging session for senior industry leaders to discuss the challenges and opportunities that the sector faces. We heard as our panel discussed building expectations of stronger trading conditions ahead thanks to resilient consumer confidence, but also the ongoing pressure on firms as they manage costs and the sensitivity of the industry to the climate and consumer trends. What is clear is that that the leisure and hospitality sector is adaptable and remains an important growth driver for the UK economy. Beyond areas of distress, there is some optimism emerging and operators looking to scale and diversify, which is all helping to put M&A back on the menu. With transaction activity increasing, contact our M&A team for further details on how we can support you. #leisure #hospitality #mergersandacquisitions #financialadvisory Neil Sumner Heath Snyder Nicholas Hill Charlotte Baron
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Growth in May for the hospitality sector
Britain’s leading hospitality groups achieved year-on-year sales growth of 3.6% in May 2024 https://lnkd.in/ezwETrMR
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Our co-founder and Managing Director Tracey Pollard shared a fascinating insight into current market trends at the sold-out THE LEISURE PROPERTY FORUM Annual Review panel event on Wednesday - alongside hugely informative presentations from Simon French (Panmure Gordon) David Bell (Stärka ) Toby Hall (CBRE ) and Emma McLarkin (British Beer & Pub Association) So what were the Tracey's key insights? - F&B growth driven by pubs and deliveries: F&B improved in 2023, seeing 9.5% growth despite increased inflation. Pubs, takeaways and fast food all performed strongly compared to restaurants, suggesting people are downscaling ‘treats’ rather than foregoing them entirely - Strong demand for prime London sites, often attracting multiple offers - Increasingly complex transactions, increase in management agreements and requests for cap expenditure due to lack of finance continue to create challenges. A few examples of brands that saw strong growth in 2023: Flat Iron - With 2023 a record year, they are now targeting 4-5 new restaurants annually - Greggs - Now looking beyond high streets for expansion to retail parks, supermarkets and even roadside locations - Flight Club - There are now 12 across the UK, as well as 6 in the US and 1 in Aus - with more in the pipeline Looking Ahead... Despite industry challenges including cost increases from the National Living Wage, political uncertainty, strikes and funding, the outlook for 2024 is overwhelmingly positive - with increased international tenant interest, a growth in high end dining and the return of tourists to the UK just some of the opportunities ahead. Here’s to continued growth in 2024! #LeisurePropertyForum #panmurelondon #Starka #CBRE #FlatIron #flightclub #Greggs
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The Modern Shopper Strategist: Award-winning retail & shopper expert, author, and keynote speaker. RETHINK Retail Top Expert (2023 & 2024). Decoding retail, tracking trends, and crafting sustainable strategies.
Take a peak at best in class London retail, captured perfectly here by Jodie Buck. Last week, I had an amazing time hosting this London Retail Safari alongside Flick Collingwood 📈. with the nicest group as we enjoyed exploring the latest trends in the retail world, showcased valuable insights, and discussed the latest innovative ideas in the retail world. We're excited to announce that we're now taking bookings to co-host two more open retail safaris in the city coming up in September (Wednesday 18th) and November (Thursday 21st). These events are perfect opportunities for individuals and teams to immerse themselves in the dynamic London retail scene, learn from industry experts, and network with like-minded professionals. In addition to our open safaris, we're also planning to co-host several closed safaris over the coming months, tailored specifically for individual businesses and teams. These private events are designed to provide a customised experience, focusing on team building, shared discussions, and inspiration as you gear up for business planning in 2025. A closed retail safari is an ideal way to engage your team in a day of learning and strategic planning. For more information and to book your spot, please contact us. #tre #topretailexpert #topretailexpert #retailsafari #londonretail #retailtech #shopperbehaviour #shopperinsights #retailtrends #digitalsignage #retailmedia #retailtranformation #customerexperience RETHINK Retail
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Insightful UK Hospitality & Grocery Data | #1 Provider of Card Spending Insight, Pricing & Review Data | Unique Data & Analytical Capabilities | Driving Smarter Decisions for Operators & Suppliers
Congratulations to The Tamworth Tap which has been named the Campaign for Real Ale 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐏𝐮𝐛 𝐨𝐟 𝐭𝐡𝐞 𝐘𝐞𝐚𝐫 for the second consecutive year, only the second pub ever to achieve this feat. Following on from my post earlier this week, the 𝐒𝐢𝐭𝐞 𝐈𝐧𝐭𝐞𝐥 𝐏𝐫𝐨 data from Hospitality Data Insights (HDI) is mind-blowing in terms of its ability to show what's happening within the four walls of a business. A quick look at the performance of The Tamworth Tap versus its local competition within a 1 mile radius shows that its not just winning awards, its performing really well as a business too: 🏆 𝐖𝐢𝐧𝐧𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐚𝐫𝐞 - The Tamworth Tap is the biggest winner year-on-year, successfully growing its market share of the Top 20 local venues. 💸 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐒𝐡𝐚𝐫𝐞 𝐨𝐟 𝐖𝐚𝐥𝐥𝐞𝐭 - The Tamworth Tap is attracting a bigger % of spend year-on-year from its own customers, with its share of wallet up by 3.9% versus last year. 🔄 𝐇𝐢𝐠𝐡 𝐕𝐢𝐬𝐢𝐭 𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐜𝐲- The visit frequency for the Tamworth Tap is noticeably higher than its local competitors, showing that if you're a great pub, people will come back time and again. Give me a shout if you'd like to find out how 𝐒𝐢𝐭𝐞 𝐈𝐧𝐭𝐞𝐥 𝐏𝐫𝐨 can benefit your business: 📧 hello@hdinsights.com #HospitalityData #SiteIntelPro #hospitalityconsulting #hospitalitysolutions #ukhospitality
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Here at Fuse, we know how resilient our customers are in and around London but recent data has emerged to prove that, despite the constant turmoil in the economy. New figures from UKHospitality and CGA by NIQ reveal that London's hospitality industry has not only bounced back but has exceeded pre-pandemic levels, boasting an impressive £46bn revenue last year, up from £43bn in 2019. 🚀 Outperforming the rest of the UK. The sector experienced monthly growth of 7.7%, compared to the national average of 5.6%. Despite ongoing challenges, these numbers underscore the phenomenal resilience of London's hospitality. 🍽️🥂 Let's raise a toast to the world-leading pubs, bars, and restaurants driving London's economic recovery! Hit the link below to read more. https://lnkd.in/eCsqEfUE 🎉 #LondonHospitality #EconomicRecovery #Resilience
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