Oakman Inns reports like-for-like sales growth of 10% for the 19 weeks to 11th August Wet sales for the period rose by around 9% while food sales climbed by around 12%. The business also saw strong trading at its newly opened pub in Ascot, The Royal Foresters, in which it invested £10m. Read more.

CG Restaurants & Bars unveils plans to bring Dirty Martini to 20 sites The firm wants its brand to hit the 20-site mark by 2020. The expansion will come primarily from regional growth, with a particular focus on Liverpool, Newcastle and Bristol. Read more.

Peach Pubs to seek outside investment following strong growth Like-for-like sales rose 2.4% in 2017 while turnover increased to £25.6m. Co-founder Hamish Stoddart told MCA that the company is looking to secure an investor partner in the next year to drive and support further growth. Read more.

Brakspear posts 11% rise in full-year revenue to £28.3m The company's managed house arm saw sales grow by £3m to £11.8m. A decline in EBITDA was attributed to higher costs across the industry with CEO Tom Davies stating that the firm is well-positioned to weather further cost pressures. Read more.

Radisson Hotel Group acquired by consortium led by Jin Jiang International Terms of the deal have not been disclosed but its estimated that the sale fetched at least $2bn for current owner HNA Group. HNA bought the hotel business in 2016 but has since shifted strategy and is moving to sell off its hospitality assets. Read more.

Indian Hotels Company unveils plans for new 108-bedroom hotel at Heathrow The company is best known in the UK for operating the St James Court hotel in London. The new property is set to open in 2021 and will feature the fourth site of the acclaimed Bombay Brasserie restaurant. Read more.