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
XP Factory reports strong like-for-like growth The operator of the Escape Hunt and Boom Battle Bar brands has posted strong growth in the financial year to 31 March, and double-digit growth in the last quarter. Read more.
Profit to reach top-end of market expectations at JD Wetherspoon The pubs group has said that it expects profits in the current financial year to be “towards the top of market expectations," and has posted a 5.2% like-for-like sales increase for the 13 weeks to end of April. Demand for Guinness has boosted sales. Read more.
David Lloyd invests in new locations The gym group has announced plans to invest up to £500m to open 15 new health clubs over the next four years. David Lloyd's membership currently stands at a record 761,000. Read more.
F1 Arcade seeks franchise partners to fuel overseas expansion The competitive socialising concept is doubling down on global expansion, after successfully launching its first site in the US last month. The business is targeting south east Asia, China, Australia and the Middle East. Read more.
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.
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