Latest Punch Taverns Ltd (PCTVF) Headlines Ot
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Otley pub praises investment for boost in trade
M2 - Thu Mar 06, 6:29AM CST
Otley leaseholders Linda and Barry Tomlinson have praised the pub owners Punch Taverns for a boost in trade following an extensive joint investment of GBP95,000.
Directorate Change
M2 - Wed Aug 28, 11:02PM CDT
InterContinental Hotels Group PLC ("IHG") today announces that Mr Ian Dyson is to be appointed as an independent Non-Executive Director of IHG. He will join the IHG Board with effect from 1 September 2013.
Restaurants Market Report 2013
M2 - Wed Jul 31, 3:28AM CDT
Research and Markets (http://www.researchandmarkets.com/research/99qxfr/restaurants) has announced the addition of the "Restaurants Market Report 2013" report to their offering. This Report Plus examines the restaurants industry in the UK. In 2012, the market grew by 0.9%. Restaurants form part of the hospitality sector, a pillar in the UK economy. The industry has struggled in recent times due to the economic crisis. Its value declined in both 2010 and 2011 and the total number of enterprises involved in the market has declined. Medium-sized businesses have particularly been affected by the downturn; however, the market now appears to be recovering. It grew slightly in 2012 and new restaurants were opened. The market is divided into three sectors: quick service restaurants, casual dining restaurants and pub restaurants. The quick service sector is the largest segment and is dominated by US fast-food chains. This type of restaurant is popular among consumers who are looking for a speedy and economical mealtime solution. The casual dining sector is the sole category to have experienced year-on-year growth since 2008, due to chains' efforts to offer value through vouchers and other deals. In 2012, the sector benefited from the rise in small, independent restaurants that capitalise on niches in the market, such as locally-sourced ingredients and specific types of cuisines, including Mexican restaurants and premium burger bars. The fastest growing segment, however, was pub restaurants. The sector has transformed itself following steady declines in both 2010 and 2011. Restaurants in the sector have turned their focus on food, in addition to drink, which has helped to stop its decline, resulting in growth of 1.6% in 2012. Cash-strapped consumers can no longer afford to eat out in restaurants as they used to do before the crisis. Although they are being forced to reduce their spending and trade down, Britons enjoy going to restaurants and eating out remains a fundamental part of their lifestyle. As a result, the restaurant has gained value. Consumers are eating out less often, but when they do, they treat themselves to the whole experience. They want to eat quality food accompanied by a range of beverages in restaurants with a pleasant ambience. Although value is important, consumers give precedence to quality when dining out. The authors expect that the restaurants industry will grow over the next 5 years despite the continuing impact of the economic crisis. Overall, it is forecast to grow by 3% between 2013 and 2017. The quick service sector, which targets teenagers and consumers in lower social grades, will struggle the most due to its emphasis on value and the rise in fast-casual restaurants. These, plus independent restaurants, will fuel the rise of the casual dining category. Food will remain critical to the success of pub restaurants. Companies Mentioned - Burger King (Uk) Ltd - Gondola Group Ltd - Greene King Plc - Jd Wetherspoon Plc - Kentucky Fried Chicken (Gb) Ltd - La Tasca Holdings Ltd - Marston's Plc - Mcdonald's Restaurants Ltd - Mitchells And Butlers Plc - Nando's Chickenland Ltd - Pizza Hut (Uk) Ltd - Punch Taverns Plc - The Restaurant Group Plc - Tragus Group Ltd - Whitbread Plc For more information visit http://www.researchandmarkets.com/research/99...estaurants About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Punch Taverns Chairman Interviewed on Capital Restructuring Plans
PR Newswire Europe - Mon Jun 10, 7:29AM CDT
LONDON, June 10, 2013 /PRNewswire/ --
Appian World 2013 Attracts Record Audience
Marketwire - Tue May 07, 7:55AM CDT
Appian, the market leader in modern business process management (BPM) software, today announced that Appian World 2013 drew the largest audience yet for the company's annual user and BPM community conference. More than 750 registrants, from 225 unique organizations across 17 countries and 18 industries, gathered at the Ronald Reagan Building in Washington, D.C. to discuss the convergence of mobile, social and cloud technologies in the business environment.
Punch Pubs Reap WiFi Benefits in Industry-Leading Deal with The Cloud
M2 - Wed Jan 09, 5:04AM CST
Punch Taverns has agreed an industry-leading deal with The Cloud to install free WiFi into its tenanted and leased pubs. A significant number of Punch pubs across the UK already have The Cloud's WiFi installed or have installation dates confirmed. The aim is to complete the programme by the end of March 2013.
Public Houses Market Report Plus 2012
M2 - Mon Jan 07, 4:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/jprp5p/public_houses) has announced the addition of the "Public Houses Market Report Plus 2012" report to their offering. The turnover of public houses in the UK is estimated to have fallen in recent years, alongside the number of public houses in operation, but the rate of decline is expected to have slowed in 2011. The steady downturn in pub numbers continued through 2011, although the rate of closures also slowed compared with 2009 and 2010. The recession has hit the pub industry hard, with many pub customers deciding to stay at home to save money. The financial crisis exacerbated the threat already posed to pubs by cheap supermarket alcohol, which is often priced considerably lower than on-trade alcohol. The market is divided into three types of pubs those owned by brewers, those owned by pub companies (pubcos'), and free houses. Some of the larger pub companies own thousands of outlets, some of which are run under branded concepts. Pub