Sophie Witts

Managing director David Tracey said he "recognised that the hospitality market has shifted in recent times"

Hotels in both cities reported an uptick in occupancy and rates compared to the same month last year.

Hospitality consultancy Truffle Hunting has closed its Fare Eatery restaurant in Wokingham after two months as the site was “not fit for purpose”.

The administration of the former Birch Selsdon hotel has been extended for a further 12 months while a buyer is sought for the business.

Pizza Hut's biggest UK franchisee is reportedly in advanced talks with potential buyers as it looks to secure its future.

Eataly, the huge Italian food hall on London's Bishopsgate, saw losses widen in 2023 as it faced rising energy costs.

The coach holiday group is also seeking planning permission to upgrade one of its hotels later this year.

Casual dining group Tasty has secured a pandemic-era insurance claim after agreeing a final settlement of £2.5m.

The two-AA-rosette restaurant blamed its closure on "rising costs and challenging circumstances".

The sushi and bento chain has seen strong growth in its restaurant and supermarket grocery arm.