Business
The room, the economics and the people who run restaurants for a living.
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Alsea's Europe sales rise 2.8% as Starbucks France leads
The Mexican franchise group's Starbucks, Domino's and Vips business in Spain and France posted €305m in third-quarter sales, with adjusted EBITDA at €44m.

Coppa Collective revenue rises 8% to £56.4m in FY26
The group behind Coppa Club and the Italian brand Noci returns to like-for-like sales growth and credits tighter cost control after buying four pubs from Grosvenor.

The Social Hub submits £200m plan for Edinburgh site
The Dutch aparthotel group has filed formal plans for a 580-bed hub on the former Fountain Brewery site, with a restaurant, café and rooftop bar among the amenities.

Fynveur takes majority stake in Rudy's owner Mission Mars
Artal's investment arm buys into the group behind Rudy's Napoletana and Albert's Schloss, as backer BGF exits after eight years and a first Scottish site nears.

Red Robin's activist investors leave the board after turnaround
James Pappas and Chris Martin joined in 2024 to force a balance-sheet fix. Two years, 108 sold restaurants and a refinancing later, they're stepping down.

TikTok turns its food feed into a dining guide
Must Eat ranks restaurants in New York, Los Angeles and the Bay Area by what the platform's own community posts about, not by inspectors.

National Living Wage set to pass £13 an hour
Hospitality groups warn of a fresh cost squeeze as the UK's adult minimum wage is tipped to rise close to 4% from April 2027, ahead of Wednesday's Budget.

Wingstop cuts its outlook as the sales slump drags on
Same-store sales fell 5.4% in the third quarter, a sixth straight quarterly decline, and the chicken wing chain now expects a drop of up to 7% for the year.

Crazy Bear hotel group enters administration again
BDO LLP has been appointed administrator to Crazy Bear's Stadhampton and Beaconsfield hotels, both shut as of 27 October, the second filing in under two years.

Estiatorio Milos looks for a partner to fund its next phase
The family-owned Greek seafood group, founded in Montreal in 1979, has hired Moelis & Company to find capital for expansion across its 12 restaurants in seven countries.

67 Pall Mall opens a Shanghai wine club in a 1925 mansion
The London private members' club takes over a century-old French Concession villa in December, with more than 5,000 wines and a cellar of Chinese labels.

Weight-loss jabs push Heineken to rethink pub menus
A Heineken presentation seen by Reuters tells UK hospitality customers to promote half-pints and low-alcohol drinks as GLP-1 use grows.
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