closures
Stories tagged “closures”
UK loses 19 hospitality venues a week, NIQ data shows
Licensed premises fell 1% to 98,319 in the year to September as closures outpaced openings, NIQ reports, even as this week's Budget offered only partial relief.
Crazy Bear hotels close for good as Brakspear buys freeholds
BDO sold the freeholds of Stadhampton and Beaconsfield to pub group Brakspear three days after Crazy Bear's second administration in under two years, ending about 130 jobs.
Voodoo Ray's finds a new owner after liquidation
A longtime staff member has taken over the Dalston pizzeria after its operator wound up this month, with a cocktail bar pop-up set to move into the basement.
Star Seafood closes sixth Hong Kong branch in two years
Star Palace's Fanling site has shut, the latest in a run of Hong Kong restaurant closures this year, as rents, labour costs and cheaper meals across the border in Shenzhen squeeze Cantonese dining halls.
Restaurant Chestnut to close in West Cork after nine seasons
Chefs Rob Krawczyk and Elaine Fleming serve their last dinner at the Michelin-starred Ballydehob restaurant on October 30, eight years after its first star.
Bouillon A closes: Christophe Aribert shuts his Grenoble bouillon
The low-price restaurant opened on the Presqu'île in May 2022. Its management blames a struggling district and a hostile climate for restaurants; Maison Aribert in Uriage stays open.
Cafe Spice Namaste closes after three decades in London
Cyrus and Pervin Todiwala have shut their pioneering Parsi-Indian restaurant, now at the Royal Docks, describing it as the start of a "new venture" rather than a goodbye.
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.
Meritage Hospitality: 33 Wendy’s closed, 60 more at risk
A US Bankruptcy Trustee calls the pace of Meritage’s closures extraordinary, as Wendy’s argues its biggest franchisee has no right to keep running the restaurants at all.
Bavaria restaurant insolvencies rise as the buffet returns
Hospitality accounts for one in nine company failures in Bavaria this year. The 7% VAT rate has not stopped the slide, and struggling restaurants are reaching for an old formula.
Zio Fraedo's closes in Vallejo after a rent dispute
The waterfront Italian restaurant serves its last plate on 25 October after 20 years, once owners could not agree new lease terms with the city.
Michael Warring closes in Vallejo, moves into chef's home
The Bay Area tasting-menu restaurant serves its last dinner on December 5. Chef Michael Warring is converting his Benicia garage into an eight-seat counter.
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