Business

PUBS ARE HOT TARGETS FOR CYBER CRIME

Posted on January 24th, 2024 by Jane Louise
Cyber crime is a growing concern around the world, with malicious cyber activity a genuine risk to Australian businesses. By global standards, Australia is a wealthy country, making it a target for hackers. Australia is consistently ranked in the top

LOVE TILLY GROUP BREAKS UP WITH PUBLIC

Posted on November 10th, 2023 by Clyde Mooney
Turbulence continues for Jon Adgemis’ Public Hospitality group, with the Love Tilly Group calling no joy on their foodservice partnership. In April this year Fabbrica Pasta Bar opened within Public’s Exchange Hotel in Balmain, and has quickly gained acclaim and

INDUSTRY INSIGHTS REPORT FY23

Posted on August 23rd, 2023 by Clyde Mooney
Quantaco has released its Industry Insights report for FY23, offering analysis and key metrics for the industry across sales, gaming, and wages. Comparing benchmarks of FY22 with FY23, the report offers an overview of key hospitality trends, including a review

HOW TO DETECT COUNTERFEIT BANKNOTES

Posted on July 31st, 2023 by Clyde Mooney
Increased detection of fraudulent money has prompted government to issue a warning to venues handling cash, to protect against financial losses and minimise criminal influence. Counterfeit notes are a serious issue where use of banknotes is prevalent, particularly for hotels

LAUNDYS GROW INTO NEW H.O.

Posted on March 15th, 2023 by Clyde Mooney
Paving the way for its contemporaneous and future expansion, Laundy Hotels has acquired the former Aristocrat building at Lane Cove, as the group’s new head office. The family-run Laundy operation has been eyeing diversification opportunities in recent years, and had

HPI ANNOUNCES H1 RESULTS

Posted on February 22nd, 2023 by Clyde Mooney
Hotel Property Investments (ASX:HPI) has released its financial results for the six months ending 31 December 2022, seeing the impacts of rising interest rates. HPI lodged its H1 FY23 interim report, declaring a statutory loss of $7.9 million, and final

ENDEAVOUR POST STRONG H1 FIGURES AS PUBS REBOUND

Posted on February 15th, 2023 by Clyde Mooney
Australia’s largest pub operator, Endeavour Group, has released strong results for the first half of FY2023 as its ALH hotels rebound. H1 of FY23 for the ASX-listed Endeavour (ASX:EDG) saw increased sales of $6.5 billion, up 2.5 per cent on

CYBERWAR IS ON. ARE YOU PREPARED?

Posted on December 9th, 2022 by Clyde Mooney
A war in the cyberworld continues to escalate, and pubs are being targeted for their online and social media presence and unsophisticated understanding of the threats. Many venues put a lot of time and energy into their Instagram and Facebook

FOOD PRICE INFLATION HITS RECORD HIGHS IN THE UK

Posted on October 10th, 2022 by Jane Louise
The UK has experienced a record high in food and drink price inflation in hospitality, hitting 15 per cent for the first time in the 30 years of the CGA Prestige Foodservice Price Index (CGA PFPI). Similarly in Australia, fruit

ENDEAVOUR POSTS REBOUND FIRST YEAR FINANCIALS

Posted on August 26th, 2022 by Clyde Mooney
Australia’s largest publican, Endeavour Group, has announced strong results for its first year as a stand-alone entity. Listing on the ASX mid-2021 (ASX:EDG), the former Woolworths Group subsidiary counts around 340 hotels and clubs across the country, and major retail