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 liquor brands Dan Murphy’s and BWS. Total sales across the Group were in line with […]
In the digital era, and the wake of the Federal budget incentivising technology, research into the hospitality sector finds nearly half of venues are still using pen and paper booking systems. The Federal Budget news at the end of March brought inclusion of tax deductions of 120 per cent on investment in eligible technology, recognising
NEARLY HALF OF VENUES STILL USING PEN AND PAPER BOOKINGS Read More »
Data from hundreds of pubs offers insights on the prices being charged and paid on a range of classic pub items. Advanced at-table and mobile ordering platform me&u is used at over 500 pubs in Australia, including those of Merivale, Rockpool and Solotel, and soon all of ALH’s 330+ venues. POS data provided to
The industry landscape in 2021 is finding more pubs around the country dealing with ballooning insurance premiums, or worse, as insurers take a hard line on old venues. Post-COVID finds some pubs facing price hikes of more than 100 per cent, as the risk appetite – particularly for older, regional pubs – increasingly penalises structures
Data from hundreds of pubs around the country is showing some key trends, most notably around the migration of patrons to suburban and regional pubs. One year on from the onset of the pandemic, some longer-term trends are taking shape in the industry. Revenue at CBD venues has shrunk 23 per cent (year on year),
Applications open today for a new grants program by the Federal Government for hotels to improve the energy efficiency of venues. The Hotel Energy Uplift Program can provide grants of $10-25,000 to small and medium hotels and motels (with up to 99 rooms, available to the public). The program aims to assist hotels to: upgrade
Article supplied by Ryan Bradbury, manager at specialist accountants Nicols & Brien. It’s likely you will have seen headlines screaming about “Zombie businesses facing the cliff” once the government’s COVID-19 funding packages come to a close in March. While there may be some businesses that fit the tagline, in the majority of cases it’s not quite
Next generation hotelier Elliot Solomon will soon take over from Justine Baker as the new CEO of the Solotel Group. Calling time at Bruce Solomon’s hospitality empire, Baker has announced a decision to step down as CEO in order to pursue other career opportunities, but will continue as an advisor to the company. “Justine has
Thousands of businesses have signed on to the Victorian Government’s economic stimulus program, offering rebates to operators for upgrading to digital technologies. The Small Business Digital Adaptation Program (SBDAP) was announced in November, promising voucher rebates to eligible Victorian small businesses and sole traders for the products of selected digital suppliers. It is one part
Diageo has released more industry resources through its US$100 million ‘Raise the Bar’ support program, tapping a global knowledge base in aid of all licensed venues. The Raise the Bar program counts $11.5 million allocated to Australian operators. The program is available to any licensed venue in the country, regional or metro, regardless of whether
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