Business

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

BENCHMARK DATA: BEER AND SCHNITTY

Posted on May 3rd, 2021 by Clyde Mooney
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,

PUBS STRUGGLING UNDER THE WEIGHT OF INSURANCE

Posted on April 26th, 2021 by Clyde Mooney
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

CONSUMER DATA SPEAKS TO INDUSTRY UPSET

Posted on March 29th, 2021 by Clyde Mooney
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

NEW GRANTS PROGRAM FOR HOTELS – OPEN NOW

Posted on February 24th, 2021 by Clyde Mooney
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

BEWARE THE ZOMBIE PUB

Posted on February 15th, 2021 by Clyde Mooney
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

NEW CEO FOR SOLOTEL

Posted on February 12th, 2021 by Clyde Mooney
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

STIMULUS REBATES TO HELP HOTELS UPDATE

Posted on February 1st, 2021 by Clyde Mooney
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

RAISE THE BAR: PROFITABILITY

Posted on September 4th, 2020 by Clyde Mooney
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