BANK COVENANT REPORTING – THE NEED TO KNOW
The finance landscape in the pub industry is under pressure, as businesses continue to find their feet following the pandemic and the fallout from high interest rates takes its toll. Most instances of loans issued to a pub will involve
IRIS PUTTING THE PUB INTO IBIS
Publican-developer Iris Capital has won approval on appeal for its plans to reimagine the Ibis Budget Hotel in Wentworthville into an expanded pub hotel facility. Located on a busy corner of the Great Western Highway, close to the Cumberland Highway,
ALH COMES TO RURAL AID
Australian Leisure & Hospitality (ALH) has partnered with leading agriculture charity Rural Aid to raise money for Aussie farmers doing it tough. The “Parma for a Farmer” initiative will see $1 from each chicken parmigiana sold throughout February donated toward
POWER FAMILY BUILDING BEEFY REPUTATION
The bitter-backed Power family is looking to capitalise on its success at the Norman Hotel with trademark of its famous boast of being the “worst vegetarian restaurant”. Named in honour of Queensland Governor Sir Henry Norman, who served from 1888
BARRY BACKS IT UP AT CORINDI BEACH
Kelly & Co Hotels has divested the “opportunity-laden” Corindi Beach Hotel on the NSW Coffs Coast to honed local Harry Barry. Originally known as the Amble Inn, the large-format pub sits on an enormous 16,120sqm site and includes public bar,
AVC HAS A BALL IN SUNBURY
AVC has advanced its position in the Sunbury locality, unveiling its multi-million-dollar renovation of the Ball Court Hotel, designed with the entire community in mind. The group bought the pub in Sunbury, around 40 kilometres north-west of the Melbourne CBD,
KEGS BEING STOLEN ACROSS MELBOURNE
Detectives in Victoria are investigating the theft of more 200 empty kegs from outside pubs in suburbs of inner-Melbourne. Opportunistic thieves have been swiping the empties throughout the past five months, and possibly longer. Each keg unit is valued at
DENNIS’ DIVESTING THE AUSSIE
The Dennis family has offered up their big, long-held Australian Hotel in Nowra, anticipated to be one of the south-coast region's most keenly contested sale campaigns. Located on a 2,665sqm site in the heart of the Nowra CBD, the pub is
POSITIVE RESULTS FOR Q2
An industry report for Q2 of FY24 shows positive signs for pubs, with growth in the right departments and stability in the right places. Hospitality services provider Quantaco issued its review of the second financial quarter, spanning October to December
PUB TRENDS PREDICTED FOR 2024
The Australian pub industry was of course greatly impacted by the COVID-19 pandemic, and as businesses continue to emerge from the hit, the industry is yet to return to pre-COVID income levels. This deficit is due to both cost-of-living pressures
