A pub group owned by NVM Private Equity and the Business Growth Fund (BGF) has begun its acquisitive growth strategy by purchasing nine venues from TCG Bars.
Robin Sheppard, chairman of Bespoke Hotels, argues that a minor change to the Enterprise Investment Scheme could be of enormous benefit to the hospitality sector, and to the economy as a whole.
India Hospitality has bought hotel and restaurant company Mars Restaurants and airline caterer SkyGourmet Catering from Navis Capital Partners and affiliates for some £53 million ($110 million).
Despite the vast sums of money lavished on clients, suppliers and prospects each year by blue-chip companies, corporate hospitality suffers from a mixed reputation.