hospitality_industry

Stable3 articles2 sourcesDernière mise à jour: 07/05/2026

Sujets associéslpg price hike hospitality industry hotels and restaurants commercial lpg job losses business closures operating costs government intervention

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‘Restaurants won’t survive’: Michelin chef opens venues abroad to withstand UK taxes

ACTU

07/05/2026

‘Restaurants won’t survive’: Michelin chef opens venues abroad to withstand UK taxes

Jason Atherton, who has restaurants in Dubai, St Moritz and now Tuscany, says it’s tough to stay afloat in UK hospitality industryA British Michelin-starred chef says he is opening restaurants abroad to subsidise his UK venues against a backdrop of high taxes and a struggling hospitality sector.Jason Atherton is now in Forte dei Marmi, on the Tuscan coast in Italy, where he is preparing his newest opening, Maria’s, which will be in the Principessa hotel. The Sheffield-born chef now has restaurants all over the world, including in Dubai and St Moritz. Continue reading...

Guardian Business

JD Wetherspoon issues third profit warning this year as costs climb

ACTU

06/05/2026

JD Wetherspoon issues third profit warning this year as costs climb

Chair Tim Martin says pub chain could miss expectations, in latest sign UK hospitality sector buckling under higher billsBusiness live – latest updatesThe boss of JD Wetherspoon has said the pub chain could miss profit expectations because of rising costs, in the latest sign the UK hospitality industry is buckling under the pressure of higher energy, food, labour and tax bills.The company’s chair, Tim Martin, told investors on Wednesday: “As many hospitality operators, including Wetherspoon, have reported, there have been substantial increases in costs.” Continue reading...

Guardian Business

Commercial LPG Price Hike Deals Severe Blow to India's Hospitality Industry

Urgent

Business·01/05/2026Résumé IA

Commercial LPG Price Hike Deals Severe Blow to India's Hospitality Industry

The hospitality sector in India faces a severe blow following a Rs 993 increase in commercial LPG cylinder prices to Rs 3,071.50 per 19-kg cylinder. Industry associations warned of imminent menu price hikes of 10-15% and accelerated closures and job losses. The total increase of Rs 1,332.50 within three revisions has created an unprecedented cost escalation for hotels and restaurants already struggling with supply disruptions and weakened cash flows.

Economic Times

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