Casual Dining Group (CDG) has signed agreements to operate the food and beverage programmes at two UK hotels in what is a signal of its intent to grow its franchise portfolio. The deals, which are both with London Town Group (LTG), will see CDG create and operate a bespoke premium offering at the Hotel Indigo,…
Casual Dining Group views overseas franchises as “significant” income stream
The Casual Dining Group has reiterated its plans to drive more revenue from international franchise operations in its financial report for the 2016/17 year. CDG, which owns Bella Italia, Cafe Rouge and Las Iguanas, stated in its accounts that it has looked to lay the foundations for long-term sustainable growth while developing its overseas franchise…
Subway plans 500 new UK stores in next three years
Subway is targeting 3,000 stores in the UK and Ireland within the next three years, local management at the fast food chain have revealed. The company has just opened its 2,500th store, in Bristol, but has set its sights on ramping up the number further as part of a strategy that will see an extra…
Burger King ‘looking for backers to buy out UK franchisees’
Restaurant Brands International (RBI), the company that owns Burger King, has reportedly opened talks with possible backers about a deal to consolidate the fast food chain’s UK franchises. According to Sky News, RBI has approached private equity firms about investing in the UK operations in a bid to “eke out” cost-savings in an increasingly competitive…
Telepizza selects UK’s largest Burger King operator to unlock UK market
Telepizza, the largest non-US-based pizza delivery company in the world by number of stores, has agreed its first master franchisee partnership in the UK and plans to open 80 new restaurants within the next 10 years. The Spanish company has struck a deal with Karali Ventures, a specialist in the QSR industry and the UK’s…
