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Travel competition: win a two-night stay at the new Nobu Hotel in London
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New Private Members Club The Knightsbridge Pavilion opens up nextdoor
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Future Nostalgia: The Owner Of Henry s Townhouse Reveals Why This Historic Property Is So Right For Modern Times
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Amuse-bouches: The latest restaurant news bites
05 March 2021 By Phoebe French
In restaurant news: the UK restaurant market is expected to grow by almost a third this year, a report finds test and trace data from restaurants was barely used, and hospitality in Texas reopens at full capacity.
Value of UK restaurant sector expected to grow by a third: According to its latest report, analyst Lumina Intelligence has forecast that the UK restaurant market will increase by 32.1% to £11.7 billion this year. It follows a tough year in 2020 which saw the sector contract by 53.1% to £8.9bn. Its predictions are based on the current roadmap to recovery, which sees all restrictions on social contact removed by 21 June.
Mark Sainsbury and Michael Benyan have sold The Zetter Group to Orca Holding, a specialist hospitality investor owned by entrepreneur Laith Pharaon.
The sale includes The Zetter Hotel in Clerkenwell, billed as London’s original eco-hotel, as well as the Zetter Townhouses brand, which has two central London properties.
Orca Holding intends to retain and grow the Zetter Townhouse brand and is actively looking to open more properties in London, in cities across the UK, and key European gateway cities such as Paris, Madrid and Amsterdam.
“We are extremely proud of the culture of The Zetter Group, the unique hospitality brands we created and the impact they had on London’s vibrant hotel, restaurant and cocktail scene. The fact that Orca Holding are passionate about The Zetter brand and have such exciting plans for its future, is great news for all involved and we wish them every success,” says Benyan, who launched the original The Zetter Hotel with S