Finance & Deals
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Australia delivers for Domino’s as international markets fall flat
Australian operations deliver record profitability while the company undertakes a strategic reset amid challenging overseas markets.
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Applejack Hospitality appointed to manage Opera Bar Sydney
The Sydney Opera House has announced a 10-year agreement with Applejack Hospitality to run the popular harbourside dining venues.
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‘Recovery is not growth,’ says R&CA despite a yearly 2.5% turnover rise
While venues record a 2.5% increase in turnover, industry leaders caution that recovery is not growth.
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Grill’d burgers flip into retail with exclusive Coles launch
Healthy burger chain Grill’d launches a retail range of premium beef patties at Coles stores nationwide.
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CVC Capital Partners acquires 45% stake in Australian Venue Co. as it looks to expand
CVC Capital Partners has acquired a 45% stake in Australian Venue Co (AVC), one of Australia’s largest hospitality operators.
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Restaurants lead surge in small business restructurings in fight to stay open
New figures show operators are increasingly turning to debt restructuring programs to survive financial distress.
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KFC Australia sees record $1.15bn revenue despite consumer headwinds
KFC Australia has delivered a standout performance in a challenging market, achieving record revenue.
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Restaurant reservations and ride hailing to come together in Uber, OpenTable deal
Uber and OpenTable team up to streamline dining, combining reservations, rides, and perks into one seamless platform experience.
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DoorDash cements global ambitions with Deliveroo and SevenRooms deals
In a major shake-up for the global food delivery and hospitality tech landscape, DoorDash has bought Deliveroo and SevenRooms.
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