Hyatt Announces Plans For Hyatt Place London City/East

September 30, 2018

The hotel will mark the first Hyatt Place in central London and the seventh Hyatt-branded hotel in the United Kingdom

Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a franchise agreement with Resolution Property, which has teamed up with specialist real estate firm Berkeley Capital Group, to develop a Hyatt Place hotel at Black Lion House on Whitechapel Road in Aldgate. Hyatt Place London City/East will be a 280-room hotel managed by Cycas Hospitality and will mark the fourth collaboration with Cycas Hospitality on select service Hyatt hotels in Europe.

The Hyatt Place brand is rooted in extensive consumer insights indicating that guests seek stylish, comfortable, seamless experiences that accommodate their lifestyles and familiar routines. To embody this, the brand offers casual hospitality and purposeful service in a smartly designed, tech-forward and contemporary environment.

“Set to be the first city center Hyatt Place hotel in London, Hyatt Place London City/East will mark an important milestone for the brand in the UK,” said Nuno Galvao-Pinto, Hyatt’s regional vice president acquisitions and development Europe. “We are delighted to have this opportunity to collaborate with Cycas Hospitality, Resolution Property and Berkeley Capital Group to build on our commitment to expanding the Hyatt Place brand footprint. We are excited to continue our role in London’s continued expansion in the east and the on-going regeneration of Aldgate and Whitechapel. Hyatt Place London City/East will benefit both business and leisure travelers and will be a significant contribution to Hyatt’s growing select service portfolio in Europe.”

Related: Travel and Leisure Franchises UK – Should You Buy A UK Travel Agency Franchise?

“Securing planning is a significant achievement, and it is fantastic that we can now move forward with the development of Black Lion House into a Hyatt Place hotel, supported by our partner Berkeley Capital Group,” commented Head of UK Investment Oliver Jackson, Resolution Property. “Bringing the Hyatt Place brand into central London perfectly demonstrates Resolution’s approach as a pioneering developer focused on creating new and exciting hotel destinations in collaboration with world-leading brands, such as Hyatt Place, to meet the needs of emerging and future demands.”

“We are pleased to be teaming up with Resolution Property and Hyatt to develop this exciting central London site,” said Lissa Engle, founder and director Berkeley Capital Group. “This development underscores our keen interest to seek out and collaborate with best-in-class operators, owners and leading hotel brands to create properties that deliver optimum value. We thank the team for all their efforts and look forward to continuing our work together to ensure the successful opening of the first Hyatt Place hotel in central London.”

“We are excited to be expanding our work with Hyatt by managing Hyatt Place London City/East; our fourth collaboration with Hyatt,” said Eduard Elias, co-founder of Cycas Hospitality. “Our deep understanding of the Hyatt Place brand ensures that we can consistently exceed the levels of care Hyatt Place guests have come to know and expect, and we look forward to further growing our collaboration with Hyatt across the UK and Europe.”

Hyatt Place London City/East will be the seventh Hyatt-branded hotel in the UK, joining Hyatt Regency London The Churchill, Andaz London Liverpool Street, Hyatt Place West London/Hayes, Hyatt Place London Heathrow Airport, Hyatt Regency Birmingham, and the Great Scotland Yard Hotel London, which is expected to open early 2019.

Related: Hyatt to grow UK footprint as new brand is launched

For more information about Hyatt Place hotels, please visit

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Place

Hyatt Place, a brand of Hyatt Hotels Corporation, combines style, innovation and 24/7 convenience to create a seamless stay with modern comforts. There are more than 312 Hyatt Place locations in Armenia, Australia, Brazil, Canada, Chile, China, Costa Rica, Germany, Honduras, India, Mexico, Morocco, Nicaragua, Panama, Puerto Rico, Thailand, The Netherlands, United Arab Emirates, United Kingdom, and the United States. For more information, please visit Join the conversation on Facebook and Instagram, and tag photos with #HyattPlace and #WhySettle.

About Cycas Hospitality

Founded in 2008, Cycas Hospitality is a hotel management company which specialises in extended-stay and dual-branded properties. With a total of 3,099 suites and rooms open or under development across 19 hotels, 13 are open. These are in key city centre locations across the UK (London, Liverpool, Manchester, Newcastle) and include Cycas’ first properties in mainland Europe (Amsterdam, Paris, Rouen).

Following recent investment from the family-owned Huakee Group, Cycas intends to grow its portfolio to more than 10,000 guest rooms by 2022.

Having pioneered the branded extended-stay hotel concept in Europe, Cycas is London’s leading operator in this field and a partner of choice for international investors and major global hotel franchise brands, helping develop their dual-branded concept in the region. It will also be bringing Hyatt’s first dual-branded property to Europe, with the opening of the first extended-stay property serving Paris Charles de Gaulle Airport.

Cycas delivers a combination of expertise in hotel operations, property development and asset management. With the philosophy that “our job is not over until we get a smile” and winner of the Cateys 2018 ‘Best Employer’ award, its overarching goal is to be one of the best hospitality employers in the market, making its hotels the best places to work as well as stay.

To find out more visit or connect with us via LinkedIn and Twitter.

About Resolution Property

Resolution Property was founded in 1998 with the specific aim of investing in UK and European commercial real estate that offers scope for high returns through a combination of good initial stock selection, active management, refurbishment and redevelopment potential. Grounded in experience of some of Europe’s most successful urban development projects, Resolution Property creates inspiring places, from cutting-edge workspaces to vibrant retail destinations across Europe. Its London and UK regional office developments offer bespoke workplaces, recognizing that creative companies thrive in stimulating environments. Across Europe, Resolution uses innovative and creative asset management techniques to release un-tapped value from outlet centers and mixed-use schemes.

About Berkeley Capital Group

Berkeley Capital Group is a specialist real-estate firm which invests in and develops high-quality hotels and mixed-use schemes in the UK and Europe.

The firm partners with land and property owners, and investors including institutional funds, private equity firms and family offices looking for innovative, deliverable solutions for optimum value creation.

As a specialist hospitality-focused firm, Berkeley Capital has the ability to manage the entire value chain: from identifying sites, structuring the capital, bringing together a brand, an operator and the whole development team, to overseeing the development and asset management post hotel opening. Further information is available at

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause our actual results, performance or achievements to differ materially from current expectations include, among others, the rate and pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; the financial condition of, and our relationships with, third-party property owners, franchisees and hospitality venture partners; the possible inability of third-party owners, franchisees or development partners to access the capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); changes in the competitive environment in our industry, including as a result of industry consolidation, and the markets where we operate; general volatility of the capital markets and our ability to access such markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the U.S. Securities and Exchange Commission. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Source: Franchising

Endeavour Automotive officially opens Lotus Colchester dealership

September 30, 2018

Endeavour Automotive has officially opened its standalone Lotus franchise in Colchester – growing its representation with Geely-owned brands.

The AM100 retailer, which now operates 12 sites across the South East, has created the new sports car retail facility in a building adjacent to its Hyundai Colchester business on Fox Street, Ardleigh.

AM reported a fortnight ago on Endeavour’s plans for the new franchise following a series of social media posts announcing the group’s intention to become a Lotus retailer.

Speaking after the dealership’s official opening, Adrian Wallington, managing director of Endeavour Automotive, said: “We’re incredibly proud to be opening the new Lotus franchise in Colchester.

“This iconic sports car business will be a welcome addition to the Endeavour customer offering and continues our successful relationship with the Geely Auto Group.

“The quality and customer focus of the Geely brands reflects our own values, and our investment in new sectors demonstrates the confidence we have in the fantastic products already available and which are in future development.

Related: Endeavour Automotive prepares to open Lotus Colchester franchise

“I was very impressed when I visited the Lotus factory myself just a few weeks ago, and with the recent news that Phil Popham has been appointed to lead the brand, I can say for certain that it’s a truly exciting time to be involved with Lotus.”

Endeavour Lotus Colchester is around 45 miles from Lotus Cars’ headquarters in Hethel, Norfolk. It is one of only three official Lotus dealers in East Anglia and is set to capitalise on the regional pride in the marque.

Endeavour’s new Lotus franchise is staffed by a dedicated sales manager and two specialist technicians for service and aftersales.

Alongside the presentation of new cars in the showroom, the Colchester dealership will offer a comprehensive range of official parts and accessories and has outside is space for 30 specialist cars to be displayed from approved-used stock, a statement from the group revealed.

It also said that the group anticipates that there “could be beneficial cross-selling between the sites”.

The group said that those in the market for high-quality family transport consider a world-renowned sports car as their weekend wheels – or vice versa.

Endeavour made the decision to invest in the Geely-owned Lotus Cars franchise following its success with the Volvo brand in the South East.

In August the group also opened a new dealership for Geely’s LEVC electric taxi business, in Chiswick.

Source: AM Online

Alnwick business raises hundreds to support dog charity

September 29, 2018

An animal business in Alnwick has proved it is top dog when it comes to fund-raising, by collecting the most in the country for a vital charity. Barking Mad franchisees throughout the UK have donated almost £10,000 to Dogs for Good, which trains dogs to help people with severe disabilities.

And north Northumberland’s local franchise has emerged as England’s top money-raiser for the charity.

Tina Young, of Warkworth, whose team operates from Hawkhill Business Park, on the outskirts of Alnwick, said: “I’m thrilled to learn that the £705 we have raised so far has pushed us into the position of top dog in England. “The charity trains dogs to support people with disabilities, including children with autism, in order to enrich and improve lives.”

Related: Pet Franchises in the UK – Turn Your Passion into a Business

The team’s fund-raising efforts included a cake sale, raffles, a tombola and dog-biscuit sales.

Barking Mad offers a specialist dog-sitting service.

Source: Northumberland Gazette

UK economy suffers weakest six months since 2011

September 29, 2018

UK economy has suffered its weakest six-month growth period since 2011, as the figure for the first quarter was revised lower.

While the second reading for gross domestic product (GDP) confirmed initial estimates of 0.4% for the second quarter, the Office for National Statistics (ONS) said growth was weaker in the first three months of the year.

It has revised GDP down from 0.2% to 0.1% for the period from January to March this year – a period that saw the country hit by extreme wintry weather brought in by the Beast from the East. The 0.4% estimate for second quarter GDP was in line with economist estimates.

The pound was mixed on the release, trading higher by 0.1% against the euro at 1.124, but down 0.15% versus the US dollar at 1.305. The downward revision to first quarter growth was a result of updated construction estimates, which the ONS said was due to more comprehensive administrative data replacing surveys covering the industry.

It means construction output for the first quarter fell by 1.6%, the weakest quarterly growth since 2012. “There is an underlying trend of slowing real GDP growth, as the UK economy grew by 0.5% in the first half of 2018 compared with the second half of 2017,” the ONS report said. “This marks the weakest six-monthly growth since the second half of 2011”.

However, construction bounced back in the second quarter, with more favourable weather helping output grow 0.8%. Manufacturing fell by 0.7% between April and June. It marked the second consecutive quarterly fall, reflecting an “easing” in manufacturing export growth. Economic growth in the second quarter was supported by the UK’s powerhouse services sector, which grew 0.6% compared to subdued growth of just 0.3% in the first three months of the year.

It was helped by a rebound in retail sales, having been affected by adverse weather in the first quarter. But spending was fuelled by debt, according to ONS data, which showed households continued to be net borrowers in the second quarter.

Related: Chancellor says no deal Brexit will damage UK GDP for years to come

It was the seventh consecutive quarter in which households had to borrow or dip into savings to finance their spending and investment. “The households’ saving-ratio remains low by historical standards at 3.9%,” the ONS said.

Commenting on the data, the statistics agency’s head of national accounts Rob Kent-Smith said: “Although it has picked up a little from a slow start to the year, underlying economic growth remains persistently below the long-term average.

“The latest business investment data shows growth weakening for the fourth quarter in a row while households have spent more than they earned for seven consecutive quarters. “Meanwhile our deficit with the rest of the world has grown, with goods imports increasing and overseas income falling.”

Figures showed the UK’s current account deficit widening to 3.9% in the second quarter, due in part to the trading in “erratic goods” like gold and aircraft which the ONS said can be volatile and not necessarily representative of the underlying trend.

Business investment fell by 0.7% between April and June, with external surveys having suggested that Brexit uncertainties have been taking their toll. Howard Archer, chief economic adviser to the EY ITEM Club, said: “While GDP growth recovered in the second quarter, the growth mix was not particularly appetising on the expenditure side of the UK economy with business investment falling and net trade sharply negative.”

“Despite the recent improved performance of the UK economy and a pick-up in consumer price inflation to a 6-month high of 2.7% in August, we expect the Bank of England to hold fire on further interest rate hikes until after the UK leaves the EU in March 2019 given the major uncertainties that are occurring in the run-up to the UK’s departure.”

Source: Scotsman

Revive promotes Kelly Blackmore-Lee as business development director

September 28, 2018

Revive has promoted Kelly Blackmore-Lee from head of franchise operations south to business development director, alongside other senior appointments.

She joins managing director Mark Llewellyn, operations director Terry Mullen and franchise director Cathryn Hayes on the Revive board.

Previously head of compliance at the British Franchise Association (bfa), Blackmore-Lee was recruited by Revive last year to take up the newly created post of head of franchise operations south.

Llewellyn said: “Kelly has done a great job heading up the franchise network support division and we feel the time is right for her to carry out this function at board level.”

Related: Revive wins at BFA HSBC Franchise Awards 2018

Mullen said: “Originally it was just Mark and I on the board but as our business grew we recognised the need to invest in more top-level people.

“We invited Cathryn Hayes, one of the most respected and influential figures in the franchise industry to join us as franchise director in 2016 and it makes sense to bolster our board even further now with the addition of Kelly.

“I and my fellow directors extend a warm welcome to her.”

Blackmore-Lee said: “I’m delighted to be asked to join the board of Revive to continue the strong focus on franchisee support that we pride ourselves on at Revive and I’m looking forward to working even more closely with my fellow directors.”

Two other senior appointments have also been made to further strengthen Revive’s top class franchisee support. Steve Bramley has joined the business development team to mentor the franchisees in the North.

He has over 20 years’ experience in franchising gained from working with three well known UK brands. He has also supported the work of the BFA promoting ethical franchising as a board director and Midlands forum chairperson.

Lisa Fenton has been appointed learning and development manager and is responsible for developing and overseeing Revive’s training programmes and managing the training team.

Before joining Revive she ran her own training consultancy and was head of training for National Express.

Source: Fleet News

Jollibee, Asia’s biggest fast food chain, is coming to the UK

September 28, 2018

Asia’s largest fast-food chain, Jollibee Food Corporation, is set to open its first ever restaurant in the UK.

The move is the latest step in an aggressive expansion drive by the Philippine company, which already has more than 4000 restaurants worldwide.

Chief Executive Ernesto Tanmantiong said: “We aim to become one of the top five restaurant companies in the world.

Related: Fast Food Franchises in the UK – 10 Things Every Would-Be Franchisee Must Know

“Opening our first store in the United Kingdom brings us one step closer to realizing this vision.”

The new restaurant will be Jollibee’s second in Europe as, earlier this year, it opened a store in Milan, Italy.

Set to open on 20 October, the new store will be located in Earl’s Court Road, Earl’s Court, London. The location was selected, says Jollibee, because it is historically home to London’s biggest Filipino community.

Currently, 30% of Jollibee’s sales come from stores outside of the Philippines, including sales from both company-owned and franchise stores.

However, according to Nasdaq, the company’s founder Tony Tan Caktiong is hoping to grow that to 50% over the next five years.

Earlier this year, Jollibee took majority control of American burger firm Smashburger, signalling its intentions to further penetrate the North American market.

Related: Phillippines’ Jollibee plans to open 500 more stores worldwide as part of overseas drive

It also recently acquired 47% of Mexican restaurant concept Tortas Frontera and 100% of Titan Dining L.P, the master franchise holder of the Tim Ho Wan brand.

Source: FDF world

Franchise giant opens new office in the East Midlands

September 27, 2018

Winkworth has opened an office in Northampton.

The operation is owned and run by new franchisee Sunny Kooner, who is joined by an experienced team of property professionals with more than 40 years as residents in the area and over 60 years working in the local property market.

“Joining Winkworth is an exciting opportunity to start up a business in an industry that I love and with the support of a well-established brand behind me. Northampton has a strong, fast-moving property market” explains Kooner.

Related: Another franchise agency chain reports big growth in applicants

Winkworth chief executive Dominic Agace adds: “We’re dedicated to ensuring that when we open a new office, whether it’s a cold start or rebrand, it is always with the right people and in the right locations. A lot of hard work goes into launching new offices, but we work hard to provide an unrivalled support system to help with everything from the early stages of joining our franchise through to when an office is well underway.”

The property market in Northampton has been reported as one of the fastest moving in the UK, with properties selling in around 27 days – 20 days faster than the national average. The current average value of a property in Northampton is £258,583.

Winkworth currently has around 100 franchised branches, as well as a Mayfair-based office providing a support platform for all franchisees.

Source: Estate Agent Today

Papa John’s appoints new UK Managing Director

September 27, 2018

Leading pizza franchise, Papa John’s, has announced the appointment of its new UK managing director: Liz Williams.

Williams, who has more than 20 years’ experience in the food industry, will now be responsible for UK operations including overseeing the success of the Company’s network of more than 400 franchised stores throughout the country.

Liz Williams, managing director, Papa John’s UK explains: “The UK offers the biggest market place for pizza sales outside the US and our region represents a huge opportunity for Papa John’s and our franchisees.  Papa John’s stands out because the product is exceptional.  However, the Company’s: “BETTER INGREDIENTS.  BETTER PIZZA.” concept is only part of the story.  Our franchisees and their staff are highly trained and skilled in working with fresh dough and quality ingredients like our unique tomato sauce made from the best Californian tomatoes, to create the finest pizzas on the high street and we need to be even better at putting that message across to consumers to grow sales.

Related: Fast Food Franchises in the UK – 10 Things Every Would-Be Franchisee Must Know

“However, what works for our American operation and customers is not necessarily what works in the UK,” continues Williams.  “My new role will see the UK taking complete autonomy to drive the agenda for further regional expansion, based on extensive customer and franchisee feedback.

“One of the first projects I’ve embarked on since joining Papa John’s is a listening tour of the UK,” confirms Williams.  “I’ve been talking to franchisees to uncover their challenges and listening to customers to see how we can become even better.  From helping franchisees increase sales through innovative product development based on thorough customer research, to making the most of Papa John’s purchasing power to drive down costs, I will be using the information to review and further improve our operations and franchisee returns across the board.

“It is an exciting time for the Papa John’s family and we will be developing our culture of listening to generate even more ideas from franchisees, staff and customers alike to grow our market share, all with consumer satisfaction and loyalty firmly front-of-mind.  I’m also aiming to introduce a little bit more fun to the brand too, so watch this space!  We will reward entrepreneurial spirit which will be motivating for staff plus help us appeal to a younger demographic – the future of our customer base over the long-term.”

Related: Papa John’s pick out site for new Rotherham base

Before joining Papa John’s Liz Williams was CEO for restaurant brand Whyte & Brown Ltd and prior to that, director general manager of Greene King PLC’s Loch Fyne Restaurants for six years.  Williams’ extensive experience also includes time as managing director for Clapham House Group’s, The Real Greek and operations project manager at Pizza Hut (UK) Ltd.

As one of the largest pizza companies in the world, Papa John’s has opportunities for franchisees throughout the UK.  Help is provided with location selection and full turn-key opening of stores.  As a franchise, the Company supplies all the assistance needed to get your successful Papa John’s up and running.

Source: Hospitality and Catering News

Metro Bank supports hospitality franchise with £14M loan

September 26, 2018

Metro Bank has announced that it has provided Auriga Holdings Ltd, the restaurant franchise business, with a £13.95 million debt facility – its largest franchise loan to date.

The funds will be used by the group to further invest in its estate, with plans to open more hospitality sites over the coming years.

London-based Auriga operates a range of coffee and fast-food outlets, with over 20 sites and 500 employees, and is one of the longest-serving KFC franchisees in the UK.

Mark Stokes, Managing Director – Commercial Banking, at Metro Bank said: “This deal is particularly exciting for us as it marks Metro Bank’s largest loan package in the franchise sector to date. Our expert knowledge and personal approach enabled us to create a funding solution that will support Auriga’s existing debt and working capital. We look forward to working closely with the management team in delivering projected plans and continued success.”

Afnan Bashir, Managing Director at Auriga Holdings Ltd added: “We are delighted with the prospect of working with Metro Bank to facilitate our growth over the coming years. They have been very supportive throughout our banking migration process, and their dynamic and proactive approach to lending will be critical in our future plans.”

Source: BM Magazine

Why entrepreneurs should consider franchising

September 26, 2018

Pip Wilkins, CEO of the British Franchise Association, explains why franchising may be an ideal route for you to go down as a businessperson.

When choosing a career, do you go for passion or wealth? It’s the classic Catch-22 of whether you would rather have a job that you love but with a terrible pay or have a job you that hate but pays very well. According to a YouGov poll that was conducted in the summer of 2017, 64% of people would choose the former. However it shouldn’t have to be one or the other – it is possible to love what you do and get paid well for it. Step one is knowing what you are good at and passionate about, step two is turning that into a way of getting paid what you’re worth.

If you’re genuinely thinking about a career switch, then you should consider franchising as a possibility. It’s an industry with hundreds of successful business models and a way to turn an ambition into a reality. You get to be your own boss but also experience being part of a larger network of franchisees which offer help, support and training.

Related: Franchising Market Research 101 – A Complete Market Research Guide for UK Franchisees

It can be scary to think about leaving your job, old or young, well paid or not, it will always be risky decision as it is unpredictable. To make you feel a bit more confident, consider these facts: franchising in the UK has continuously seen around 90% of franchisees being profitable while the failure rate less than 5% over five years. Compare this to non-franchised small businesses where the failure is as high as 91% in its first year, franchising is looking pretty good. Most franchisees are also reporting to be returning a decent profit, with the average franchisee turnover continuing to rise, and over half of franchise business now claiming an annual turnover of more than £250,000, according to the latest bfa/Natwest report.

People go into franchising with all sorts of backgrounds and find a business that they love, even with no prior professional experience, from ex-military going into real estate to someone with years of PR experience going into educational programmes, franchising offers a platform to find and join a business you like. As long as you possess an ambitious energy to make that change to your life, you will succeed in achieving what you want. A lot of franchisors look for franchisees with drive and a desire to learn; it’s not always about doing what you already know and sticking with it. To own a business, you must be willing to adapt and develop professionally, and an ability to overcome challenges and solve problems. However, don’t forget about your transferable skills, know where your strengths lie and find a balance between this and doing what you enjoy.

There is a wealth of information about becoming a franchisee and what to expect. You won’t be leaving one job to just go and work for someone else. As a franchisee, you will be your own boss, working a business concept that has a proven system. Don’t be afraid to chase you dreams, or as Louise Krupski, a franchisee for Monkey Music put it: “Don’t wait for everything to be perfect before you get on with it – just get on with it.”

Source: Elite Business Magazine