Quick Service Restaurant (QSR) & Pub Sector

Pub sales market remains resilient

RTÉ Business – 22.02.2021

The market for pubs in Dublin remained resilient last year, notwithstanding the heavy burden of the Covid-19 pandemic, a new report from Lisney has found. According to the research, the overall volume in pub sales continued to fall in 2020. In the capital, 13 premises were sold, compared to 16 a year earlier. A little under a third of those sales was for amounts in excess of €4m, down slightly on 2019. The activity came despite many pubs remaining closed for around 10 months of the year due to Covid-19 restrictions. Lisney says supply remained low from March onwards and it is also predicting that the majority of pubs for sale will remain limited, at least in the first half of 2021.

Camile Thai to create 300 jobs and raise €10m for tech updates

The Irish Times – 18.02.2021

Restaurant delivery group Camile Thai is to create 220 jobs locally and at least 80 more in Britain as part of a major expansion. The company is also intending to raise €10 million as part of a plan to progress with a technology-centric strategy that includes automating kitchen operations and drone deliveries. Camile Thai is to open 15 new outlets across Ireland and Britain with new Irish locations including The Point Village in Dublin, the refurbished Frascati Centre in Blackrock and elsewhere in counties Waterford, Mayo, and Cork. Among the 220 local jobs announced are roles in retail, business development, sales, marketing and in the restaurants.