Tuesday, December 7, 2021

Tag: brighton pier group

Brighton Pier Group enters acquisition drive in leisure sector as profits rise

Brighton Pier Group
Brighton Pier Group has this week confirmed it will pursue further acquisitions in the leisure sector, after reporting pre-tax profit of £4.2m for the year ending 27 June.

Brighton Pier thanks “pent up demand” for £1m week

Brighton Pier Group Financial
Brighton Palace Pier has recorded the best week in its 122-year history, as hot weather, pent-up demand and plentiful staycationers pushed summer sales up 44 percent on 2019

Staff shortages in abundance across the amusements and gaming sector

Staff Shortages gaming sector
The message to the UK’s political elite is pretty stark: you’re underestimating the problem of staff shortages - at our peril. The lack of staff at operations around the amusements and gaming sector is very real. Coinslot speaks to a range of operators and discovers a unity - “recruitment has been hard and will get harder”.

Worldpay apologises for error that saw Brighton Pier visitors charged £2,100

Worldpay overcharge Brighton Palace Pier customers
Brighton Palace Pier hit the headlines through no fault of its own last weekend, after payments provider Worldpay accidentally charged hundreds of customers more than £2,100 for their visit to the iconic south coast landmark.

Comment: Vaccination should end self-isolating requirement / Countering the counterfeiters / Energy in the industry

counterfeit fake merchandise comment
Another high profile case of fake toys saw two people imprisoned and nearly quarter of a million counterfeit prizes out of unwitting arcades. But is there something more that can be done to keep the counterfeiters out of the industry?

Brighton sets out blueprint for recovery as huge visitor numbers are predicted

Brighton recovery blueprint - huge numbers expected
Caught wanting by the surge of visitors flocking to its coastline last summer, Brighton and Hove Council has gone about reopening its £976m visitor economy with both vision and an eye to detail.

Review – International Women’s Day: Anne Ackord

Anne Ackord International Womens Day
After 35 years in the industry, there’s not much Anne Ackord hasn’t seen - including delivering a baby in public toilets - but after witnessing the government’s lack of understanding of the sector during the pandemic, the Brighton Pier Group CEO believes the industry deserves a little more recognition for its great contribution to the UK’s economy, health, and culture.

As Tim Martin takes aim at government “propaganda” on lockdown, fellow operators lend their backing

Tim Martin Wetherspoons Sweden without draconian restrictions
Wetherspoons CEO Tim Martin has argued that Sweden shows life can go on without resorting to draconian restrictions. It’s a view many operators, including Brighton Palace Pier owner Luke Johnson, supports.

Brighton Pier Group owner trashes second lockdown

Luke Johnson Brighton Pier Group
With his business pushed into the red, “cool-hand” Luke Johnson has added his voice to a growing throng of prominent figures openly deriding the government’s heavy-handed approach to coronavirus. It is, he says, “catastrophic”.

Ackord frustrated by government stalling on bar openings

Anne Ackord Brighton Pier Group
Covid has taken its toll from Brighton Pier Group in the form of late-night bar closures. And it’s costing young people’s jobs and putting what has been a strong company performance in pandemic conditions out of kilter.

Brighton Pier battered but braced for safe return

Brighton Pier
Brighton Pier Group has warned that its financial results will be “materially” impacted after the Covid-19 pandemic led to the complete closure of its business, but that Palace Pier is now ready to progress with a safe reopening.

Pier boss uses Question Time appearance to challenge government’s lockdown strategy

Luke Johnson lockdown strategy Brighton Pier Question Time
In between the woke and the waverers, it takes a brave person to challenge the roadmap to re-opening. Throwing down the gauntlet with some uncomfortable questions was Brighton Pier Group owner Luke Johnson who took to the Question Time platform to push the debate forward.

Shifting sands: One coast, a multitude of approaches to re-opening

Brighton Pier closed Coinslot journeys the south coast round to the east and discovers that there’s nothing normal about local policy to re-opening arcades
Coinslot journeys the south coast round to the east and discovers that there’s nothing normal about local policy to re-opening.

Brighton Pier: Boris’ plan sheds no light on when to re-open

Brighton Pier Anne Ackord re-open Boris sheds no light
The head of one of the UK’s most important free-to-visit attractions, Brighton Pier Group’s Anne Ackord, said the Boris re-opening roadmap still leaves her and her colleagues in the lurch and scratching their heads as to when they might open shop.

Brighton Pier Group on front foot in face of pandemic, says Ackord

Paradise Island Mini Golf Brighton Pier Group
The chief executive of Brighton Pier Group, Anne Ackord, has said that her company is well placed to get through the “unpredictable” months ahead.   The Brighton Pier Group has said that it is confident in being “well-positioned” to pull through the Coronavirus crisis, on the back of its most recent half-year results which saw it post healthy gains in both...

Paradise found: Brighton Pier Group buoyant off back of strong Paradise Island performance

Brighton Pier Group Financials
FY18-19 numbers for the Brighton Pier Group have seen the company plot a steady course to diversified growth, fresh off last year’s acquisition of..

Brighton Pier Group welcomes investment increase

Brighton Pier Group, welcome, investment, increase
HPB Pension Trust has increased its stake in the Brighton Pier Group by 12 percent, following a significant rise in stock performance. The London-based investment fund now holds 25.7 percent of the group’s share total, equivalent to 9.6 million of the company’s 37.3 million available shares. The announcement comes despite a profit warning being issued in January by Luke Johnson, chair...

Brighton Pier Group reflects on “active” year of reinvestment

Brighton-Palace-Pier
Income gains may not have been huge for Britain’s fourth most highly-trafficked free leisure attractions last year, but savvy investment for growth certainly was. Brighton Pier Group’s acquisition of the Paradise Island mini-golf brand is evidence of a confident company leaving chairman “Cool Hand” Luke Johnson confident of the BPG’s positioning. The year ending July 1 2018 saw the Brighton...

Pier boss boosts backing for Brighton landmark

Brighton Pier
Brighton Pier Group chairman Luke Johnson has announced he will increase his holding in the investment company, which has managed the Grade II listed Brighton Palace pier since 2016, from 23.7 percent to 27 percent. The highly regarded businessman, who recently bolstered his attraction portfolio with the acquisition of Paradise Island Adventure Golf, will increase his stake by exercising almost...

Brighton Pier Group stays on course despite turbulent weather

brighton pier
Brighton Pier Group has positioned itself well for growth across the breadth of its operations through the continuation of its acquisition strategy. All this in spite of a difficult H2 2017 operational climate.   Interim results for the 26 weeks up to 24 December 2017 for the Brighton Pier Group showed that despite adverse weather conditions impacting results at its titular...

Gulzar throws his hat into the ring for Hastings Pier ownership

It could be a case of entrepreneur vs entrepreneur in the battle for Hastings Pier, after Sheikh Abid Gulzar joined Brighton’s Luke Johnson on the list of those expressing interest in acquiring it.   The future of Hastings’ troubled pier rests in the hands of those with amusements based interests - with the owner of neighbouring Eastbourne Pier the latest to...

Brighton rocketing: pier sees increasing revenues, profits and investment

Coinslot - science Brighton pier marathon
In the first full year since its takeover by hospitality entrepreneur Luke Johnson, the Brighton Pier Group has recorded impressive results with a 278 percent rise in profits and a near 40 percent increase in revenues.   The Brighton Pier Group has announced a pre-tax profit of £3.5m for the year ending 25 June 2017, a 278 per-cent rise on...

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