Red Hot World Buffet Defies Double-Dip Recession to Lead Hospitality Boom
Red Hot World Buffet is leading impressive growth in the hospitality industry, despite recent figures revealing the UK economy has entered a double-dip recession.
Easter trading statistics for the national restaurant chain indicate a 5.5 per cent improvement on last year, while Mother’s Day resulted in an eight per cent rise compared with 2011.
The brand’s successful apprenticeship scheme is also expanding, with approximately 70 youngsters enrolled as trainee chefs, waiters and bar staff on the programme to-date.
Helen Dhaliwal, director of Red Hot World Buffet, says: “We’re so proud to see the company – and the hospitality industry as a whole – beating the recession.
“Red Hot is leading from the front, in one of the few sectors enjoying significant growth at the moment. We have seven restaurants and plan to open a further 18 by the end of 2014, securing even more apprenticeships and hundreds of jobs in the industry,” Helen adds.
The firm’s impressive financial results follow recent predictions from the Horizons Breakfast Briefing held at London’s Armourer’s Hall, in which Horizons’ managing director Peter Backman suggested the hospitality industry as a whole is set for steady growth over the next 18 months.
According to the report, the sectors ‘winners’ in 2012 will be those who invest in innovation and boost store numbers; priorities which Red Hot World Buffet is currently focusing on.
Published on 08/05/2012 12:28:49
14 Paradise Street, Leisure Terrace
Liverpool ONE, Liverpool
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