Luxury restaurant, bar and hotel operator, D&D has seen its best ever Christmas trading, with overall revenues for 4 weeks to 31 December rising by 11% on the previous year, and Christmas Day like-for-like revenues was up by 20%.
UK venues were up by 6% in like-for-like revenues. Strong performances came from established City venues with South Place Hotel up by 16%, and Paternoster chop House up by 14%.
Established West End venues saw Orrery rise by 22%, Aster up by 19%, and Launceston Place rose by 14%.
It was a very successful month for more recently opened venues with German Gymnasium (pictured) up by 12%, and 20 Stories in Manchester hit over £1m in revenue in its first December.
Robust trading was seen at overseas venues with Alcazar, Paris up by 16%, and Bluebird London, NYC, which opened in September, saw a very successful first December.
Des Gunewardena, Chairman and CEO, commented, 'We were very pleased with our like for like growth in revenues compared with a strong December last year. As was the case then it was great to see both our more recent openings as well as our longest established venues performing well.
'For the full month of December, six of our venues achieved £1m+ net revenues. Quaglino’s and 100 Wardour street, our highest grossing restaurants, each achieving net revenues in excess of £1.4m. In the context of Brexit and uncertain financial markets it was rather a better than expected Christmas.”
