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A pint of beer may cost more during peak hours at some pubs owned by Britain’s largest pub company, which has in recent weeks adopted surge pricing. About 800 of the 4,000 pubs owned by the company, Stonegate Group, are either using “dynamic pricing,” in which prices rise at times of increased demand, or may use it in the future to help cope with higher costs for staffing and licensing requirements, Maureen Heffernan, a spokeswoman for Stonegate, said on Tuesday. Stonegate owns the popular pub chains Slug & Lettuce and Craft Union. Ms. Heffernan said that the timing of surge pricing, in which a pint of beer would cost about 20 pence (25 cents) more, would vary by pub, but that generally prices would be higher on weekends and evenings. In July, the average price for a pint of draft lager was 4.31 pounds (about $5.37), up from £4 a year earlier, according to Britain’s Office for National Statistics.
Persons: Maureen Heffernan, Stonegate, Ms, Heffernan Organizations: Britain’s, Stonegate, Craft Union, National Statistics
Nory has created an AI operating system to enable hospitality businesses to operate efficiently. "The hospitality industry has been under a lot of pressure, with inflation and staffing issues," he told Insider. Sheridan founded Nory in 2020 to help restaurateurs and other hospitality businesses "navigate that environment so they perform consistently." The platform is used by a range of UK and European hospitality businesses, including Stonegate Pubs and Dr. Juice. "Our thesis is that the hospitality industry is ripe for disruption," he said.
LONDON, Oct 17 (Reuters) - British pubs group Stonegate on Monday said that the High Court in London found in the company's favour in some aspects of its business interruption case against insurers but it will appeal against other aspects of the complex judgment. Register now for FREE unlimited access to Reuters.com RegisterReporting by Carolyn Cohn, Kirstin Ridley and Sam Tobin Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
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