Page 2 - Thomas Pash News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hospitality venues across the country have embarked on multimillion-dollar overseas hiring campaigns in an effort to attract talent to Australia.

Hospitality venues across the country have embarked on multimillion-dollar overseas hiring campaigns in an effort to attract talent to Australia.

Hospitality venues across the country have embarked on multimillion-dollar overseas hiring campaigns in an effort to attract talent to Australia.

A drink to higher profits Fine-dining restaurants have always been a huge financial gamble. With very high fixed costs -- labour and food -- it’s the fickle wind of public opinion that determines whether you make a 3% or even 5% profit margin. But can you achieve economies of scale at the high end by combining restaurants in a group, à la McDonalds? Back in the halcyon days before COVID-19, Quadrant Private Equity spent a chunk of cash to find out. In 2016 the Quadrant-backed Urban Purveyor Group paid about $60 million for Neil Perry’s Rockpool Group, which included some of the best res...

The chain has more than 16 brands and more than 80 restaurants across the country. Rockpool Dining Group CEO Thomas Pash said Fratelli Fresh was closed in line with the Federal Government's mandate for restaurants to stop in-venue trading to combat COVID-19. "For a period of time all of our team members were stood down across the country, as was the case across the entire hospitality industry," he said. "From June 2020, team members were gradually brought back to work as our restaurants started to reopen." There 15 full time and casual team members were impacted by the Coast closure. "F...