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Restaurant and venue operator D&D has announced the reopening of its South Place Hotel and the balance of its portfolio of UK restaurants.
The property is a boutique five-star hotel that features 80 bedrooms, five bars and a floor of event spaces.
The remainder of D&D’s restaurants and hotel portfolio will reopen at various dates between 28 August and 10 September – in line with its strategy to reopen venues in phases.
Des Gunewardena, chairman and CEO, said: “We’ve been pleased by July and August trading which have been well above expectations. August has been significantly boosted by the governments Eat Out To Help Out (EOTHO) scheme.
“The scheme has resulted in Monday to Wednesday revenues doubling. Net of some cannibalisation of revenues later in the week, overall weekly revenues have risen some 15-20% as a result of the initiative.”
He added: “The business is in a strong financial position as we move into the next phase of reopening. Our cash position has been strengthened by the injection of funds by both shareholders and our banks.
“We have not applied for government loans in the UK but have secured state backed Covid loans for our operations in Paris and New York. Overall D&D is in good shape and we are confident about the future despite the undoubted challenges ahead.”
The venues to reopen and their opening dates are as follows:
- 100 Wardour Street (28 Aug)
- Quaglino’s (28 Aug)
- Avenue (2 Sept)
- Bluebird White City (2 Sept)
- Launceston Place (2 Sept)
- Sartoria (2 Sept)
- The Modern Pantry (2 Sept)
- Aster (2 Sept)
- Plateau (2 Sept)
- New Street Grill (2 Sept)
- Fish Market (2 Sept)
- Old Bengal Bar (2 Sept)
- New Street Wine (3 Sept)
- South Place Hotel (3 Sept)
- South Place Chophouse (3 Sept)
- Angler (10 Sept)
