Restaurants & Bar News

The redesigned restaurant forms part of Accor’s broader effort to elevate guest experiences through upgraded public spaces and new culinary concepts.

The focus now is on stabilizing traffic, optimizing the restaurant footprint, and executing the turnaround plan with discipline.

The company said the decline in quarterly net income was mainly due to a decrease in operating profit and other incomes, while reduced advertising funds revenue, franchise royalty revenue and franchise fees weighed on the top line.

The new lineup includes Mary Brown’s Chicken, the country’s fastest-growing fried chicken chain; OEB Kitchen + Bar, a breakfast-and-brunch concept famous for its creative eggs Benedict; and Libretto Slice Shop, serving up New York-style pizza by the slice.

The company has already deployed more than US$600 million across its partner network, which includes 20 Michelin-starred restaurants and 50 James Beard Award nominees, proof that even the culinary elite see value in the model.

Supy’s AI-powered invoice processing and mobile scan-to-count features eliminate thousands of hours of manual work.

The company’s collapse was precipitated by a Supreme Court ruling ordering the return of 21.5 billion won (US$14.8 million) in “margin franchise fees”, undisclosed markups on supplies sold to franchise operators.

Comparable sales rose 3.1% overall, powered by a sizzling 6.1% jump at its international segment and steady gains at Tim Hortons Canada and Burger King U.S.

International operated markets delivered their third consecutive quarter above 4% growth, led by the U.K., Germany, and Australia, each posting mid- to high-single-digit gains. International developmental licensed markets, including China and Brazil, grew 4.5%.

The deal will bring 5 Pickl restaurants and 10 BonBird locations to Iraq, with the very first outlets set to open at Iraq Mall in Baghdad during Q2 2026.