Beer sales down as hotels go on sale

Philippines News.Net
Sunday 5th July, 2009

Declining British beer sales have caused UK brewer Scottish & Newcastle to put many of their hotels up for sale.

The group has said it wished to focus on other outlets it manages for Royal Bank of Scotland and Globe Pub Company.

Scottish & Newcastle will put 20 of their iconic pubs on sale.

S&N operates more than 2,000 pubs through
the UK, where beer sales are at their lowest levels in almost 40 years.

Pub and club sales fell 6.3 per cent during the first quarter of the year.

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