Latest news with #RoseHotel
West Australian
16-05-2025
- Business
- West Australian
Bunbury's Rose Hotel reno complete at heart of town
The heritage restoration of one of WA's oldest hotels is complete. After nearly 10 years and $3 million, Bunbury's Rose Hotel is ready for its 160th birthday. It has been at the heart of Bunbury since 1865, witnessed two world wars and hosted prime ministers. LocalsCo, a Western Australian hospitality group which specialises in preserving the legacy of historic pubs, bought the State heritage-listed pub in 2015, aiming to restore and refresh it. The renovation inside was completed in 2017 and work on the outside started nearly two years ago. The veranda and first-floor balcony have been restored. Brickwork has been tuck-pointed, architraves and decorative ironwork repaired. And there have been some structural repairs. The hotel's 'Sample Room' is a single-storey, detached brick and iron room where commercial travellers could show their samples and conduct business. It is now the Rose Hotel's liquor store. A grant of $100,000 from the Heritage Council of Western Australia went towards the $3m in external works. LocalsCo director Dave Allan says: 'As the current custodians of the Rose, we are honoured to have led this extensive renovation, safeguarding its character while ensuring it remains a local pub for our community for years to come.' LocalsCo also owns Treendale Farm Hotel in Australind and Eaton Tavern, the Subiaco Hotel and the Bayswater Hotel in Perth, and the Exchange Hotel in Kalgoorlie. BIG BIRTHDAY This year is the Rose Hotel's 160th birthday, having first opened as a licensed premises in 1865. It is one of the oldest licensed establishments in WA and Australia. Rose Hotel venue manager Mat Jeffries says: 'With a lot to celebrate, we've got big plans for the Rose's 160th birthday this year. Now, with the work complete, we invite the community to once again enjoy the Rose in all its restored splendour.' The pub is open seven days a week from 11am.
Agriland
01-05-2025
- Business
- Agriland
Kerry Group CEO: ‘No replacement for US market'
The chief executive of Kerry Group has said that the US market will continue to be the most important for the company. Edmond Scanlon made the comments at the Kerry Group annual general meeting (AGM) which took place today (Thursday, May 1) at the Rose Hotel, Tralee. During the meeting, one shareholder voiced concern about the possible impact of US tariffs on Kerry Group and asked whether the company should instead focus on other markets. 'We've analysed all the scenarios, as best we possibly can. No one can predict the future, but we've done every type of analysis with our team internally, we've got plenty of advice from the outside. 'Where we have landed is that there is no replacement for the US market. This is the reality of the situation,' Scanlon said. US market Kerry Group currently has operations in more than 50 countries, with some 49 manufacturing facilities in the US market. The company's North American business is worth around €3 billion. 'At the end of the day, we're in the food business. People have to eat. It's just a basic fact. 'What consumers are looking for, not only in the US market but in every market, is for products that are a little bit healthier. There is no one better positioned in the US, or in any other market, to help our customer base to develop products that are a little bit healthier. 'We're definitely not giving up on the US market. The reality of the situation is that it is the most dynamic market that we're operating in,' Scanlon said. 'While tariffs have caused a lot of noise, we don't have any real significant exposure there because in the US we source and manufacture in the same country. We're importing very very little actually into the US. 'We're not immune but we're very well positioned. We're as well positioned as we possibly can be,' he added. Edmond Scanlon, Kerry Group chief executive (centre) pictured at the Kerry Group AGM in Tralee Source: Domnick Walsh Eye Focus The Kerry Group chief executive also noted that there is a lot of discussion currently in the US about making the diet healthier with less sugar, salt and calories in food. 'While there hasn't been any really published yet, there's a lot of discussion around this 'Make America Healthy Again' movement. 'Again, we're very well positioned to be able to help our customers to take sugar, salt and fat out of their formulations. That is exactly what they're talking about now. 'What we would love to see is regulations being implemented into the US to make the diet healthier because we have evolved our portfolio and changed our portfolio in recent years to help us to be able to meet that demand of the customer,' Scanlon said. 'After doing an extensive amount of analysis, we still feel that the US market will continue to be our most important market. 'While we'll have to manage through tariffs, it's not something we'd be calling out today as being a major risk to the business,' he added. Last month, US President Donald Trump announced a 90-day pause on the higher rate of tariffs on imports to the US from the EU and other countries, except China. Trump said all countries that had not retaliated against US tariffs would only face a blanket US tariff of 10% until July. Under the original announcement, agri-food produce from Ireland would have been impacted by a 20% tariff on exports from the EU. Kerry Group Earlier today, Kerry Group announced a 6.3% boost in revenue over the first three months of this year. In its Q1 Interim Management Statement 2025, reported revenue increased by 6.3% in the period, comprising volume growth of 3.1%, positive pricing of 0.2%, favourable transaction currency of 0.5%, favourable translation currency of 1.7%, and contribution from acquisitions net of disposals of 0.8%. Continuing business EBITDA (earnings before interest, taxes, depreciation, and amortisation) margin increased by 90bps (basis points), primarily driven by cost efficiencies, contribution from acquisitions, operating leverage, and portfolio mix.
