Share drops and Ryder wins on the Compass

Multi-national catering company Compass Group has made the cut to be an official caterer for the 2010 Ryder Cup, alongside Mecco.

“We chose Compass not only because we have enjoyed a long and successful relationship with them, but also because of the consistency of the team that will work on the event,” says the European Ryder Cup director, Richard Hills.

The win comes as Compass shares fell sharply 23 July after it revealed a slowdown in revenues. The firm, which operates in 55 countries, says steep decreases in corporate hospitality spending have hit the company.

The 2010 Ryder Cup will be held at The Celtic Manor Resort, Wales, 1-3 October next year.

Paul Colston

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Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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