Hotels & leisure news
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NewsBeer keg logistics firm moves into MK 147
US-based company Kegstar is expanding its presence in Europe.
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OnlineUK hotel investment hits post-pandemic high
New data shows 138% surge in activity in Q1 compared to the same period in 2023.
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NewsSix by Nico to open restaurant at Oxford’s Westgate
Six by Nico is to let a 4,300 sq ft space in Oxford’s Westgate shopping centre as it opens its 15th restaurant.
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NewsNI office market surges in Q1 as deals slow
CBRE predicts greater opportunity thanks to end of Stormont deadlock and decreasing inflationary pressure.
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NewsThe Portobello Pub Company takes over Darwin & Wallace bars
The deal takes the Portobello portfolio to 27 sites.
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NewsNorth Wind Capital buys vacant Mayfair mixed-use property for £35m
The investment office made the acquisition using an 18-month bridging loan from Cohort Capital.
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NewsPlans submitted to convert Southampton hotel into student accommodation
The grade II-listed Dolphin Hotel is currently providing temporary accommodation to asylum seekers under a Home Office contract ending next month.
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NewsExperiential leisure operator Red Engine secures £60m expansion loan
Santander, HSBC and Barclays provide debt facility to back opening of eight more darts and shuffleboard bars.
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NewsMotel One owner plans expansion after buying Proprium’s £1bn stake
The Munich-headquartered group, which owns eight UK hotels, has said the deal now values it at €4.1bn.
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NewsBirmingham City FC buys land for new stadium development
An entity managed by Knighthead Capital Management has purchased the former Wheels go-karting site in Bordesley Park.
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NewsGreek hotel brand to make UK debut with Covent Garden site
Boutique hotel brand ERGON House is set to enter the UK market.
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NewsGove rejects 12-storey hotel and energy park plan for Bucks village
Developer Adveneco had proposed an exemplar of sustainable development for the site in Dorney.
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NewsNuveen sells Edinburgh’s OMNi retail and leisure asset for £64m
The mixed-use development includes a Vue cinema, a Wetherspoons and a Nandos.
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NewsHilton to open 100 NoMad hotels following Sydell takeover
The deal sees the firm enter the luxury lifestyle hotel market.
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NewsPaddington hotel to go under the hammer for £16m at Strettons’ April auction
The asset is among the highest-valued lots ever to be offered at an auction in the UK.
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NewsGateshead plans ‘urban community’ around Metrocentre
The shopping centre, the largest in the North East, has 400 stores and 2.1m sq ft of lettable space.
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NewsTravelodge to convert vacant east London office into hotel
Travelodge will repurpose Unex Group’s Gredley House in Stratford, east London.
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NewsCitizenM major shareholders tipped to retain stake if £3.4bn sale goes ahead
Dutch pension provider APG and Singaporean wealth fund GIC own major stakes in the firm.
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NewsPowis Hotels puts Devon hotel and spa on the market for £4.25m
Savills has been appointed to sell the 44-bedroom property.
