Hotels & leisure news – Page 18
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Lendlease signs Everyman cinema to anchor Turing building in new London quarter
Lendlease has signed cinema operator Everyman as the anchor leisure tenant at its Turing Building in International Quarter in Stratford, east London.
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Savills and CBRE appointed to sell 32 Wetherspoon pubs
Pub operator JD Wetherspoon has announced the appointment of Savills and CBRE to sell 32 of its pubs across England.
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Sovereign Peveril JV submits plans for £500m Hertfordshire mixed-use scheme
Development joint venture Sovereign Peveril, the Borough of Broxbourne and Hertfordshire County Council have submitted planning for the £500m Brookfield Riverside development.
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Former Butlin’s owner buys back parks chain
Vendor Blackstone will reinvest £300m sale price in other Bourne Leisure brands
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Dublin’s Buswells Hotel up for sale for €22m
The Buswells Hotel in Dublin has been placed on the market with a guide price of €22m (£19m).
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Troon International makes 10 appointments globally
Golf and golf-related hospitality management company Troon International has made 10 appointments across Europe, North America and Asia.
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Savills acquires James A Barker
Savills has acquired James A Barker (JAB), a specialist adviser for licensed property, for an undisclosed amount.
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LXi REIT sells income tranche from theme park assets for £257m
Commercial property investor LXi REIT has sold a 65-year “income strip” representing 30% of the annual rental income from Merlin Entertainments-run theme park assets to an unnamed UK institution for £257m.
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PPHE reveals leap in revenue as hotels open again after Covid lockdowns
PPHE Hotel Group has posted a whopping 339.4% rise in revenue for the first half of the year following the end of Covid lockdown restrictions.
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Dalata reveals post-pandemic recovery in half-year figures
Dalata Hotel Group has posted a sharp rise in revenue for the six months to the end of June, beating pre-pandemic levels.
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Whitbread takes prime site on London’s Strand for £200m hub by Premier Inn hotel
Whitbread has acquired 5 Strand, a prime freehold property on the Strand in central London near Trafalgar Square.
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MetroCentre buys Gateshead former brewery for leisure development
The owner of the UK’s biggest shopping centre has acquired 13 acres of neighbouring land in Gateshead once used by a brewery to produce Newcastle Brown Ale, to develop leisure activities.
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Battersea Power Station to welcome further range of brands
More than 20 brands are set to open stores at Battersea Power Station and the surrounding area, including Abercrombie & Fitch, IWC and M&S Food Hall.
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Landsec adds third ‘UK first’ leisure attraction at Bluewater
Real estate giant Landsec has added to its leisure offer at Bluewater with the free-fall experience Skydive, the UK’s only outdoor sky dive machine.
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Hangloose Adventures extends partnership with Landsec
Hangloose Adventures is expanding its partnership with Landsec at Bluewater in Kent, bringing Europe’s biggest purpose-built giant swing and the UK’s only outdoor skydive machine to the shopping and leisure destination.
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Aprirose picks Croydon for second Birch hotel opening
Real estate investor Aprirose has announced that the Selsdon Park Hotel in Croydon is to become the second property for its Birch lifestyle brand.
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Margate hotel will be star lot in bumper Auction House London sale
Auction House London has launched a bumper 212-lot catalogue for its summer sale on 3 August, headlined by a £1.65m hotel in Margate, Kent.
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Champneys secures £108m loan from Cheyne Capital
Global alternative asset manager Cheyne Capital has provided a £108m senior loan to Champneys Health Resorts.
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Tartan makes splash with Scottish inland surf centre
Scottish developer Tartan Leisure has revealed plans to develop the first inland surfing destination north of the border at a new £55m leisure and staycation facility in Ratho, near Edinburgh.
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City Corporation gives green light to hotel development
The City of London Corporation’s planning and transportation committee has approved plans for a new hotel development at Boundary House, 7-17 Jewry Street.