Hotels & leisure news – Page 2
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Greek 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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Gove 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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Nuveen 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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Hilton to open 100 NoMad hotels following Sydell takeover
The deal sees the firm enter the luxury lifestyle hotel market.
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Paddington 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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Gateshead 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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Travelodge to convert vacant east London office into hotel
Travelodge will repurpose Unex Group’s Gredley House in Stratford, east London.
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CitizenM 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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Powis Hotels puts Devon hotel and spa on the market for £4.25m
Savills has been appointed to sell the 44-bedroom property.
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Plans to build Premier Inn below The Brunswick Centre approved
Lazari Investments and Whitbread will build a hub by Premier Inn hotel below the grade II-listed building.
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RICS launches consultation on valuation of licensed premises
The institution published its last ’Valuation of Licensed Leisure Property including Public Houses, Bars, Nightclubs and Restaurants’ in 2010.
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Travelodge to grow new hotel openings after identifying 300 target locations
The budget hotel operator expects openings to return to more normal levels of development as market conditions improve.
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Planning policy holding back Westminster development, report finds
The Delivering Good Growth in Westminster report claims an additional 14m sq ft of commercial space could be delivered.
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Plans for £35m refurbishment of The Caledonian hotel unveiled
The project will expand the Waldorf Astoria Edinburgh to more than 300 rooms.
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London hotel development site valued at £250m up for sale
Savills and Cushman & Wakefield have been jointly appointed to conduct the sale.
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Jacob Rees-Mogg’s childhood mansion up for sale
Ston Easton Park Estate ceased trading as a hotel in 2021.
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Northampton shopping centre to be transformed into entertainment hub
The project to redevelop the Market Walk Shopping Centre site will cost over £12m.
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Alder King partner Stretton takes board advisory role at Soul Padel
The UK padel operator, Soul Padel has appointed partner and head of investment at Alder King, Oliver Stretton will be a board adviser for the business.
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Aprirose agrees ground rent acquisition on trio of hotels
The company has acquired the ground rents of Oulton Hall in Leeds, Slaley Hall in Northumberland and Crewe Hall in Cheshire from Lloyds Pension Fund.