Hotels & leisure news – Page 22
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Gateshead council grants permission for new entertainment and cultural centre
The Gateshead Municipal Borough Council has approved plans for The Sage, a £260m waterfront leisure development in the city.
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Babylon Park to launch flagship UK leisure attraction in Camden
Israel-based global amusement park operator Babylon Park will launch its debut UK attraction at Camden Market Hawley Wharf in north London this spring, Property Week can reveal.
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Broadwick Live to open Royal Docks cultural venue
Events and venue operator Broadwick Live Group has leased 55,000 sq ft of space from ingredients giant Tate & Lyle in London’s Royal Docks to create a culture and music centre.
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Secure Income REIT extends leases with Merlin
Secure Income REIT has extended its leases with attraction company Merlin by 35 years to 55.5 years.
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UK’s highest gym launches at Landmark Pinnacle
The UK’s highest gym, at 571 ft in the sky, has launched to residents at Landmark Pinnacle, the UK’s tallest residential tower in Canary Wharf, London.
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Edyn secures £100m facility for European expansion
Hospitality firm edyn, which provides extended-stay accommodation, has secured £105m in debt funding from Blackstone Mortgage Trust and KSL Capital Partners’ European Capital Solutions (ECS) platform.
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Whitbread opens largest central London Premier Inn
Whitbread, the owner of the Premier Inn, has opened the largest central London Premier Inn hotel in Paddington.
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BNP sells Kensington hotel for private client
BNP Paribas Real Estate has sold The Exhibitionist hotel in South Kensington, London, on behalf of a private trust client for £10.6m to an undisclosed buyer.
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Westbury Mayfair Hotel signs £90m redevelopment agreement with Marriott
Westbury Mayfair Hotel’s owner Cola Holdings has signed a management agreement with Marriott International, which will see the building undergo a £90m redevelopment.
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Bolton rejects Peel L&P’s £414m Ryder Cup golf course scheme
Bolton Council has overwhelmingly rejected Peel L&P’s plan to develop a £414m scheme at Hulton Park comprising a golf course that could host the 2031 Ryder Cup and 1,000 homes.
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Lifestyle hotel pitched for Chester city centre
International Investment manager Cervidae and Manchester-based developer AXIS-RE have submitted plans for a 162-bedroom hotel in Chester.
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Vagina Museum finds new London opening in Bethnal Green
The Vagina Museum has found new London premises in Bethnal Green after leaving its first home in Camden Market last summer.
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Singaporean investor acquires four-star Manchester hotel
Singaporean investor CDL Hospitality Trusts (CDLHT) has paid £24.1.m for the four-star Hotel Brooklyn in Manchester.
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Valor appoints new ops director
Valor Hospitality Partners has appointed Michael Magrane as its new operations director.
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Cinema and leisure operator signs up for council scheme in Redhill
Reigate & Banstead Borough Council has signed up cinema and leisure operator The Light as the anchor tenant at The Rise development in Redhill.
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UK hotel sector on track to recover in 2022
Last year was challenging for the UK hotel sector, albeit with some encouraging green shoots of recovery over the latter part of the year.
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This week in… 2016
Total investment in the UK hotel market hit £8.1bn, the highest level since 2006.
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Green Planet AR Experience hits Regent Street
An augmented reality experience inspired by Sir David Attenborough’s Green Planet TV series has opened at 55 Regent Street, London.
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Alchemy Partners conjures up £300m hotel portfolio deal
Alchemy Partners has completed a deal to sell a portfolio of hotels in the north of England and Wales in a deal understood to value them at more than £300m.
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Landsec races towards first F1 leisure opening in City of London
Landsec has signed Adam Breeden’s new immersive, Formula 1 racing simulation experience at One New Change, a retail and leisure destination in the City of London.