Hotels & leisure news – Page 3
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Rocket Padel to open courts at Battersea Power Station
The racket game is “the world’s fastest-growing sport”.
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Schroders Capital secures £100m for UK Operating Hotels launch
The Schroders Capital UK Operating Hotels strategy will extend the firm’s presence in the UK market.
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Liverpool’s Lock & Key Hotel on sale for more than £3m
The Sunday Times’ Top 100 British Hotels.
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Price Bailey data reveals pub closures at highest point in over a decade
The number of UK pubs fell from 41,015 to 38,175 in the 10 years to the end of 2023, recently released data shows.
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The Gym Group targets 50 new sites over next three years
The firm announced its new strategy as it reported full-year figures for 2023.
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A&o Hostels seeks office and retail properties for £427.5m expansion drive
The UK in included as firm seeks wide range of properties for pan-European expansion plan.
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Westminster rejects Criterion’s Pimlico hotel conversion to prevent loss of office space
The plans were put forward by Eccleston Square London, an investment vehicle for Asif Aziz’s Criterion Capital.
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Rapidly-growing NUMA Group enters UK hotels market with London acquisition
NUMA Group is now present in 15 European countries and 33 European cities with more than 5,850 hotel rooms.
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Savills appointed to market The Virgin Hotel Glasgow
The 165-room hotel closed just four months after opening last August.
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Network Rail and Lambeth Council unveil plans to transform Waterloo Station
Third-busiest UK transport hub to be remodelled to include new concourses with retail, leisure and office space.
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GLA seeks development partner for 4.3m sq ft Royal Albert Dock scheme
Around £5bn of investment is planned for the east London area over the next 20 years.
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STAA appoints Booking.com’s MacConnacher as chair
Fiona MacConnacher named chair and Leo Walton vice-chair of The UK Short Term Accommodation Association (STAA).
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Savills markets Cornwall and Devon hotels for £9.45m
The properties are available as a portfolio or for separate purchase.
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Young’s completes £162m City Pub Group takeover
The deal will boost Young’s estate to 279 pubs.
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Online
PPHE Hotels posts record annual revenue figures
A growing occupancy rate was behind a 26% rise in income.
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B&B Hotels signs lease for its first UK site
The firm operates more than 770 hotels across 17 countries in Europe, Brazil and the US.
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Dalata reports revenue surge as it gears up for UK expansion
The owner of the Maldron and Clayton hotel brands plans to add 1,000 UK rooms by the end of the year.
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LXi REIT completes Travelodge sales
The majority of the sale proceeds will be used to pay down debt.
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P-THREE appoints Gidney as director
Harriet Gidney has more than 15 years of experience advising owners and asset managers.
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Plans submitted for 8,500-capacity Edinburgh Arena
The venue, part of the wider Edinburgh Park regeneration project, would reportedly contribute £520m a year in GVA to the city’s economy.