Hotels & leisure news – Page 4
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Pocket Planet leisure attraction signs for Oxford Street
Pocket Planet, an immersive experiential attraction featuring large model UK landmarks and miniature world models, has signed for 30,000 sq ft at the former New Look and Monsoon units on London’s Oxford Street.
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Four & Co appoints new associate director from GCW
London-based retail and leisure property specialist Four & Co has appointed Holly Kiely as an associate director within the business, where she will be working on a mix of lease advisory and agency instructions.
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Acuitus set for its largest auction in three years
Acuitus is gearing up for its largest auction in three years with a £3.75m restaurant, office and residential investment in Kensington, West London set to be the headline lot.
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Buckingham Group collapse hits string of stadium developments
Construction firm Buckingham Group has formally entered administration after attempts to find a buyer failed, throwing a wrench in the works of a number of major developments involving UK sports stadiums.
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PureGym reports rising profits as its opens more than 40 branches
PureGym has reported rising profits and membership in its half-year results to the end of June, after opening more than 40 new gyms over the past year.
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Notting Hill vegetarian restaurant on the table at Barnard Marcus sale
Barnard Marcus’ next auction on 11 September features a property in the heart of London’s Notting Hill, let for 25 years to a vegetarian restaurant and retail operator.
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Princess Diana’s preparatory school for sale
Riddlesworth Hall in Norfolk, attended by the late Princess Diana, is on the market with a price tag of £3m-plus.
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German investor snaps up Manchester’s 196 Deansgate in £25m office deal
Commercial Estate Group (CEG) has sold the 196 Deansgate office building in Manchester to AM alpha for a figure believed to be close to £25m.
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PPHE Hotel Group delivers record revenue amid strong room rate growth
PPHE Hotel Group has posted a 59% increase in revenue to £180m for the half year to 30 June 2023, compared to £113.2m for the same period last year.
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Tory donor told to demolish five-star Windsor hotel after planning breach
A multimillionaire Conservative donor has been ordered to knock down part or all of a five-star luxury hotel near Windsor after he breached planning regulations.
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Heaton Group unveils £180m Eckersley Mills masterplan
The Heaton Group has launched a masterplan for its £180m regeneration of the 17-acre Eckersley Mills site in Wigan as an office, leisure and residential complex.
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Shaftesbury Capital to sell £100m-plus Fitzrovia portfolio
Shaftesbury Capital has instructed CBRE to sell the group’s Fitzrovia assets in London for in excess of £100m, according to reports.
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Dalata reports strong revenue growth but profit dips
Dalata Hotels has posted a 3% fall in profit despite a 29% rise in revenue during the first half of the year.
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St Helens council wins CPO battle with pub unlocking town centre regeneration plans
A government planning inspector has ruled in favour of St Helens Borough Council’s compulsory purchase order (CPO) for a pub to make way for a major town centre redevelopment.
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Paulaner searching for 10 sites to bring Bräuhaus concept to the UK
Bavarian brewer Paulaner is hunting franchise partners to roll out its Bräuhaus restaurant and bar concept across the UK.
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UK hotels bounce back from Covid with strong revenue growth
Hotels in the UK are experiencing a post-Covid rebound, according to new research from Knight Frank.
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Redevco builds up assets and development management team
Regeneration specialist Redevco has strengthened its asset and development management team with a trio of promotions and new appointments.
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Lendlease appointed to deliver The Sage International Conference Centre in Gateshead
Australia-based property and construction giant Lendlease has been appointed by Gateshead Council’s development partner Ask:PATRIZIA to deliver The Sage International Conference Centre at Gateshead Quays.
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Barberry Group buys West Midlands Mecca Bingo hall for £5.92m
West Midlands-based developer Barberry Group has acquired a Mecca Bingo hall in Oldbury, Sandwell, for £5.92m.
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Hotels sector is proving robust despite headwinds, say three hospitality experts from Whitbread, Hogan Lovells and AREA
Joining Montfort’s Andrew Teacher in the latest episode of PropCast, three hospitality experts offer their perspectives on the challenges facing the sector, and where some of the best opportunities currently lie.