Hotels & leisure news – Page 8
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News
Boxing brand UBX looks to clinch 250 clubs across UK
Australian boxing brand UBX and franchise investor Empowered Brands are aiming to roll out 250 boxing and strength training clubs across the UK over the next six to eight years as part of a £40m expansion plan.
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Cineworld cancels sell-off as it strikes deal to exit bankruptcy
Cineworld has cancelled plans to sell its businesses in the UK, the US and Ireland after failing to find a buyer.
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Leisure Resorts sells Yorkshire holiday home site
Leisure Resorts has sold the five-star holiday home site Rivers Edge Park in the Yorkshire Dales to UK Leisure Parks for an undisclosed sum.
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Not going for a song
Hosting this year’s Eurovision Song Contest boosts Liverpool holiday rents
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CBRE appoints Auger as head of hotels in UK
Global real estate adviser CBRE has appointed Miles Auger as head of hotels to drive performance and execute its UK strategy across its business lines including valuations, advisory, and capital markets.
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Esports venue Level Tap joins Liverpool One
Liverpool ONE, the city-centre destination being developed by Grosvenor and its partners, will become home to the first Level Tap interactive games venue next month.
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Deliveroo on the menu for SEGRO’s Acton Park
Developer SEGRO has signed up Deliveroo’s rapid grocery delivery service Deliveroo Hop for a new 2,980 sq ft shed on a seven-year lease at its Acton Park Industrial Estate in north-west London.
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Aprirose spends £10.6m on Whetstone Travelodge and Halfords site
Real estate investor Aprirose has acquired for £10.63m the freehold of an asset in Whetstone, north London, let to Travelodge with 18 years remaining on the lease, from Aviva Investors.
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Oxygen buys Jump Evolution as it seeks more indoor activity sites
Indoor activity centre owner Oxygen has acquired trampoline park operator Jump Evolution’s 27,500 sq ft Romford site for an undisclosed amount, bringing its number of leisure sites to 10.
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Blantyre and Fairtree check in to Crerar Hotel Group
Investors Blantyre Capital and Fairtree Hotel Investments have bought Scotland’s Crerar Hotel Group for a deal “in the region of tens of millions of pounds” from a group of shareholders.
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Royal Docks transformation plan featuring F1 circuit revealed
The LDN Collective, a network of built environment specialists, and engineering consultants Dar Group have unveiled a plan to transform Royal Docks in east London into a waterfront destination for sports, leisure and entertainment.
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Hotel investment begins to recover from pandemic, says Knight Frank
The hotel investment market has begun its recovery from the Covid-19 pandemic, new research has found.
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Gravity secures £30m in funding from Sculptor Real Estate
Active entertainment brand Gravity has secured up to £30m in funding from Sculptor Real Estate to deliver its growth plans.
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Earls Court regeneration relaunched with revamped masterplan
The developer behind the Earls Court regeneration scheme in west London has unveiled a new masterplan for the 40-acre site that includes the creation of 4,500 homes and a city park.
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Rival urges call-in for MSG’s Stratford Sphere as Gove considers scheme
Rival arena operator AEG Europe has urged Michael Gove to call in the controversial plans for the MSG Sphere in Stratford, east London, after it emerged that the housing secretary has pressed pause on the planning application to consider the proposals for the entertainment venue.
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London Sport and Art-Invest announce partnership for Canada Water Dockside
Art-Invest Real Estate and London Sport have announced a partnership that will see the sports charity deliver a sports provision at Canada Water Dockside, Art-Invest’s 4.5-acre office-led scheme.
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FMX Urban Property Advisers launches after retail and leisure specialists merger
FMX Urban Property Advisers (FMX) has officially launched following completion of the merger between retail and leisure specialists MMX Retail and Fawcett Mead.
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Fattal checks in to Brighton’s Grand Hotel
Fattal Hotel Group, owner of Leonardo Hotels UK & Ireland, has acquired Brighton’s Grand Hotel from the Weston family that controls Associated British Foods, for around £60m.
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Dalata Hotel Group purchases Maldron Hotel for £44.3m
Dalata Hotel Group, a hotel operator in Ireland with a growing presence in the UK and continental Europe, has announced the acquisition of its first Maldron hotel in London for £44.3m.
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Dominus to provide permanent London home for Migration Museum
Dominus is to create a permanent home for London’s Migration Museum as part of a proposed 769-bed student accommodation development near the Tower of London.