Hotels & leisure news – Page 2
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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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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.
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Dominion Theatre secures long-term future with freehold buy
The London venue has purchased the freehold with a multi-million-pound loan from Lloyds Bank.
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Former WeWork boss to lead Dutch hotel firm Zoku’s UK expansion
Nelson joins firm as it “gears up” for an expansion in the London market.
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Active criminal investigation into Signature £140m property fraud
Four people have been arrested as part of the investigation.
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Hotel, office, home: It’s all in the mix
Over the past few years Property Week has frequently cited the trend of ‘hotelification’ in prime office development.
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BT Tower set to become hotel after £275m sale
The iconic landmark has been snapped up by US group MCR Hotels.
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Sticks n Sushi secures £22m loan to open UK restaurants
The group is set to open its 13th UK restaurant in May.
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Hollywood Bowl to roll into The Chimes in Uxbridge
Ten pin bowling brand joins Odeon as an anchor of a new leisure destination in the shopping centre.
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Savills’ Robert Stapleton on why hotels still prove a solid hedge against inflation
Hotels are the second-oldest asset class after residential – and consumers continue to seek a home away from home to visit new places, friends and family.
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Anytime Fitness opens its largest UK gym in Brixton
The franchied gym operator has signed a 15-year lease for the 12,000 sq ft site.
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Village Hotels owner puts brand up for sale with £800m price tag
US investment firm KSL Capital Partners has invited bids.
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McLaren to deliver £132m refit of Oxford Street House of Fraser store
Developer Publica Properties Establishment is aiming to restore the art deco landmark built in 1937.