All the news from across the UK hotels and leisure sector including sales, portfolios, new developments and sector trends
2020-02-25T14:48:00+00:00By Jessica Newman
Travelodge has appointed Steve Bennett as its new property director.
2020-05-29T07:45:00+01:00By Emma Shone
Hostel operator Safestay saw its revenue jump by 26% last year, but recorded a loss before tax of £0.6m.
2020-05-28T10:15:00+01:00By Jessica Newman
Cineworld has secured a waiver on loan covenant and agreed $110 (£89.7m) of extra liquidity through an increase in its revolving debt facility.
2020-05-28T00:00:00+01:00By Sally Hickey
A business representing the landlords of almost 400 Travelodge hotels is putting together a list of alternative options for landlords should the hotel operator decide to undertake a CVA.
2020-05-26T15:52:00+01:00By Grace Howarth
Premier Inn owner Whitbread has secured planning permission to rebuild its Cribbs Causeway property after a fire in July 2019 damaged the 177-bedroom hotel and restaurant.
2020-05-26T13:37:00+01:00By Jessica Newman
The UK’s top 30 hotel groups have debt levels 44% higher than they had during the credit crunch, making it more challenging for the sector to weather the Covid-19 storm without help from the government, according to law firm Boodle Hatfield.
2020-05-21T10:33:00+01:00By Sally Hickey
One of Travelodge’s biggest landlords is gathering support for an alternative payment plan in an effort to stop the operator going through a CVA process.
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