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All Retail, leisure & hotels articles – Page 2
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NewsTravelodge owner to seek £1.2bn sale
US hedge fund GoldenTree is reported to be planning to sell budget hotel business Travelodge with a price tag of more than £1.2bn.
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OnlineNet tangible assets slump 15.1% at LXi following Secure Income REIT merger
The value of net tangible assets (NTA) at LXi REIT slumped 15.1% in the year to the end of March to 121.1p per share, compared to 142.6p a year earlier.
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NewsPromoted Luton Town FC vows to submit new stadium plans before August
Premier League-bound Luton Town FC has pledged to submit detailed plans for a new 23,500-seater stadium, 1,200 new homes and leisure, food and beverage and retail features, before the start of the new season.
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NewsBrookfield puts Center Parcs up for sale for between £4bn and £5bn
Brookfield has placed holiday resort group Center Parcs up for sale and is understood to be seeking between £4bn and £5bn.
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InsightVita Group’s Rob Parker on the perfect start-up accelerator for entrepreneurs
The pandemic and now the cost-of-living crisis have forced young adults to find ways to supplement their income. As many as one in five young adults are currently looking for a second income stream to support their lifestyle.
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InsightBGP’s Victoria Broadhead on how retail brands are seeking out opportunities across the UK
One of the effects of the pandemic was that the public became more familiar with the retailing ‘on our doorstep’. The shopping that millions of us might have done in the places we worked was now being done close to where we lived.
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NewsGreenlight for controversial 200-home development at Bristol zoo site
Plans for almost 200 homes on the site of Bristol Zoo Gardens have been approved despite significant local opposition, after council officers concluded that the scheme would help tackle the city’s housing crisis.
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OnlinePPHE Hotels posts positive update to investors
PPHE Hotel Group increased its revenue by 115% during the first quarter of 2023 as people returned to travel after the Covid-19 lockdowns.
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NewsConcerns raised over planning permission proposals for holiday lets
Government plans to require short-term rental owners in England to seek planning permission has raised concerns from property specialists.
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NewsNot going for a song
Hosting this year’s Eurovision Song Contest boosts Liverpool holiday rents
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InsightAllsop’s Aoife Broderick on why appealing 2017 rateable values means winning in 2026
When it comes to business rates, eyes tend to glaze over. Many property investors take the view that nothing is certain in life but death and taxes; they shrug their shoulders and pass on the bill to their accounts team to pay and file it.
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NewsBlantyre 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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MarketsA sector with room for growth
Hotel chains are expanding across Europe despite tough economic conditions.
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NewsFMX 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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NewsCouncil calls action on Pinewood Studios' 1.4m sq ft expansion
Pinewood Studios in Buckinghamshire is set to become the biggest studio complex in the world, with a total of 51 purpose-built stages, after gaining planning permission to add 1.4m sq ft of extra space.
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NewsCenter Parcs ditches plans for £400m holiday village near Crawley
Center Parcs UK has scrapped plans to build its sixth holiday village near Crawley after environmental concerns were uncovered.
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MarketsA northern retail powerhouse
Fenwick’s £40m refurb is just one of several Tyne & Wear retail revivals.
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NewsHotel deals tipped to bounce back from dip in 2022
Hotel deal activity is predicted to pick up pace in 2023 as the sector continues to recover, according to reports from Savills and Knight Frank.
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NewsLondon Resort to scale back £2.5bn theme park plans as boss quits
Proposals for multi-million pound Kent theme park the London Resort have been “significantly” scaled back after a “tumultuous year” for the troubled project, according to Steve Norris, chairman of developer London Resort Company Holdings (LRCH).
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NewsCineworld to begin discussions over sale of whole business
Bankrupt UK cinema operator Cineworld Group has confirmed it will begin discussions this month with potential buyers, but only those interested in buying the entire group as it seeks to avoid breaking up the business.
