All Retail, leisure & hotels articles – Page 3
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News
Cineworld suspends listing on London Stock Exchange
Cineworld has suspended its listing on the London Stock Exchange and applied to the High Court to be put under administration amid its restructuring process.
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Online
Stärka recruits Gavaghan from Bruntwood
Leisure real estate adviser Stärka has appointed Lauren Gavaghan as acquisitions and development consultant.
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News
Youth Hostel Association puts 20 hostels on the market as cost-of-living bites
The Youth Hostel Association (YHA) is stepping back from the management of a third of its 150-plus properties in England and Wales, with 20 hostels now on the market.
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Online
Hammerson to transform car parks with daredevil circuses over summer
Hammerson is set to roll out pop-up circus and a range of entertainment across its retail centre car park space in what will be a first in the property sector.
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Online
PPHE Hotels raises full-year forecasts after strong first half performance
PPHE Hotel Group has told investors it has maintained its “positive trading momentum” ahead of the end of its financial half-year on Friday.
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Online
TDR Capital considers £2bn sale of David Lloyd Leisure
TDR Capital is reported to be considering a £2bn sale of upmarket gym chain David Lloyd Leisure.
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News
Wirral retail and leisure scheme hits market
The Curve, a retail and leisure centre in Heswall town centre on the Wirral Peninsula, has hit the market with a guide price of £2.5m.
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News
Crown Estate puts historic Windsor hotel up for sale
The Crown Estate has put the Harte & Garter Hotel and Spa in Windsor up for sale as a prime hospitality development opportunity, seeking offers in excess of £13.25m.
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News
Cineworld close to appointing administrators
Troubled cinema operator Cineworld is believed to be close to appointing administrators as part of the ongoing restructuring of the debt-laden firm.
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News
Travelodge 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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Online
Net 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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News
Promoted 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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News
Brookfield 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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Insight
Vita 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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Insight
BGP’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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News
Greenlight 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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Online
PPHE 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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News
Concerns 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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News
Not going for a song
Hosting this year’s Eurovision Song Contest boosts Liverpool holiday rents
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Insight
Allsop’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.