All Retail, leisure & hotels articles – Page 5
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Online
Oxygen extends trampoline portfolio with RedKangaroo acquisition
Indoor family activity brand, Oxygen, has acquired regional trampoline operator, RedKangaroo.
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News
Industry backs hotel use for asylum seekers
The use of hotels to house refugees and asylum seekers is temporary but necessary, hotel sector experts have insisted, after the High Court ruled the Home Office had a statutory duty to provide accommodation for destitute asylum seekers who would otherwise be homeless.
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Markets
Retail’s experiential revolution
Shopping centres are betting on leisure and F&B to boost footfall post-Covid. Claire Robson reports
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News
Whitbread appoints Jill Anderson to property acquisition team
Whitbread, parent company to Premier Inn, has appointed Jill Anderson as a director of its property acquisition team to help reach its target of 125,000 UK and Ireland bedrooms.
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Online
PPHE Hotels beats pre-pandemic revenue
PPHE Hotel Group has told investors it achieved a sharp rise in revenue during the third quarter.
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Online
Fattal Group buys Dilly Hotel in London’s West End
Leonardo Hotels has acquired the Dilly Hotel in London and plans to invest £90m to upgrade the property.
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News
B&B Hotels seeks property partners and 100 UK sites
European budget hotel operator B&B Hotels is hunting for sites and property partners as it plans to launch in the UK and open 100 hotels here by 2035.
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News
Former Butlin’s owner buys back parks chain
Vendor Blackstone will reinvest £300m sale price in other Bourne Leisure brands
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News
Dublin’s Buswells Hotel up for sale for €22m
The Buswells Hotel in Dublin has been placed on the market with a guide price of €22m (£19m).
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News
Butlin’s sites bought for £300m
Private pension fund provider Universities Superannuation Scheme (USS) has purchased Butlin’s holiday resort sites for £300m.
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Insight
British seaside now a Premier location
Boosted by the staycation trend, Whitbread is targeting coastal and leisure locations to expand its Premier Inn chain. Acquisitions manager Louise Woodruff reveals to Andy Hillier what kind of sites it is seeking.
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News
Dominvs secures approval for 837-room two-hotel scheme in Nine Elms
Wandsworth Council’s planning committee has approved developer and investor Dominvs Group’s plans for a two-hotel scheme in Nine Elms.
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News
East London’s 3 Mills studios set for £6m modernisation
The London Legacy Development Corporation (LLDC) is to invest £6m in renovating and modernising several historic buildings at its 3 Mills film studio in east London.
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News
Birmingham City Council acquires five-acre retail park
Birmingham City Council has purchased a five-acre retail park in Sutton Coldfield in a £15.6m off-market deal.
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News
Hotel investment scheme directors disqualified for total 25 years
The directors behind an £8.9m hotel room investment scheme have been disqualified from running companies for a total of 25 years, according to the Insolvency Service.
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News
Helmsley Group’s York net zero hotel plan approved
City of York Council has approved plans for an 82-bedroom, city-centre hotel that developer and investor Hemsley Group said would be one of the first in the UK to generate net-zero greenhouse gas emissions.
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News
Pret A Manger secures 4,109 sq ft at The Avenue in the West End
AshbyCapital, the property investment advisory company, has let 4,109 sq ft of space at The Avenue development in London’s West End to Pret A Manger.
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News
Abrdn markets County Mall for the third time
Crawley shopping centre offered at further discount after failing to sell twice.
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News
Newbury hotel and golf club put up for sale
Donnington Grove Hotel & Golf Club in Newbury has been put up for sale for £10m by Sandtrend, its owner for the past 17 years.