All Retail, leisure & hotels articles – Page 9
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Online
Best Western offers hotels to NHS for Covid-19 support
Best Western has offered its hotels to the NHS as Covid-19 hospital admissions continue to rise.
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BrewDog offers up closed bars for vaccination rollout
Craft beer giant BrewDog has offered up its closed venues to help with the rollout of Covid-19 vaccinations.
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Dalata Hotel Group EBITDA expected to be higher than predicted
Dalata Hotel Group expects its EBITDA to be marginally ahead of market expectations on 31 December despite the challenging environment.
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Pressure growing on F&B retailers to pay back business rates relief
Pressure is growing on a number of F B retailers to pay back business rates relief after almost £2bn was given back to the treasury by a number of supermarkets.
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Ashley’s Frasers Group in talks to save Debenhams
Mike Ashley’s Frasers Group is in negotiations with administrators regarding a potential rescue of Debenhams.
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Bloomsbury hotel portfolio on the market for £37m
A collection of eight freehold hotel properties in London’s Bloomsbury is on sale for £37m total.
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Olympia London confirms first three tenants
Yoo Capital and Deutsche Finance International have confirmed live entertainment company AEG Presents, hotel brands Hyatt and citizenM as the first tenants at the regenerated Olympia London in west London.
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URW places £1.79bn bond after shareholders reject share issue
Unibail-Rodamco-Westfield (URW) has placed a €2bn (£1.79bn) bond, days after its chief executive announced his intention to step down.
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Nine Travelodge hotels move to competitor AGO
Nine Travelodge hotels have moved to new platform AGO Hotels following the break clause deadline on 18 November.
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Markets
Weathering the Covid storm
Amid lockdown 2.0, the south west region’s leisure industry is once again holding its breath.
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Clarks CVA passes amid criticism
Clarks CVA has passed successfully despite fierce operation from landlords.
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Green light for Gateshead’s £260m regeneration scheme
Gateshead council has approved plans for a £260m regeneration development which will create 2,000 jobs in the region.
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URW shareholders reject proposed £3.13bn capital raise
Unibail-Rodamco-Westfield’s (URW) shareholders have rejected a €3.5bn (£3.13bn) rights issue.
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Landlords criticise Clarks’ CVA
Landlords have criticised shoemaker Clarks over the alleged abuse of the company voluntary arrangement (CVA) process, according to The Sunday Times.
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First images revealed of Capital & Centric’s Leonardo Hotel in Manchester
The first images have been revealed of Capital Centric’s £35m Leonardo Hotel in Manchester’s Piccadilly East.
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Markets
Adapting to survive and thrive
Retail is embracing change to get through the new national lockdown.
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Real Estate Investors increases rent collection
Midlands-based commercial property group Real Estate Investors has seen an increase in rent collections as it provided an update to the stock exchange.
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Mike Ashley ‘explodes in anger’ after being cut out of Debenhams auction
Mike Ashley has ‘exploded in anger’ after allegedly being cut out of the auction of Debenhams, according to The Sunday Times .
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Scottish government throws out Edinburgh luxury hotel plans
Scottish government ministers have thrown out an appeal for a 150-room luxury hotel in Edinburgh, claiming it would result in “considerable damage” to a location within the city’s UNESCO World Heritage Site.
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Wroxall Abbey Hotel & Estate secures new tenant
Savills has agreed a new 100-year lease at Wroxall Abbey Hotel Estate in Warwickshire on behalf of a private client to Trinity Hotel.