American private investment firm Starwood Capital has acquired four distressed London hotels and a luxury residential block once operated by serviced apartment provider Think. In August last year the firm issued a statement saying that some of the... Read More
London’s Haymarket Hotel has been named the best in the UK. The Piccadilly hotel beat off hundreds of rivals to gain the accolade in the TripAdvisor Travellers’ Choice Awards. It also scooped seventh place in the European top hotels category and 20th in... Read More
Consumers have continued to up their spending on luxury items as the economy recovers which, along with the retail industry, has hugely benefited operators of leisure businesses across the country. This week, developer Birchall Estates has confirmed that... Read More
Confirmation that the National Asset Management Agency (NAMA) is about to sell its final batch of hotel portfolios has prompted one Irish property expert to predict that 2015 will see hotel values reach a pre-recession high. "Hotel trading and the... Read More
The De Vere empire has now been fully broken up, with United States private equity company KSL Capital Partners acquiring the final piece of the hotel group — the 28 property De Vere Village chain — for £480m. A former FTSE 100 listed company, De... Read More
One of Britain's leading budget leisure chains is about to take over a £12.5m new hotel on London's Royal Albert Docks — made entirely from converted shipping containers. With the first batch of "fully dressed" containers already being put... Read More
Investment firm KSL Capital Partners has agreed a deal with hotel group De Vere for its Village Urban Resorts hotel brand. The deal includes a total of 28 branded Village hotels, with locations including Coventry, Dudley, Walsall and Solihull. However,... Read More
After the surprise closure of a Tyneside hotel the landowner — property giant The Crown Estate — has now unveiled plans for a shopping park on the site. In July, staff and guests at the Travelodge on North Tyneside's Silverlink retail park,... Read More
GG Hospitality — the property company owned by footballers-turned-developers Gary Neville and Ryan Giggs — has confirmed it is delaying the opening of its hotel venture by four months. Hotel Football, being built in the shadow of the former... Read More
The new owner of Granada Television’s Manchester headquarters has hinted entertainment will remain a part of its regeneration plans for the historic studio. Allied London — the developer behind the city’s Spinningfields business and retail... Read More