A neglected Suffolk hotel — once the home of a pioneering Royal Navy seaplane unit — has been sold for more than £400,000. Abandoned and vandalised for more than two decades the North Sea Hotel on Felixstowe’s Sea Road was recently branded “a... Read More
The Commonwealth Games gave Glasgow the opportunity to showcase true Scottish hospitality, with a number of different areas of business benefiting hugely from the influx of guests to the city. One of the major beneficiaries of the Games was the hotel sector... Read More
Whitbread has slowly transformed itself into one of the leisure sector’s strongest competitors. In part, this is due to its commitment to investing in its subsidiary chains, with consumer demand for both Costa Coffee and Premier Inn pushing up the group’s... Read More
The demolition of one of Bath’s last remaining 1960s office blocks is putting a “significant” squeeze on the city’s commercial space, according to one agent. Despite being empty for more than six years, the bulldozing of Kingsmead House on... Read More
It was recently reported that Birmingham has been named the best UK destination for tourists for the second successive year. However, it appears that its northern rival Manchester is also attracting its fair share of visitors, with hotel occupancy reaching a... Read More
A city council has given a hotel group six weeks to start renovation work on a neglected former fire station before it takes legal action to acquire the listed landmark building. Manchester City Council served a compulsory purchase order (CPO) against... Read More
Peel Leisure — the Manchester-based subsidiary of the Peel Group — has completed a re-branding of its hotel division aimed at creating a “one-stop shop” for investment in the sector. Based at its parent company’s Trafford Centre offices,... Read More
Collapsed Irish management company assets hit the market A package of properties once owned by a collapsed Irish management company have been put on the market with a combined asking price of £132.3m. The triple-asset portfolio includes two Scottish... Read More
Scotland’s commercial property market has been a little uncertain of late, with the upcoming independence referendum leading many investors to hold out until the future of the country has been established. Fortunately, there are many more who are keen to... Read More
A report from PricewaterhouseCoopers LLP has good news for the US hospitality industry: It is on track to hit a 20-year high in 2015. The economy experienced a weather-related slowdown during the first three months of the year and then travel activity... Read More
