The Malhotra family has spent 4 years buying up properties on Newcastle’s Grey Street, and now its DAV Develoments plans to develop a £15m luxury hotel on the site. The luxury hotel will have 55 bedrooms, and the owners aspire for its standards and luxury to compare with London’s Dorchester The ambitious plan includes landscaping work on Drury Lane, development of the … [Read more...]
Interest in three Hilton hotels sees first round offer date set
Three Hilton hotels — Hilton Milton Keynes, Hilton Portsmouth and Hilton Coylumbridge (near Aviemore in Scotland) — were placed on the market in February. Interest received in the marketing of the three Hilton Worldwide hotels has resulted in the a first-round offer date of Monday 18th March being set for interested parties. All three hotels are operated by Hilton … [Read more...]
Chardon switches investment south due to uncertain Scottish tax regime
Maurice Taylor, founder and chief executive at leading independent hotel management company Chardon Management, has said that uncertainty over Scotland’s future tax regime is stifling hotel investment in Scotland, and, in Chardon’s case, resulting in plans to expand significantly south of the border in 2013. Taylor notes that hotel development in Scotland is presently … [Read more...]
Landmark hotel for sale in superb Brecon Beacons location
Pub sector specialists Colliers International are stepping up efforts to find a buyer for the Llanwenarth Hotel near Abergavenny. The hotel – owned by former Wales rugby league international and Bristol rugby stalwart Richard Wallace and his wife Anita – is in a tourist hotspot on the A40 near the Sugarloaf Mountain. Colliers International Hotels Director Peter Brunt said … [Read more...]
Premier Inn announces 500 ‘Apprenticeships’ as it opens 650th hotel
Premier Inn, the UK’s largest budget hotel operator, has announced plans to provide 500 Apprenticeships this year. The announcement was made at the official opening of Premier Inn’s 650th hotel at Waterloo by Employment Minister, Mark Hoban, MP and Whitbread Chairman, Anthony Habgood. 1,100 jobs created in last year As the UK’s fastest growing hotel chain Premier Inn … [Read more...]