Work will start this month on a £45m development on the edge of Edinburgh’s Royal Mile to bring a new hotel-led, mixed use development to the Castlehill area of the city. Multi-sector property developers, Chris Stewart Group, have announced that they have completed the purchase of a 140,000 sq ft site and have agreed terms with Motel One, one of Europe’s fastest growing … [Read more...]
London hotels score through The Champions League Final
Despite not yet knowing who the two finalists will be, the UEFA Champions League final at Wembley Stadium in May has already caused a surge in hotel bookings for the capital. Group occupancy levels for the night of the game are already up a staggering 93.7% year-over-year. Europe’s footballing elite have battled it out this season in a bid to play in the final of the … [Read more...]
Travelodge plans £100m investment in 36 new hotels
Travelodge has revealed plans for a £100m investment in 36 new hotels by 2015 in partnership with pub companies. Already co-located with pub companies on 15 developments across the UK, Travelodge is now working with Greene King, JW Lees, Marston’s, Mitchells & Butlers (M&B) and JD Wetherspoon to find further development opportunities across the … [Read more...]
£15m Butlins hotel job awarded in Bognor
Sir Robert McAlpine has been awarded the design and build contract for a 244-room hotel at the Butlins resort in Bognor Regis, West Sussex. The hotel is part of a £100m investment being made over six years into revamping its resorts. The eight-storey development for Butlins Skyline will be L-shaped in plan, its upper levels reducing in footprint to create a series of … [Read more...]
Property of the Week, The Fish House Hotel & Restaurant
Multi-award winning ‘trophy’ hotel and restaurant for sale. Christie + Co is pleased to announce its appointment to handle the sale of The Fish House Hotel & Restaurant, Chilgrove, near Chichester on the instructions of Chris Stevens and Ian Vickers, partners at FRP Advisory LLP, appointed as Joint Administrators to The Fish House Chilgrove Limited and Joint Receivers of … [Read more...]