At the same time as agreeing the sale of Cafe Football to Rowsley Ltd, Gary Neville and his partners have formed a joint venture for their St Michael’s development project in central Manchester. Under the JVA, Rowsley’s wholly owned subsidiary, R1 Investment Pte. Ltd. will invest approximately £40 million for a 75% stake in the joint venture company. The joint venture parties … [Read more...]
Rowsley to buy Hotel and Café Football
Rowsley Ltd. is embarking on a new strategy in the hospitality business with the acquisitions of a hotel, cafe and hotel management company owned by the “Class of 92” Manchester United footballers. Rowsley, a publicly-listed real estate company based in Singapore, announced it will pay £29.1 million (S$64.1 million) for a 75% shareholding in each of the three companies … [Read more...]
Wake Up Wonderful – to the new Premier Inn TV campaign
Premier Inn has revealed a £25 million multi-channel advertising campaign – kicking off with a new ad creative which sees Lenny Henry feature in his seventh advert for the UK's most loved hotel chain and showcases new material from Katie Melua. This comes in addition to the £140 million planned investment across Premier Inn for 2015, including the completion of an estate-wide … [Read more...]
Staff buyout at 21 hotel Alfa Leisureplex Group
Lloyds Bank Commercial Banking has funded an employee-backed buyout of Chorley-based Leisureplex Hotels and coach holiday group Alfa Travel in a deal that sees the business become controlled by its workforce. As part of the transaction, 75 per cent of a new holding company Alfa Leisureplex Group has been acquired by the company’s Employee Ownership Trust for an undisclosed … [Read more...]
Edwardian Group appoints Service Excellence Director and transforms May Fair Bar
Luxury independent hospitality group Edwardian Group London, which owns and operates Radisson Blu Edwardian brands and the May Fair Hotel, has today announced the appointment of Amir Jati as its new Service Excellence Director. With a long career in hospitality and having been instrumental in establishing private dining during a 10 year tenure at Nobu, Amir brings a new … [Read more...]