Macdonald Hotels has announced its results for the year ended 27 March 2014 and reported a continued improvement in its trading performance and financial position. Group turnover of £145.5m (£138.6m) was up 5% delivering a 29% increase in the Group reported profit before exceptional items to £4.2m (£3.3m). Gordon Fraser, deputy chairman and group finance director … [Read more...]
#1 Lyndhurst hotel sold to overseas investor
The freehold of The Penny Farthing, currently rated #1 Lyndhurst hotel on TripAdvisor, has been sold by leisure property specialist Fleurets to an overseas investor, Middle Eastern Ymat Investments Ltd. This positive news for the hotel follows sad and recent closure of the prominent Lyndhurst Park Hotel. The property was placed on the market for the first time after 21 years … [Read more...]
Major spa investment at Rockliffe Hall
Rockliffe Hall, in Hurworth near Darlington, has announced major expansion plans for 2015. The 5* resort is to develop a new ‘Spa Garden’ - the only one of its kind in the North East - within its grounds to further enhance its award-winning spa facilities. The new development is set to open in the autumn and work on the 200 meters square spa garden is now underway with local … [Read more...]
Social Media RoundTable 2
H&C News’ first RoundTable was attended by delegates from pub groups, hotels, restaurants and coffee shops, and demonstrated that hospitality businesses are meeting some of the challenges of using social media. Our next event is setting out to benchmark how extensively social media is being used, through what channels, which ones work best for specific hospitality and … [Read more...]
Spa hotel planned for Edinburgh Marina
Developers have submitted their masterplan for Edinburgh Marina - the400 berth marina, residential, retail and spa hotel (123 beds) development that will be thefocal point of Granton Harbour’s regeneration, just 2.5 miles from EdinburghCity Centre. Specific details on the hotel and other developments are not yet available. The masterplan lodged with The City of Edinburgh … [Read more...]