iNTERTAIN Limited, the owner and operator of 32 bars trading principally under the Walkabout brand, has announced a change of control and the introduction of significant new capital for investment. Better Capital, a well-known UK investor, has taken control of the group with effect from the evening of Friday 7 November. David Myers, iNTERTAIN Chairman said: “In the summer … [Read more...]
Luminar Group acquires Chicago Leisure
The UK’s largest nightclub operator, The Luminar Group has acquired Chicago Leisure for an undisclosed sum. In its first major deal since its formation in December 2011, The Luminar Group has agreed to purchase the company which operates eight venues nationwide under the Chicago Rock Café and Chicago brands. Commenting on the acquisition, The Luminar Group’s chief … [Read more...]
Focus on hospitality and leisure in Leeds
Leeds has long since re-invented itself and moved away from its industrial heritage. It is now widely regarded as the second financial centre within the UK. Being so heavily finance driven, the recent melt down of the UK economy hit the city particularly hard and the leisure sector was not immune to this. Despite this, the city is starting to prosper again with business and … [Read more...]
Latest insights into foodservice trends
Consumer spend in the foodservice sector continues to increase, but there is still no room for complacency, according to the latest ‘Focus on Foodservice’ report from EBLEX. The annual insight into the latest trends and opportunities in the sector shows that consumer spending in the foodservice market grew by 2% in the 52 weeks to the end of June 2014, according to NPD … [Read more...]
Four quality period Coaching Inns enter the market
Christie + Co has been instructed by RBS to market 4 unique & historic Coaching Inn Hotels across the south of England. The freehold properties are located in the sought after counties of Berkshire, Oxfordshire, Surrey and Wiltshire, and boast 71 individual letting bedrooms between them. Three of the properties are Grade II listed and one is opposite the 5,000 acre estate … [Read more...]