Acting on behalf of Hiscox, CBRE’s Specialist Markets team has sold a prime hotel development site in York to Vastint Hospitality. Outline planning in place The site is located in the Hungate area of York, adjacent to Hiscox’s new £19m office development – its largest office outside of London, employing up to 500 people. With outline planning consent already in place … [Read more...]
Conditions are excellent for ‘food-on-the-go’ market growth
Get closer to busy mobile consumers. Ride successful new product concepts and trends. Satisfy demand for unexplored, exotic cuisines. These are some of the potential opportunities in Britain’s food-on-the-go (FOTG) market identified by global information provider The NPD Group. Visits declined in 2015 FOTG visits declined by -1.8% in the year ending June 2015 while … [Read more...]
Stonegate acquires 53 pubs from TCG
Stonegate Pub Company, one of the largest managed pub companies in the United Kingdom, is to acquire 53 pubs from Tattershall Castle Group ("TCG"), for an undisclosed sum. TCG is a diversified drink-led pub business with a quality estate of pubs and bars located across the UK, spanning Newquay to Inverness, and Cardiff to Norwich with particular strength in London and the … [Read more...]
Transformation of Trump Turnberry gets underway
Trump Turnberry has officially closed the doors to its hotel building and Ailsa course as The Trump Organization commences its £200m renovation of this iconic golf resort. The highly anticipated upgrade of the historic 1906 hotel includes a complete renovation, restoration and remodelling of all guestrooms, suites, corridors, restaurants and public spaces. Additionally, … [Read more...]
Raise a glass: fourth UK Chaîne Young Sommelier Victory
For the fourth time in nine years, the UK has proven it is a force to be reckoned in the drinks world as Mathias Camilleri from Medlar, London was crowned the 2015 Chaîne des Rôtisseurs International Young Sommelier of the Year. Pitting his skills against 13 peers from around the world in Adelaide, Australia, Camilleri, aged 24, took the top spot for his ‘sophisticated … [Read more...]