Singapore-based real estate investment firm M&L Hospitality has acquired the former Arora Hotel Heathrow in a deal brokered by specialist property adviser Christie + Co. The high-profile hotel has been sold for an undisclosed sum off a headline price of £45 million following a highly competitive sales process. Jeremy Jones, Head of Hotels Brokerage at Christie + Co … [Read more...]
Casual dining call to arms
With the new Government team freshly installed, the ALMR has launched its Casual Dining Manifesto promoting the UK’s varied and innovative casual dining market. The Manifesto highlights the dynamism and diversity of casual dining in the UK and calls upon the Government to address issues surrounding property and investment to ensure continued growth in the sector. ALMR … [Read more...]
Starboard buys five ibis hotels from Accor
Hotel developer and operator Starboard Hotels has purchased five ibis UK hotels from HotelInvest parent company Accor, as part of a 32 million Euro portfolio sale of seven properties. The five hotels, in Gatwick, Plymouth, Birmingham Bordesley Circus, Sheffield, and Leicester, total 469 bedrooms, and will be operated by Starboard under the ibis franchise for a further 20 … [Read more...]
57% of UK consumers ordering takeaways – but eating-out still bigger
Research from CGA Peach’s new BrandPulse service has revealed that 57% of the population ordered a take away meal in the last month – probably to accompany them watching a box set or movie at home, with 37% saying they stayed in to watch a subscription TV service like Sky Movies, Netflix or Amazon Instant. 75% ate out Despite the attraction of a good night in, 75% of the … [Read more...]
New Hospitality Venue at Twickenham for Rugby World Cup 2015
Rugby World Cup 2015 has announced a new on-site hospitality experience that is designed to bring rugby fans closer to the action at the biggest sporting tournament of the year. England 2015 is set to be a very special and record-breaking celebration of rugby and the purpose-built Champions Park is located in the heart of the ticketed perimeter at Twickenham Stadium, where … [Read more...]