Construction Enquirer reports that international modular buildings giant China International Marine Containers is to use its converted sea container system for a 200-bed Hilton hotel at Bristol Airport. This will represent the ninth scheme in the UK for the firm, which is working with Anglo Holt building a Holiday Inn Express hotel using converted shipping containers as … [Read more...]
KSL Capital Partners acquires Village Urban Resorts
De Vere Group and KSL Capital Partners, LLC (KSL), have announced that an affiliate of KSL has acquired Village Urban Resorts (Village) from De Vere Group. KSL, headquartered in Denver, Colorado with an office in London, is a U.S. private equity firm dedicated to investing in travel and leisure businesses. It is reported that the final price was close to £485 million, pushed … [Read more...]
Decline in leisure spending as Brits look ahead to Christmas
British household leisure spend fell for the second consecutive month, the latest Greene King Leisure Spend Tracker reports. Total leisure spend fell 10% during October, compared to the same month last year, to £188, as Brits held back spending in the lead up to Christmas. This decline was driven by Other Leisure, the leisure category that includes live events, bowling and … [Read more...]
Patisserie Holdings powers towards another exciting year in 2015
Patisserie Holdings, which includes the Patisserie Valerie chain, has reported its maiden preliminary results for the 12 months ended 30 September 2014, with revenue up 27.5%, pre-tax profit up 37%, and 40 more stores (new and acquisitions) at year end. Luke Johnson, Executive Chairman, commented: “I am pleased to report another excellent performance for Patisserie … [Read more...]
Eight finalists compete for Gold Service Scholarship 2015
Eight entrants to the Gold Service Scholarship 2015 have been selected to compete in the National Final. The competition – supported by lead sponsor BaxterStorey and now in its third year – is designed to celebrate the importance of great service and inspire a new generation of young people to make a professional career out of front of house hospitality. The finalists, … [Read more...]