SSP Group, the leading operator of food and beverage outlets in travel locations worldwide, has announced results for the six months ended 31 March 2014, showing profits rose 28%. Commenting on the results, Kate Swann, CEO of SSP, said: “This has been a period of strong growth for SSP, with profit up 28% year-on-year and like-for-like sales up 3.2%. We have delivered … [Read more...]
Two Pioneering Career Colleges to open September 2014
The UK’s first two Career Colleges for 14-19 year olds have been given the go-ahead to open their doors to students in September 2014. Oldham College in Greater Manchester will be opening a Career College specialising in Creative and Digital Arts and Hugh Baird College in Bootle, Liverpool will focus on the Hospitality and Catering Industry. Both Colleges have strong support … [Read more...]
Sale of freehold investment tenanted by Brewdog
The freehold investment sale of 15-19 Goldhawk Road, Shepherd’s Bush recently completed, with Brewdog being the tenant for the ground floor and basement. It is believed to be the first investment sale with Brewdog as tenants with the sale completing within a few weeks of going under offer to a private investor. James Davies from Fleurets London Office commented, “This … [Read more...]
Bespoke adds La Suite West
Bespoke Hotels has added London’s stylish La Suite West to its number. The beautifully renovated Victorian townhouse epitomises boutique, city-centre luxury and represents a significant addition to the group’s collection, bringing their diverse portfolio to over 100 properties worldwide. Nestled on the fringes of Hyde Park, La Suite West blends a quintessentially British … [Read more...]
London hotels decline in May
STR Global’s preliminary May data for London indicate declines in the three key performance metrics. Based on daily data from May, London reported: increases in supply (+1.7 percent) while demand stayed flat (0.0 percent); a 1.7-percent decline in occupancy to 84.5 percent; a 0.3-percent decline in average daily rate to GBP142.85; and a 2.0-percent decrease in … [Read more...]