Hall & Woodhouse increases turnover and profits Hall & Woodhouse made good progress in its financial year ending 26 January 2013. Turnover and profits both improved, and the company opened its new £5m brewery in Blandford, Dorset. Turnover increased by 2.8% to £96.8m (2012: £94.1m). Operating profit before exceptional items increased by 7.9% to £8.3m (2012: £7.7m), … [Read more...]
Search Results for: hotel acquisition
ONE Group to build on STK brand in UK
The ONE Group, owners of STK and Heliot at the Hippodrome, has recently become a publicly traded company in the US, a move that will lead to further UK expansion in UK cities and new sites in London. Raising $44.3m of investment incorporating a business combination with Committed Capital Acquisition Corporation, The ONE Group plans to build on the success of STK and Cucina … [Read more...]
Investment in the UK serviced apartment market could triple by 2018
According to the latest UK Serviced Apartment Report from international real estate advisor Savills, the lack of purpose built stock in London could be creating an investment volume deficit. The firm reports that investment in serviced apartments in the US totalled £1.3 billion, 12% of total US hotel sales seen so far in 2013 - compared to only £123.5 million in the UK, 5% of … [Read more...]
Dominvs Hospitality submits plans for historic Manchester site
Dominvs Hospitality, the Hospitality arm of the Dominvs Group, announced today their submission for planning at their ex-Employment Exchange site in Manchester City Centre. The acquisition and development forms part of the Group’s planned expansion of strategically located branded hotels in key UK cities. The site will be developed into a 308 Bedroom, 4-Star hotel complete … [Read more...]
Site Bites – Royal Academy – Wetherspoon wins – Bailbrook House – St Barnabas – and more
Keeper’s House at the Royal Academy of Arts - Wetherspoon named best worldwide airport bar - Bailbrook House Hotel Bath restored - The Club at House of St Barnabas opens - Eagle Brae on winning ways - The Grain Loft receives Commendation at Food & Beverage Awards, Dubai - Introducing Tirage, Champagne et Plats Keeper’s House at the Royal Academy of Arts Restaurant group, … [Read more...]