Following Splendid Hospitality Group’s acquisition in January 2016 of the New Ellington Hotel in the heart of Leeds’ financial district, the property is set to relaunch as the Mercure Leeds Centre in September. With design inspired by the city’s tailoring heritage, 59 bedrooms and a restaurant called Loom, the hotel promises a new experience for business and leisure … [Read more...]
Search Results for: hotel acquisition
AccorHotels signs agreement to acquire 21C Museum Hotels
AccorHotels has announced that it has signed an agreement to acquire 85% of 21c Museum Hotels, an award-winning hospitality management company pushing the boundaries of the museum and hotel worlds to create a new kind of travel experience. 21c combines a multi-venue contemporary art museum, boutique hotels and chef-driven restaurants, with 11 properties currently open and under … [Read more...]
easyHotel plc – Milton Keynes and Chester aquisition update
easyHotel plc, the owner, developer and operator of “super budget” branded hotels, is pleased to confirm the completion on the acquisition of Milton Keynes and the purchase of the site for the Chester development. The Group announced on 26 January 2018 the acquisition of a 125-year leasehold site in Milton Keynes. Planning permission for a 124-bedroom hotel has now been … [Read more...]
Wine and Gourmet Cheese Bar at Rutland Arms Hotel, Newmarket
Review Hotels Ltd continues to rejuvenate its most recent acquisition, the Rutland Arms Hotel, with the introduction of a new wine and cheese bar. Launching on Wednesday 27th June, the dedicated wine and cheese bar is set to delight guests with a carefully curated offering of wine, cheese, charcuterie from around the world. The wine list includes over 40 different wines … [Read more...]
St Austell Brewery brings in HSBC to help boost acquisitions
One of the UK’s best known breweries - and the largest in the South West - has added HSBC to its list of banking partners to help support its ambitious acquisition strategy. St Austell Brewery, which was founded in 1851 by Cornishman Walter Hicks, has secured a £15 million Revolving Credit Facility (RCF) from HSBC to help grow its thriving pub estate, which spans the length … [Read more...]