Latest News
| Grand UK Hotels snaps up Dauncey´s in Weston-super-Mare |
| The 73-bedroom Dauncey´s hotel in Weston-super-Mare has been sold to Grand UK Hotels, part of the UK Holiday Group, for an undisclosed sum. Occupying six houses of a Grade II-listed crescent, the hotel has been sold by Richard and Louise Morris. The property, which was built around 1860 ... |
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| Admiral Taverns confirms sale of 150 pubs |
| Admiral Taverns has confirmed that it is to sell a total of 150 pubs from its 2,000-strong estate. Licensees at the pub were reported to have received a letter telling them of the plans last week. In a statement issued today, Admiral said: “The majority of the Admiral Taverns estate... |
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| London´s reopened Canton Arms pub delights critic |
| The re-opening of the Canton Arms in London SW8 by the people involved with the Waterloo´s Anchor and Hope and Great Queen Street in Covent Garden has delighted food critic Jay Rayner. Writing in the Observer, he described the food served in all three pubs as hugely attractive ... |
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| First north-western Jamie´s Italian to open in Liverpool One |
| Jamie Oliver has confirmed that his first Jamie´s Italian restaurant in the north-west will open in Liverpool One, a retail and leisure development in Merseyside. The 6,251 sq ft restaurant, which is expected to open in June, will be situated opposite John Lewis in Paradise Place ... |
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| Sell up this year to get a good price, advises BDO |
| Owners of growing hospitality businesses should consider selling up this year rather than next if they want to get a good price for their venture. That's the view of corporate finance advisor BDO following research among private equity managers into their attitudes towards the hospitality market. |
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| Pubs and restaurants bounced back in February after cold snap |
| The performance of UK pubs and restaurants bounced back in February, after severe weather made for a dismal January. The monthly Coffer Peach Business Tracker showed an increase in like-for-like sales for the month of 1.3%, compared with the same month last year. |
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| Considerate Hotel of the Year Awards deadline extended |
| The deadline for the Considerate Hotel of the Year Awards 2009/10 has been extended to the end of the month. Organised by the Considerate Hoteliers Association (CHA), the awards aims to celebrate the best in environmental and corporate social responsibility performance... |
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| Scottish and Newcastle to sell 43 pubs |
| Scottish & Newcastle Pub Company (S&NPC) is to sell 43 pubs in England and Wales with Fleurets this week. All of the sites are freehold, wet-led pubs and are mostly in urban locations. They are either closed or on short-term arrangements so could be sold with vacant possession. |
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| Private buyer rescues New Northumbria hotel from administration |
| The 57-bedroom New Northumbria hotel, near Newcastle-upon-Tyne, has been purchased by a private individual for an undisclosed sum, from administrators Ernst & Young. Located in Jesmond, to the north of Newcastle, the property was formerly owned by WG Mitchell... |
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