M&A activity [big deals/small deals]

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Chef sued... For more hospitality stories, see what the weekend papers say

A round-up of the weekend's news affecting the hospitality industry. News includes: Chef sued over false endorsement; Luminar faces takeover bid; Secret enforcers to patrol Scottish pubs; Parkdean Holidays agrees takeover; Scottish chef high in suicide levels...
Posted: 20 March 2006 | 10:43

Worldwide briefing

World newsEssential news from around the world, including: Golden Tulip takes over five German and Austrian hotels; Oberoi names new GM for Bali; Mandarin Oriental San Franciso to undergo refurbishment; Maroma Resort reopens in Mexico...
Posted: 17 March 2006 | 16:12

News in brief

Andrew Staff dies from cancer; £1b deal for Condor; Cheyne Walk expands...
Posted: 17 March 2006 | 12:37

Mintgate mulls bid for Luminar

Chicago Rock Cafe - interiorMillionaire entrepreneur Sir Tom Hunter and property tycoon Nick Leslau have told the London Stock Exchange they may bid for struggling nightclub and bar operator Luminar.
Posted: 17 March 2006 | 12:37

Hotel deals up by 63.5% in one year

The global transaction market in hotel real estate was valued at $45.2b (£26.2b) last year, up a massive 63.5% on 2004 figures and smashing all expectations.
Posted: 16 March 2006 | 00:00

Punch buys package of five pubs

punch taverns logoPunch Taverns, the country’s largest pub chain, has completed a package deal for five sites in the North-east.
Posted: 15 March 2006 | 10:56

Robert Tchenguiz admits he is to make a bid for Mitchells & Butlers

Mitchells & Butlers logoProperty investor Robert Tchenguiz has told the London Stock Exchange he is considering a bid for pub and restaurant operator Mitchells & Butlers.
Posted: 13 March 2006 | 17:16

InterContinental completes sale of European portfolio

InterContinentalInterContinental Hotels Group has completed the sale of its European portfolio to one of its largest franchises for £240m.
Posted: 13 March 2006 | 11:24

Two Hilton hotels go on the market for £400m

Two of Hilton Hotel Corporation's (HHC) flagship UK properties have been put on the market for a rumoured £400m.
Posted: 13 March 2006 | 10:32

Compass sued... For more hospitality stories, see What the Weekend Papers Say

weekend papersA round-up of the weekend's news affecting the hospitality industry. News includes: Compass sued for £72m; Top Edinburgh hotel donates bed stars slept in for charity; Irish property group buys Croydon hotel; Hotel cashes in on Kent bank robbery; Scottish pubs to sue...
Posted: 13 March 2006 | 10:01

More big deals for Swallow Hotels

Acquisition-hungry Swallow Hotels is close to completing two more major deals in Scotland - buying the family-owned Freedom of the Glen group and the prestigious Carnoustie golfing hotel.
Posted: 09 March 2006 | 15:32

Center Parcs agrees to Blackstone bid

Leisure village operator Center Parcs has agreed to a £205.4m takeover by private investment company Blackstone Group.
Posted: 09 March 2006 | 12:33

Whitbread buys seven Holiday Inns for over £30m

Premier Travel InnWhitbread has bought seven Holiday Inn-branded hotels from property consortium LRG for £34.5m.
Posted: 09 March 2006 | 11:38

Hartford Group buy means more Henry J Beans sites

The Hartford Group has acquired two new leasehold sites to convert to its Henry J Beans restaurant format, kicking off its expansion plans for the chain.
Posted: 09 March 2006 | 00:00

Ma Potters on lookout for new purchase

Ma Potters intends to accelerate its growth in the increasingly competitive chain restaurant sector with the purchase of another chain.
Posted: 09 March 2006 | 00:00

The week in brief

Fuller's closes Gales brewery; Folio leases 19 sites; First Sam & Maxie's; Gale joins Café des Amis...
Posted: 06 March 2006 | 10:23

Welcome break strikes deal with starbucks

Roadside group Welcome Break has confirmed its franchise deal with Starbucks, as exclusively revealed in Caterer last week.
Posted: 06 March 2006 | 00:00

InterContinental shareholders to get further £500m from Britvic sale

InterContinental logoInterContinental Hotels Group has announced a further return to shareholders of £500m from the sale of its soft drinks brand Britvic and Felcor shares last December.
Posted: 03 March 2006 | 10:42

'Put focus back on hospitality', says Malmasion boss

Sale-and-leaseback of hotels is just a passing trend in hotel finance circles, according to a leading hotel group boss.
Posted: 03 March 2006 | 10:41

Management team buys out Le Petit Blanc

Raymond Blanc and Mark DerryThe management team behind Loch Fyne Restaurants has completed a buy out of its Le Petit Blanc chain for £3m, including debt.
Posted: 02 March 2006 | 12:11

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7th September 2008