M&A activity [big deals/small deals]
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Starwood Hotels & Resorts has put its 219-room Turnberry golf and hotel resort in Scotland up for sale for £100m.
Posted: 07 November 2007 | 12:09
Suffolk brewer and pub operator Adnams has put nine of its pubs in East Anglia up for sale following a review of its 80 strong estate.
Posted: 07 November 2007 | 11:28
Robert Tchenguiz has hit out at “unfounded speculation” linking him with the sale of his stake in managed pub operator Mitchells & Butlers (M&B).
Posted: 07 November 2007 | 11:17
Marco Pierre White has sold iconic London fine-dining restaurants The Mirabelle, Drones and Quo Vadis to entrepreneurs Stephen Schaffer and Joseph Ettedgui through their Conduit Street Restaurants investment vehicle.
Posted: 07 November 2007 | 07:00
A stock market flotation for the restaurant business of Laurel Pub Company, including La Tasca, Slug and Lettuce and Ha Ha bar & grill, is “an option” for its owner Robert Tchenguiz.
Posted: 05 November 2007 | 13:19
A round-up of the weekend's news affecting the hospitality industry. News includes: Investment in Fifteen shaves Oliver profits; McDonald’s back-to-burgers strategy pays off; Advent draws back from Wagamama takeover
Posted: 05 November 2007 | 11:58
Legacy Hotels and Resorts has signed its seventh hotel management deal as it celebrates its second anniversary.
Posted: 31 October 2007 | 08:00
Sir Rocco Forte is in negotiations over a number of projects in the Middle East as he seeks to expand his luxury chain outside Europe.
Posted: 30 October 2007 | 17:24
Managed pub operator the Orchid Group has unveiled plans to open nearly 20 new outlets under its Contemporary Carvery brand.
Posted: 29 October 2007 | 11:35
A round-up of the weekend's news affecting the hospitality industry. News includes: Health chiefs plan to stop care home patients starving to death; Official - organic is better for you; Sir Rocco Forte looks for Manhattan hotel sites
Posted: 29 October 2007 | 10:42
Private equity firm Blackstone has completed its $26b (£12.69b) takeover of Hilton Hotels Corporation (HHC).
Posted: 25 October 2007 | 12:20
Many hotels are unwittingly running the risk of breaching EU competition law by signing "no-undercutting" agreements with third parties selling their rooms, experts have warned.
Posted: 25 October 2007 | 08:00
The Northern Rock affair has shaken many businesses out of any complacency they might have had about investments. So what now? Nic Paton reports
Posted: 25 October 2007 | 00:00
London Town Hotels has taken its first step outside the capital by buying the Comfort Hotel in Nottingham.
Posted: 23 October 2007 | 11:57
A round-up of the weekend's news affecting the hospitality industry. News includes: S&N plots Russia sale to thwart hostile bid; VAT shock for green travellers; Marco Pierre White does not own his own brand name
Posted: 22 October 2007 | 10:01
Private equity has taken a PR battering this year but now plays a vital role in the UK hospitality sector, argues Mark Sheehan, managing director of property agent Coffer Corporate Leisure
Posted: 18 October 2007 | 00:00
Casual dining company The Restaurant Group (TRG) has added 14 outlets to its estate with a £32m deal for pub-restaurant operator Brunning & Price (B&P).
Posted: 17 October 2007 | 13:15
Former Golden Tulip UK chief executive Peter Roberts has launched Countrywide Hotel Acquisitions.
Posted: 17 October 2007 | 11:00
Principal Hayley Group, the Permira backed hotel and conference venues operator, today announced that it has splashed out £50m on three Marriott hotels.
Posted: 12 October 2007 | 11:17
Commercial property fund AAIM is believed to be in exclusive talks with Queens Moat Houses (QMH) and Kew Green Hotels to acquire 37 hotels in two deals believed to be worth a combined £600m.
Posted: 11 October 2007 | 17:10
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