M&A activity [big deals/small deals]
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A round-up of the weekend's news affecting the hospitality industry. News includes: Wetherspoon report surge in demand for pub food; Flooded hotels to get tax breaks; Raw fish freezing law will “ruin” sushi...
Posted: 30 July 2007 | 10:59
Royal Bank of Scotland Group (RBS) is reportedly poised to sell a £1.1b portfolio of mainly Hilton hotels to investor Jeremy Robson.
Posted: 30 July 2007 | 10:49
Gordon Ramsay is planning to buy the Devonshire House pub in London's Chiswick, which would be his third.
Posted: 24 July 2007 | 17:16
Greene King has confirmed that it is in exclusive discussions with Loch Fyne Restaurants with a view to acquire the chain of fish restaurants.
Posted: 20 July 2007 | 14:33
Billionaire property tycoon Robert Tchenguiz has requested a copy of the sale documents for Malmaison and Hotel du Vin, currently being auctioned off by Marylebone Warwick Balfour (MWB).
Posted: 20 July 2007 | 09:00
Robert Tchenguiz, through his investment vehicle R20, is on the verge of completing a £4.5b property joint venture with Mitchells & Butlers (M&B).
Posted: 19 July 2007 | 14:30
Essential news from around the world, including: Marriott Hotel chef named Singapore’s Chef of the Year; KHI buys two Raffles hotels in Cambodia; Accor gains approval for joint venture with Pierre & Vacances
Posted: 18 July 2007 | 10:14
Alan Parker, chief executive of Whitbread, has mounted a robust defence of the company’s future claiming private equity has missed the opportunity to buy the hotel and coffee chain operator “on the cheap”.
Posted: 17 July 2007 | 15:51
The Hare, the Michelin-starred restaurant in Lambourn, Berkshire, has been sold by Colliers Robert Barry for approximately £725,000.
Posted: 17 July 2007 | 07:00
A round-up of the weekend's news affecting the hospitality industry. News includes: Loch Fyne Restaurants and Carluccio takeover targets; First bidder for Malmaison and Hotel du Vin steps forward; Chain of olde worlde teashops planned and more...
Posted: 16 July 2007 | 10:02
The owners of the Hilton hotels in London and Birmingham have invested £35.3m adding the hotel group’s Cardiff property to their portfolio.
Posted: 16 July 2007 | 07:00
Hotel du Vin and Malmaison will reportedly be put on the market for £700m today after Marylebone Warwick Balfour (MWB) opted to pursue an outright sale of its hotel business.
Posted: 13 July 2007 | 10:01
Capital Pub Company, the portfolio of 23 London pubs that floated on London’s Alternative Investment Market (AIM) last month, is to continue its acquisition strategy in a bid to expand.
Posted: 12 July 2007 | 16:37
Brewer and pub operator Marston’s has expanded its brewing business with the £19.2m acquisition of southern brewer Ringwood.
Posted: 12 July 2007 | 13:00
By Daniel Thomas The £10b private-equity takeover of Hilton Hotels Corporation will not be the last major takeover deal seen in the hotel sector this...
Posted: 12 July 2007 | 11:00
Orient-Express Hotels has been tipped as the next hotel group to attract the interest of private equity.
Posted: 09 July 2007 | 12:00
Vincent Tchenguiz, brother of prominent hospitality investor Robert Tchenguiz, has emerged as a potential bidder for troubled motorway restaurant chain Little Chef.
Posted: 09 July 2007 | 11:30
Spanish hotel group Barceló Hotels & Resorts is reportedly in advanced talks to take over the running of the Paramount Group of Hotels.
Posted: 06 July 2007 | 12:58
Ah yes, the thrill of the fight, rising up to the challenge of our rivals. It’s the perfect sentiment for Caterer’s annual awards bash...
Posted: 06 July 2007 | 12:16
The Office of Fair Trading (OFT) has given the green light to a tie-up between the UK’s largest pub company and the world’s largest wine merchant, Constellation Brands.
Posted: 05 July 2007 | 15:40
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