M&A activity [big deals/small deals]

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Rank tipped to sell off Hard Rock Café chain... 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: Travelodge to build 5,000 rooms in two years; Call for Scottish pubs to serve more food to curb violence; Hilton heiress launches a new hotel brand and more...
Posted: 29 August 2006 | 10:49

UK leads buoyant Western European hotel property market

Marriott Park LaneThe UK has been responsible for more than half the €6.7bn (£4.5bn) worth of hotel portfolio deals sealed this year, according to a new report.
Posted: 29 August 2006 | 09:55

UK pubs continue to be shuffled between owners

UK pubs are continuing to be shuffled between owners with Mitchells & Butlers the latest chain about to shed some of its smaller units to willing buyers.
Posted: 22 August 2006 | 11:25

Hilton ready to sell Scandic

USA-based Hilton Hotels Corporation (HHC) has put its Scandic hotel brand and 10 European properties up for sale in a bid to reduce its $8.4b (£4.4b) debt mountain.
Posted: 17 August 2006 | 00:00

TCR quashes bank 'owner' sale rumour

Café and restaurant group Town Centre Restaurants (TCR) has denied reports that it is for sale.
Posted: 17 August 2006 | 00:00

Tim Bacon denies sale of Living Ventures

Accountant confirms search for buyer but managing director denies that sale of 28-strong chain is imminent
Posted: 17 August 2006 | 00:00

Time runs out for Enodis bid

US kitchen equipment manufacturer Middleby has dropped its bid for UK counterpart Enodis. Under takeover guidelines, an offer had to be tabled by midday on Monday this week, but the deadline lapsed without a bid being made.
Posted: 17 August 2006 | 00:00

Hardys & Hansons approves Greene King aquisition terms

Hardys & Hansons logoShareholders of family-owned pub company Hardys & Hansons (H&H) approved the terms of the company’s acquisition by pub giant Greene King yesterday (15 August).
Posted: 16 August 2006 | 12:06

US kitchen manuafacturer drops bid for Enodis

Enodis logoAmerican kitchen equipment manufacturer Middleby has dropped its bid for UK counterpart Enodis.
Posted: 14 August 2006 | 14:45

Living Room and Est, Est, Est restaurants up for sale... 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: Rail Gourmet wins GNER catering contract; Auberge and Giardino restaurant chain put on the market; Decision day on sale of FTSE catering equipment firm and more...
Posted: 14 August 2006 | 10:53

Admiral does biggest deal to date

Admiral Taverns has done its largest deal to date – the purchase of 769 pubs from Enterprise Inns for £318.1m.
Posted: 14 August 2006 | 10:52

Wyndham and Corinthia sign EMEA management deal

Wyndham and Corinthia logosWyndham Hotel Group and the Corinthia Group have signed a deal to jointly manage hotels under the Wyndham and Ramada brands in Europe, the Middle East and Africa (EMEA).
Posted: 11 August 2006 | 12:37

Rogano sold to Lynnet Leisure for £6m

Rogano restaurant, GlasgowGlasgow's internationally renowned seafood restaurant Rogano has been sold to Scottish bar and restaurant group Lynnet Leisure for more than £6m.
Posted: 10 August 2006 | 11:41

Punch sells Old Orleans chain to Regent Inns for £26m

Old Orleans, OxfordLate-night bar operator Regent Inns has bought the Old Orleans chain from pub company Punch Taverns for £26m, it was revealed today.
Posted: 10 August 2006 | 11:01

Gaucho buyout team aims for quality expansion

Gaucho Grill has been bought by private equity company Phoenix Equity Partners in a £55m secondary buyout led by the company's founder.
Posted: 10 August 2006 | 00:00

Macdonald Hotels to keep on spending

Macdonald Hotels plans to continue its heavy investment in new acquisitions and the refurbishment of its current estate as it repositions itself at the luxury end of the market.
Posted: 10 August 2006 | 00:00

New Hotel Group launches in New Zealand... and other International hotel news

world newsEssential news from around the world, including: Jumeirah to run Trump International Hotel; Oberoi plans to expand; Starwood expands in Turkey and China and more...
Posted: 07 August 2006 | 09:59

Sol Melia and Rank end Hard Rock Hotel association

Sol Melia logoMallorca-based Sol Melia and Hard Rock International have disbanded their joint venture set up to roll out Hard Rock-branded hotels.
Posted: 03 August 2006 | 12:48

Blackstone sells Marriott Grosvenor Square

Marriott Grosvenor Square, LondonPrivate equity group Blackstone Real Estate Partners has sold the Marriott London Grosvenor Square hotel for £103m to Chicago-based Strategic Hotels & Resorts.
Posted: 02 August 2006 | 15:44

Whitbread in talks to sell Pizza Hut... 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: Bid to oust Coffee Republic boss; Six ex-Thistle hotels in £185m sale and leaseback; Tourism boost hope with revamped Bath Spa and more...
Posted: 31 July 2006 | 10:22

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20th July 2008