M&A activity [big deals/small deals]

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Starwood creates new head of hotels... and other International hotel news

world newsEssential news from around the world, including: Moscow Ritz Carlton refinances; InterContinental to go into Libya; Marriott goes non-smoking; Hyatt to expand residential spa concept and more...
Posted: 31 July 2006 | 09:57

Legacy Hotels & Resorts signs management contract at Welsh hotel

The Wild Pheasant, Llangollen, GlwdRecently launched management company Legacy Hotels & Resorts has signed its fifth contract at the Wild Pheasant Hotel in Llangollen, Glwd.
Posted: 31 July 2006 | 09:41

Mitchells & Butlers lauded for Whitbread pub takeover

£497m deal is part of move to concentrate on food sales
Posted: 27 July 2006 | 00:00

Starwood eyes up Whitbread

Starwood Capital, the US private equity firm set up by the founder of Starwood Hotels & Resorts, is rumoured to be eyeing a takeover of Whitbread.
Posted: 27 July 2006 | 00:00

Spain’s biggest pizza chain sells for €850m... 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: US hotel giant in Whitbread talks; Canalside pub development planned; M&B plan to return £500m to shareholders and more...
Posted: 24 July 2006 | 10:32

Celadon to open first managed property in Vietnam... and other International hotel news

world newsEssential news from around the world, including: UK represented at Italian food festival; Park Plaza continues German expansion; Hyatt to pull out of Manila property and more...
Posted: 24 July 2006 | 09:30

Mitchells & Butlers pays £500m for Whitbread’s pub restaurant estate

Managed pub giant Mitchells & Butlers (M&B) has won the race for Whitbread’s pub-restaurant estate, put up for sale in April.
Posted: 21 July 2006 | 11:32

Greene King merger with Hardys & Hansons given go ahead by OFT

Greene King beer pumpsPub company Greene King’s £271m merger with Midland’s brewer Hardys & Hansons (H&H) has been green-lighted by the Office of Fair Trade.
Posted: 18 July 2006 | 14:30

AHG gets clearance for De Vere takeover

Hotel and leisure group De Vere has been given the green light by the Pensions Regulator for its proposed takeover by the Alternative Hotel Group (AHG).
Posted: 17 July 2006 | 14:16

Stein Group adds French hotel... and other International hotel news

world newsEssential news from around the world, including: New chairman for SLH; Platinum five-star ranking awarded to hotels in China; Global travel summit returns to Portugal; Starwood to keep two Fijian hotels; New Delhi introduces Slum Tours
Posted: 17 July 2006 | 10:06

Blackstone to buy seven European Center Parcs sites

Center ParcsBlackstone, the private equity group will buy seven Center Parcs Europe resorts for around €630 (£434m).
Posted: 14 July 2006 | 10:01

Mitchells & Butlers and GI Partners favourites in battle to win Whitbread pub assets

Mitchells & Butlers in the running for Whitbread pub assetsPubs group Mitchells & Butlers and private equity player GI Partners look to be leading the race to buy Whitbread’s stand-alone Brewers Fayre and Beefeater pub restaurants.
Posted: 11 July 2006 | 12:08

Pansea Hotel Group buy gives Orient Express a boost

Orient Express Hotels logoOrient Express Hotels has bought South-east Asia’s Pansea Hotel Group for $25m (£13.5m), three years ahead of schedule.
Posted: 07 July 2006 | 14:44

QHotels adds Kent hotel to portfolio

Qhotels logoFour-star hotel group QHotels, previously Quintessential, has bought its ninth UK property.
Posted: 07 July 2006 | 13:57

London & Edinburgh swoops for County Estate Management

London & Edinburgh Swallow Group has merged its tenanted pub division with County Estate Management, according to a report in The Publican.
Posted: 06 July 2006 | 12:47

£21m management buyout at etc.venues complete

etc.venues logoFormer Initial Style Conferences (ISC) managing director Alastair Stewart has led a successful £21m management buyout of training and conference space provider etc.venues.
Posted: 03 July 2006 | 12:32

Glasgow extends glass ban... 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: Cendant sells travel arm; Glasgow schools take chips off the menu; Hotel du Vin expands further; Ramsay barred from filming in prison and more...
Posted: 03 July 2006 | 09:59

AHG tables higher offer for De Vere

The Alternative Hotel Group (AHG) has submitted an increased offer for hotel and leisure group De Vere.
Posted: 29 June 2006 | 15:33

Permira hopes to top AHG bid in the battle for De Vere

De Vere hotelPrivate equity firm Permira plans to trump Alternative Hotel Group's (AHG) £1b offer for De Vere, as the battle for ownership of the hotel and leisure group intensifies.
Posted: 29 June 2006 | 10:00

BC Partners bid for Travelodge

Private equity firm BC Partners is believed to be preparing a bid for budget hotel chain Travelodge worth between £700m and £750m.
Posted: 29 June 2006 | 00:00

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20th July 2008