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: Compass to reveal contract coup and profit surge; Wagamama delays flotation; GM cultivation could be banned in Europe; and more...
Posted: 26 November 2007 | 10:44
Buy-to-let hotel rooms company GuestInvest has signed a partnership deal with the luxury hotel made famous by interior designer Anouska Hempel - Blakes, in Kensington.
Posted: 21 November 2007 | 08:30
Northcote Group, owner of the Michelin-starred Northcote Manor restaurant and Ribble Valley Inns pub group, has announced a management buyout of Northcote Offsite, its outside catering business.
Posted: 21 November 2007 | 07:00
The food service sector remains optimistic about the next 12 months, despite the global credit crunch and fears about falling consumer spending, research will reveal today.
Posted: 15 November 2007 | 14:00
Brewer and pub operator Greene King has splashed out £32.6m on the 49 tenanted and leased pubs that comprise New Century Inns.
Posted: 14 November 2007 | 12:15
Robert Tchenguiz, the property entrepreneur, is in talks with Mitchells & Butlers (M&B) about reducing the size of their planned £4.5b joint property venture in an effort to revive the deal.
Posted: 09 November 2007 | 13:30
Former Michelin-starred Adlard’s Restaurant in Norwich has been sold to a local hotelier.
Posted: 07 November 2007 | 12:30
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
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