This week: London to add 17,769 hotel rooms in next three years, Craft Beer Co heads into the City, percentage of adults eating out soars to 93.9%, Fuller's strong first half and momentum, MEATliquor to open in new Boxpark Croydon as part of expansion drive and finally Deltic Group is opening its new bar concept, Bar & Beyond in Chelmsford.Continue reading 24 November 2015 Newswire Topics: Hotels & Guest Houses , London , Pubs & Bars , Restaurants
This week: D&D London to open third Leeds restaurant, The Pig - on the Beach heads Mr & Mrs Smith award winners, BrewDog granted alcohol licence for proposed York site, BGF takes stake in Giggling Squid; Kossoff to chair, Europe's First Park Regis Hotel for Birmingham and finally Brunning & Price has submitted plans to turn a property in Preston used as a wedding venue into a pub.Continue reading 16 November 2015 Newswire Topics: Birmingham , Hotels & Guest Houses , Leeds , London , Pubs & Bars , Restaurants , York
This week: River Café team to open sister site in Mayfair, Enterprise announces new partnership with Booker Wholesale, £100m Newgate scheme in Newcastle gets planning consent, Open House set to open second site in King's Cross, Star Pubs & Bars launches apprenticeship scheme and finally JD Wetherspoon are selling another 34 pubs, mostly freehold.Continue reading 10 November 2015 Newswire Topics: Hotels & Guest Houses , Leisure & Nightclubs , London , Pubs & Bars , Restaurants
This week: Chi Kitchen brings a new dining experience to Debenhams Oxford Street, Marriott's Autograph Collection to double UK portfolio within two years, Michelin Pubs Guide 2016: pub scene going "from strength to strength", Taco Bell begins UK rollout, Whitbread submits licensing applications for two new Hub by Premier Inn sites in Westminster and finally Guinness is now good for vegans.Continue reading 03 November 2015 Newswire Topics: Birmingham , Hotels & Guest Houses , London , Pubs & Bars , Restaurants
Click here to download the UK Leisure Sector - Q3 2015 summary
Summer is over, the buckets and spades packed away, and soon Christmas trees will start popping up in shops up and down the country. However, Q3 2015 proved as active as the first half of the year, with another steady flow of corporate M&A from all leisure sectors.
August was surprisingly active in the pub sector where transactions saw Pubs sell 158 pubs to NewRiver Retail for £53.5m, equating to £339,000 per pub and an income multiple of 7.3x. This was quickly followed by Greene King who sold 16 pubs that it agreed to dispose of to meet regulatory concerns in the wake of its acquisition of Spirit. Heineken picked up 13 of the pubs primarily in Oxfordshire and Nottingham. Completing an active couple of days, saw Red Oak Taverns, led by Mark Grunnell and Aaron Brown, acquire 146 pubs from the administrator of the GRS group of companies. Following the acquisition, Red Oak Taverns will own over 170 pubs across the United Kingdom.
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A comprehensive review on the hotel property industry with topical and informative articles from both experienced Fleurets staff and from external trade organisations, to inform and advise, including a round up of property availability nationwide.Continue reading 30 October 2015 Hotels Review Topics: Birmingham , Brighton , Bristol , Hotels & Guest Houses , London , Rental , Sudbury
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This is the 30th Edition of Fleurets Annual Rental Survey. As with previous years we have covered rental information relating to Rent Reviews and Lease Renewals on the wider Leisure market and have included information relating to tied leases, free of tie pubs and shell lettings. This survey includes all information available to Fleurets relating to deals undertaken over the past 4 years.Continue reading 29 October 2015 Rental Survey Topics: Agency , Birmingham , Brighton , Bristol , Leeds , London , Manchester , Pubs & Bars , Rental , Sudbury
This week: City Pub Co doubles up in Bristol, eyes hubs, Archie's Burgers and Shakes opens biggest site yet in Liverpool, draft pubs code could be 'published within a week', art'otel Signs Hotel Management Agreement at Battersea Power Station, Dum Dum sets out UK & international expansion plans, Kained Holdings acquires Glasgow pub made famous by Trainspotting movie and finally The Caterer and its sister brand Travel Weekly are inviting entries for the 2016 British Travel & Hospitality Hall of Fame
This week: Foodservice Cateys 2015 winners revealed, business travel takes off on Booking.com, Charles Wells to grow managed estate to 25 sites in next five years, Turtle Bay to double up in Liverpool, Pride of Britain adds 2 member hotels and finally bar company Revolution Bars Group is to open two new large bars this month under its Revolución de Cuba brand.Continue reading 20 October 2015 Newswire Topics: Bristol , Hotels & Guest Houses , Leeds , Liverpool , Manchester , Restaurants
Leisure property specialists Fleurets is delighted to announce the sale of the freehold for The Flying Horse pub in Canterbury. Matt Sworder, an established chef and restauranteur, and his father David Sworder have acquired the freehold, off an asking price of £500,000.Continue reading 14 October 2015 In The Press Topics: Pubs & Bars , Restaurants , Sold