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Hotels

º£½ÇÊÓƵ Newcastle hotel Jesmond Dene House is sold to new owners
Deals
The off-market transaction to sell the Jesmond hotel was brokered by Knight Frank and Simon Stevens Associates
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Multimillion-pound makeover for The Cosmopolitan Hotel in Leeds gets under way
Hotels
Clegg Construction has been appointed to the scheme at the hotel which was Belfont Hotels' first acquisition
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Leonardo Hotels owner loses almost £60m despite sales nearly doubling
Hotels
Leonardo Hotel Management (º£½ÇÊÓƵ) is owned by Fattal Hotels which was founded by David Fattal who built fortune of around $1.3bn after setting up the chain in 1998
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Gloucester-based property group completes £5.6 million bridging loan
Finance
Blackfinch Property, the real estate arm of investment company Blackfinch Group, provided the loan for a luxury hotel development on Edinburgh's Prince's Street
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Leonardo Hotel in Newcastle put up for sale with £31.8m price tag
Hotels
The former Jury's Inn near central station has been put on the market by a º£½ÇÊÓƵ investment fund
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Hospitality group secures £25m boost from OakNorth
North West
The deal comes after the group secured a £26m finance package from Barclays in May 2022
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120 jobs saved at historic hotel Lumley Castle after pre-pack deal with Lord Scarbrough
Hotels
Lord Scarbrough, the property's owner, has acquired the business out of administration
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Three city landmarks in the running for 2023 ProCon large non-residential scheme of the year
property news
The winner will be announced at a ceremony at Leicester’s King Power Stadium on November 9
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Bristol Airport hotel receives £24.6m loan for expansion
Hotels
The real estate funding specialist has provided the loan facility to Ability Group, secured against the Bristol Airport Hampton by Hilton Hotel
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Leeds' emerging 12-storey £62.7m Hyatt Hotel tops out ahead of 2024 opening
Commercial Property
305-bedroom Sovereign Square development hits major build milestone
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Landmark Manchester Piccadilly Hotel returns to the black under new ownership after rebrand
North West
The business is in the process of refurbishing the hotel
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Cadbury House hotel near Bristol and Weston appoints new general manager
Appointments
The four-star accommodation has around 130 bedrooms and a steak restaurant and bar on its site in North Somerset
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Brand behind five-star hotel at Gary Neville's £400m St Michael's scheme revealed
North West
It has also been announced that 217 apartments within the St Michael's scheme will be operated by W Residences
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Landmark four-star hotel put back on sale after deal falls through
North West
At the start of this year, the hotel was forced to change its name after a former boss demanded £20,000 a month
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º£½ÇÊÓƵ city centre hotel eyes record turnover after 'significant expansion project' completes
North West
During the year the average number of people employed by the company increased from 128 to 175
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Losses widen despite record turnover for hotel owned by Gary Neville and Ryan Giggs
North West
The company behind the hotel received a boost of more than £3m recently
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'Ransom payments', rail strikes and cost-of-living crisis force The Dixie Dean Hotel into the red
North West
The hotel is recently been remarketed for sale by CBRE for £2.5m
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Offer accepted 'from the highest bidder' for former Signature Living hotel Rainhill Hall
North West
The hotel has been operating at a loss and has relied on a loan to keep trading.
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South Devon holiday cottage business scoops ROSE award
Awards
Compton Pool Farm won the award Visit England alongside 23 other South West holiday accommodation businesses
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Three new city landmarks compete for 2023 ProCon Leicestershire regeneration award
Construction
The new St Margaret’s bus station, Hotel Brooklyn and a University of Leicester student village are all finalists
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South West hotel group re-opens Leadership Academy to 'empower' future hospitality leaders
Hotels
Kaleidoscope Hotels operates hotels in the Bath, Somerset, and Wiltshire area
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South West hospitality industry looking positive in mid-year review
property news
Christie & Co has released mid-year market reviews for both pubs & restaurants and hotels
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Q&A: Tom Waldron-Lynch, general manager of Nottingham Venues
Hotels
The business works with anyone from the Labour Party to the the recent World Frisbee Championships
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Village Hotels owner KSL weighing up sale as Morgan Stanley hired
North West
Village Hotels, which was founded in 1995, has a portfolio of 33 sites from Aberdeen to Bournemouth
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