Investment

The government is conducting a review of the sharing economy in order to regulate it

Government urged to regulate sharing economy

By Melodie Michel

Pop-up marketplace Grub Club is urging the government to better regulate ‘sharing economy’ businesses like itself in order to ensure their protection.

Private equity firm Piper has acquired a stake in BBQ restaurant chain Hickory’s Smokehouse

Piper takes stake in Hickory’s Smokehouse

By Mark Wingett

Piper, the private equity backer of Loungers and Be At One, has acquired a stake in Hickory’s Smokehouse, the north west-based American BBQ restaurant chain.

Viewpoint

Charles Scudamore on HCP and the UK hotel market

By Carina Perkins

Charles Scudamore is the principal and founder of Hetherley Capital Partners (HCP), a specialist hotel real estate investment and asset management firm, based in London. He talks BigHospitality about the current state of the UK hotel investment market...

The Legacy Falcon was placed into administration on Monday and sold to St James's the same day

St James’s buys Legacy Falcon Hotel

By Melodie Michel

St James’s Hotel Group has acquired the Legacy Falcon Hotel in Stratford-upon-Avon after it was placed into administration on 8 September.

Marathon Asset Management has acquired 11 QMH hotels

US investment firm buys 11 QMH hotels

By Melodie Michel

Eleven QMH hotels operating under the Crowne Plaza, Holiday Inn and Best Western PLUS brands have been acquired by US investment firm Marathon Asset Management for an undisclosed sum.

Fuller's enjoyed strong growth in food and accommodation sales

Fuller's enjoys 'record' year

By Carina Perkins

Fuller’s has enjoyed a ‘record year’, with profits up 10 per cent on the back of strong growth in food and accommodation business.

Macdonald posted operating profits of £14.9m in 2013

Macdonald Hotels operating profits up 7%

By Melodie Michel

The hotel group has announced operating profits of £14.9m for the year ended March 2013, an increase of 7 per cent over the previous year.

The outlook is good for hotels in 2014, although three-star independents might struggle against the budget brands, according to BDO

BDO forecasts further growth for hotels in 2014

By Carina Perkins

Record visitor numbers, movement in the MICE market and resurgence in the regions should drive further growth in the UK hotel sector this year, according to business advisors BDO LLP.

The De Vere Venues portfolio includes the 48-bedroom Chicheley Hall conference centre and hotel

Starwood Capital buys De Vere Venues

By Luke Nicholls

International private investment firm Starwood Capital Group has acquired hotel operator and meeting and events space provider De Vere Venues for £232m.