Lothian-based Macdonald Hotels is reportedly due to receive more than £400m for the 23 hotels it put up for auction in July.
According to The Times, the deal is worth at least £100m more to the hotel group than was previously estimated.
The company is understood to have a shortlist of four parties, including Dawnay Shore Hotels and property investment companies Moorfield and Prestbury.
Although the group also reportedly indicated that it would only consider sale-and-leaseback deals for the properties, it is understood that at least two of the bidders offered up to £450m to buy the hotels outright with vacant possession.
Macdonald currently has 65 hotels in its portfolio and was taken private in 2003 in a £620m deal, backed by Bank of Scotland. Details: www.macdonaldhotels.co.uk
Lothian-based Macdonald Hotels is reportedly due to receive more than £400m for the 23 hotels it put up for auction in July.
If the health service is to
survive, we must recognise
that it is a disease service
– and that wellbeing rests with
us, says the activity advocate
and healthy ageing champion.
He talks to Kate Cracknell
For every member with a tripod and a big following, there are others irritated at the way equipment is being hogged or wary they’ll be in the background on someone’s Insta feed. Do influencers offer valuable, free marketing or are they just a nuisance? Kath Hudson finds out how operators are responding
Strength training is evolving,
driven by changing consumer
preferences. Julie Cramer talks
to innovators about how their
products are meeting this demand
Active Blackpool is deploying Cornerstone Connect, a new digital interface allowing
disparate information from multiple systems to be aggregated into one dataset, to support
its focus on reducing health inequalities and improving healthy life expectancy.
CoverMe, the global leader in fitness workforce management, today launches CoverMe PT, an
on-demand personal training platform that connects the right personal trainer to the right
client in under 10 seconds.
French fitness chain On Air Fitness, with 113 clubs across France and internationally
(Spain, Morocco and Portugal) and more than 430,000 members, has chosen to introduce Panatta
equipment — a 12-machine circuit from the premium Free Weight Special line —
Lothian-based Macdonald Hotels is reportedly due to receive more than £400m for the 23 hotels it put up for auction in July.
According to The Times, the deal is worth at least £100m more to the hotel group than was previously estimated.
The company is understood to have a shortlist of four parties, including Dawnay Shore Hotels and property investment companies Moorfield and Prestbury.
Although the group also reportedly indicated that it would only consider sale-and-leaseback deals for the properties, it is understood that at least two of the bidders offered up to £450m to buy the hotels outright with vacant possession.
Macdonald currently has 65 hotels in its portfolio and was taken private in 2003 in a £620m deal, backed by Bank of Scotland. Details: www.macdonaldhotels.co.uk
Lothian-based Macdonald Hotels is reportedly due to receive more than £400m for the 23 hotels it put up for auction in July.
If the health service is to
survive, we must recognise
that it is a disease service
– and that wellbeing rests with
us, says the activity advocate
and healthy ageing champion.
He talks to Kate Cracknell
For every member with a tripod and a big following, there are others irritated at the way equipment is being hogged or wary they’ll be in the background on someone’s Insta feed. Do influencers offer valuable, free marketing or are they just a nuisance? Kath Hudson finds out how operators are responding
Strength training is evolving,
driven by changing consumer
preferences. Julie Cramer talks
to innovators about how their
products are meeting this demand
Collaborations with the medical profession and greater aspirations around wellbeing are creating a need for more experts in our sector. It’s time to reboot our thinking around the workforce
As the entrepreneur who started Wexer, Fresh Fitness, Fitness DK and Repeat, as well as being a former elite athlete, Rasmus Ingerslev’s life looked perfect from the outside, but onthe inside it was a different story. He talks to Kath Hudson about healing old wounds
Record market penetration in the UK
fitness sector masks a deeper shift
around consumer engagement, according
to a report from Grant Thornton and
UK Active, as Liz Terry reports
Active Blackpool is deploying Cornerstone Connect, a new digital interface allowing
disparate information from multiple systems to be aggregated into one dataset, to support
its focus on reducing health inequalities and improving healthy life expectancy.
CoverMe, the global leader in fitness workforce management, today launches CoverMe PT, an
on-demand personal training platform that connects the right personal trainer to the right
client in under 10 seconds.
French fitness chain On Air Fitness, with 113 clubs across France and internationally
(Spain, Morocco and Portugal) and more than 430,000 members, has chosen to introduce Panatta
equipment — a 12-machine circuit from the premium Free Weight Special line —