UK Leisure Parks grows parks portfolio in Yorkshire Dales
UK: The Parks team at commercial real estate firm Colliers, on behalf of Leisure Resorts, has sold Rivers Edge Park in Ingleton in the Yorkshire Dales to UK Leisure Parks for an undisclosed sum.
Spring Budget 2023: Takeaways for hospitality and urban living
UK: The Chancellor of the Exchequer, Jeremy Hunt, has today outlined his Spring Budget.
UK mini-budget: How it will affect hospitality
UK: Chancellor Kwasi Kwarteng has announced a series of tax cuts in a mini-budget aimed to boost economic growth. The raft of measures revealed in today’s mini-budget come at a time when the UK is facing energy bill hikes amid the backdrop of soaring inflation. Some key decisions announced by Kwarteng that affect hospitality include: […]
Pure Leisure adds Mains of Taymouth estate to portfolio
Scotland: Independent holiday park operator Pure Leisure Group has purchased Mains of Taymouth Country Estate and Golf Course in Kenmore, Perthshire.
Park Holidays acquires Christies Parks Ltd in Scotland
UK: Holiday park operator Park Holidays has purchased two further coastal holiday parks in Scotland to add to its portfolio.
Christies Parks due to be sold for £9m+ offers
Scotland: Christies Parks, part of the third oldest family business in northeast Scotland, has gone on the market for the first time. The owner, Gordon Christie, has decided to retire and sell the three holiday parks with the support of international commercial real estate agents Colliers. The company is being marketed at offers of over […]
Wheal Tor inn and glamping pods sold for £600k
UK: Wheal Tor in Cornwall, comprising eight rooms and a range of ‘Hobbit Houses’, has been sold off a guide price of £590,000 to a family team. Charlotte and Adriano Kenilvort, along with Charlotte’s parents Paul and Winsome Riddle, purchased the property from Mark and Maxine Frost. It marks the quartet’s first hospitality renovation project. […]
Legislation is not slowing Airbnb growth says research
UK: Research from Colliers International and Hotelschool The Hague reveals that legislation to restrict the use of Airbnb is not slowing the company’s growth. The research looked at five main European cities which have introduced legislation to restrict short-term rentals – London, Amsterdam, Berlin, Madrid and Paris. It found that guests continue to book Airbnb accommodation in […]