Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13743)           
UK only International

Edinburgh’s four-star Radisson Blu Hotel on the market with price tag of £59m

By Chris Dodd    16 Sep 2014
Three different properties are on offer, including the Blu in Edinburgh / Radisson Hotels

Edinburgh’s four-star Radisson Blu Hotel has been put up for sale with a price tag of £59m (US$95.8m, €74.1m), with agents CBRE and JLL also seeking to shift properties in Manchester and Glasgow as part of the portfolio on offer.

The Blu can be bought as a single purchase, while the Park Inn by Radisson in Manchester is being offered up at £20m (US$32.4m, €25.1m) and the Quay Leisure Park in Glasgow at £53.3m (US$86.5m, €67m). However, investors are also being offered all three in a job-lot deal for £132.3m (US$214.4m, €165.9m).

The Radisson Blu is home to 238 bedrooms, a restaurant, bar, conference rooms and leisure facilities, while the Park Inn has 252 rooms and features similar hospitality and leisure offerings.

The leisure park in Glasgow contains 13 units and an Ibis hotel on a site measuring just under 16 acres. Some of the key tenants already on-site include Odeon Cinemas, Mecca Bingo, The Original Bowling Company and ALEA Casino.

Being handled by commercial property and real estate advisers CBRE and JLL, the move could be construed as an attempt to cash in on a resurgent market.

The UK sector has seen a number of high-profile changes recently, with the Lowry Hotel in Manchester recently purchased by Westmont Hospitality Group (WHG) and its investment partner Mount Kellett Capital Management for a reported sum of £40m (US$64.9m, €50.2m).

Elsewhere, French hotel group Accor has broken away from the oft-championed asset-light strategy deployed by modern hospitality groups by purchasing 13 properties in the UK, looking to benefit from a booming market heightened by strong tourism figures.

Sign up for FREE ezines
Related news
Sports jobs

Leisure Centre Duty Manager

Uppingham School
Salary: £24,687.57pa + pension + health care + benefits
Location: Uppingham, Oakham, UK

Leisure Supervisor (Development)

City University of London
Salary: £32,982 - £37,099pa + excellent pension and benefits
Location: London, UK

Recreation Assistant (Dry Site)

Everyone Active
Salary: Competitive
Location: Market Rasen

Party Leader

Everyone Active
Salary: Competitive
Location: Gainsborough

Cleaning Assistant

Everyone Active
Salary: Competitive pay rates
Location: Gainsborough

Duty Manager

Everyone Active
Salary: Competitive
Location: Gainsborough

Duty Manager

The Pickaquoy Centre
Salary: £30,000pa + local Govt pension + attractive benefits package
Location: Kirkwall, UK

Team Leader (Harrow School Fitness Club)

Harrow School
Salary: £13.71 per hour
Location: Harrow on the Hill, Harrow, UK

Centre Manager (Leisure)

Exeter City Council
Salary: £40,221 - £42,403pa + pension + benefits
Location: Exeter, UK
recruiting with sports management

Director of Operations

Active Luton
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Location: Luton, UK

Fitness Motivator

Everyone Active
Salary: Competitive
Location: Lutterworth

Recreation Assistant/Lifeguard (NPLQ required)

Everyone Active
Salary: 9.50 ph
Location: Lutterworth

Membership Manager

University of Warwick
Salary: £29,605 - £32,982pa + pension + benefits
Location: Coventry, UK

Recreation Assistant

Everyone Active
Salary: Competitive salary
Location: Wigston

Swim Teacher

Everyone Active
Salary: Competitive
Location: Shipston-on-Stour

Swim Teacher

Everyone Active
Salary: Competitive
Location: Shipston-on-Stour
recruiting with sports management

Chief Executive Officer, Mount Batten Centre

Mount Batten Group
Salary: c£65,000pa + pension + benefits
Location: Plymouth, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Rickmansworth, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Watford, UK
Swimming Teacher jobs  duty manager jobs  Team Leader jobs  recreation assistant jobs  Swim Manager jobs  general manager jobs 
More jobs

Company profile

Company profile: GLL
GLL
As the UK’s leading provider of both leisure centres and libraries, GLL operate nearly 400 locations all helping to make a real difference to local communities and local people.
View full profile >
More company profiles

Featured Supplier

Sibec EMEA to blend fitness with luxury at Fairmont Monte Carlo
Experience the pinnacle of fitness and luxury at the premier industry event, Sibec EMEA, set against the breathtaking backdrop of the Fairmont Monte Carlo this Autumn.
View full details >
More featured suppliers

Property & Tenders

Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
Location: Verwood, Dorset
Company: AVISON YOUNG
Location: Hall Place House, Bexley, DA5 1PQ
Company: London Borough of Bexley
Location: 15 Concessions across the nation's forests
Company: Forestry England
More properties & tenders

Diary dates

10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
30 May - 02 Jun 2024
Rimini Exhibition Center, Rimini, Italy
08-08 Jun 2024
Worldwide, Various
More diary dates