Oakworks Inc
Oakworks Inc
Oakworks Inc
 
EMPLOYERS: POST A JOB
Free ezines & magazines
News Video Training Products Magazines Spa Business spa-kit Handbook What's on Advertise Subscribe
Catalogue gallery
More catalogues
Diary dates
Powered by leisurediary.com
30-30 May 2024
Four Seasons Hotel George V, Paris, France
30 May - 02 Jun 2024
Rimini Exhibition Center, Rimini, Italy
06-07 Jun 2024
Sataman Viilu , Jyväskylä, Finland
11-13 Jun 2024
Raffles City Convention Centre, Singapore, Singapore
22-22 Jun 2024
Worldwide,
22-24 Jun 2024
Las Vegas Convention Center, Las Vegas, United States
22-24 Jun 2024
Las Vegas Convention Center, Las Vegas, United States
23-25 Jun 2024
The Old Thorns Hotel & Resort, Liphook, United Kingdom
Peel Hotels considers expansion
By Luke Tuchscherer 11 Oct 2007
Peel Hotels has announced that it is looking for new sites, since clearing its debt by selling the Avon Gorge Hotel.

The company sold the Avon Gorge Hotel in Bristol for £15.5m at the end of August, while its debt was £15.3m. Since then, Peel has acquired two smaller freeholds for £2.35m of the Bull hotel in Peterborough.

Robert Peel, chair, said: “We have shown encouraging progress in the period. The net effect of our asset sales and lease acquisition, apart from a significant capital gain from the former, will be to leave the company totally debt free going forward.”

“The board believes that the company is in a strong position to consider the merits of expansion dependent upon beneficial market conditions.”

The company made the announcements in its interim results for the 28 weeks ended 26 August, which saw operating profit rise 11 per cent to £1.38m and pre-tax profit jump 45 per cent to £755,226.



News
1 to 12 of 8721 news stories
24 May 2024
Five-star Scottish countryside retreat Mar Hall Hotel, Golf & Spa Resort in Bishopton has lifted the curtain on its newly refurbished spa and leisure suite. Thanks to the refresh, the property’s existing eight-treatment-room spa has ... More
24 May 2024
Evian Spa, the spa and wellness brand inspired by the premium mineral water brand, has arrived in Doha, marking its inaugural Middle Eastern location and fifth global destination. The new 1,800sq m wellness facility has ... More
23 May 2024
A new nature-inspired wellness destination called Align is coming to Tucson, spearheaded by brothers and local hospitality entrepreneurs Mark and Eric Erman. Designed to foster individual and collective wellbeing, the project is set to create ... More
21 May 2024
Modern US wellness brand The Well has promoted Zeev Sharon, formerly VP of real estate, to chief development officer. Sharon will oversee its global expansion to help grow the business’ branded residential, hospitality and club ... More
20 May 2024
QC New York, a luxury Italian day spa on Governors Island, will expand its offering this July by adding an extra 15,000sq ft of space. This new area will feature sensory saunas, waterfalls, a salt ... More
17 May 2024
The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & Communities Symposium in Manhattan. The GWI defines wellness real estate as homes ... More
14 May 2024
Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group. With a background in therapy and fitness training, Hawco ... More
10 May 2024
The Ritz-Carlton Reynolds, Lake Oconee in the southeastern US state of Georgia is celebrating a new milestone after unveiling its newly renovated 27,000sq ft destination spa. The vision behind the refresh was to create a ... More
09 May 2024
Art’otel, Radisson’s contemporary art-inspired lifestyle hotel brand, has strengthened its presence in London with a new hotel in Hoxton fusing art, design and hospitality. The location features 357 art-inspired guest bedrooms and suites all with ... More
08 May 2024
HoloBike, a holographic training bike that simulates trail rides in lifelike 3D, is aiming to push indoor cycling technology up a gear. A California-based group of engineers and designers, Saga Holographic, have been working on ... More
08 May 2024
Luxury hotel brand Aman, widely known for its strong spa focus, has just launched its much-talked-about sister brand Janu in Tokyo – complete with a 4,000sq m urban wellness retreat. Janu Tokyo is only the ... More
07 May 2024
Equinox, has teamed up with health platform, Function Health, to offer 100 comprehensive laboratory tests, giving members vital insights into their internal health as part of an Optimize by Equinox membership. Priced at US$40,000 a ... More
     
International SPA Association - iSPA
The Leisure Media Company Ltd
Company Profile
Cariitti Oy
Cariitti is a Finnish family business founded by Kari Ruokonen in 1998 that offers versatile [more]
 
MORE PROFILES
Featured Supplier
The sound of success: three ways music can boost spa revenue according to Myndstream’s Freddie Moross
At Myndstream, we understand the power of music elevates the spa experience. But did you know it can also be a powerful revenue generator? ... more
Art of Cryo
Product news
Eminence Organic Skin Care launches Charcoal & Black Seed Collection to purify and balance
Eminence Organic Skin Care launches Charcoal & Black Seed Collection to purify and balance
Corinthia Budapest and Omorovicza collaborate to honour Hungarian spa culture
Corinthia Budapest and Omorovicza collaborate to honour Hungarian spa culture
bbspa_Group's Gabriella Francia talks balancing tradition and tech in spas
bbspa_Group's Gabriella Francia talks balancing tradition and tech in spas
Discover the perfect blend of style, innovation and flexibility with Living Earth Crafts’ Insignia 2.0 Ellipse
Discover the perfect blend of style, innovation and flexibility with Living Earth Crafts’ Insignia 2.0 Ellipse
JK Wellness' full-body LED light therapy bed Revive Pro IR Laydown makes global debut
JK Wellness' full-body LED light therapy bed Revive Pro IR Laydown makes global debut
First standalone Elemis store to open in London’s Covent Garden
First standalone Elemis store to open in London’s Covent Garden
Directory

 
JOBS
NEWS
VIDEO
TRAINING
PRODUCTS
MAGAZINE
 
SPA BUSINESS
SPA-KIT.NET
SPA BUSINESS HANDBOOK
SUBSCRIBE
ADVERTISE
FREE DIGITAL SUBSCRIPTIONS
CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024



Oakworks Inc
Oakworks Inc
Oakworks Inc
Oakworks Inc
News   Products   Magazine
NEWS
Peel Hotels considers expansion
POSTED 11 Oct 2007 . BY Luke Tuchscherer
Peel Hotels has announced that it is looking for new sites, since clearing its debt by selling the Avon Gorge Hotel.

The company sold the Avon Gorge Hotel in Bristol for £15.5m at the end of August, while its debt was £15.3m. Since then, Peel has acquired two smaller freeholds for £2.35m of the Bull hotel in Peterborough.

Robert Peel, chair, said: “We have shown encouraging progress in the period. The net effect of our asset sales and lease acquisition, apart from a significant capital gain from the former, will be to leave the company totally debt free going forward.”

“The board believes that the company is in a strong position to consider the merits of expansion dependent upon beneficial market conditions.”

The company made the announcements in its interim results for the 28 weeks ended 26 August, which saw operating profit rise 11 per cent to £1.38m and pre-tax profit jump 45 per cent to £755,226.

MORE NEWS
Evian Spa makes Middle Eastern debut, crowning top floor of luxury Bentley Tower
Evian Spa, the spa and wellness brand inspired by the premium mineral water brand, has arrived in Doha, marking its inaugural Middle Eastern location and fifth global destination.
Connection, creativity and nature inspire Arizona’s upcoming desert wellness sanctuary Align
A new nature-inspired wellness destination called Align is coming to Tucson, spearheaded by brothers and local hospitality entrepreneurs Mark and Eric Erman.
The Well names Zeev Sharon chief development officer and announces plans for Swiss debut
Modern US wellness brand The Well has promoted Zeev Sharon, formerly VP of real estate, to chief development officer.
QC New York to unveil 15,000sq ft multimillion-dollar expansion in July
QC New York, a luxury Italian day spa on Governors Island, will expand its offering this July by adding an extra 15,000sq ft of space. This new area will feature sensory saunas, waterfalls, a salt room, an ice room, a lavender room, a 142-seat bistro and a waterbed relaxation room.
Wellness real estate market booming – forecast to reach $913bn by 2028, reports GWI
The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & Communities Symposium in Manhattan.
Banyan Group appoints Paul Hawco to spearhead wellness strategy
Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group.
+ More news   
 
COMPANY PROFILES
Power Plate

Power Plate is owned, manufactured and distributed by Northbrook, Ill.-based Performance Health Syst [more...]
+ More profiles  
DIRECTORY
+ More directory  
DIARY

 

30-30 May 2024

Forum HOTel&SPA

Four Seasons Hotel George V, Paris, France
30 May - 02 Jun 2024

Rimini Wellness

Rimini Exhibition Center, Rimini, Italy
+ More diary  
 


CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS